📈 Stocks / Finance

Meta Stock Rallies on AI Momentum, Tariff Relief

Investor’s Business Daily

Meta rose 8% in June after an 18% May gain, rebounding from a 30% drop. AI investments, Q1 earnings of $6.43/share on $42.3B sales, and eased tariff fears fueled the rally. Shares broke past a 662.67 buy point; analysts remain bullish despite a 400%+ run since 2023.

Intel Surges 8% Despite End of Mac Support

Tip Ranks

Intel shares rose 7.95% after trade optimism with China and new DoD cybersecurity initiatives offset news that future macOS versions will drop Intel chip support. Despite a 'Hold' consensus from analysts, investors reacted bullishly to broader chip sector tailwinds.

Insmed Surges on Breakthrough PAH Drug Results

Investor’s Business Daily

Insmed shares jumped 28.7% after midstage trial results for its inhaled PAH drug showed a 35% improvement in pulmonary resistance, beating expectations. The once-daily treatment outperformed United's Tyvaso, sending United down 14.3% and Liquidia down 16.9%.

🪙 Crypto

Bitcoin surges past $110K as public firms boost holdings

Coin Telegraph

Bitcoin rose 4% to $110,150, lifting crypto-linked stocks. Circle (CRCL) jumped 7%, Core Scientific (CORZ) gained 4.27%, and MicroStrategy (MSTR) rose 4.71%. BitMine bought 100 BTC but fell 8.7%. KULR added $13M in BTC, now holding 920 coins at $98,760 average.

🌎 Global Economy

World Bank warns 2020s may mark weakest global growth since 1960s

The Guardian

The World Bank cut 2025 global GDP growth to 2.3%, citing Trump's tariffs and trade uncertainty. It projects just 2.4% in 2026, warning the 2020s may see the slowest growth in six decades. 'Risks to the global outlook remain tilted decidedly to the downside.'

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