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MARKETS • Stocks
High-Speed Trader Virtu Fires Back at Critics
June 13, 2021
Scrutiny of the recent stock surges at GameStop, AMC and others has put pressure on the trading firm run by CEO Douglas Cifu.
World Stock Markets

Stock Market Data by Investing
The DOW JONES Index - Top 30 Blue Chip U.S. Companies
The EURO STOXX Index - Top 50 Blue Chip European Companies
Stock Market Charts by CNBC
Stock Market
The inflammatory Toshiba report may finally change corporate Japan
June 12, 2021
A detailed exposure of wrongdoing shows the extent to which shareholder interests have been sidelined
Undertones of The Clash in great inflation debate in markets
June 12, 2021
Investors face tricky bet on sustainability of spike in prices as economy recovers
Global stocks hit all-time high as focus turns to Fed meeting
June 11, 2021
Government bond rally loses steam as financial markets lack strong direction
Dividends could be suspended, warns UK Pensions Regulator
June 11, 2021
Payouts ‘may need to be put on hold’ if Covid-hit companies struggle to meet contributions
Stock Insights
Cambium Networks Corp: 5G Stock’s Recent Dip Has 73% Upside
June 11, 2021
Cambium Networks Stock Bullish on Record Results & 5G Rollout Cambium Networks Corp (NASDAQ:CMBM) is an excellent 5G stock that has made huge gains over the last year. Thanks to record financial results, robust product offerings, and the ongoing rollout of 5G networks, CMBM stock has lots of room to run. Cambium. The post Cambium Networks Corp: 5G Stock’s Recent Dip Has 73% Upside appeared first on Profit Confidential.
Perma-Fix Environmental Services, Inc: This Green Stock Could Double
June 11, 2021
A Good Opportunity Under Biden In the initial few months of the Joe Biden administration, we saw several major themes emerge. One top focus is the green energy space after the U.S. rejoined the Paris Agreement on climate and established green policies to move toward carbon neutrality. The push to achieve. The post Perma-Fix Environmental Services, Inc: This Green Stock Could Double appeared first on Profit Confidential.
Valens Company Inc: Pot Stock Up 105% in 2021 But Still Wildly Undervalued
June 10, 2021
Valens Stock Bullish on Raft of Positive News Valens Company Inc (TSE:VLNS, OTCMKTS:VLNCF) has, in just a few short months, turned into one of the most compelling, exciting marijuana stocks. Most investors aren't familiar with Valens, but that should change soon. In addition to reporting solid first-quarter results, the Canadian company has announced that it has expanded its. The post Valens Company Inc: Pot Stock Up 105% in 2021 But Still Wildly Undervalued appeared first on Profit Confidential.
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MARKETS • Currencies
The Week Ahead: Fed meeting time
June 11, 2021
CNBC's Kelly Evans looks ahead to what are likely to be next week's top business and financial stories.
World Currency Markets

Currency Market Data by Investing
Euro/US Dollar - FX Spot Rate
US Dollar/Japanese Yen - FX Spot Rate
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Currency Market
XE Market Analysis: Asia - Jun 11, 2021
June 11, 2021
The Dollar moved broadly higher in N.Y. on Friday, taking the DXY to highs of the week at 90.61. The index opened near 90.30, and had bottomed at 89.96. Treasury yields formed up some into the weekend, with position squaring following a week of significant yields drops driving the bond market. Incoming data was light, with the University of Michigan consumer sentiment on tap, which improved more than expected, and improved USD sentiment. Wall Street was narrowly mixed through the session, with investors perhaps remaining sidelined ahead of the FOMC meeting, and a heavy U.S.
XE Market Analysis: North America - Jun 11, 2021
June 11, 2021
The dollar lifted out of lows after yesterday tracking the sharp drop in longer-dated Treasury yields. The DXY dollar index recouped a large part of yesterday's decline in posting an intraday high at 90.22, having earlier printed a two-day low at 89.96. EUR-USD dropped back to the mid 1.2100s after earlier carving out a two-day high at 1.2196. The ebb in the pairing was the product of a broadly, albeit moderate, decline in the euro concurrent with a broad firming in the dollar, which has lifted out of lows.
XE Market Analysis: Europe - Jun 11, 2021
June 11, 2021
The dollar has traded softer so far today, tracking an extended decline in longer-dated U.S. Treasury yields, which has seen the 10-year T-note yield hit a fresh three-month lows under 1.440%, which is nearly 10 bp down on yesterday's peak. The magnitude of the greenback's declines has been limited, though enough to see two-day lows versus the euro and pound, and a four-day low in the case of the Australian dollar. The U.S. currency has, meanwhile, remained within yesterday's ranges against the yen and Canadian dollar, among other currencies.
US Dollar Index

US Dollar Currency Index
US Dollar Index Chart by CNBC
Currency Insights
Markets Week Ahead: Nasdaq, Dow Jones, US Dollar, Fed, Gold, Crude Oil, Yen, BoJ
June 13, 2021
Traders rotated back into the Nasdaq Composite as it outperformed the Dow Jones. Inflation expectations and Treasury yields are falling ahead of the highly-anticipated Fed. Highlights next week inc...
4 Effective Trading Indicators Every Trader Should Know
June 13, 2021
Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.
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MARKETS • Commodities
New standards needed for the clean energy technology supply chain
June 12, 2021
G7 leaders need to define rules that integrate our shared values and promote transparency
World Commodity Markets

Commodity Market Data by Investing
Brent Crude - ICE Brent Index Price
Gold - The London Gold Fixing
Commodity Market Charts by CNBC
Commodity Market
Biden’s green push delivers boost to fossil fuel companies
June 12, 2021
Sector enjoys best first months of an administration since Roosevelt’s first term in 1933
New standards needed for the clean energy technology supply chain
June 12, 2021
G7 leaders need to define rules that integrate our shared values and promote transparency
Oil demand to surpass pre-pandemic levels by end of 2022, says IEA
June 11, 2021
Consumption expected to rebound by 5.4m barrels a day this year
US lifts some sanctions targeting Iran’s energy sector
June 11, 2021
Decision marks first time Biden administration has loosened penalties

Crude Oil

Crude Oil WTI - West Texas Intermediate Crude Oil Price
Crude Oil Chart by CNNMoney
Commodity Insights
CFTC Commitments of Traders – Bets on Higher Crude Oil Prices Increased amid Demand Hopes
June 13, 2021
According to the CFTC Commitments of Traders report for the week ended June 8, NET LENGTH for crude oil futures jumped +19 202 contracts to 510 499 for the week. Speculative long position rose +18 717 contracts, while shorts dropped -485 contracts. For refined oil products, NET LENGTH for heating oil fell -1 617 contracts […] The post CFTC Commitments of Traders – Bets on Higher Crude Oil Prices Increased amid Demand Hopes appeared first on Action Forex.
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MARKETS • Bonds
Markets await the Fed’s meeting before making the next big move in the week ahead
June 11, 2021
Stocks could trade sideways as investors await the outcome of the Fed's June meeting next week.
World Interest Rates

Bond Market Data by Investing
U.S. 10 Year Bond Yield - U.S. Treasury Bond
Germany 10 Year Bond Yield - German Government Bond
Bond Market Charts by CNBC
Bond Report
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MARKETS • Outlook
Energy sector flat as oil trades near 3-year high
June 11, 2021
Energy sector flat as oil trades near 3-year high

Baird Investment strategy analyst Ross Mayfield discusses commodities in the energy sector on 'The Claman Countdown'

Experts discuss most resilient stocks amid inflation concerns
June 11, 2021
Experts discuss most resilient stocks amid inflation concerns

Wheelhouse Chief Investment Officer Ann Berry and Macro Trends Advisors founding partner Mitch Roschelle discuss what stocks to invest in amid inflation concerns.

Will retail investors get a fairer shake on Wall Street?
June 11, 2021
Will retail investors get a fairer shake on Wall Street?

Reddit investors demand more transparency and a level playing field on trading; former SEC defense attorney Lisa Braganca weighs in on efforts to change rules that favor 'large institutional players.'

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MARKETS • Comment
Malaysia Bourse Tipped To Snap Losing Streak
June 10, 2021
The Malaysia stock market has finished lower in back-to-back sessions, slipping more than 8 points or 0.5 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,580-point plateau although it may stop the bleeding on Friday.
Tech Shares May Drive South Korea Stock Market
June 10, 2021
The South Korea stock market on Thursday snapped the two-day slide in which it had stumbled more than 35 points or 1.1 percent. The KOSPI sits just beneath the 3,225-point plateau and it may add to its winnings on Friday.
TSX Ends Higher For 2nd Straight Day
June 11, 2021
The Canadian stock market ended higher on Friday, extending gains from the previous session, as optimism about global economic recovery and higher energy prices underpinned sentiment.
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BUSINESS • Today
JD Sports faces investor backlash over boss's bonus
June 13, 2021
Peter Cowgill was awarded £4.3m despite the retailer accepting Covid support from the government.
Business News

Financial News
G-7 Leaders Set to Wrap Summit Laying Out Wide-Ranging Goals
June 13, 2021
Leaders from the club of wealthy nations were set to announce a series of measures to counter China’s influence, tackle climate change and beat back the Covid-19 pandemic as their first face-to-face meeting in nearly two years draws to a close.
Chip Shortage Brings Frustration but More Business to Industry's Middlemen
June 13, 2021
Businesses around the world need chips but can’t find them. Making matters worse is that the typical problem solvers—chip brokers and middlemen—find themselves in some cases just as empty-handed.
India Prepares for More Covid-19 Surges With Oxygen Plants and Hospital Beds
June 13, 2021
Cities and states are working to avoid a repeat of the humanitarian crisis that accompanied the devastating number of cases in the spring.
Regulators Tell Banks It Is Time to Stop Using Libor
June 13, 2021
A CFTC subcommittee told brokers they should switch from Libor to a new rate, SOFR, by late July. But not everyone thinks SOFR is the answer.
'To The Moon,' Part 4: Diamond Hands
June 13, 2021
How one man’s arguments inspired legions of GameStop investors to band together and send shares surging. The fourth installment of our miniseries.
Forget Going Back to the Office---People Are Just Quitting Instead
June 13, 2021
Workers are deciding to take on new jobs and careers as the economy rebounds, spurning a return to business as usual. Some are burned out from extra pandemic workloads and stress, while others prefer the flexibility of remote work.
Why That Sofa You Ordered Isn't Showing Up Soon
June 13, 2021
Even companies that have built domestic supply chains are running up against extreme shortages of goods and labor.
Winning Ticket to Join Jeff Bezos in Space Costs Nearly $30 Million in Blue Origin Auction
June 12, 2021
The winner of the charity auction will join the Amazon CEO on the space company’s first passenger flight next month.
WHO Chief Urges China to Cooperate With Covid-19 Probe
June 12, 2021
Group of Seven leaders conferring at a summit in England discussed the causes of the global pandemic.
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BUSINESS • World
Duration of money-printing punishments depends on how worthless money becomes, expert tells RT’s Keiser Report
June 13, 2021
Preview With stock markets at an all-time high, housing prices soaring, and wages boosted, the hosts of the Keiser Report wonder how much money-printing the US is destined to endure.
Read Full Article at RT.com
Is Canada attending G7 summit just to stand & cheerlead for US? RT’s Boom Bust wants to know
June 13, 2021
Preview The leaders of Canada, France, Germany, Italy, Japan, the UK and the US have convened in England to discuss some of the world’s most pressing issues.
Read Full Article at RT.com
US business eager to operate in Russia, but pulled out of it by the ears – Putin
June 13, 2021
Preview American corporations want to work in Russia, but US policies towards Moscow prevent them from doing business and force them to make way for rivals, according to Russian President Vladimir Putin.
Read Full Article at RT.com
Company News
International Business
Microsoft Debuts Offerings at E3, Ditching the Game Console Wars
June 13, 2021
Known for the Xbox, Microsoft has been diversifying away from boxy hardware in favor of reaching millions more new gamers.
The Week in Business: Prices Are Rising on Cars, Groceries and Even Burritos
June 13, 2021
It’s not your imagination — prices on consumer goods have risen quickly. But is that really a cause for concern?
F.D.A. Still Lacks a Permanent Commissioner
June 12, 2021
With the pandemic easing, the federal agency’s long-term agenda for drug approvals or new issues is languishing without a permanent commissioner.
Off-Duty Flight Attendant Is Detained After an In-Flight Struggle, Delta Says
June 12, 2021
Video from the flight showed a violent confrontation involving several people wrestling a man to the floor as someone said: “Get him down. Keep him down.”
How Private Equity Firms Avoid Taxes
June 12, 2021
The I.R.S. almost never audits private equity firms, even as whistle-blowers have filed claims alleging illegal tax avoidance.
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BUSINESS • Analysis
Eager to travel, Americans book Sun Belt beach, city stays as pandemic fades
June 13, 2021
Among the most eager travelers in the world, Americans are researching and booking summer getaways to sunny domestic spots that are reopening.
GM, Ford are all-in on EVs. Here’s how their dealers feel about it
June 13, 2021
As automakers including Ford and GM invest heavily in electric vehicles to catch Tesla, dealerships enter the EV future, and business models being tested.
How bad are global shipping snafus? Home Depot contracted its own container ship as a safeguard
June 13, 2021
The home improvement retailer is one of many companies facing supply chain challenges and trying to find creative solutions to keep merchandise in stock.
Branson's Virgin Orbit in talks with former Goldman partner's SPAC for $3 billion deal to go public
June 12, 2021
Virgin Orbit is in talks on a deal with NextGen Acquisition II, a special purpose acquisition company led by former Goldman Sachs partner George Mattson.

Business Trends
Larry Page’s air taxi startup is buying former DJI rival 3D Robotics
June 11, 2021
3dr solo images
Image: 3D Robotics

Kitty Hawk, the air taxi company backed by Google co-founder Larry Page, is buying what’s left of one-time DJI competitor 3D Robotics. As part of the acquisition, 3D Robotics co-founder Chris Anderson will become Kitty Hawk’s chief operating officer.

The acquisition was first reported by Forbes, which published a detailed look at the current state of Kitty Hawk and its new focus on developing a remote-piloted electric vertical takeoff and landing (eVTOL) aircraft on Friday.

Anderson will serve under CEO Sebastian Thrun, a former Google executive who founded the company’s self-driving car project (before it became standalone company Waymo) and launched its famous “X” moonshot division.

Continue reading…

Apple added beautiful 3D details to Maps, but it still can’t get me out of this forest
June 11, 2021
This is impressive, but it won’t help me get around town.

During the iOS portion of Apple’s WWDC keynote, it showed some amazing demos of 3D cities and AR transit directions, but amid all the beautiful features there were a few things missing from the stage and Apple’s iOS 15 feature list. Namely, some basic navigation tools that would let me get around easier.

Since Apple seems to be focusing a lot on Maps (it got stage time at last year’s keynote, too), perhaps they’re also taking requests? Here’s my wishlist.

Don’t forget, you’re here forever.

Offline Maps

Without a cellular signal or Wi-Fi, Apple Maps turns into a brick — you can’t search for locations, find routes, or do anything useful. This is, to put it lightly, a bit of a problem for a navigation app that’s been...

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BUSINESS • Report
Less Than Half Of Americans Trust Biden To Negotiate With Putin Ahead Of U.S.-Russia Summit
June 13, 2021
A majority, however, have confidence in Biden to do the right thing regarding world affairs.
Less Than Half Of Americans Trust Biden To Negotiate With Putin Ahead Of U.S.-Russia Summit
June 13, 2021
A majority, however, have confidence in Biden to do the right thing regarding world affairs.


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