Bitcoin Nears Major Low as Elliott Wave and Momentum Divergences Signal Reversal
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Bitcoin Nears Major Low as Elliott Wave and Momentum Divergences Signal Reversal

In our April update, we found, using the Elliott Wave Principle (EWP), that Bitcoin () would ideally rally to $82,612- $84,339 before another decline. BTC topped at $82,813 on May 6 and hit a new low at $57,739 today. So far, so good; see Figure 1 below. The recent decline is best counted as a…

ETF League Tables: SPDR Sheds .4B
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ETF League Tables: SPDR Sheds $8.4B

Issuer AUM ($, mm) Net Flows ($, mm) % of AUM YTD 2026 Net Flows($,M) BlackRock, Inc. 4,563,526.69 381.60 0.01% 300,691.75 Vanguard 4,474,685.09 213.54 0.00% 259,730.71 State Street 1,736,759.15 -8,311.16 -0.48% 26,894.24 Invesco 975,369.65 -3,881.43 -0.40% 49,040.62 Charles Schwab 579,748.34 525.71 0.09% 33,892.57 JPMorgan Chase 326,160.28 379.51 0.12% 37,353.83 Dimensional 297,832.11 387.00 0.13% 26,371.39 First…

Weakness in Chipmakers Drags Stock Indexes Lower
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Weakness in Chipmakers Drags Stock Indexes Lower

The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.22%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.54%.  September E-mini S&P futures (ESU26) fell -0.21%, and September E-mini Nasdaq futures (NQU26) fell -1.57%.  Stock indexes settled lower on Wednesday, with the S&P 500 falling from a…

Japan’s Biggest LNG Buyer Creates Long-Term LNG and Lower-Carbon Fuels Company
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Japan’s Biggest LNG Buyer Creates Long-Term LNG and Lower-Carbon Fuels Company

Japan’s JERA is creating a wholly-owned subsidiary to develop and manage its LNG, upstream, low-carbon fuels, and shipping businesses, the biggest Japanese LNG importer and largest power producer said on Wednesday. The new company, JERA Global Energy Solutions (JERA GES), will be the Japanese utility giant’s response to increasingly volatile and complex energy markets. JERA…

Crypto Market Nearing a Potential Turning Point as Altcoins Show Signs of Strength
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Crypto Market Nearing a Potential Turning Point as Altcoins Show Signs of Strength

The AI-led rally on Wall Street extended into Asia, with semiconductor stocks driving another leg higher in global equities. Risk-on sentiment remains intact, which could keep stocks in recovery mode and provide a supportive backdrop for digital assets. With the beginning of July, we could see increased volatility as investors await speeches from several major…

FedEx sells supply chain unit to CMA CGM for .4B
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FedEx sells supply chain unit to CMA CGM for $1.4B

France-based container shipping and logistic giant CMA CGM Group has agreed to acquire FedEx Supply Chain, the contract logistics arm of FedEx Corp., for $1.4 billion in enterprise value, the companies announced on Wednesday. The acquisition, expected to close later this year, would nearly triple the size of the North American contract logistics operations of…

Nike flags sales, China weakness amid turnaround efforts
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Nike flags sales, China weakness amid turnaround efforts

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Continued weakness in China, inflationary pressure on consumers and the war in the Middle East contributed to flat sales for sportswear brand Nike in its fourth quarter of 2026, coming as…

Stocks Fall on Weakness in Chipmakers and AI Stocks
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Stocks Fall on Weakness in Chipmakers and AI Stocks

The S&P 500 Index ($SPX) (SPY) today is down -0.47%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.09%.  September E-mini S&P futures (ESU26) are down -0.40%, and September E-mini Nasdaq futures (NQU26) are down -0.99%.  Stock indexes are under pressure today as chipmakers and AI stocks fall…

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