Global TradFi & Macroeconomics

According to Odaily, Backpack (BP) surged 47.2% in 24 hours yesterday (June 2), breaking through $0.21 USDT. The rally followed Backpack's announcement of a new platform, Backpack Securities, enabling investors to purchase, hold, and sell regulated U.S. equity shares with real-time market

According to IBM News on X, IBM announced a $10 billion five-year investment in quantum computing, covering research and development, capital expenditure, manufacturing scale-up, ecosystem partnerships, and acquisitions. The investment aims to accelerate IBM's quantum roadmap and strengthen its

According to The Kobeissi Letter, speculative long positions in US dollar have surged to $16.5 billion as of early June 2026, marking the highest level since February 2025. These positions, accumulated by hedge funds and asset managers betting on price trends and macro views, have grown threefold

Palo Alto Networks (PANW) released its Q3 FY2026 financial results for the period ended April 30 on June 2. Quarterly revenue reached $3 billion, beating analysts’ expectations of $2.94 billion; adjusted earnings per share (EPS) were $0.85. CEO Nikesh Arora said on the earnings call that advances at the AI frontier have increased the urgency of network security. Q3 FY2026 Financial Figures: Confirmed Revenue, EPS, and Full-Year Guidance Based on the confirmed figures in Palo Alto Networks’ offic

Cisco Systems (CSCO) shares rose 5.1% on June 2, closing at $127.54, outperforming the QQQ and SPY on the same day. At Cisco Live, Cisco unveiled the Cloud Control platform, and its Q3 earnings confirmed AI infrastructure orders of $5.3 billion, raising its full-year FY2026 AI order outlook to $9.0 billion. Cisco Cloud Control: Enters U.S. Controlled Availability Testing on Tuesday Cisco officially launched the Cisco Cloud Control platform at Cisco Live (Las Vegas). Starting Tuesday, it will ent

According to AASTOCKS, Delin Holdings (01709.HK) invested $5 million in ONE Carmel Estate Residence Lot A LP to finance residential development in Carmel Valley, California. The project, spanning 891 acres, plans to construct 66 custom homes in a gated community with ocean and mountain views. Delin

According to BlockBeats, on June 3, Stifel analyst Tore Svanberg raised the price target for Marvell Technology (MRVL) to $321 from $230, maintaining a Buy rating. The adjustment reflects increased market recognition of Marvell's positioning in data center and AI

According to Guru Club, the Indonesian rupiah fell to a record low against the US dollar during early trading on June 3, reaching 17,895 per dollar.

According to BlockBeats, Singapore's benchmark stock index reached an intraday high of 5150.69 points, up 1.1%, on June 3.

Vietnam's exports rose 18% year-over-year in May, falling short of the forecasted 19.7% growth and down from the prior month's 21% increase.

Vietnam's trade balance deficit for May reached $52.1 billion, wider than the forecasted deficit of $39.81 billion and the previous month's deficit of $32.8 billion.

NVIDIA CEO Jensen Huang took the stage at Computex in Taipei on June 2, appearing alongside Marvell Technology CEO Matthew Murphy. He publicly called Marvell (MRVL) the “next trillion-dollar company.” On the day, MRVL’s share price rose 32.52% to $290.79. Huang Jensen’s Computex remarks: Connectivity is the core of decentralized AI computing After taking the stage, Huang said: “Ladies and gentlemen, the next trillion-dollar company is here,” clearly pointing to Marvell. He added: “When you break

According to Jin10, China's services PMI rose to 54.4 in May from 52.6 in April, marking the fastest expansion pace in three months. The index has remained in expansion territory for 41 consecutive months. New export business returned to growth after two months of contraction, while employment

The Grayscale Hyperliquid Staking ETF (HYPG) will begin trading on June 4. The total management fee is 0.29%, making it the lowest-fee product among the currently listed HYPE ETFs in the United States. It is lower than Bitwise’s BHYP at 0.34% (after the first month free) and 21Shares’ THYP at 0.30%. HYPG is the third Hyperliquid ETF. HYPG Fee Comparison and Overview of Peer ETFs: Full View of Fees for Three Products Based on verified public information, the fee rates for three Hyperliquid ETFs l

Crypto-backed political action committees increased ad spending in California ahead of Tuesday's primary elections on June 3, while maintaining millions of dollars in financial commitments to Maryland races later this month, according to reports published June 2.

Capital B is seeking shareholder approval for up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy, according to an announcement made on June 2. The company aims to leverage the expanded funding mandate to increase its Bitcoin

From 01:30 to 01:45 (UTC) on June 3, 2026, BTC saw a sharp drop of 0.76% within 15 minutes. The price fell from 67,046.8 USDT to 66,469.0 USDT, with a trading range of 0.86%. Market volatility was significantly amplified during the thin-liquidity period when the Asian and European/North American trading sessions transitioned. This sell-off continued the weak pattern seen since early June, and short-term technicals have already shown breakout breakdown signals. The main driver behind this anomaly

According to BlockBeats, Nvidia CEO Jensen Huang said on June 2 at Computex that chip maker Marvell "will become the next trillion-dollar company." The stock surged 32% during Tuesday regular trading, then gained another 9.62% after hours, reaching approximately $318.76 from $219.43, for a

According to an SEC 8-K filing, Strive purchased 2,500 Bitcoin between May 23 and June 1 for approximately $185.2 million, at an average price of $74,092 per BTC. The acquisition was funded primarily through the company's SATA preferred stock. Strive's total Bitcoin holdings have increased to 19,00

On June 3, Senator Bernie Sanders, Elizabeth Warren, and Representative Bobby Scott sent a letter to U.S. Acting Labor Secretary Keith Sunderlin, calling for the rescission of a proposal that would allow private equity, digital assets, private credit, and other “alternative assets” to be included in 401(k) retirement plans. The letter states that the volatility of digital assets and a “lack of regulation and safeguards” could endanger Americans’ retirement savings. Background of the Department o