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Prediction Market Tax Lawsuit: Kalshi, Polymarket, Crypto.com Sue Kentucky Over 14.25% Levy
Finance

Prediction Market Tax Lawsuit: Kalshi, Polymarket, Crypto.com Sue Kentucky Over 14.25% Levy

A coalition of Kalshi, Polymarket, and Crypto.com has filed a federal lawsuit challenging Kentucky's 14.25% excise tax on prediction market fees, calling it discriminatory and unconstitutional. The fi...

CME Launches Nasdaq Crypto Index Futures: Bitcoin, Ethereum, XRP and Solana Enter Regulated Trading
Finance

CME Launches Nasdaq Crypto Index Futures: Bitcoin, Ethereum, XRP and Solana Enter Regulated Trading

CME Group has officially launched Nasdaq CME Crypto Index futures on June 9, 2026. The cash-settled contract tracks Bitcoin, Ethereum, XRP, Solana, Cardano, Chainlink and Stellar in a single trade, gi...

Wall Street's Crypto Embrace: Tokenized Deposits, Bitcoin ETFs, and the Institutional Era
Finance

Wall Street's Crypto Embrace: Tokenized Deposits, Bitcoin ETFs, and the Institutional Era

Wall Street is aggressively embracing crypto in 2026, with JPMorgan, Bank of America and Citigroup planning a shared tokenized deposit network, Morgan Stanley launching its own Bitcoin ETF, and 20 of ...

Income Tax New Regime vs Old Regime FY 2026-27: Which Saves More Tax?
Finance

Income Tax New Regime vs Old Regime FY 2026-27: Which Saves More Tax?

The income tax new regime vs old regime FY 2026-27 comparison shows that under the new regime, income up to Rs 12 lakh is effectively zero tax after Section 87A rebate of Rs 60,000 and standard deduct...

Bitcoin Crashes Below $62,000: $1.5 Billion Liquidated in June 4 Selloff as Strategy Sells, Mt. Gox Moves, and ETF Outflows Hit Record
Finance

Bitcoin Crashes Below $62,000: $1.5 Billion Liquidated in June 4 Selloff as Strategy Sells, Mt. Gox Moves, and ETF Outflows Hit Record

The Bitcoin crash June 2026 has deepened sharply, with BTC plunging to $61,556 on June 4 — a 17% drop in just four days from $74,000. Over $1.5 billion in leveraged crypto positions were liquidated in...

Salesforce Stock Drops 4% on BofA's $160 Downgrade: The $25B Buyback vs Wall Street's $263 Bet on Agentforce
Finance

Salesforce Stock Drops 4% on BofA's $160 Downgrade: The $25B Buyback vs Wall Street's $263 Bet on Agentforce

The Salesforce stock drop on June 2, 2026 was triggered when Bank of America analyst Tal Liani reinstated the stock at Underperform with a $160 price target, a 10% downside from the $178.50 close, cit...

Tesla Robotaxi 2026: The Austin Countdown to Cybercab and the $25B Autonomy Bet
Finance

Tesla Robotaxi 2026: The Austin Countdown to Cybercab and the $25B Autonomy Bet

The Tesla Robotaxi service has been live in Austin since June 22, 2025, with the Model Y fleet quietly expanding to 12 fully driverless cars by April 2026. As Cybercab production starts at Giga Texas ...

Marvell Stock Surges 25% on Jensen Huang's 'Next Trillion-Dollar Company' Call: Nvidia's $2B Vote, the Teralynx T100, and the Custom Silicon War With Broadcom
Finance

Marvell Stock Surges 25% on Jensen Huang's 'Next Trillion-Dollar Company' Call: Nvidia's $2B Vote, the Teralynx T100, and the Custom Silicon War With Broadcom

Marvell Technology (MRVL) jumped as much as 29% to a fresh all-time high on June 2, 2026 after Nvidia CEO Jensen Huang called the chip designer the next trillion-dollar company on stage at Computex in...

Alphabet's $80B Stock Sale: Buffett's $10B Bet and the AI Capex Arms Race Reshaping Big Tech
Finance

Alphabet's $80B Stock Sale: Buffett's $10B Bet and the AI Capex Arms Race Reshaping Big Tech

Alphabet announced an $80 billion equity raise on June 1, 2026 — $10B from Berkshire Hathaway, $30B in public offerings, and $40B in an at-the-market program — its first stock issuance in roughly 20 y...

S&P 500 at 7,599 With Just 4% of Stocks at Highs: Burry's $1.1B AI Short, BofA's 7,100 Air Pocket, and the Most Concentrated Rally in 27 Years
Finance

S&P 500 at 7,599 With Just 4% of Stocks at Highs: Burry's $1.1B AI Short, BofA's 7,100 Air Pocket, and the Most Concentrated Rally in 27 Years

The S 500 hit 7,599.96 on June 1, 2026, but just 4% of stocks made new highs — narrowest breadth rally in 27 years. Michael Burry's $1.1B AI put book is 80% of his fund; BofA targets 7,100; Mag 7 at 3...

Bitcoin Crashes Below $70,000: $766M Liquidated as Mt. Gox Moves $739M and Strategy Sells BTC
Finance

Bitcoin Crashes Below $70,000: $766M Liquidated as Mt. Gox Moves $739M and Strategy Sells BTC

Bitcoin fell below $70,000 on June 2, 2026, as $766M in leveraged positions were liquidated. Mt. Gox moved 10,422 BTC worth $739M, Strategy sold Bitcoin for the first time since 2022, and spot Bitcoin...

HPE Q2 FY2026 Earnings: 40% Revenue Growth, $5B AI Backlog, and the 30% Stock Surge That Stunned Wall Street
Finance

HPE Q2 FY2026 Earnings: 40% Revenue Growth, $5B AI Backlog, and the 30% Stock Surge That Stunned Wall Street

Hewlett Packard Enterprise (HPE) delivered its biggest earnings beat since 2018, sending shares up roughly 30% in after-hours trading on June 1, 2026. The Q2 FY2026 print featured 40% year-over-year r...