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Dow Hits Record High as UnitedHealth Leads Broad-Based Gains
The Dow Jones Industrial Average surged about 1.5% in early trading to reach a fresh all-time high. Among its components, UnitedHealth Group jumped nearly 6%, Merck rose more than 4%, American Express gained 3.6%, Visa advanced 3.2%, while Boeing and Goldman Sachs each climbed over 2%.Tiger News
3 hours ago
Forex
Canadian Dollar: Range risks near 1.39 ceiling versus US Dollar – Scotiabank
Scotiabank’s Analyst Team notes the Canadian Dollar (CAD) has slipped below 1.39 against the US Dollar (USD) as weak domestic data contrast with stronger United States (US) figures, widening rate spreads in favour of the USD.
Fxstreet
3 hours ago
Market Movers
Applied Materials Inc Stock (AMAT) Opened Down by 3.81% on Jun 4: A Full Analysis
• Institutional and insider selling pressured Applied Materials' share price. • Strong Q2 results and AI demand contrast with recent stock sales. • Analysts maintain positive ratings and price targets for the company.
TradingKey
3 hours ago
Market Movers
Intel Corp Stock (INTC) Opened Down by 3.98% on Jun 4: What Signal Does It Send?
• Nvidia's new AI chip challenges Intel's PC market dominance. • Analysts downgrade Intel shares amid competition and valuation concerns. • Intel's foundry business faces losses and manufacturing yield issues.
TradingKey
3 hours ago
Market Movers
Broadcom Inc Stock (AVGO) Opened Down by 13.65% on Jun 4: What Signal Does It Send?
• Broadcom reported strong fiscal Q2 2026 results, with record revenue and profit. • Stock declined due to elevated market expectations and reiterated AI forecast. • Macquarie downgraded Broadcom rating due to Google's internal chip development.TradingKey
3 hours ago
Market Movers
Advanced Micro Devices Inc Stock (AMD) Opened Down by 5.44% on Jun 4: Key Drivers Unveiled
• Broadcom's reiterated AI forecasts caused a sell-off in chip stocks. • Geopolitical tensions and rising oil prices increase market caution. • Positive AMD product news is outweighed by sector and market pressures.
TradingKey
3 hours ago
Market Movers
Micron Technology Inc Stock (MU) Opened Down by 7.21% on Jun 4: What Signal Does It Send?
• Micron stock fell due to peer's disappointing AI revenue guidance. • Sector-wide profit-taking impacted Micron after recent strong gains. • Memory demand remains strong, but competition and cycles pose risks.TradingKey
3 hours ago
Stocks
Optical Communication Stocks Pull Back With Ciena Down 18%; POET Down 8%; Lumentum, COHERENT, Corning Down 6%
Optical communication stocks pulled back in premarket trading. Ciena fell 18%; Fabrinet fell 9%; POET Technologies Inc fell 8%; COHERENT,Lumentum,Corning fell 6%; Applied Optoelectronics,Credo Technology Group Holding Ltd fell 4%; Semtech,Amphenol fell 3%.Tiger News
3 hours ago
Commodities
Silver Price Forecast: XAG/USD recovery stalls below the 50-day SMA
Silver (XAG/USD) climbs more than 2% on Thursday as a ceasefire agreement between Israel and Lebanon weighs on the US Dollar (USD). At the time of writing, XAG/USD is trading around $74.80, but remains stuck within a familiar range between $72-$78 that has held since mid-May.
Fxstreet
3 hours ago
Cryptocurrencies
Crypto Today: Bitcoin, Ethereum, XRP extend decline, pressured by increasing ETF outflows
Cryptocurrencies are trading under pressure on Thursday, weighed down by risk-off sentiment driven by Middle East tensions and macroeconomic uncertainty. Bitcoin (BTC) has extended its decline below $65,000 and is targeting the key support area at $60,000.
Cryptocurrencies
Is Cardano Over? Charles Hoskinson Warns Of A “Wave Of Failures” — And His Own Community Is Furious
Charles Hoskinson, co-founder of Cardano and Input Output Global, sparked one of the most uncomfortable public debates in the blockchain’s history this week — warning in a video posted on YouTube that the second half of 2026 will bring a wave of project failures, forced consolidation, and DeFi...Bitcoinist
3 hours ago
Cryptocurrencies
Analyst Calls Out Stagnant Logic Being Used On XRP, Predicts When Price Will Rally To $300
XRP has spent much of 2026 trading below the targets often discussed across its community, but one XRP commentator is saying that projections to these price targets are being viewed through the wrong lens.The analyst claims that XRP should not be measured like a traditional stock, especially if the ...NewsBTC
4 hours ago
Cryptocurrencies
Bitcoin UTXOs in Loss Hit All-Time High: What It Means for the Market
Bitcoin is down over 16% in the past week, falling from a high of around $76k to currently trading at $62k mark. The largest cryptocurrency is now down roughly 50% from its all time high set in October last year. Heavy ETF outflows, bearish headlines from Mt. Gox adding sell side pressure and Strategy’s first...Cryptopolitan
4 hours ago
Forex
Canadian Dollar: Gradual uptrend against US Dollar through 2026 - TD Securities
TD Securities strategists maintain a structurally bearish view on the US Dollar (USD) and a medium-term bias toward lower USD/CAD. They expect Fed easing in 2027, a high bar for further Bank of Canada (BoC) cuts, and improving Canadian terms of trade to support CAD.Fxstreet
4 hours ago
Economic Indicator
United States Initial Jobless Claims rose to 225K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance increased to 225K for the week ending May 30.Fxstreet
4 hours ago
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Top News
2026 Crypto Crash Causes: Why Bitcoin Prices Broke Through Key Levels? Future Trends and Key Support Level Predictions
Broadcom Q2 Net Profit Surges 88% YoY. But Shares Slump 8% After Hours in Classic “Buy the Rumor, Sell the News”
Clarity Act Added to Senate Legislative Calendar, Can XRP Be the First to Regain Lost Ground?
Will Marvell's Stock Price Continue To Rise? Is It a Good Time To Buy?
SpaceX to Update Prospectus Tomorrow, 1.75 Trillion 'Largest IPO in History' Locked at $135. Musk's Net Worth Approaches Trillion
Market Movers
Morgan Stanley Stock (MS) Moved Up by 3.58% on Jun 4: What Investors Need To Know
23 minutes ago
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JPMorgan Chase & Co Stock (JPM) Moved Up by 3.17% on Jun 4: What Investors Need To Know
24 minutes ago
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