🚨JUST IN: US CPI rose 4.2% year-over-year in May, matching expectations. Core CPI increased 0.2% month-over-month, below expectations, easing fears of a hotter-than-expected inflation report.
$SPY $QQQ $DIA $BTC
🚨JUST IN: Arca says $MSTR Executive Chairman Michael Saylor's claim that AI capital rotation caused Bitcoin's recent crash is "nonsense."
Arca argues Strategy's sale of 32 $BTC sparked fears the company may need to sell more Bitcoin in the future.
JUST IN: 🇬🇧 $GSK agrees to acquire cancer drug developer Nuvalent in a $10.6 billion deal, boosting its oncology portfolio and strengthening its position in the global cancer treatment market.
🚨JUST IN: Strategy $MSTR purchased 1,550 Bitcoin worth approximately $101 million, its first BTC purchase since selling Bitcoin last week. Total holdings now stand at 845,256 $BTC.
💥BREAKING: Johnson & Johnson $JNJ to acquire cancer drug technology developer Firefly Bio for $1 billion in cash.
The acquisition is expected to expand J&J's oncology pipeline with targeted cancer therapies.
@StockSavvyShay Everyone talks about Nvidia GPUs. Few are talking about the memory bill approaching $3.2M per rack. $MU could be one of the biggest second-order AI winners.
🚨 JUST IN: $ZEC has surged 45% from last week's lows after developers proposed the "Ironwood" upgrade, allowing anyone to verify no counterfeit Zcash is circulating on the network.
$ZEC remains down roughly 22% over the past week.
🚨 JUST IN: Goldman Sachs now expects the Federal Reserve to keep interest rates unchanged through 2026 and delay rate cuts until 2027, citing stronger economic activity and job growth.
Goldman now sees rate cuts in June and December 2027.
$GS $SPY $QQQ $DIA $IWM $TLT $BTC $ETH
💥 BREAKING: NVIDIA announces AI partnerships with SK Hynix, SK Telecom, Naver, LG, Doosan, and Hyundai in South Korea.
NVIDIA also signed a multi-year agreement with SK Hynix to secure advanced memory supply for AI infrastructure and data centers.
$NVDA $HXSCF $SKM $HYMTF $SSNLF $MU $AMD $AVGO
🚨JUST IN: Chip stocks erased $1.3 TRILLION in market value Friday after $AVGO Broadcom earnings disappointed investors and stronger jobs data increased fears of higher interest rates.
$NVDA lost over $300 BILLION in market value.
$MU fell 13%.
$AMD dropped 11%.
$AVGO fell 7.9%.