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Fear & Greed 74/100
Cluster

# oil china bank










⇢ Foreign CEOs visiting China, including Elon Musk and David Solomon, have been keeping a low profile and avoiding public engagements due to political and trade tensions, as well as uncertainty around China's national security crackdown.
Tweets:
@reuters
# coinbase sec crypto











⇢ The Alabama Securities Commission has issued a show cause order to crypto asset company Coinbase and its parent company, giving them 28 days to show why they should be allowed to continue doing business in Alabama, as part of a multi-state task force of 10 state securities regulators.

# apple headset visionpro













⇢ A security flaw in Progress Software's MOVEit product has led to a massive data theft by cybercriminals, with attacks going as far back as May 27, and companies including the BBC, Boots, and British Airways warning employees that their personal information may have been stolen.

# stocks stock investorplace










⇢ Saudi Arabia's Tadawul All Share Index remained steady for the third consecutive day, gaining 0.21% to close at 11,316.87, with a total trading turnover of SR6.69bn ($1.78bn) and 104 listed stocks advancing.
Trending Topics
Cluster

# christie mccarthy trump











⇢ Senator Marco Rubio tweeted that any political commentator claiming Chris Christie "ended" his campaign in 2016 is "lazy or dumb," referencing a heated exchange during a GOP primary debate where Christie criticized Rubio for delivering pre-written speeches.
Tweets:
@zerohedge
# energy water solar











⇢ Researchers at the California Institute of Technology have successfully beamed solar power down to Earth from a satellite using a microwave beam, demonstrating the potential for harvesting solar energy in space.

# store mcdonald employees










⇢ Martha Stewart believes that if remote or hybrid work continues, America will suffer and has criticized European counterparts who have a more flexible work-life balance.

# migrants san florida










⇢ San Jose city council has approved an $18.9 million lease for a 6.3-acre RV parking lot in the Berryessa neighborhood, which will be the largest of its kind in the city and offer a faster, interim option to combat the homelessness crisis.
Tweets:
@wsjMovers
Cluster

# ftc microsoft trump











⇢ John Durham's final report on the Trump-Russia collusion investigation faults the FBI for relying on Hillary Clinton-funded material to pursue it, but does not address the Clinton campaign's tie to the unproven claim that Russia interfered in the 2016 election by hacking Democratic party servers and releasing the material through Wikileaks to help elect Trump, despite evidence that calls it into question.

# ford tesla engine











⇢ Thanks to government subsidies, the Tesla Model 3 can now be purchased for as little as $23,000 in California, with the inclusion of both federal and state incentives, making it cheaper than a new Toyota Camry.

# ukraine dam russian










⇢ Satellite images show that the Kakhovka dam in Ukraine was already partially damaged days before it collapsed, with a section of a bridge on the dam in disrepair at least four days before the dam burst, but it is unclear who inflicted the damage or if it affected the eventual breach.

# card southwest singapore











⇢ Circle Internet Singapore, an affiliate of USDC stablecoin issuer Circle, has obtained a Major Payment Institution license from the Monetary Authority of Singapore, allowing it to offer digital payment token services and cross-border and domestic money transfer services in the city-state.
Tweets:
@coindeskCluster

# student loan studentloan











⇢ The student loan payment pause during the COVID-19 pandemic has actually made borrowers worse off, as they accrued more debt and ended up financially worse off than before, according to a new working paper from the National Bureau of Economic Research.

# ai generativeai chatbot










⇢ Priceline plans to use Google's AI technology to power a more sophisticated chatbot for trip planning and hotel suggestions, with access to generative AI and existing data to ensure accuracy, in a bid to compete with rival travel platforms.

# pga liv tour










⇢ The PGA Tour's partnership with the Saudi-backed LIV golf tour is criticized for legitimizing an authoritarian regime with a poor human rights record and betraying the 9/11 Families United group's concerns.
Tweets:
@business
# german forecastprevious wine






⇢ Rising temperatures due to global warming are affecting the wine industry, with Germany unable to produce certain types of Riesling since 2012, but the country is hoping to expand its culinary image abroad through wine tastings and events.
Cluster

# medicare merck drug










⇢ Merck & Co. has filed a lawsuit against US health agencies over the Inflation Reduction Act's price negotiation policies, which the company claims are unconstitutional and a "sham."
Tweets:
@business
# recession rate rates










⇢ UK house prices have experienced their first annual fall in over a decade, with the average home price 1.1% lower in May than in the same month last year, as the impact of soaring interest rates on household budgets brings a halt to the country’s long housing boom.

# knowstart handlesfailure failuredoes



⇢ The piece is described as beautiful.

# bud budlight light











⇢ Bud Light experienced a 24% decline in sales from a year ago in the last week of May, continuing to face backlash from consumers over its custom cans for transgender influencer Dylan Mulvaney.
Tweets:
@nypostCluster

# twitter creators content











⇢ Drew Barrymore's eponymous talk show has become a viral sensation, with clips spreading across social media platforms and her audience significantly growing, as she brings her candid and intimate interview style to the forefront.
Tweets:
@ap
# exports chinaexports imports











# boeing 787 deliveries











⇢ Boeing has discovered a new production flaw in its 787 Dreamliner, which could slow the delivery of 90 jets in its inventory, but the company still expects to deliver 70-80 of the widebody jets this year as planned.
Tweets:
@zerohedge
# boppy loungers recalled











⇢ The US Consumer Product Safety Commission has warned parents and caregivers to stop using Boppy Newborn Loungers after two more infants died, following a mass recall of the product in 2021 due to a risk of suffocation.
Cluster

# oecd 20232024 2024oecd





⇢ The OECD predicts that global economic growth will only moderately pick up over the next year due to the full effects of central bank rate hikes, with the world economy set to grow 2.7% this year, up from its previous forecast of 2.6% in March.

# gun cannabis atf







⇢ A civil suit filed in federal court alleging that Connecticut officials violated a couple's Fourth Amendment rights by releasing camera-carrying bears in the area that came within 200 yards of their home does not have legal merit, according to Eugene Volokh, a law professor at UCLA.
Tweets:
@zerohedge
# sequoia venture venturecapital






⇢ US venture capital firm Sequoia plans to split into three businesses, with its China unit being hived off and its India and Southeast Asia units being combined, due to economic and geopolitical challenges.

# hinkle transgender gender








⇢ Efforts to ban culturally or sexually inappropriate books in conservative states have led to retaliation, with parents and community members targeting the Bible for removal from schools and libraries, arguing that its graphic depictions of sex and violence make it just as subversive and inappropriate as the materials being banned.
Stocktwits
MVIS Microvision Inc.
TSLA Tesla Inc
COIN Coinbase Global Inc
SHOP Shopify Inc
RNAZ TransCode...
NVCR NovoCure Ltd
STX.X Stacks
MTL.X Metal
EPAM EPAM Systems Inc
GME GameStop Corp.
LBTYA Liberty Global...
PLAY Dave & Buster's...
CBAY Cymabay Therapeutics Inc
YEXT Yext Inc
ED Consolidated Edison, Inc.
DSEY Diversey Holdings Ltd
IOT Samsara Inc
JNJ Johnson & Johnson
DNKEY DANSKE Bk A/S/S ADR
LBTYK Liberty Global...
MOND Mondee Holdings Inc
ZUO Zuora Inc -...
SPY SPDR S&P 500 ETF
Cluster

# reddit 90employees laying






⇢ The subreddit r/Economics will be going dark on June 12th to protest against Reddit API changes that will result in the death of 3rd party apps.

# retirement savings apy










⇢ Budgeting is about balancing needs and wants, identifying what you value in life, calculating after-tax income, monitoring spending, differentiating between needs and wants, and making a flexible spending plan.

# 0008 visitwww commercialuse

# carlson fox tucker







⇢ Former Fox News host Tucker Carlson has launched a low-budget Twitter show called "Tucker on Twitter" after being fired from the network, with the first episode featuring right-wing commentary and conspiracy theories, but it remains to be seen if it will have the same influence as his former show.

# cramer cramersaid scams




⇢ CNBC's Jim Cramer has advised investors to get their money out of cryptocurrency while they still can, describing crypto platforms as "poppycock" and primarily scams, echoing SEC Chair Gary Gensler's concerns about the lack of regulation.
Tweets:
@cnbc
# ecb schnabel ecbschnabel



⇢ ECB's Knot warns that inflation expectations in financial markets are too optimistic.

# realtek mediatek enigma







⇢ Former FTX CEO Sam Bankman-Fried claims prosecutors have missed discovery deadlines for key pieces of evidence required in the defense of a raft of fraud charges, while FTX bankers are reportedly looking towards cashing out shares in AI startup Anthropic.
Wikipedia Current Events
June 6
Armed conflicts and attacks
- Russian invasion of Ukraine
- Destruction of the Kakhovka Dam
- The Nova Kakhovka dam in the Russian-occupied part of Ukraine's Kherson Oblast is destroyed, releasing a large amount of water downstream on the Dnieper. The dam had held back 18 cubic kilometres of water in the Kakhovka reservoir. (Reuters)
- Thousands of civilians are evacuated from the city of Nova Kakhovka and surrounding villages as the floods spread. (BBC News)
- Destruction of the Kakhovka Dam
- Islamic State–Taliban conflict
- The deputy governor of Afghanistan's Badakhshan province and his driver are killed and six civilians are injured when a suicide car bomber rams their vehicle in Fayzabad. (DW)
Disasters and accidents
- Three people are killed and 36 others are injured by a magnitude 4.9 earthquake in Jérémie, Grand'Anse, Haiti. (ABC News)
Law and crime
- Kidnapping and killing of Jee Ick-Joo
- A court in Angeles, Philippines, convicts a police personnel and a National Bureau of Investigation employee in connection to the kidnapping and killing of South Korean businessman Jee Ick-Joo in 2016. However, the alleged mastermind of the plot is acquitted. (Philippine Daily Inquirer)
- Regulation of electronic cigarettes
- The New Zealand government announces the prohibition of most disposable electronic cigarettes from August. (The Guardian)
- Five people are killed and eight others are injured after police open fire on taxi drivers protesting high petrol prices in Huambo, Angola. At least 34 others are arrested during the protest, which occurred in response to the government's decision to reduce fuel subsidies. (News24)
Sports
- Professional golf tour organizations LIV Golf, PGA Tour, and PGA European Tour announce that they will pool their commercial rights into a new for-profit venture, which will be funded primarily by Saudi Arabia's Public Investment Fund. This merger agreement will terminate all existing litigation between the three tours, with plans for a "fair and objective process for any players who desire to re-apply for membership". (Sky Sports)