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Ethereum USD Drops 11% Daily: ETHUSD Tests $1,686 Support
ETHUSD falls 11.04% today to $1,675.62. RSI at 15.4 signals oversold conditions. Technical analysis and price forecast inside.
Taiwan Semiconductor (TSM) Slumps 5.7% as TPE 2330 Trades at 2,295.00 TWD Amid Geopolitical Shock
Taiwan Semiconductor (TSM) came under heavy pressure on June 8 after a broad technology selloff hit Asian markets. The stock, listed as TPE 2330, closed at 2,295.00 TWD, down 70 TWD from the previous session. During intraday trading, shares dropped as low as 2,230 TWD, marking one of the sharpest declines seen in the stock…
AI Chips Rally Powers TSMC (+52%), Samsung (+159%), and MediaTek (+184%) as Konrad’s Fund Turns Overweight
The global AI chip boom is reshaping Asian stock markets in 2026. Strong demand for artificial intelligence infrastructure, data centers, advanced processors, and memory chips has pushed several semiconductor giants to record highs. According to Reuters, fund manager Sam Konrad of Jupiter Asset Management reported that his fund became so concentrated in winning AI stocks…
High-Yield Bonds Rally as Rates Settle: BHYIX, BRHYX Gain on June 08
High-yield bond funds BHYIX and BRHYX stabilize as 10-year Treasurys hold above 4.5%. Meyka rates both C+ with 12-month targets near $7.66 and $7.61.
Bitcoin USD Drops 4.38% Daily: BTCUSD Tests $61,206 Support
Bitcoin USD fell 4.38% today to $62,891. Technical analysis shows oversold RSI at 18.92 and strong downtrend. Key support at $61,206.
Ericsson Expands in Africa: Zamtel Signs 5G Partnership, June 08
Ericsson and Zamtel partner on private 4G and 5G networks in Zambia to support enterprise digital transformation and next-generation connectivity.
CMR Green Technologies IPO Allotment 2026: Basis Finalisation on June 8 via NSE, BSE & KFin Technologies
The wait is over for CMR Green Technologies IPO applicants. The basis of allotment for the ₹630.88 crore IPO is expected to be finalized on June 8, 2026, after the issue closes with a massive 127.04x overall subscription. Total bids received: 2,927,544,594.4 shares against just 23,043,930 shares on offer. Once finalized, equity shares will be…
XRP Crashes to $1.14 as Macro Risks Drive 22% Monthly Loss
XRP drops to $1.14 amid macro headwinds. Analysts predict stabilization at $1.25-$1.35 or deeper pullback toward $0.70 support.
Japan’s First Female Mayor Takes Maternity Leave, June 08
Mayor Shoko Kawata becomes Japan’s first incumbent mayor to take maternity leave, exposing gaps in labor protections for elected officials.