Stocks

On June 11, President Donald Trump issued a warning toward Iran that mentioned potential U.S. control of Kharg Island, as traders simultaneously digested a U.S. producer inflation print showing PPI at 6.5%. Markets reacted unevenly: Brent stayed near $92 and WTI near $90, while bitcoin traded around $62,872 and ethereum near $1,645 amid concerns over both geopolitics and rate-cut expectations.

U.S. Treasury yields were little changed in early Thursday trading as markets weighed the latest inflation figures and escalating Middle East tensions. The 10-year yield stood at 4.5384% and the 2-year was flat at 4.1288%, while traders looked ahead to U.S. producer price data expected to rise 0.7% month on month in May. Oil prices turned lower, with WTI down 0.9% to $89.24 and Brent slipping more than 1% to $92.14.

On June 9, 2026, Italy's FTSE Mib closed at a new record of 50,263 points, after an intraday high of 51,240 and futures reaching 51,275. Later that day at 5:25 p.m., Bitcoin fell below $61,500, near its lowest level in four months. The move highlighted a rotation toward Italian bank-led equities even as crypto faced pressure from ETF outflows and other macro headwinds.

Binance says tokenized stocks and ETFs are increasingly being traded via crypto platforms, with emerging markets accounting for 93% of current volumes. The exchange's research projects that by 2031, crypto exchanges could add US$2T in incremental capital and nearly 300M new users to global equity markets, with a bullish scenario of up to $5 trillion. The report also flags risks, including higher volatility in RWA perpetuals, unequal tokenized stock terms, and government crackdowns that could restrict capital flows.

Oracle Corporation (NYSE: ORCL) delivered a dual-edged sword for its fourth-quarter and fiscal year 2026 earnings report, highlighting the sheer financial friction required to achieve top-tier dominance in the cloud era. While the database and cloud pioneer blew past fourth-quarter revenue and earnings estimates, catapulting its multi-cloud AI database business to the fastest-growing segment in company history, the market reacted with swift anxiety over the staggering capital cost of this expansion.

Marvell Technology Inc. (NASDAQ: MRVL) found itself at the epicenter of market volatility this week, experiencing a swift $$5.35\$$ intraday pullback to close at $252.59 on June 10, 2026. This decline extended into after-hours trading, with shares sliding an additional 2.9% to $245.27.

Intel Corporation (NASDAQ: INTC) has officially graduated from one of Wall Street's most penalized legacy tech laggards into the premier engineering turnaround story of modern computing. After plumbing a brutal multi-year structural floor of $18.97 in August 2025, the semiconductor pioneer has orchestrated an astounding macro rally, surging over 400% over the past year and another 189.16% year-to-date.

Shares of artificial intelligence powerhouse NVIDIA Corporation (NASDAQ: NVDA) experienced sharp downside volatility during the June 10 session, closing down 3.73% at $200.42 and sliding further to $199.18 in after-hours trading. Despite a flurry of massive, institutional-grade commercial milestones, including an unprecedented multi-billion-dollar GPU hosting agreement between SpaceX and Alphabet, a convergence of semiconductor sector anxieties and macroeconomic pressures forced a near-term valuation re-rating.

Bitmine purchased $41 million worth of ETH on Wednesday, including a 25,000 ETH buy around 11:22 a.m. ET, as it continues expanding its corporate Ethereum treasury. Over the past three days, the firm has accumulated 125,000 ETH worth about $205 million at current prices, while it has not yet officially confirmed the latest purchases. The company has also reported large unrealized losses on its ether holdings as ETH remains sharply lower in 2026.

Several firms have recently moved parts of their operations from Singapore to Malaysia, citing lower overheads, tax incentives and room to expand. H&M said in May it will move its Southeast Asia HQ to Kuala Lumpur, affecting 78 roles, while Gardenia said on May 20 it will cut 141 jobs in Singapore as production shifts to Malaysia. Commentators said many businesses are relocating select functions rather than fully exiting Singapore, where higher-value roles often remain.