📈 Stocks / Finance

S&P 500 Rebounds as Tariff Volatility Eases

Reuters

The S&P 500 is up 1.5% YTD, nearing its February peak after a 20% rebound from April lows. Despite tariff risks, volatility has dropped, with the VIX near median levels. Elevated valuations and trade policy swings still pose risks to market momentum.

Tesla drops 9% as Trump-Musk fallout deepens

Reuters

Tesla shares fell 9% Thursday amid rising tensions between Trump and Elon Musk over an EV subsidy cut. The spat, tied to criticism of a House budget bill, spooked investors. Tesla is down 12% since May 27 as political ties continue to cloud sentiment.

Broadcom nears record high ahead of earnings

Investopedia

Broadcom shares rose nearly 30% in a month and are pacing for a new record high, trading near $263 ahead of Q2 earnings. Options imply a 6.4% move post-report. The rally follows Nvidia's surge and the launch of Broadcom’s Tomahawk 6 switches with double bandwidth.

🪙 Crypto

ETH/BTC Spread Signals Potential Altcoin Breakout

Market Pulse

Ethereum is consolidating between $2,300–$2,600 after a Q2 rebound from April lows of $1,363. Analysts highlight ETH/BTC's historical link to altcoin cycles. A breakout in the pair could reignite broader crypto gains if BTC holds above $100K.

🌎 Global Economy

IEA: Global Energy Investment to Hit $3.3T in 2025

Arab News

Global energy investment will reach a record $3.3T in 2025, per IEA. Clean energy will draw $2.2T, led by $450B in solar. Electricity investment will exceed fossil fuels by 50%. Grid underinvestment and uneven regional spending remain key challenges.

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