Article Category: Business

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...

West Texas Intermediate (WTI) futures on NYMEX declined approximately 1.2%, trading near $75.50 during Monday’s Asian session, reversing early-session strength and confirming a shift into a short-term bearish regime.  The move reflects a rapid geopolitical risk premium contraction, rather than a deterioration in demand-side fundamentals. The broader context and market perspective are covered in detail...

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...

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...

Silver (XAG/USD) trades higher in early Monday European activity, reaching approximately $66.35, extending a corrective intraday rebound after recent downside pressure. Despite the upward movement, the broader market structure remains clearly bearish on a multi-session and daily basis, with price still operating well below key dynamic resistance zones. Readers looking for additional insights can find...

The Indian Rupee (INR) continues to trade with a firm bias against the US Dollar (USD) in early Monday sessions, with the USD/INR pair stabilizing near 94.25, close to its multi-week low at 94.03.  The move reflects a convergence of declining crude oil prices, shifting geopolitical risk premiums, and evolving expectations around global interest rate...

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...

The British Pound (GBP) advanced against the US Dollar (USD) during Friday’s early European session, with the GBP/USD pair climbing toward the 1.3200 mark.  The currency pair extended modest gains as investors reacted to evolving political developments in the United Kingdom while also reassessing the outlook for US monetary policy following the latest Personal Consumption...

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 USD/CAD exchange rate declined toward 1.4190 during Friday’s early European session, reflecting a shift in short-term rate differentials and positioning adjustments across USD macro portfolios. In this article, the brokers at Fonndure provide a comprehensive analysis of this topic.  The move extends a near-term corrective phase in the pair following rejection from the 1.4260–1.4280...