India’s Enforcement Directorate raided nine locations linked to Rajesh Exports in Bengaluru and Mumbai as part of an investigation into alleged forex violations. Investigators found the company’s physical gold inventory was about 40% lower than what was recorded in its books and flagged suspected benami shareholdings as well as adjustments of trade receivables and payables of nearly ₹3,000 crore. Sebi had previously alleged the company overstated consolidated revenue by more than ₹15 lakh crore over a five-year period. The developments have raised questions over confidence in the gold trading chain but do not point to changes in global gold supply-and-demand fundamentals.

SpaceX is preparing an investment-grade bond sale that could exceed $20 billion, with proceeds largely aimed at refinancing a bridge loan tied to its xAI acquisition that matures in September 2027. Any additional funds would support expansion across Starlink, AI and its rocket business. As of March 31, 2026, the company reported $29.1 billion in long-term debt and about $15.9 billion in cash and equivalents.

标普500指数周二开盘下跌1.61%，报7352.61点，延续科技股主导的连续下跌。Alphabet跌5%，SpaceX跌16%，亚马逊、Meta、微软均显著下挫。Polymarket显示6月23日‘上涨’开盘概率仅2%。市场聚焦周四公布的PCE物价指数——美联储最青睐的通胀指标，此前美联储会议释放鹰派信号，强化年内再加息预期。

U.S. stocks were mixed Tuesday as semiconductor shares sold off sharply, sending the VanEck Semiconductor ETF (SMH) lower and weighing on the Nasdaq 100. Micron fell 9.5%, Corning dropped 8.9%, and NVIDIA declined 3.2%. The Nasdaq 100 slid 2.4% to 29,608, while the S&P 500 fell 0.9% and the Dow edged up 0.2%. Traders also questioned whether the AI trade has become overextended, with risk-off positioning intensifying ahead of Micron’s earnings.

Oklo and Centrus Energy signed a letter of intent for domestic high-assay low-enriched uranium (HALEU), with deliveries potentially beginning in 2029 to support up to five Aurora powerhouses over multiple years. The arrangement is framed as one of the early large-scale HALEU supply deals and may include prepayment structures from Oklo, directly addressing a key fuel constraint for commercialization. Oklo shares rose 1.64% to $59.36, but the stock remains in a bearish technical setup and faces resistance at $66.00, according to Benzinga Pro data.

Global equities fell on Tuesday, with the Nasdaq down 1.6% and the S&P 500 off 1% as chip stocks slid 7%. Markets positioned for a more aggressive Federal Reserve response to inflation, pushing the 2-year U.S. Treasury yield to a 16-month high and leaving money markets close to fully pricing a rate hike by September. Oil held below $80 a barrel after a temporary waiver on Iran sanctions eased supply worries, while the yen hovered near 40-year lows and gold fell 1.5%.

IDC’s latest report says Nvidia became the world’s largest data center Ethernet switching vendor by revenue in Q1 2026, with sales of $2.1 billion, up 193% year over year. The report ties the gain to broad hyperscaler adoption of the Spectrum-X platform in AI data centers. Nvidia’s earnings also show data center networking revenue surged 199% year over year to $14.8 billion, helping lift fiscal Q1 2027 revenue to $81.6 billion, with the data center segment accounting for 92%. Analysts’ consensus price target is $303.71, implying about 51% upside from the current price.

Tapestry (TPR) reported fiscal Q3 2026 results on May 7, 2026, with revenue of $1.9 billion, up 21% year over year, and non-GAAP EPS of $1.66, up 62%, topping expectations. The company raised its full-year outlook, projecting revenue of $7.95 billion and EPS of $6.95. Coach sales jumped 31% year over year, serving as the main growth engine. The stock is 7.9% below its 52-week high, but is up 16.8% year to date versus the S&P 500’s 9.2% gain, and analysts’ consensus is “Strong Buy” with a mean target of $166.21, implying 11.4% upside from current levels.