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• The Supreme Court issued a series of final rulings for the term, including a decision allowing Federal Reserve Governor Lisa Cook to retain her position. • The Court rejected a Republican-led challenge to laws in over half of U.S. states and D.C. that permit mailed ballots to be counted after Election Day if they are postmarked on time. • This ruling is significant as it prevents election officials from having to overhaul ballot rules shortly before the 2026 midterm congressional elections.

• US stock futures for the Dow, Nasdaq, and S&P 500 are trending upward as the market prepares for the final trading sessions of June. • Tech stocks are leading the rebound, with specific gains noted for companies including Arm, Marvell, and Micron. • A ceasefire between the US and Iran has eased immediate fears of Middle East disruptions, though investors remain cautious about the long-term durability of the truce.

• Asian equities traded cautiously on Monday, with Japan's Nikkei slipping 1% and South Korea's Kospi falling nearly 2%, dragging the MSCI Asia-Pacific index down 0.4%. • Market instability is being driven by lingering uncertainty regarding a Middle East ceasefire and investor fears that the US Federal Reserve may implement further interest rate hikes. • The situation is further complicated by the US dollar hovering near a one-year high, though US and European futures showed slight gains of 0.4% and 0.2% respectively.

• U.S. stock futures are rising following a mixed week on Wall Street marked by a rotation of investments away from technology stocks. • Diplomatic talks between Washington and Tehran have been temporarily paused, according to a Pakistani source. • Representatives from the U.S., Iran, Pakistan, and Qatar remain stationed in Switzerland to restart discussions upon instruction.

• Broadcom (NASDAQ: AVGO) shares have experienced a significant sell-off following a poorly received earnings report and a general shift in market sentiment. • The decline is part of a broader market panic affecting several artificial intelligence stocks that had seen strong growth through early June. • Despite the current volatility, the stock is positioned as a strong buying opportunity due to its status as an AI powerhouse.

Hotels report increase in last-minute bookings, including from families attempting to escape hot homesFamilies, including parents with newborn babies, are booking air-conditioned rooms in hotels to escape the UK heatwave, with companies reporting a surge in demand.Data from the accommodation reservation website Booking.com shows that since 1 June, the share of searches using the “air-conditioning” filter has tripled across Great Britain coinciding with the latest heatwave in northern Europe. Continue reading...

• European Union regulators are moving to designate Amazon Web Services (AWS) and Microsoft Azure as "gatekeepers" under the Digital Markets Act (DMA). • This regulatory shift targets the dominance of these cloud units to prevent unfair competition and ensure a more open market for AI and cloud services. • The move comes amid significant pushback from the tech industry, which argues that the cloud market remains highly competitive.