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Bitcoin Drops to $64.5K Amid Strategy Selling Fears Before Fed Meeting

BTC/USD hits a weekly low as concerns grow over potential corporate sales and Fed policy uncertainty ahead of today’s rate decision. Bitcoin fell to $64,500, its lowest level this week, as traders braced for the Federal Reserve’s interest-rate decision later today. The dec

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

Benchmark Raises Coinbase Price Target to $270 on Expansion Plans

Analysts see 60% upside for COIN after the exchange unveiled tokenized equities and multi-asset trading products. Benchmark-StoneX reiterated a $270 price target for Coinbase (COIN), representing a 60% increase from its current $169 level. The revised target follows the ex

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

Benchmark Raises COIN Target to $270 on Tokenized Stocks, Options Push

Analyst Mark Palmer reiterates a $270 price target for Coinbase after the exchange unveils tokenized equities and multi-asset options trading. Benchmark-StoneX raised its Coinbase (COIN) price target to $270, a nearly 60% increase from Tuesday’s $169 close, citing the exch

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

Broadcom Rallies 5.3% as Microsoft Drops 1.57% in Tech Sector Split

Broadcom leads semiconductor gains while Microsoft declines amid regulatory and competitive pressures in US markets. Broadcom surged 5.31% today, driving gains in the semiconductor sector alongside AMD and Intel, which rose 2.56% and 3.67%, respectively. The rally reflects

  • mohammad501ps@gmail.com
  • June 17, 2026
  • oil

US Crude Stockpiles Drop 8.3 Million Barrels in Weekly Draw

EIA data shows commercial crude inventories fell to 418.2 million barrels, 6% below the five-year average for mid-June. US commercial crude oil inventories declined by 8.3 million barrels in the week ending June 12, extending a downward trend. The drawdown reduced stockpil

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

Yum Brands Sells Pizza Hut Units for $2.7bn in Dual Deals

Proceeds of $2.3bn after taxes and fees will follow the sale of Pizza Hut’s global and China operations to separate buyers. Yum Brands has agreed to sell its Pizza Hut business in two separate transactions totaling $2.7bn. LongRange Capital will acquire Pizza Hut outside M

  • mohammad501ps@gmail.com
  • June 17, 2026
  • crypto

Mexican Billionaire Holds 70% of Portfolio in Bitcoin, Eyes $1M Target

Ricardo Salinas Pliego reveals heavy Bitcoin allocation, citing fiat currency devaluation and long-term outperformance over real estate. Mexican billionaire Ricardo Salinas Pliego disclosed that approximately 70% of his investment portfolio is in Bitcoin, citing concerns o

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

NuScale Power Secures NRC Certification for Small Modular Reactors

NuScale Power becomes the first SMR developer to receive NRC design certification, positioning it ahead of competitors in the emerging nuclear energy sector. NuScale Power (NYSE: SMR) has achieved a regulatory milestone by securing design certification from the Nuclear Reg

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

CarMax Stock Slides on Margin Pressures Despite Earnings Beat

Investors overlook $1.31 EPS and $8.01 billion revenue as gross profit per vehicle drops $230 year over year. CarMax Inc (KMX) shares fell over 6% as margin compression and credit risks outweighed stronger-than-expected earnings. The company reported adjusted EPS of $1.31,

  • mohammad501ps@gmail.com
  • June 17, 2026
  • stocks

Applied Materials Shares Surge 45% in One Month on AI Demand, CHIPS Act Tailwinds

AMAT stock hits $568.23, driven by AI semiconductor growth and federal stimulus, with a $493.22 billion market cap. Applied Materials (NASDAQ:AMAT) closed at $568.23 on June 16, 2026, marking a 45.10% one-month gain and a 258.08% rise over the past year. The company’s mark

  • mohammad501ps@gmail.com
  • June 17, 2026
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