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Mark Cuban Reverses Bitcoin Stance: Calls It ‘Lost the Plot’, June 12
Mark Cuban reverses Bitcoin stance, calling it ‘lost the plot’ after recommending a 10% speculative bet. BTCUSD trades at $63,398, down 27% YTD.
UK Economy Shrinks: GDP Drops 0.1% in April as Iran Conflict Sends Energy Costs Soaring and Growth Slows
The UK Economy faced a setback in April as the country’s Gross Domestic Product (GDP) fell by 0.1%, highlighting growing pressure from higher energy prices, weaker consumer demand, and increasing global uncertainty. The decline came at a time when geopolitical tensions involving Iran pushed energy costs higher, creating additional challenges for businesses and households. The…
European Stocks Rally as Oil Falls Near $93 on US-Iran Diplomatic Hopes; STOXX 600 Holds Gains
When oil falls, European stocks gain, and that trade is playing out precisely on June 12, 2026. The pan-European STOXX 600 navigated a choppy session this week as oil prices hovered near $93 per barrel following one of the biggest exchanges of hostilities between the US and Iran since the two countries agreed to a…
Dow Jones futures jump 0.6%, S&P 500 rises 0.5%, Nasdaq 100 adds 0.4% after sudden Iran de-escalation move
U.S. stock futures moved higher in early trading as global risk sentiment improved sharply. Dow Jones futures climbed around 0.6%, S&P 500 futures gained 0.5%, and Nasdaq 100 futures added nearly 0.4%. The main trigger is a sudden shift in geopolitical tone around Iran. Reports suggest progress in diplomatic discussions and a possible easing of…
FTSE 100 Rises 0.85% as US-Iran Deal Hopes Boost Risk Sentiment Despite UK GDP Dip
The FTSE 100 index rose by 0.85% in recent trading sessions as investor sentiment improved following renewed hopes of a potential diplomatic agreement between the United States and Iran. The positive global mood helped offset weaker economic data from the United Kingdom, where GDP figures showed a slight dip. The movement in the FTSE 100…
Bitcoin Holds Near $63,579 as Hot PPI and SpaceX’s Record IPO Drain Liquidity From Crypto Markets
This is not a Bitcoin story. It is a macro story, and Bitcoin is absorbing it. Bitcoin holds near $63,579 on June 12, 2026, after briefly climbing above $63,500 before retracing sharply as US Producer Price Index (PPI) data for May came in at 6.5% year-over-year above consensus and directly revived rate-hike fears that had…
TCS Shares Rise 2% After Launching India’s First Oracle AI Data Platform Lab in Kolkata
TCS shares rose around 2% in recent trading sessions after the company announced the launch of India’s first Oracle AI Data Platform Lab in Kolkata. The development signals a stronger push by Tata Consultancy Services into artificial intelligence, cloud computing, and next-generation enterprise data solutions. The rise in TCS stock reflects growing investor confidence in…
SOFI Stock Surges 5.04% to $16.67: SoFi Technologies Director Gains 18,388 Shares Through RSU Settlement—Bullish Signal?
Sofi Stock attracted significant attention after shares of SoFi Technologies Inc. climbed 5.04% to $16.67 in a strong trading session. The gain came as investors assessed a recent regulatory filing showing that a company director received 18,388 shares through the settlement of restricted stock units (RSUs). The stock’s move higher reflects growing optimism around SoFi’s…
Nikhil Kamath Bets on India’s $10 Trillion Future, Boosts IT and Banking Stocks
Nikhil Kamath backs India’s $10 trillion economy goal, increasing IT and banking stock exposure while avoiding China’s development model.