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1Bitget UEX Daily | US-Iran Sign Electronic Agreement; SpaceX Market Cap Surges and FAB10 Concept Emerges; Nvidia Issues Bonds to Expand AI Capacity (June 16, 2026)2Hormuz Strait Reopens: Will the Federal Reserve Pivot Dovishly and Will the Market Reprice Rate Cuts?3US Stock Market Financing Hits Historical Limit! Morgan Stanley Warns: A Deleveraging Storm is Brewing
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U.S. stocks move: Optical communication concept stocks collectively adjust, Lumentum drops over 7%Glonghui, June 16 — US optical communication concept stocks collectively declined, with AXT down over 9%, Applied Optoelectronics and Lumentum down over 7%, Fabrinet down over 6%, Ciena down over 5%, Corning and Nokia down over 4%, and Astera Labs down over 3%.
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RBC President Dave McKay: AI-driven capital's "insatiable appetite"The U.S. economy (compared to Canada) is stronger, which exposes us to more risks. As the United States-Mexico-Canada Agreement (USMCA) faces uncertainty, demand in Canada is declining.
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Paul Atkins: Michael Selig is capable of overseeing prediction markets and crypto businessesAccording to The Block, SEC Chairman Paul Atkins stated in an interview with CNBC that although the CFTC's budget and staff are far less than those of the SEC, Chairman Michael Selig is exceptionally capable and is working hard to clarify global innovative products, including prediction markets and crypto assets. For the 2027 fiscal year, the CFTC plans to request a $410 million budget from Congress, with about 550 employees, while the SEC's budget is approximately $1.908 billion with more than 4,000 employees.
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