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Southeast Asia’s Economic Rise: ASEAN Targets 4th Largest Economy by 2030
ASEAN targets 4th largest economy by 2030 through regional policies, energy security, and AI adoption to strengthen cross-border partnerships.
Bitcoin Falls to 7-Week Low as Mark Cuban’s Crypto Strategy Resurfaces, June 12
Bitcoin drops to 7-week low as Mark Cuban’s crypto strategy resurfaces. Meyka rates BTC C+ HOLD with RSI at 32.91, signaling oversold conditions.
SpaceX Stock Surges 19% on Record $75B IPO Debut, June 12
SpaceX IPO raised $75B at $135/share, opening at $150 and closing at $161.11. Company valued at $2.1 trillion, sixth-largest US company.
US Wholesale Prices Jump 1.1% in May, Highest Since 2022
US wholesale prices rose 1.1% in May, the highest annual gain since November 2022, driven by energy price surges amid Middle East tensions.
Adobe Stock Falls 13% on CFO Exit Despite Record Q2 Earnings, June 12
Adobe stock drops 13% to $202.89 despite beating Q2 earnings and raising guidance. CFO Dan Durn exits for Marvell as CEO search continues.
Shell Pauses $3B Buyback as ARC Acquisition Vote Nears, June 13
Shell pauses $3B buyback program from June 12 to July 14 ahead of ARC Resources acquisition shareholder vote. Stock trades at $85.71, down 0.40%.
ASML Stock Surges 9.5% as Musk Pitches $55B Terafab, June 13
ASML stock surges 9.5% after Elon Musk pitches $55B Terafab chip factory. Dutch chipmaker holds monopoly on EUV lithography equipment.
Kalshi Hits $1B in Crypto Perps Volume, Expands to HYPE and Solana
Kalshi’s crypto perpetuals hit $1B volume in one week. HYPE token jumps 10% after regulated futures launch on new assets.
German Pensions Rise 4.24% from July 1, 2026
Germany’s Bundesrat approves 4.24% pension increase starting July 1, 2026. Standard retirees gain €77.85 monthly as wage growth outpaces inflation.