Ethereum whale profits from market crash with strategic buyback

A long-term Ethereum investor executed a remarkably well-timed trading strategy by selling approximately $188 million worth of cryptocurrency holdings before a sharp market downturn and later rebuilding positions at significantly lower prices. Blockchain analytics firm Lookonchain described the move as a near-perfect example of selling at......

Institutional investors buy Bitcoin dip as market faces pressure

Institutional investors are treating Bitcoin's sharp decline as a buying opportunity rather than a reason to exit the market, according to Coinbase's head of institutional strategy John D'Agostino. Speaking on CNBC's "Squawk Box," D'Agostino said he was unaware of any major institutional holders facing forced......

Google orders three million TPU chips from Intel for 2028

Google has placed a large order for more than three million tensor processing units from Intel for delivery by 2028, according to a report citing four people with direct knowledge of the discussions. The agreement signals growing trust in Intel’s efforts to rebuild its semiconductor manufacturing business and expand its role in advanced......

Amazon and Corning sign multi-billion-dollar agreement to expand fiber optics manufacturing in the United States

Amazon and Corning have announced a multi-billion-dollar partnership aimed at strengthening fiber optics manufacturing and connectivity infrastructure in the United States. The agreement reflects the growing demand for advanced networking technologies as cloud computing, artificial intelligence, and large-scale data centers continue to expand......

Alphabet reportedly turns to intel for future AI chip production

Alphabet, the parent company of Google, is reportedly considering a major partnership with Intel to manufacture millions of custom artificial intelligence chips later this decade. The reported agreement would represent a significant development for both companies and could reshape parts of the global semiconductor landscape. According to......

Iran halts attacks on Israel after Trump calls for ceasefire

Direct missile exchanges between Iran and Israel marked the most serious escalation between the two countries in two months, as both sides launched strikes for the first time since the April 8 ceasefire. The confrontation began when Iran fired multiple waves of ballistic missiles toward northern Israel, targeting two Israeli air bases, according......

Samsung Foundry moves closer to profitability after years of losses by 2026

Samsung Electronics’ foundry division is approaching a return to profitability in the third quarter of 2026, marking a potential end to nearly four years of sustained losses that have weighed on the company’s semiconductor ambitions. Internal assessments and industry observations indicate the unit could reach break-even between......

U.S. election betting surge raises concerns over insider trading in prediction markets

A rapid expansion in prediction markets tied to U.S. elections is raising growing concerns among experts about the ability of regulators to prevent insider trading and maintain market integrity. Platforms such as Kalshi and Polymarket have seen increased activity as users place bets on electoral outcomes across thousands of local, state,......

Citi raises S&P 500 years-end target to 8,100 on strong earnings and AI growth outlook

Citigroup has raised its year-end forecast for the S&P 500 index, reflecting stronger-than-expected corporate earnings and continued optimism around artificial intelligence-driven growth in the global economy. The investment bank now expects the benchmark index to reach 8,100 points by the end of the year, up from its previous target......

Spider-Man brand new day trailer leak spreads online ahead release

The second trailer for Spider-Man: Brand New Day circulated online in low-quality audio and video formats after a leak spread across social platforms over the weekend. Clips and recordings appeared on multiple channels, prompting rapid takedown actions over copyright infringement. The material began with a full audio track that surfaced on......

Gold prices fall to $4,365 as analysts stay bullish on rebound

Gold prices have retreated sharply from recent highs, with spot and futures contracts trading around $4,365 per ounce in early June 2026. The metal previously reached a record above $5,400 in January before entering a sustained correction phase that has now lasted three months. The decline has been driven by stronger US Treasury yields, persistent......

China humanoid robot production surges as demand lags behind

China has rapidly scaled up the production of humanoid robots, securing a dominant position in the global robotics supply chain, while signs of weak demand raise concerns about a potential imbalance in the sector’s growth trajectory. The country accounted for roughly 85 percent of global humanoid robot shipments in 2025, according to......

Six injured in stabbing attack at New York's Penn Station

Several people were injured in a stabbing incident at New York City's Penn Station, one of the busiest transportation hubs in the United States. Authorities confirmed that six victims were hospitalized following the attack and that the suspect was quickly taken into custody. Emergency responders and law enforcement agencies arrived at......

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