Renewed military exchanges between the U.S. and Iran on Wednesday deepened a global sell-off already fueled by hawkish Federal Reserve expectations.

Hyperscaler spending ratios are projected to hit 45% of sales by 2028, while a $680 billion depreciation wave threatens earnings.

Canada's second-largest bank will list a fractional-ownership SpaceX CDR on the TSX on June 12, the same day the company begins trading on Nasdaq.

China, Taiwan, the U.S., and Canada all posted record export figures, but analysts say surging commodity and chip prices are driving gains, not rising demand.

Chairman Wang Chuanfu told shareholders that Blade Battery 2.0 production capacity is the key constraint limiting the company's growth this year.

Equity selling across Asia drove the reversal, wiping out most of April's $70.6 billion rebound, according to IIF data released Wednesday.

Crude spiked on renewed military exchanges but retreated as analysts said markets aren't yet pricing in a worst-case supply disruption.

The offer caps a six-year stake-building campaign by Mike Ashley's retail empire, which already holds about 26% of the German fashion house.

The CPI rose 4.2% in May, driven by surging energy prices, as the U.S.-Iran military escalation rattles crypto and broader markets.

Japan's largest power generator secures up to 2 million tons of Malaysian gas annually starting in 2028 as Mideast disruptions squeeze Asian energy markets.

A coalition of 46 institutional investors warned EU leaders that weakening the Emissions Trading System would jeopardize trillions in clean energy investment.

The delayed draw term loan, led by Citibank, comes days after a record C$14 billion Canadian bond sale as Amazon finances $200 billion in 2026 capex.

Wael Sawan told a London summit that the Strait of Hormuz blockade has caused disruptions "never seen before" in global energy markets.

Top investors warn at SuperReturn in Berlin that firms holding trillions in software assets cannot sell, as AI disruption tanks valuations.

The world's largest chipmaker says inflation is driving up operating costs as AI demand continues to outstrip supply for years to come.

Fund managers say government bonds could reclaim safe-haven status as inflation from the conflict nears a peak and growth slows.

Renault's chief said higher fuel prices are driving a sharp increase in electric vehicle demand across France and Germany.

The setback compounds a broader sell-off driven by AI valuation fears and a liquidity squeeze ahead of SpaceX's planned record IPO on Friday.

The dual-currency offering, Tencent's first dollar bond since 2021, attracted over $17 billion in orders to fund AI spending and refinancing.

Markus Kamieth said months of Strait of Hormuz disruption could trigger another price shock in the second half of 2026.

More than 10 million BTC are underwater, a threshold historically seen only near major bear market bottoms like the 2022 FTX collapse.

Governments worldwide are borrowing at an unprecedented pace to fund defense, Ukraine aid, and economic competitiveness programs.

Producer prices rose for a third straight month, beating forecasts as the Iran conflict and AI investment drove up raw material costs.

Shipments from Yanbu reached 118,000 barrels per day in early June, surpassing pre-conflict flows as the Red Sea route bypasses the blocked strait.

Barred from the landmark SpaceX offering, mainland Chinese traders are turning to synthetic perpetual futures on crypto exchanges to gain exposure.

Electric vehicles accounted for more than half of China's passenger car exports for the first time, as high fuel prices drove global buyers toward EVs.

The review examines $24 billion in Gulf sovereign wealth fund financing backing the $110 billion deal, adding to ongoing antitrust scrutiny.

The global standard-setter's proposed guidelines urge firms to treat autonomous AI systems as "synthetic employees" and limit their authority.

The central bank cited oversight deficiencies at Revolut's Lithuanian subsidiary, freezing the fintech's product pipeline across the European Economic Area.

Emmanuel Moulin cited doubts over Fed independence and U.S. policy unpredictability as a "clear opportunity" to strengthen the euro's global role.

The preclinical gamma-secretase modulator targets toxic amyloid-beta buildup and complements Lilly's existing Alzheimer's antibody Kisunla.

Hyperscalers including Alphabet, Amazon, Meta and Microsoft are expected to spend $700 billion this year, driving a record bond-market borrowing spree.

The Singapore-based fintech unit of Ant Group could be valued at over $10 billion as it explores a listing later this year.

Five major tech companies have already surpassed last year's full bond total as Wall Street races to finance the AI infrastructure buildout.

The coffee chain has held preliminary talks with banks about a potential stake sale or IPO of its Japan unit, Bloomberg reported.

Creditor negotiations hit a snag weeks after SoftBank cut its initial $10 billion target, as OpenAI's confidential IPO filing adds new complexity.

The bank's 18% upward revision reflects surging demand for AI infrastructure, with Dell and Chinese cloud stocks named as key beneficiaries.

The Australian pharmacy giant acknowledged "preliminary discussions" as Sycamore Partners weighs selling the iconic British retailer instead of pursuing an IPO.

Japanese government bonds rallied Tuesday after reports that the central bank may hold purchases steady beyond fiscal 2027.

The ratings agency shifted its 2026 sector outlook to "deteriorating" from "neutral," citing conflict-driven energy disruption and weaker growth.

The Dutch chipmaking equipment giant reached the milestone Tuesday, fueled by soaring AI demand and analyst upgrades.

Two research firms independently project the global market will roughly quintuple this decade, driven by AI workloads that overwhelm traditional air cooling.

JPMorgan estimates clandestine flows reached about 2.1 million barrels per day in late May, easing prices but far below pre-war levels.

The agency's June outlook projects OECD inventories hitting record lows as the strait's near-total closure continues to strand millions of barrels daily.

Lilly's retatrutide showed weight loss rivaling bariatric surgery as oral GLP-1 pills from multiple drugmakers reshaped the competitive landscape at ADA 2026.

The cryptocurrency touched $59,100 on June 5 — its 2026 low — before stabilizing near $62,500 as macro pressures and ETF outflows batter the market.

Global stocks rebounded Tuesday as tech shares led gains, with South Korea's Kospi nearly erasing Monday's historic drop.

Novo Nordisk presented broad new evidence for Wegovy and CagriSema, but analysts said Eli Lilly's retatrutide data cemented its obesity lead.

Bitcoin suffered its worst weekly drop since 2022 as investors pivoted to AI stocks and a wave of trillion-dollar IPOs from OpenAI, Anthropic, and SpaceX.

CEO Guillaume Faury said Tuesday the planemaker may not hit its narrowbody production goal due to ongoing engine supply shortfalls.

China's 16 best-selling models were all EVs, with no gas-powered car cracking the list as NEV penetration hit a record 62.9%.

Chinese producers are capturing global market share after Iranian strikes knocked out major Middle Eastern smelters earlier this year.

Urals and ESPO Blend prices have fallen sharply from post-Iran-conflict highs as Chinese and Indian buyers slash imports amid weak margins.

Northeast Asia LNG prices have surged over 100% since the conflict began, with the Strait of Hormuz closure cutting 15 million barrels of daily output.

Brazil, India, and Bangladesh face surging agricultural costs as the Strait of Hormuz closure disrupts global fertilizer supply chains.

The annual "Banking on Climate Chaos" report shows the 65 largest banks increased fossil fuel financing by 8% over 2024, totaling $8.7 trillion since the Paris Agreement.

The restructuring into Upstream and Downstream divisions takes effect July 1 as the energy giant refocuses on oil and gas.

Exports jumped 19.4% and imports rose 27.4%, driven by AI hardware demand, while crude purchases fell to an eight-year low.

Markus Kamieth said shortages of sulfur and helium are already emerging, with tightly managed automotive supply chains most at risk.

Airlines have "been through hell" but are holding onto order books, Guillaume Faury said, as IATA halved its 2026 profit forecast.

The conflict has created a stark trade divergence, boosting Chinese metal exports while slashing crude supply through the Strait of Hormuz.

The Global Peace Index 2026 models three scenarios, warning losses could reach $3.5 trillion if the conflict resumes fully.

Asian retail investors are piling into supply chain stocks and space ETFs as the $75 billion listing, set to price Wednesday, draws worldwide demand.

The June 2026 UCLA Anderson Forecast identifies the Iran-related oil shock as the leading inflation threat, surpassing tariffs as the primary risk to the U.S. economy.

TSMC, Samsung, and SK Hynix now make up nearly a third of MSCI's Asia Pacific ex-Japan Index, triggering mandatory portfolio rebalancing.

Wang Chuanfu laid out a five-year plan at the annual meeting built on next-gen batteries and overseas expansion.

The ratings agency cited supply disruptions from the Strait of Hormuz closure while also cutting its 2026 global GDP growth forecast.

The iShares Space Technologies UCITS ETF (STAR) can add newly public companies within days, positioning it to capture SpaceX's historic listing.

The all-cash deal, GSK's largest in over a decade, targets two near-approval lung cancer therapies and sent GSK shares lower on Tuesday.

The Finnish satellite-intelligence firm raised €450 million in Series F funding, quadrupling its valuation from six months ago.

AI hardware demand and front-loaded orders drove exports past expectations, pushing the trade surplus to $105.43 billion.

The bank forecasts Asian LNG benchmark reaching $25 per MMBtu in the second half of 2026, a 30% jump from the forward curve.

Daily deliveries reached 178,000 tons, the highest since before the Middle East conflict, as buyers race to stockpile fuel for peak demand.

The five-tranche deal surpassed Alphabet's C$8.5 billion Canadian dollar issuance from May, reflecting surging investor demand.

Three announcements Monday signal Big Pharma's accelerating bet on drugs that destroy disease-causing proteins rather than just blocking them.

Emerging-market carry strategies that thrived early in 2026 are faltering as the dollar firms, rate-hike odds rise, and the Iran conflict escalates.

The Hormuz crisis has driven shipowners to order 262 VLCCs worth billions, but analysts warn the spree echoes past boom-bust cycles.

Major forecasters are slashing growth outlooks as the U.S.-Iran conflict drives inflation higher and erodes household incomes worldwide.

Bain & Co. says global buyout deal value fell to $20 billion in Q1 2026, the lowest level since the pandemic, as AI disruption fears paralyze software dealmaking.

Iran's weekend missile strikes on Israel drove a Monday selloff across developing economies already strained by the Middle East energy crisis.

The Swiss commodity trader is on track for one of its best-ever annual results as geopolitical turmoil reshapes global energy markets.

Musk's endorsement and his planned appearance at ASML's internal conference to discuss the Terafab chip megaproject boosted the stock on Monday.

Temu, Shein, and AliExpress face surging air-freight expenses and looming EU tariffs that threaten their low-cost, direct-from-China business model.

The May jobs report, which nearly doubled forecasts, has reshaped Fed rate expectations and triggered a global equity rout now hitting Asian markets.

The banks are looking at futures tied to GPU leasing prices as Wall Street races to turn AI computing power into a tradeable commodity.

The Strait of Hormuz closure has slashed China's crude imports by more than 44% since February, forcing refiners to defer major projects.

Strategy disclosed a 1,550 BTC purchase on Monday as the cryptocurrency recovered from a cycle low of $59,100 hit last week.

IATA slashed its 2026 global airline profit outlook to $23 billion from $41 billion, citing soaring fuel costs and Middle East conflict disruptions.

The Italian tech firm behind Vimeo, Evernote, and AOL is set to list under ticker "BSP" amid a busy summer IPO window.

The offering would be one of the largest collateralized fund obligations ever, nearly doubling the previous record set by Carlyle's AlpInvest unit.