Category: Business

May PCE inflation data landed on June 25 at a 4.1 percent annual rate, the highest reading since April 2023, while core PCE rose 3.4 percent year-over-year after gaining 0.3 percent on the month. Both core readings matched forecasts exactly. The headline monthly figure came in 0.1 percentage point below the 0.5 percent expectation. The...

Micron Technology posted the most compelling single quarter in its corporate history after the June 24 close, and markets wasted no time responding. Shares surged roughly 16% on June 25, adding to a year that had already taken the stock from near record lows to all-time highs. Revenue came in well above the $35 billion...

SpaceX (SPCX) shares fell sharply for a second consecutive session on June 23, 2026, declining around 8% after reports emerged that the company was proposing a $20 billion bond sale just days after its IPO closed on June 12. The stock, which peaked at $225.64 on June 17, has now entered bear market territory from...

Wall Street’s AI-driven rally hit a significant speed bump on June 23, 2026, with investors growing visibly uncomfortable about the gap between the capital being committed to AI infrastructure and the revenue those investments are expected to generate. The Nasdaq fell 2.21% and the S&P 500 dropped 1.44% as technology stocks led the decline for...

FedEx (FDX) reported fourth-quarter fiscal 2026 results on June 23, 2026, and the numbers delivered a cleaner story than the equity market’s chaotic session gave them credit for. Revenue rose to $25.0 billion, adjusted operating income came in at $2.09 billion, and capital spending as a percentage of revenue fell to 4.0%, the lowest annual...

Micron Technology heads into its fiscal Q3 2026 earnings release on June 24 carrying a bruise it did not have at the start of the week. A broad semiconductor rout on June 23 sent shares down sharply to close at $1,074.60, erasing more than eleven percent in a single session before the company’s biggest earnings...

The Nasdaq Composite fell 2.21% on June 23, 2026, and the S&P 500 dropped 1.44%, marking the second consecutive session of broad technology declines heading into June 24. South Korean chip stocks triggered the selloff before US markets even opened, with the KOSPI falling nearly double digits and pulling semiconductor names lower across Asian, European,...

The international foreign exchange ecosystem is witnessing extreme architectural stress as the primary East Asian currency undergoes a prolonged valuation contraction against its North American counterpart. Investment researchers at Kepler Group notes that the major currency pair is hovering aggressively near historic multi-decade thresholds, rapidly approaching its previous cyclical peak of approximately 162.00. Prominent European...

A profound structural transformation is sweeping through international foreign exchange corridors as aggressive adjustments to domestic monetary policy trigger massive capital reallocation. A strategy analyst at Kepler Group highlighted that the broad-based clearing index for the greenback has breached its multi-quarter horizontal resistance band to touch a distinct twelve-month high. This bullish breakout marks a...

A prominent investment banking institution has implemented a substantial downward revision to its year-end bullion valuation model as macroeconomic indicators favor a prolonged restrictive monetary environment. Economic observers at Kepler Group notes that market strategists have reduced their year-end target for the precious metal by $500 per ounce. This sudden modification is directly tied to...