Losses

• Asian stock markets tumbled, with the KOSPI extending losses and the Shanghai Shenzhen CSI 300 and Shanghai Composite falling 0.6% and 0.5% respectively. • AI-related shares dragged down regional markets, though Hong Kong's Hang Seng rose 0.1% as Alibaba surged over 5% following the launch of a new flagship AI model. • Energy producers faced pressure from falling crude prices after President Donald Trump announced that negotiations regarding the Strait of Hormuz would begin on Monday.

• Former OpenAI researcher Leopold Aschenbrenner has been forced to unwind all public stock positions held by his hedge fund. • The liquidation follows significant losses driven by a decline in AI-related stocks and a failed bet against software stocks. • These financial setbacks left the fund scrambling to raise cash to cover its obligations.

• Hut 8 stock fell 6.64% to $94.42 as selling pressure intensified ahead of the company's scheduled Q2 2026 earnings release. • Analysts warn of ongoing technical weakness and heightened downside risk, identifying critical price levels at $102.56 for resistance and $77.74 for support. • The stock's performance is being influenced by recent institutional activity and developments regarding the Beacon Point AI data center.

• Asian stock markets mostly gained as South Korea and Japan recovered from recent losses triggered by a sell-off in artificial intelligence-linked stocks. • Taiwan’s Taiex index rose 3.6%, bolstered by a 2.8% increase in shares of advanced AI chipmaker TSMC. • Hong Kong’s Hang Seng index saw a marginal increase of less than 0.1%, closing at 25,150.75.

• Wall Street is positioned for gains ahead of the opening bell, driven by a recovery in AI-focused chip and memory companies following losses last week. • International markets showed strong momentum, with Taiwan’s Taiex rising 4.2% and AI chip giant TSMC advancing 3.9%, while Hong Kong’s Hang Seng remained nearly flat at 25,132.29. • Simultaneously, oil prices have increased due to escalating tensions and exchanged attacks between the U.S. and Iran.

• Major stock indexes rebounded on Tuesday, ending a three-session losing streak driven primarily by strong performance in chip stocks. • WTI oil prices rose significantly during the session, reaching their highest trading levels in more than five weeks. • The market shift indicates a recovery in investor confidence following a period of volatility and consecutive declines.

• Wall Street experienced a quiet day of trading as major indices drifted, showing little overall movement. • Artificial intelligence stocks began to stabilize, trimming some of the sharp losses they suffered during the previous week. • This shift suggests a period of consolidation for AI-driven equities after a volatile stretch of investor sell-offs.

• Global stock markets and U.S. futures mostly advanced as investors recovered from recent heavy sell-offs in artificial intelligence-linked stocks. • Asian markets showed strong rebounds, with Taiwan’s Taiex rising 4.2% and the AI chip giant TSMC increasing by 3.9%. • While South Korea and Japan saw gains, Hong Kong’s Hang Seng index remained relatively flat, edging down slightly to 25,132.29.

• Wall Street showed signs of stability on Monday, with the S&P 500 rising 0.4% as AI stocks began to recover from significant losses incurred the previous week. • This rebound follows a period of volatility, marking the index's first losing week in three and only its third decline since late March. • Market stability is being challenged by rising Treasury yields, driven by investor concerns over high inflation and expensive oil prices.

• Asian stock markets declined due to a combination of technology sector losses and rising tensions involving Iran. • Major indices saw significant drops, including China's Shanghai Composite falling 1.6%, the CSI 300 dipping 2.5%, and Hong Kong's Hang Seng sliding 2%. • Japan's Nikkei led the losses, while South Korean markets remained closed for a public holiday following a severe semiconductor share selloff.

• South Korean regulators have frozen the issuance of new single-stock leveraged tech ETFs following extreme volatility in the KOSPI index. • The crackdown includes tripling retail margin requirements to curb speculative AI-driven bets that have decoupled from the stable earnings of giants like Samsung and SK Hynix. • This move matters as it aims to protect retail investors from the "Roller KOSPI" effect, where high-leverage trading amplified market swings during the AI chip rally.

• Asian stock markets extended their losses, with Singapore's Straits Times Index dropping 1% and Australia's S&P/ASX 200 slipping 0.5%. • The decline is driven by a surge in oil prices, which has intensified investor concerns regarding global inflation. • Market participants are now awaiting the release of U.S. consumer price index (CPI) data on Tuesday to gauge the Federal Reserve's future interest rate policy.

• The benchmark Sensex and Nifty indices erased early losses to end flat on Friday, eventually rallying by more than 1%. • Gains were driven by heavyweight stocks including Reliance Industries, ICICI Bank, and HDFC Bank, alongside a surge in IT shares. • The IT sector's growth was sparked by TCS reporting better-than-expected June-quarter earnings and signaling a recovery in demand.

• The Democratic Action Party (DAP) in Johor has announced it will conduct a comprehensive review of its losses following the 16th state election. • The party's internal assessment will specifically focus on defeats in key constituencies, including Jementah and Tangkak. • This review is critical for the party to understand the factors leading to its electoral setbacks and to refine its future political strategies.

Group blames expected £30m loss in first half of year on weakening market and lower consumer confidenceVistry Group, one of Britain’s biggest housebuilders, has warned it will make a loss in the first half of the year, after it resorted to heavy discounting to attract buyers for unsold homes .Vistry shares fell by 8% after the firm also announced its finance director was leaving. Continue reading...

• European shares declined on Wednesday, driven by renewed tensions in the Middle East and rising oil prices that dampened investor sentiment. • The losses were most significant within the airline, banking, and automotive sectors, while technology stocks showed mixed results due to concerns over the AI-driven rally. • Despite the general downturn, select technology companies and the Swedish broadband provider Bahnhof managed to outperform the broader market.

• South Korea’s Kospi index led losses across Asia-Pacific markets, driven primarily by a decline in tech giants Samsung and SK Hynix. • Market volatility was mirrored in China, where the Shanghai SSEC fell 0.59% to 4,017.30 and the Shenzhen SZI dipped 0.28% to 15,373.48, though Hong Kong’s HSI rose 0.39% to 23,708.19. • The downturn reflects growing investor uncertainty regarding the sustainability of AI momentum and the impact of current geopolitical tensions.

• A long-running study reveals that the most enthusiastic stock market booms often lead to the most severe wealth destruction over the last century. • Historical examples include the dot-com bubble's telecommunications giants like WorldCom and Lucent Technologies, as well as the 2007 financial crisis. • The research highlights a pattern where extreme investor optimism precedes crashes, such as the 2008 near-collapse of Wachovia before its acquisition by Wells Fargo.

• The Supreme Court issued several rulings that resulted in legal losses for President Trump by determining his actions conflicted with federal law. • Despite these specific setbacks, a series of other decisions by the court's conservative majority significantly expanded the scope of presidential power. • This legal shift is critical as it alters the balance of authority between the executive branch and federal statutory constraints.

• Asian markets traded lower on Thursday, with South Korea's Kospi and Japan's Nikkei 225 both experiencing declines. • The downturn was primarily driven by a deepening global selloff in technology and chip stocks following a weak trading session on Wall Street. • Investor sentiment was further impacted by softer oil prices, which indicated a reduction in global supply concerns.

• The Supreme Court has issued several rulings that broaden presidential power, despite some setbacks regarding tariffs and birthright citizenship. • The court upheld the ability of immigration agents to turn asylum seekers away before they reach U.S. soil, effectively bypassing laws that allow individuals to apply for safety. • In a separate decision, the court sided with Vice President JD Vance and other Republicans to remove restrictions on electoral spending, permitting unlimited donations from wealthy donors to political parties.

• The U.S. Supreme Court concluded its nine-month term on July 1 by issuing rulings on three major cases, including a significant loss for Donald Trump regarding birthright citizenship. • The Court rejected Trump's attempt to narrow the definition of who is considered a U.S. citizen upon being born in the United States. • Conversely, the Court previously granted Trump a level of power that dissenting justices argued exceeded that of historical English monarchs.

• Global stock markets showed mixed results, with U.S. futures advancing following a period of relative stability on Wall Street last week. • Tech stocks in Japan and South Korea continued to see losses as investors grew concerned over the valuations of artificial intelligence (AI) assets. • In contrast, Taiwan's Taiex rose 1% and Hong Kong's Hang Seng climbed 1.6% to 23,026.68, while the Shanghai Composite added 1.2% to 4,073.90.

• Stock futures indicated a higher opening on Monday as technology stocks sought to rebound following a week of losses for the S&P 500 and Nasdaq. • Oil prices saw a modest increase due to geopolitical instability following a weekend of military exchanges between the U.S. and Iran. • Comcast shares surged after the company announced a strategic plan to split its business operations.

• Germany's DAX 40 closed as the worst-performing major European index on Friday, June 26, 2026, dropping 1.25% to settle at approximately 24,671 points. • The decline was driven by a broader technology sector rout and a significant "overhang" affecting Rheinmetall, highlighting how political and budgetary shifts can disrupt defense procurement investments. • Despite the index loss, the ZEW Indicator of Economic Sentiment rose sharply in June 2026, marking its first positive reading since the start of the Middle East conflict.

• The NSE Nifty 50 and BSE Sensex rallied on Wednesday, with the Nifty closing at 24,021.65 (up 0.83%) and the Sensex ending at 76,991.22 (up 1.04%). • This surge allowed the benchmarks to recoup most of the losses from Tuesday, when both indices had fallen by 1.16%. • The recovery was driven by Brent crude prices dropping below pre-US-Iran war levels, which significantly eased investor concerns regarding oil-linked economic risks.

British Chamber of Commerce boss Shevaun Haviland says transition to clean energy could be handled betterAndy Burnham should be ready to exploit the UK’s remaining North Sea oil and gas resources to avoid mass job losses in Scotland and the north-east, the director of the British Chambers of Commerce (BCC), Shevaun Haviland, has said.The decision about whether to allow extraction at the Jackdaw and Rosebank fields now appears likely to fall to a Burnham administration. Continue reading...

• US stock futures are sliding as the technology sector prepares for further losses, signaling a cooling period for the recent artificial intelligence rally. • Market volatility is being offset slightly by a sharp decline in oil prices, which have dropped toward pre-war levels. • This shift reflects a broader correction in tech valuations after a period of rapid growth driven by AI optimism.