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XRP Falls 5% to $1.11 as Adoption Stalls, June 06
XRP drops 5% to $1.11 amid oversold conditions, down 70% from $3.66 peak despite Ripple’s bank adoption efforts.
Dow Hits Record 51,562 as Investors Flee AI Chips, June 06
Dow Jones hits record 51,562 as Broadcom’s AI guidance miss sparks rotation from tech into financials and healthcare.
Micron Stock Crashes 13% as Broadcom Shocks Chip Market, June 06
Micron stock fell 13% after Broadcom missed AI revenue guidance, erasing $94B in market cap amid semiconductor sector concerns.
RBI Considers Polymer Banknotes to Cut Costs, Durability Focus June 06
RBI examines polymer banknotes to replace damaged currency. Plastic notes last twice as long as paper and reduce printing costs.
30-Year Mortgage Rate at 6.48%, Down 37 Basis Points Year-Over-Year
30-year mortgage rates at 6.48% on June 5, 2026, down 37 basis points year-over-year. 15-year rates at 5.72% as Fed holds steady.
Micron Stock Crashes 9.4% as Fed Rate Hike Fears Grip Tech, June 06
Micron stock fell 9.4% on June 05 as strong jobs data raised Fed rate hike odds, despite Nvidia HBM chip certification.
Ethereum Crashes to $1,589, Hits Oversold Levels on June 05
Ethereum crashes to $1,589 USD, down 13% in one month. RSI shows oversold conditions. Key support levels at $1,600 and $1,500. Meyka rates ETH a C+.
Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops below $61,500 amid Strategy’s BTC sale and hedge fund outflows triggering $635B in liquidations. Meyka rates BTC C+.
Jet Fuel Prices Surge on Iran War, But Europe Avoids Shortage
Iran conflict raises jet fuel prices 80% in March, but EU and airlines confirm no supply shortage expected despite Middle East disruptions.