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Daily 2026-06-08
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All metrics are as of the latest market close.
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<table border="0" cellpadding="0" cellspacing="0" role="presentation" width="100%">
<tbody>
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<td class="s23">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
<tbody>
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<td align="left" class="s9">
<table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:Inter,sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;border:none;" width="100%">
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S&P 500
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<td class="s26">
0.30% ▲
</td>
<td class="s27">
7,406
</td>
</tr>
<tr>
<td class="s25">
GOLD
</td>
<td class="s28">
0.36% ▼
</td>
<td class="s27">
$4,350
</td>
</tr>
<tr>
<td class="s25">
BITCOIN*
</td>
<td class="s26">
2.62% ▲
</td>
<td class="s27">
$63,159
</td>
</tr>
<tr>
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*24-hour change
</td>
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<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
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<td align="left" style="font-size:0px;padding:10px 25px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0;word-break:break-word;">
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<tbody>
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<td class="s23">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
<tbody>
<tr>
<td align="left" class="s9">
<table border="0" cellpadding="0" cellspacing="0" style="color:#000000;font-family:Inter,sans-serif;font-size:13px;line-height:22px;table-layout:auto;width:100%;border:none;" width="100%">
<tbody>
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<td class="s25">
FTSE 100
</td>
<td class="s28">
0.00% ▼
</td>
<td class="s27">
10,368
</td>
</tr>
<tr>
<td class="s25">
BRENT OIL
</td>
<td class="s26">
1.34% ▲
</td>
<td class="s27">
$94.34
</td>
</tr>
<tr>
<td class="s25">
US BONDS*
</td>
<td class="s28">
0.01% ▲
</td>
<td class="s27">
4.56%
</td>
</tr>
<tr>
<td colspan="3" style="font-size:10px;font-family:Trispace,monospace;color:#7F879C;padding:0">
*10-year government yield
</td>
</tr>
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<table align="center" border="0" cellpadding="0" cellspacing="0" class="s1" role="presentation">
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<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:700;line-height:1.5;text-align:left;color:#181c25;">
WALL STREET FEAR GAUGE INDEX
(
<a style="font-weight:400;font-family:Trispace,monospace">
VIX
</a>
)
</div>
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<img alt="Wall Street Fear Gauge Index" class="s12" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fimages.bannerbear.com%252Fdirect%252F7Q4rjJzQn7vZo8qPOx%252Frequests%252F000%252F148%252F698%252F929%252FnyLXxdvaNQg0wPgrY9wePZm1E%252Fb93efdbf0e9ec71dcf5bf18b53ec2bc7673eaa1c.png%253Fauto%253Dformat%2526fit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253Dce7a0c35c6051322f1569e66ee3cb491/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3ODA5NTYxMzguMjYwMDEyMX0:1wWi30:cM-EYVH6lCMv4AYj7xdFEyR8KOZWhF-ob-dN0vo4LMU" width="536"/>
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<div class="s34">
<p data-block-key="10zqs">
<b>
🎢
</b>
Tech stocks have been on a rollercoaster
</p>
<p data-block-key="91o">
<b>
😬 FOR PRO MEMBERS:
</b>
Bitcoin’s bull case might be cracking at the worst possible time
</p>
<p data-block-key="2qcgh">
🇩🇪 Germany’s factory activity slid
</p>
<p data-block-key="bvg40">
<b>
👇 Keep reading to find out more
</b>
</p>
</div>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
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<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;text-transform:uppercase;color:#204CE9;">
<mj-raw>
<span class="s21">
👀
</span>
<span class="s22">
Today's headlines
</span>
</mj-raw>
</div>
</td>
</tr>
</tbody>
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<tbody>
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<td align="left" class="s15">
<div class="s36">
<mj-raw>
<span class="s37">
Tech's Wild Ride
</span>
</mj-raw>
</div>
</td>
</tr>
<tr>
<td align="center" class="s5">
<table border="0" cellpadding="0" cellspacing="0" class="s10" role="presentation">
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<a target="_blank">
<img alt="Tech's Wild Ride" class="s12" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FEditorial-080626-BigTech.original.jpg%253Fauto%253Dformat%2526fit%253Dcrop%2526h%253D600%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253Dd70cf17ddaef036ec062442a22548dde/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3ODA5NTYxMzguMjYwMTg0M30:1wWi30:JyJWeSP6VyFOnCyLdT5aEpjrcEw3K_eKjd5T6N2Hzgs" width="568"/>
</a>
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<td align="left" class="s5">
<div class="s34">
<p data-block-key="cnzay">
<b>
What’s going on here?
</b>
</p>
<p data-block-key="f18h7">
Tech stocks hit a speed bump last week – and although they rebounded on Monday, it was a sharp reminder that ups and downs are part and parcel of investing.
</p>
<p data-block-key="528d6">
<b>
What does this mean?
</b>
</p>
<p data-block-key="568eb">
Tech stocks had been on an incredible rally for the last couple of months, riding the AI boom. So a pullback –
with some investors getting out while the getting’s good – was to be expected. And to keep things in perspective, most stocks only tumbled to where they were a few weeks ago – which is still pretty high.
</p>
<p data-block-key="uue9">
<b>
Why should I care?
</b>
</p>
<p data-block-key="8hdq7">
<b>
<i>
For markets:
</i>
</b>
<i>
There’s only so much in the piggy bank.
</i>
</p>
<p data-block-key="cht6m">
Besides the general volatile nature of markets, there were a couple of other things that contributed to the
selloff.
</p>
<p data-block-key="a8fks">
▶ First: inflation. As prices rise, so do expectations of interest rate hikes – especially with the
<a>
strong
</a>
US jobs data from last week. And higher rates are bad news for stock prices.
</p>
<p data-block-key="8s3tb">
▶ Second: upcoming IPOs.
<b>
SpaceX
</b>
is
<a>
making
</a>
its debut this week, while
<b>
OpenAI
</b>
and
<b>
Anthropic
</b>
are both expected to go public later this year. (Plus,
<b>
Alphabet
</b>
recently
<a>
sold
</a>
$80 billion of new shares, and
<b>
Meta’s
</b>
reportedly considering something similar.) The logic here is simple: in order to buy those stocks, some investors have to sell others.
</p>
<p data-block-key="3mrt5">
<b>
<i>
Zooming out:
</i>
</b>
<i>
Public money is back in fashion.
</i>
</p>
<p data-block-key="amv1a">
All this fundraising from public markets could mark a turning point. See, building AI infrastructure is expensive – astronomically so, with the major players expected to drop upwards of $750 billion this year alone. And so far, firms have mostly raised funds from large institutional investors: we’re talking private equity, venture capital, and sovereign wealth funds. But with Big Tech companies and frontier AI firms alike now turning to public markets, things are looking
different.
</p>
</div>
</td>
</tr>
<tr>
<td align="left" class="s5">
<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;color:#000000;">
You might also like ⇢
<a>
Should You Invest In SpaceX’s IPO – Or Leave It On The Launchpad?
</a>
</div>
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📈
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Chart Of The Day
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Today's Research
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<mj-raw>
<span class="s37">
The Cracks In Bitcoin's Bull Case Are Getting Harder To Ignore
</span>
</mj-raw>
</div>
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<td align="center" class="s39">
<table border="0" cellpadding="0" cellspacing="0" class="s10" role="presentation">
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<td style="width:536px;">
<a target="_blank">
<img alt="Insight" class="s12" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252FInsight---Bitcoin---080626.original.jpg%253Fauto%253Dformat%2526fit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253Dae241d8f4a2d2f92783abd228478060a/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3ODA5NTYxMzguMjYwNzUzOX0:1wWi30:i_1iNmFcof4Pjo4UIeMyQ1-gVgNXqU6ue6s8uXFzEp0" width="536"/>
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<div class="s34">
<p data-block-key="pr7ai">
<a>
<b>
Bitcoin
</b>
</a>
is having one of those moments where the story feels more interesting than the price chart.
</p>
<p data-block-key="f1iem">
This
<a>
should have been
</a>
its big champagne-popping era, after all. The ETFs arrived. Big, moneyed institutions came in. Regulation grew friendlier. And businesses started treating bitcoin as something you could actually park on a balance sheet without anyone batting an eye.
</p>
<p data-block-key="7ftau">
And yet, bitcoin is
<i>
down
</i>
<a>
almost 28%
</a>
this year, while the S&P 500 is up around 8%.
</p>
<p data-block-key="7gb2u">
So it’s certainly a compelling time to revisit the
<a>
crypto’s outlook
</a>
.
</p>
<p data-block-key="9hhcm">
Let’s
<a>
figure out
</a>
whether this is
a rare opportunity to buy the OG crypto at a discount – or whether bitcoin is likely to flounder until a fresh wave of demand shows up.
</p>
<p data-block-key="8bk4u">
That’s today’s Insight:
<a>
bitcoin’s bull case may be starting to crack
</a>
.
</p>
<p data-block-key="qmvh">
<a>
<b>
Read or listen to the Insight
</b>
</a>
</p>
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Theodora Lee Joseph, CFA
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<mj-raw>
<span class="s21">
👀
</span>
<span class="s22">
Today's headlines
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<mj-raw>
<span class="s37">
Downshifting
</span>
</mj-raw>
</div>
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<p data-block-key="247hc">
<b>
What’s going on here?
</b>
</p>
<p data-block-key="eu7ar">
Germany’s latest factory data is another sign of higher energy prices taking their toll on Europe.
</p>
<p data-block-key="b9d5c">
<b>
What does this mean?
</b>
</p>
<p data-block-key="d7on8">
German factory orders fell 3.8% in April from the month before – far worse than the 2% decline expected. Partly to blame: consumers hitting the brakes on buying new cars
and electrical goods, as the war in the Middle East fueled inflation. And with trade tensions between Europe and the US growing, and an interest rate hike on the cards, Germany’s outlook isn’t exactly
<i>
wunderbar
</i>
… It’s predicted that Europe’s biggest economy could even experience negative growth this quarter.
</p>
<p data-block-key="e2d94">
▶ Consumers across the rest of Europe are changing their behavior in light of those high energy prices, too. Gasoline sales dropped 3.5% in April – the
first year-on-year decline since July 2024, and the steepest drop since October 2023.
</p>
<p data-block-key="8b44t">
<b>
Why should I care?
</b>
</p>
<p data-block-key="dojut">
<b>
<i>
For markets:
</i>
</b>
<i>
Inflation vs interest rates.
</i>
</p>
<p data-block-key="ebdt7">
Growth might be slowing, but inflation sure isn’t: consumer prices in the eurozone rose 3.2% in May from the same time last year. The European Central Bank wants that number closer to its 2% target, so it’s likely to push interest rates
up at its meeting on Thursday.
</p>
<p data-block-key="bgnef">
⚠️ That’s got some economists waving a big red flag. See, this bout of global inflation is coming from surging oil prices rather than an economy running hot – and hiking rates can’t conjure up more crude.
</p>
<p data-block-key="csr3m">
<b>
<i>
The bigger picture:
</i>
</b>
<i>
Not-so-precious metals.
</i>
</p>
<p data-block-key="7pui1">
Most commodities have moved higher since the war began. There’s oil (obviously), metals, sugar, the list goes
on. But precious metals are a glaring exception: gold, silver, and platinum prices are
<i>
all
</i>
now down this year.
</p>
<p data-block-key="dpj07">
▶ That’s not entirely surprising. See, assets like gold don’t pay income to their owners – so they look a lot less shiny when interest rates are high or rising.
</p>
<p data-block-key="1gdt1">
▶ At the same time, central banks – usually the metal’s biggest buyers – are selling some of their gold reserves to subsidize higher energy bills, and that’s
driving its price down.
</p>
</div>
</td>
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<div style="font-family:Inter,sans-serif;font-size:14px;font-weight:bold;line-height:1.5;text-align:left;color:#000000;">
You might also like ⇢
<a>
Five Shocking Realities About Today’s Energy Markets
</a>
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Sponsored by CoinShares
</span>
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<div class="s34">
<h3 data-block-key="2i2xv">
<b>
You don’t need another argument for whether to own crypto – you need a clean way to plug it into your portfolio without guesswork.
</b>
</h3>
<p data-block-key="7pck1">
This
<a>
guide
</a>
shows you exactly how to do that, step by step, in under five minutes:
</p>
<p data-block-key="5lk4m">
1. The simple “set-and-forget” route that lets you hold bitcoin and ether like any other fund.
</p>
<p data-block-key="jmp3">
2. The higher-octane route that aims to turn crypto’s chaos into extra returns.
</p>
<p data-block-key="arq71">
If you’re tired of eyeing every dip and then freezing, and you’d rather lock in a setup that actually
fits how you invest, this is the
<a>
one link
</a>
to open today.
</p>
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<mj-raw>
<span class="s21">
✨
</span>
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Sarah's Digest
</span>
</mj-raw>
</div>
</td>
</tr>
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<div style="font-family:Trispace,monospace;font-size:12px;line-height:1.5;text-align:left;color:#5E6984;">
What others like you are reading today...
</div>
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<td align="left" class="s40">
<div class="s34">
🖥️
<a>
Google And Nvidia Look To Intel As A Chip Backup
</a>
</div>
</td>
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<tr>
<td align="left" class="s5">
<div class="s41">
The Information says Google ordered more than 3 million TPUs from Intel for 2028 as TSMC struggles to keep up with demand.
</div>
</td>
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<td align="left" class="s40">
<div class="s34">
🔌
<a>
Amazon Signs Big Corning Deal To Wire Up US Data Centers
</a>
</div>
</td>
</tr>
<tr>
<td align="left" class="s5">
<div class="s41">
Corning will expand its North Carolina facilities and add 1,000 jobs as it supplies fiber and connectivity components for Amazon’s data center buildout.
</div>
</td>
</tr>
<tr>
<td align="left" class="s40">
<div class="s34">
🚗
<a>
Uber Opens Sign-Ups For London’s First Robotaxi Rides
</a>
</div>
</td>
</tr>
<tr>
<td align="left" class="s5">
<div class="s41">
The Wayve-powered trips would run like UberX but with a safety operator in the driver’s seat until regulators approve fully driverless service.
</div>
</td>
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<tr>
<td align="left" class="s40">
<div class="s34">
🛒
<a>
Walmart Is Holding Off Price Hikes, But Costs Are Creeping Up
</a>
</div>
</td>
</tr>
<tr>
<td align="left" class="s5">
<div class="s41">
RBC says rising fuel costs and lingering tariff refunds could shape how long the retailer can keep grocery prices steady.
</div>
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<mj-raw>
<span class="s22">
Heads Up
</span>
</mj-raw>
</div>
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<tbody>
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<td class="s11">
<a target="_blank">
<img alt="SpaceX promo" class="s12" height="auto" src="https://inboxflows.com/_/image/https%253A%252F%252Ffinimize-img.imgix.net%252Fhttps%253A%252F%252Fchivas-assets.s3-eu-west-1.amazonaws.com%252Fstatic%252Fimages%252Fimage_knbmHGM.original.png%253Fauto%253Dformat%2526fit%253Dclip%2526h%253DNone%2526ixlib%253Dpython-3.1.2%2526w%253D1200%2526s%253D58d7014e4ee38611f42dc976d174caf3/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZmaW5pbWl6ZS1pbSIsInRpbWUiOjE3ODA5NTYxMzguMjYxNDIzM30:1wWi30:aBy8vfXBoa-CxAeAqRHMlXj0sOMFsE80KUUhId9fjOk" width="568"/>
</a>
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<td align="left" style="font-size:0px;padding:0;padding-right:0;padding-bottom:16px;padding-left:0;word-break:break-word;">
<div class="s34">
<p data-block-key="aui7j">
🚀 "On Friday, Elon Musk’s rocket empire is expected to debut on the Nasdaq in an IPO that would value the company at roughly $1.8 trillion. That makes it the biggest public listing ever attempted – and, frankly, one of the most interesting..."
</p>
<p data-block-key="79h4r">
</p>
<p data-block-key="38rnv">
If you want to
find out why, our research drop tomorrow digs deep into SpaceX's 277-page IPO filing. It’s available to Pro members, so start your
<a>
seven-day free trial
</a>
to get Reda’s take on whether this wild experiment is worth it.
</p>
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<a style="display:inline-block;background:#204CE9;color:#ffffff;font-family:Inter,sans-serif;font-size:13px;font-weight:700;line-height:1.2;margin:0;text-decoration:none;text-transform:none;padding:10px 25px;mso-padding-alt:0px;border-radius:1000rem;" target="_blank">
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<td align="left" class="s35">
<div class="s20">
<mj-raw>
<span class="s21">
🖋️
</span>
<span class="s22">
Quote of the day
</span>
</mj-raw>
</div>
</td>
</tr>
</tbody>
</table>
</div>
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<tbody>
<tr>
<td align="left" class="s5">
<div class="s34">
<strong>
"No one is dumb who is curious. The people who don't ask questions remain clueless throughout their lives."
</strong>
– Neil deGrasse Tyson (an American astrophysicist)
</div>
</td>
</tr>
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<tbody>
<tr>
<td align="left" class="s35">
<div class="s20">
<mj-raw>
<span class="s21">
🎯
</span>
<span class="s22">
On Our Radar
</span>
</mj-raw>
</div>
</td>
</tr>
</tbody>
</table>
</div>
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<![endif]-->
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<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="" width="100%">
<tbody>
<tr>
<td align="left" class="s33">
<div class="s34">
<p data-block-key="aaghi">
<b>
1. Stickier inflation.
</b>
Resin is a critical component of loads of electronics – and a
<a>
shortage of it
</a>
is about to gum up the works.
</p>
<p data-block-key="epgoo">
<b>
2. Okay, Zoomer.
</b>
Despite the rise of “ethical
non-monogamy”, GenZ is falling back in love
<a>
with one partner
</a>
.
</p>
<p data-block-key="idhv">
<b>
3. One dog at a time.
</b>
How pet ownership is
<a>
changing culture
</a>
in Nigeria.
</p>
</div>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
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<![endif]-->
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<table border="0" cellpadding="0" cellspacing="0" class="s4" role="presentation" width="100%">
<tbody>
<tr>
<td align="left" class="s5">
<div class="s34">
Stay classy, Sarah 😉 This issue of the Daily Brief was curated by
<a style="color:inherit;font-weight:inherit">
Russell
</a>
and
<a style="color:inherit;font-weight:inherit">
Linda
</a>
. Got an idea? A question?
<a>
Get in touch
</a>
.
</div>
</td>
</tr>
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<![endif]-->
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<![endif]-->
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<tbody>
<tr>
<td style="direction:ltr;font-size:0px;padding:0 16px;text-align:center;">
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<table border="0" cellpadding="0" cellspacing="0" class="s4" role="presentation" width="100%">
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<td align="left" class="s35">
<div class="s20">
<mj-raw>
<span class="s21">
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THAT WAS GREAT FOR US... HOW WAS IT FOR YOU?
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🔥
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👍
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Just alright
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2 weeks, 6 days ago - hello@finimize.com
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