N Rotteveel/iStock Editorial via Getty Images The cryptocurrency market has erased more than $2T in value since reaching a record high in October 2025 and is now down 48% from that peak, according to data highlighted by The Kobeissi Letter. The decline follows a turbulent period for digital assets, with Bitcoin ( BTC-USD ) coming under pressure amid heavy liquidations, risk-off sentiment, and concerns surrounding selling activity by large holders. One catalyst cited by market participants was MicroStrategy's ( MSTR ) sale of 32 Bitcoin, which some viewed as reinforcing a bearish narrative around institutional demand. However, one market note argued that the sale may not tell the full story. The author pointed out that when MicroStrategy sold 704 Bitcoin in December 2022 for tax-related reasons, the company purchased 810 Bitcoin just two days later. The note suggested MicroStrategy could once again emerge as a buyer, arguing that any purchases following the recent sale could be interpreted as "a tentative sign the low has been printed." Despite the sharp decline in prices, spot Bitcoin ETF holdings have remained relatively stable. Holdings rose from about 682,000 Bitcoin after February before easing back to roughly 674,000 Bitcoin, leading the author to conclude that ETF positions appear "more structurally strong than I had feared in February." The note also highlighted ~$1.5B in Bitcoin futures liquidations this week, a scale similar to major liquidation events earlier this year. While additional selling remains possible, particularly if Bitcoin falls below key levels, the author argued that "the degree of longs to liquidate is less now" given Bitcoin's underperformance relative to equities. While acknowledging there are "a lot of ifs" surrounding the outlook, the author said stable ETF holdings and the prospect of renewed corporate buying could leave the market with fewer obvious sources of selling pressure. "I think when we look back at the end of 2026 with BTC at...

Teledyne Technologies ( TDY ) Thursday said that Teledyne FLIR Defense, has won an $11.2M contract from the U.S . Army’s Capability Program Executive for Chemical, Biological, Radiological, and Nuclear Defense (CPE CBRND) to deliver more than 45 advanced CBRN unmanned aerial system (UAS) kits. The kits were developed under the Army’s Chemical, Biological, Radiological, and Nuclear Sensor Integration on Robotic Platforms (CSIRP) program. More on Teledyne Teledyne Technologies Incorporated (TDY) Q1 2026 Earnings Call Transcript Teledyne Technologies Incorporated (TDY) Shareholder/Analyst Call Prepared Remarks Transcript Teledyne: Deserving Of A Premium Valuation Teledyne Energetics wins over $5M in UAS production contracts Teledyne Technologies’ FLIR Defense Rogue 1 selected for U.S. Army LASSO program

Micron, Marvell, and Broadcom lead chipmakers' premarket losses CNBC

Broadcom, Micron and ARM sink, leading chip stocks lower CNBC

Ahmed al Ahmed disarmed one of the alleged shooters during the deadly attack at a Jewish event.

WCG Wealth Advisors LLC Acquires 32,704 Shares of Tesla, Inc. $TSLA MarketBeat

WCG Wealth Advisors LLC Increases Position in Taiwan Semiconductor Manufacturing Company Ltd. $TSM MarketBeat

Oracle Corporation $ORCL Stock Holdings Increased by WCG Wealth Advisors LLC MarketBeat

Photo: IC Photo Huawei Technologies Co. Ltd. recently threw a conceptual bombshell into the global semiconductor industry, unveiling the Tau (τ) Scaling Law as a radical paradigm for chip design. By shifting from traditional two-dimensional planar scaling to three-dimensional architecture, the Chinese tech giant expects to match the performance of industry-leading 1.4-nanometer chips by 2031 using the new theoretical framework, signaling a major step in bypassing U.S. curbs on its access to advanced manufacturing tools.

Zurich Insurance Group Plc is widening its offering for data-center projects to Europe and South America as it seeks to profit from the global buildout of infrastructure linked to artificial intelligence. The Swiss firm will insure risks associated with the building and operating of data centers in Brazil, Germany, Italy, the Nordics and Spain in addition to its business in the US, according to a statement on Thursday. It plans to add more countries this year. The expanded coverage follows rapid development in AI worldwide, with hyper scalers such as Microsoft Corp. , Amazon.com Inc. and Alphabet Inc. looking at potential applications for industry and consumers in Europe and elsewhere. At the same time, the European Union has been stepping up efforts to build out its own digital infrastructure to stay independent of the US amid increasing geopolitical tensions. Read more: Europe Unveils Sweeping Tech Sovereignty Plan to Boost Chips, AI Insurers like Zurich have been quick to offer risk coverage around data centers as they seek new streams of revenue at a time when their traditional businesses in property and casualty insurance face a slowdown in premium growth. Cumulative global insurance premiums associated with data centers are estimated to reach $134 billion between 2026 and 2030, according to a report by Artemis, citing a broker at Aon PLc . Zurich says it underwrote more than 245 data-center construction projects in the US in 2025 and the business bumped its first-quarter earnings . The insurer agreed to buy UK-based specialty insurer Beazley earlier this year, bolstering its expertise in cyber and digital insurance and also its operations in Europe, North America, Latin America and Asia. The deal will also allow it to leverage Beazley’s Lloyd’s of London presence.

Nasdaq 100 futures lead US equities lower as Broadcom's sales growth forecast failed to meet investors' lofty expectations. Iran says there had been no recent progress in peace deal talks with the US, while fighting persists in Lebanon. Sharon Bell of Goldman Sachs discusses the difference in sector exposure in the US and European equity markets. Rhonda Vonshay Sharpe of the Women's Institute for Science, Equity and Race focuses on the inequality in the labor market. (Source: Bloomberg)

大廠AI的三筆糊塗賬 富途牛牛

格隆汇6月4日｜新加坡贸易部：新加坡将与美国贸易代表办公室接洽，评估对于对美出口的影响。

腾讯控股(00700.HK)于2026年6月4日斥资5.01亿港元回购109.1万股 FX168财经

格隆汇6月4日｜微芯科技(MCHP.US)获得美国出口许可证，可在亚美尼亚扩大先进FPGA(现场可编程门阵列)研发工作。

Constellation's Three Mile Island Nuclear Restart Gets Boost With FERC Waiver By Ethan Howland of UtilityDive Constellation Energy’s plans to restart the Crane nuclear power plant - formerly, and better known as Three Mile Island Unit 1 - were boosted Monday when the Federal Energy Regulatory Commission approved a waiver for the company from PJM Interconnection rules. FERC approved Constellation’s waiver request over the objections of PJM’s independent market monitor. Under the decision, Constellation will be able to transfer 760 MW of Capacity Interconnection Rights, or CIRs, from its Eddystone power plant near Philadelphia to the Crane unit. The transfer will increase the amount of electricity the nuclear unit can deliver to the grid. Constellation Energy’s Three Mile Island nuclear power plant near Middletown, Pa. The company’s plans to restart the plant’s Unit 1 were boosted when the Federal Energy Regulatory Commission approved a waiver for the company from PJM Interconnection rules on June 1, 2026. Constellation planned to retire two Eddystone units on May 31, 2025, but the Department of Energy has ordered the company to them to keep running under what the DOE has described as an emergency energy shortage. Under the DOE’s orders, the Eddystone units are not considered capacity resources, making their CIRs free to be transferred, according to Baltimore-based Constellation. Constellation’s $1.6 billion plan to restart the 835-MW Crane nuclear unit hit a snag when PJM determined that transmission upgrades were needed to safely deliver all the unit’s power to the grid. Those upgrades — including 765-kV and 500-kV projects — aren’t expected to be finished until December 2030 and could be delayed even longer, preventing full deliveries from the nuclear unit, which could restart in the second half of 2027 , Constellation said in its March 31 waiver request at FERC . Constellation’s request met FERC’s criteria for granting waivers, including that it solves a concrete ...

Key PointsAI could eventually enable the Fed to lower rates, but not in the near term.

In this article RDDT META Follow your favorite stocks CREATE FREE ACCOUNT The BlueSky logo is displayed on a mobile phone screen with its icon in back of it. Anadolu | Anadolu | Getty Images Bluesky, the social media platform that originated within Twitter, rose to prominence as a rival to the network after Elon Musk acquired the company and rebranded it as X. But, two years since its launch, the site has around just 10% of X's estimated global users. Bluesky's Chief Operating Officer Rose Wang told CNBC that the site saw its future not in rivalling X, but in taking inspiration from the online community forum Reddit . "The world is changing rapidly, and we're not trying to build what social used to be and get to parity," Wang told CNBC on the sidelines of SXSW in London on Wednesday. Wang said that Bluesky would move away from the "public square" style of feed of X or Threads, and will instead be "useful" as a discovery mechanism. "What we've learned through this process is that I think the public square is not the direction we want to go in. Essentially, I think it's useful as a discovery mechanism, but we're very inspired by companies like Reddit." she said. "A public square, where there's only a stage, and there's posters, like people on a stage and people who are watching, that is not social... we're in the medieval stages of the online world." Reddit launched in 2011 and billed itself as "the front page of the internet," offering "sub-Reddits" on a huge range of topics. It went public in 2024 and trades at around $170 a share. Bluesky CEO: I turned a Twitter research project into a rival company—'we've achieved what a lot of people said was impossible' Bluesky is built on an open-source AT Protocol, allowing developers to build apps, services, and communities with greater control over their content. Bluesky was initially founded within Twitter in 2019 and backed by Twitter co-founder Jack Dorsey , but it spun off in 2021. After Musk acquired Twitter in 2022, th...

格隆汇6月4日｜雷蒙德·詹姆斯将博通公司目标股价从428美元上调至450美元。

日本民间调查机构东京商工调查公司近日公布的一项调查显示，持续紧张的中东局势正对日本企业经营活动产生负面影响。东京商工调查公司情报部成员樱井浩树表示，企业经营不确定性上升，尤其是中小企业面临的经营压力和风险更为突出。在该机构围绕企业是否会调整经营策略的调查中，近半数受访企业认为，如果局势持续，将不得不重新审视经营策略。（央视新闻）

格隆汇6月4日｜据深交所官网显示，广东中塑新材料股份有限公司创业板IPO获上市委会议通过。

北京市规划和自然资源委员会网站发布了2026年第五轮拟供应商品住宅用地清单，共涉及4宗地，土地面积约16公顷，建筑规模约23万平方米，上述用地拟于近期供应。据介绍，本轮清单项目加大站城融合力度，全部位于轨道站点周边需求突出区域。同时，注重区域均衡布局，中心城区、多点地区、生态涵养区3个圈层均有涉及。其中，石景山区2宗，房山区、门头沟区各1宗。（人民财讯）

(RTTNews) - McCarthy Building Companies Inc., the privately held American national construction companies, Thursday announced that it is forming a multi-year, multi-million-dollar strategic partnership with Palantir Technologies Inc. (PLTR), an artificial intelligence and data pl

格隆汇6月4日｜阿波罗全球管理公司总裁泽尔特：全球长期债券短缺。