📈 Stocks / Finance

Dow Futures Slide 0.9% Amid Trump Risk, Fed Holds Rates

Investor’s Business Daily

Dow, S&P 500, and Nasdaq futures fell ~1% as Trump weighs Iran strike. Fed held rates, reaffirmed two 2025 cuts despite hotter inflation. JPMorgan, Credo, and Astera Labs triggered buy signals. U.S. markets closed for Juneteenth.

Best Buy Lags Dow With 27.6% 12-Month Decline

Yahoo Finance

Best Buy shares are down 27.6% YoY vs. the Dow's 8.6% gain, despite Q1 EPS of $1.15 beating estimates. Guidance cut to $6.15–$6.30, tariff pressure on 30–35% of inventory, and investor concerns continue to weigh on the stock, now below its $79.10 target.

Meta Surges on AI Bet, $14.3B Scale AI Deal

Yahoo Finance

META stock is up 45% since April as Meta invests $14.3B in Scale AI and boosts 2025 capex to $72B. Q1 revenue hit $42.3B (+16% YoY) with EPS at $6.43 (+37%). Analysts remain bullish, with top price targets reaching $935 amid strong AI and ad momentum.

🪙 Crypto

Ethereum Bulls Float $80K Price Target

DL News

A new paper by Ethereum advocates claims ETH could reach $80,000, implying a $10T market cap—surpassing Apple and Microsoft. The authors call Ethereum 'digital oil' and argue it will power the digital economy, despite ETH lagging peers and currently trading at $2,528.

🌎 Global Economy

UN: Global Investment Slumps to Crisis-Era Levels

CNBC

Global FDI has turned negative in 2025, per UNCTAD, with M&A volumes at 2008 levels. Tariff uncertainty and tighter financial conditions drove record-low Q1 deal activity. SDG-aligned sectors saw sharp declines, including a 28% drop in energy and gas supply investment.

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