📅 Economic Releases
| Time (ET) | Event | Impact |
|---|---|---|
| 2:00 PM | Federal Funds Rate | High |
| 2:00 PM | FOMC Economic Projections | High |
| 2:00 PM | FOMC Statement | High |
| 2:30 PM | FOMC Press Conference | High |
📊 Earnings Today
📈 Premarket Gainers & Losers
🎯 Gamma Flip Point — $SPX (S&P 500 Index)
$SPX gamma flip point is 7495.82 |
🔥 Hot Market News
| US Set to Offer Iran Broad Financial Gains in Peace Deal Iran will receive financial benefits, including the ability to sell oil and access a $300 billion development fund, in exchange for ending its blockade of the Strait of Hormuz and committing not to pursue nuclear weapons. The agreement, which also involves lifting a US naval blockade and facilitating navigation in the strait, is set to be signed on June 19 in Switzerland.
|
| China stock gauge sinks as traders favor AI winners elsewhere Chinese shares listed in Hong Kong have fallen nearly 9% this year, suffering from weak consumer demand and minimal AI exposure, as investors shift focus to semiconductor-heavy markets. Despite cheaper valuations, regulatory concerns and a fragile economic recovery continue to pressure these stocks, with some experts noting a valuation-driven rebound potential.
|
| OpenAI's $5.7 Billion Revenue in Q1 2026 Overshadowed by $3.7 Billion Cash Burn OpenAI reported a cash burn of $3.7 billion in the first quarter of 2026, amounting to 65% of their $5.7 billion revenue, highlighting the high costs of scaling their AI platform. Despite record funding of $122 billion and rising gross margins, the company continues to heavily invest in infrastructure and development to support expanding operations and future growth, as it considers a potential IPO.
|
| Read the 14-Point Draft Memorandum Between the US and Iran The US and Iran are set to sign a memorandum of understanding on June 19 in Switzerland, initiating 60 days of negotiations to end the war between them and establish new limitations on Iran's nuclear program. The agreement involves an end to hostilities, lifting economic sanctions, and ensuring Iran does not produce nuclear weapons, with a comprehensive rehabilitation plan for Iran backed by $300 billion.
|
| Amazon backs AI startup developing models to simulate the physical world Amazon is heavily investing in Physical AI by funding Archetype AI, whose Newton model can process real-world data in real time, and partnering with NVIDIA to support related startups. This strategy aims to enhance industrial processes by simulating and optimizing physical operations.
|
| Markets The new oil? Inside the effort to turn AI computing power into a tradeable commodity Silicon Data has teamed up with CME Group to introduce the first futures contracts linked to the compute power required for AI, allowing companies to hedge against cost fluctuations in training and running AI models. Regulatory approval is pending, and interest from investors is growing, with firms like ProShares and Rex Shares proposing ETFs tied to these contracts.
|
| ||||||||||||
| ||||||||||||
| ||||||||||||
| ||||||||||||
| ||||||||||||
| ||||||||||||
| ||||||||||||
| |||||||||
| ||||||||||||
| |||||||||
| ||||||||||||
| |||||||||
| ||||||||||||
| |||||||||
| ||||||||||||
💱 Forex & Commodities
| Oil Falls to Three-Month Low on US-Iran Deal to Reopen Hormuz Oil prices dropped as expectations rose for a US-Iran accord to reopen the strategic Strait of Hormuz, which could increase the global oil supply. The interim deal, set to be signed on Friday, includes financial incentives for Tehran and aims to relax current tensions, potentially easing global crude market constraints.
|
| Investors Pile Into Bullish $ Bets As ‘US Exceptionalism’ Trade Returns After a weak start to the year, the US dollar has regained strength as investors pivot back to dollar-denominated assets, driven by advancements in AI technology and comparative growth metrics favoring the US economy. Speculators have shifted from bearish to bullish positions, although the dollar's rise poses challenges for risk assets like cryptocurrencies.
|
| Asian Currencies Consolidate Before Decision by Warsh-led FOMC Asian currencies remained stable as investors await the upcoming decision from the Federal Open Market Committee led by Kevin Warsh, which may influence global market dynamics.
|
| ||||||||||||
| ||||||||||||
| ||||||||||||
| ||||||||||||
| ||||||||||||
| ||||||||||||
| ||||||||||||
🪙 Crypto News
| Kalshi expands perpetual futures business after $6B trading volume Kalshi has achieved $5.5 billion in trading volume in just two weeks with its newly launched perpetual futures contracts, marking the first CFTC-regulated offering of its kind in the US. The exchange plans to expand beyond its initial Bitcoin product to include more cryptocurrencies, while maintaining regulation that involves position limits and margin requirements.
|
| Y Combinator reveals a new AI agent that can build and run an entire business just from a text message Locus Founder, launched by Y Combinator, is an AI agent that automates the creation and management of internet businesses through text message instructions. It handles everything from market research and website development to marketing and decentralized payment processing using USDC through the company's Pay With Locus infrastructure.
|
| Coinbase is launching AI tools that give investment advice and make trades on your behalf Coinbase Global is launching two AI-powered tools that offer SEC-registered investment advice, enabling strategies such as tax-loss harvesting and multi-asset event trading. The platform also supports AI agents for executing customized trading strategies, marking a move to provide sophisticated financial tools to everyday investors, while competing with other platforms like eToro and Robinhood.
|
| |||||||||
🛠️ Free Market Tools
|
| ||
|
| ||
|
|