$SPCX - SPACEX SHARES EXTEND LOSSES; LAST DOWN 8.8% AT $168.50 *Walter Bloomberg (@DeItaone) / Twitter 06-22 23:19
$SPCX - SPACEX SHARES FALL 5.4% AFTER FALLING FOR THE LAST TWO SESSIONS *Walter Bloomberg (@DeItaone) / Twitter 06-22 22:32
Pinned: BofA SEES THREE FED HIKES, FLIPS OUTLOOK Bank of America now expects three Federal Reserve rate hikes this year, reversing its prior no-change forecast on strong data and a hawkish Fed under Chair Warsh. Kalshi markets price a 25% chance of a July hike, 76% hold, and 2% cut, signaling continued uncertainty over the Fed path. *Walter Bloomberg (@DeItaone) / Twitter 06-22 21:58
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.04% Stock Market News 06-22 21:45
GOLDMAN SACHS CUTS 12-MONTH US RECESSION RISK ESTIMATE TO 15% VS PRIOR FORECAST OF 25% *Walter Bloomberg (@DeItaone) / Twitter 06-22 21:38
Chevron, Microsoft strike 20-year deal to power massive AI data center Stock Market News 06-22 21:26
GOLDMAN CUTS US RECESSION RISK FORECAST Goldman Sachs lowered its 12-month U.S. recession probability to 15% from 25%, citing easing geopolitical risk after a peace agreement with Iran. The bank says lower energy prices and an improving labor market support the downgrade. The new estimate is also below its pre-war 20% recession view. *Walter Bloomberg (@DeItaone) / Twitter 06-22 20:36
BANK OF AMERICA SEES THREE FED HIKES Bank of America expects the Federal Reserve to raise interest rates three times this year, shifting from its prior view of no changes. The bank cites stronger economic data and a more hawkish Fed tone focused on inflation under new chair Kevin Warsh. Markets are pricing higher yields, though most investors still expect fewer hikes. *Walter Bloomberg (@DeItaone) / Twitter 06-22 20:17
Australia’s WiseTech slumps on report of police probe into founder White Stock Market News 06-22 14:50
WiseTech shares tumble on news reports police are investigating founder White Stock Market News 06-22 14:24
Lime plans to name Uber as anchor investor in IPO, The Information reports Stock Market News 06-22 09:00
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.40% Stock Market News 06-21 21:45
IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS ADHERED TO OUR COMMITMENTS, AND THE U.S. IS OBLIGATED TO FORCE ISRAEL TO STOP ATTACKING LEBANON *Walter Bloomberg (@DeItaone) / Twitter 06-20 22:31