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Visa and Mastercard Win Preliminary Approval for $38 Billion Swipe Fee Settlement
Visa and Mastercard Win a significant legal victory after receiving preliminary approval for a proposed $38 billion swipe fee settlement. The agreement represents one of the largest antitrust settlements in U.S. history and could reshape the relationship between merchants, payment processors, and consumers. The settlement addresses long-standing disputes over interchange fees, commonly known as swipe…
FTSE 100 Dips 44.98 Points (-0.44%) to 10,182.35 as Oil Falls and Treasury Yields Rise
The FTSE 100 ended the trading session lower, falling 44.98 points, or 0.44%, to close at 10,182.35. The decline came as falling oil prices and rising U.S. Treasury yields created headwinds for investors across global financial markets. The UK’s benchmark index faced pressure from energy stocks and other interest rate-sensitive sectors. Investors remained cautious as…
Singapore Maid Agency Ordered to Pay S$1,558 for False Mandarin Claim, June 10
Singapore tribunal orders maid agency to pay S$1,558 compensation for falsely claiming domestic helper could speak Mandarin.
Global Stocks Slide as Tech Sell-Off Deepens; Brent Crude Climbs to $91.78 Amid U.S.-Iran Tensions
Global financial markets are under pressure again. We are seeing a broad Tech Sell-Off that is dragging major stock indices lower across the world. At the same time, oil prices are climbing fast. Brent crude has moved up to $91.78 per barrel, driven by rising geopolitical tensions between the U.S. and Iran. Investors are now…
Oracle Corp (NYSE: ORCL) Dips Ahead of Q4 Earnings: $553B AI Backlog Is the Number That Matters Most
The market is holding its breath. Oracle Corp (NYSE: ORCL) reports fiscal Q4 2026 results after the market closes on June 10, 2026, with a conference call and webcast scheduled for 5:00 PM ET. ORCL traded between a session low of $197.79 and a high of $220.50 on June 10, with the stock sitting at…
S&P 500 Falls 0.26% as Chip Rally Fizzles, June 10
S&P 500 drops 0.26% to 7,386.65 as chip stocks reverse gains. Nasdaq falls 0.97%. Oil prices fall 3-4% on Iran deal hopes. Meyka rates index C+.
NVIDIA Corp (NVDA -0.22% / -1.78% Pre-Market) Leads AI Chip Stocks Drop as AMD (-3.02%), Intel (-2.13%), and Micron (-1.41%) Decline
NVIDIA shares fell 1.78% in pre-market trading on June 10, 2026, leading a broader decline across AI chip stocks. AMD dropped 3.02%, while Intel and Micron also traded lower as investors reacted to renewed concerns over inflation, interest rates, and technology valuations. The selloff comes after a powerful AI-driven rally that pushed semiconductor stocks to…
ETH-USD Market Update: Ethereum Falls -0.98% (-$16.08) to $1,621.55 Amid $24B Open Interest Decline
The crypto market is once again under pressure, and today’s focus is on Ethereum. Ethereum has dropped 0.98% (-$16.08) to trade around $1,621.55. This move may look small at first glance. But the real story is deeper. A massive $24 billion decline in open interest across ETH derivatives is signaling weakening trader confidence. We are…
NASA Names Artemis III Crew for 2027 Earth Orbit Test Flight
NASA names Artemis III crew: Randy Bresnik, Luca Parmitano, Frank Rubio, and Andre Douglas for 2027 lunar lander docking test in Earth orbit.