The US Dollar strengthened sharply against major currencies on Wednesday after investors digested the Federal Reserve’s latest policy statement, revised economic projections, and comments from Chairman Kevin Warsh following the central bank’s policy meeting. The US Dollar Index gained nearly 1% during the session, climbing above 100.50 and reaching its highest level since late March.
Micron stock (NASDAQ: MU) remains in focus ahead of the company’s fiscal third-quarter results on June 24, with investors debating whether one of Wall Street’s strongest AI-linked rallies still has room to run. The stock has surged as the memory-chip cycle has tightened, but a fresh bullish call has pushed the debate further. The latest
US retail and food services sales increased in May 2026, reflecting continued strength in consumer spending and exceeding market expectations, according to advance estimates released by the US Census Bureau. The Census Bureau reported that advance estimates of retail and food services sales, adjusted for seasonal variation and holiday and trading-day differences but not for
Inveniam and Docugami have announced a partnership aimed at improving the verification and transparency of private-market data, combining document intelligence technology with blockchain-based data attestation. The collaboration will see Docugami open its Document Graph Markup Language (DGML) technology while Inveniam anchors the extracted data on its NVNM Chain blockchain network. The companies said the initiative
US stocks opened slightly higher on Wednesday as investors awaited the Federal Reserve’s latest monetary policy decision and monitored developments in the Middle East that continued to influence oil prices and broader market sentiment. The Dow Jones Industrial Average was up by 50 points. The S&P 500 gained 0.11% while the Nasdaq Composite rose 0.28%.
Micron Technology (MU) shares rose in trading on Wednesday. The gains came as Deutsche Bank became the latest Wall Street firm to raise its price target on the memory-chip maker, citing persistent supply constraints and surging demand from artificial intelligence applications. The stock gained 2.4% on Wednesday after falling more than 6% in the previous
AST SpaceMobile (ASTS) shares moved higher on Wednesday after the company successfully launched three of its largest communications satellites aboard a SpaceX Falcon 9 rocket. The launch marked an important milestone in its effort to build a space-based cellular broadband network. The launch sent BlueBird 8, 9, and 10 into orbit from Cape Canaveral Space
Middle Eastern crude markets weakened on Tuesday as optimism grew over a potential reopening of the Strait of Hormuz following progress in the US-Iran agreement. Traders are increasingly pricing in a faster return of blocked oil supplies from the Persian Gulf, leading to a noticeable easing of the war premium that had dominated the market
Stellar has climbed more than 14% over the past 24 hours, making XLM the best-performing asset among the top 100 cryptocurrencies by market capitalization as fresh ecosystem developments have drawn renewed buying interest. According to CoinGecko data, XLM traded near $0.22 on June 16 after surging from levels below $0.19 earlier in the week. The
The DAX Index jumped this week, reaching a high of €25,000, its highest point since June 2nd. This rebound happened as crude oil prices retreated after the US deal with Iran. Still, the index faces a major risk as hedge funds continue shorting German car companies. Hedge funds are shorting German automakers Top hedge funds