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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.
NIFTY50 Plunges 0.92% on Asia Selloff, Oil Spike, June 08
NIFTY50 drops 0.92% on June 8 as Asian markets crash, crude oil spikes to $96, and geopolitical tensions in West Asia weigh on Indian equities.
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.
Australia Stocks Close Lower as S&P/ASX 200 Drops 0.70% on Weak Gold, Mining & Materials Sectors
Australia’s share market ended lower in the latest trading session as selling pressure hit resource-heavy sectors. The benchmark S&P/ASX 200 slipped around 0.70%, reflecting weakness in gold, mining, and materials stocks. We saw a clear risk-off tone in the market. Investors moved away from commodity-linked companies as global resource prices softened. The decline also follows…
NVDA Stock Update: NVIDIA Corp at $205.10, Down 6.20% (-$13.56) as Lunit Joins AI Ecosystem Meeting in Korea
NVDA stock closed Friday, June 6, at $205.10, its worst single-day drop since February. The stock fell 6.20%, moving from $218.66 to $205.10, with a session range of $204.34 to $214.87. Total volume hit 216 million shares, 47 million above the daily average, exchanging approximately $44.23 billion in a single session. NVDA’s all-time high of…
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.