'Big Money' turns bullish

Apple stays quiet on AI, the bull case for stocks is growing, Treasury debt auctions seen as important sentiment test, Amazon to invest $20 billion in data centers, and Circle extends gains for third day in a row since blockbuster IPO...

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Market Briefing
June 10, 2025

Good morning.

The Fast Five → Apple stays quiet on AI, the bull case for stocks is growing, Treasury debt auctions seen as important sentiment test, Amazon to invest $20 billion in data centers, and Circle extends gains for third day in a row since blockbuster IPO…

📌 Legendary quant analyst Marc Chaikin says in 50 years on Wall Street, one stock cycle indicator worked better than anything else. It's been studied by Schwab, T.Rowe, Goldman, and more. And now Chaikin is sounding the alarm because this cycle indicator is pointing to March 2026 for the next big crash. Get the facts here... (ad)

Calendar: (all times ET) - Full Calendar

  • Today:
    None watched

  • Tomorrow:
    Consumer price index, 8:30A
    Monthly federal budget, 2:00P

Your 5-minute briefing for Tuesday, June 10:

BEFORE THE OPEN

As of market close 6/9/2025.

Pre-Market:

US Investor % Bullish Sentiment:
↓ 32.66% for Week of JUN 05 2025

Previous week: 32.89%.

Market Wrap:

  • Futures flat: Dow -11 pts (0.03%), S&P and Nasdaq unchanged

  • S&P ekes out small gain; Nasdaq up 0.3%, Dow flat

  • US–China trade talks resume this morning

  • Markets hopeful tariffs won’t return post-talks

  • Small business data on deck today

EARNINGS

No earnings watched today.

  • Today: 

    • GameStop $GME ( ▲ 0.09% ) - earnings of $.08 per share vs a loss of 12 cents a year ago - on $750M revenue

  • Wednesday:

  • Thursday:

Magnificent 7 Wipeout: What's Next?

The first quarter stock crash and quick recovery has many people confused. And the coming months are critical.

You need a big-picture plan... and to take specific actions starting now.

50-year Wall Street veteran Marc Chaikin recently published his full big-picture plan, which lays out – based on more than 100 years of data – exactly what you can expect in the markets this year (and in 2026, too).

- a message from Chaikin Analytics -

HEADLINES

The WWDC event focused heavily on aesthetics and design elements rather than software breakthroughs.

In the past month, several strategists have defended their S&P 500 year-end targets in the range of 6,300 to 6,500, noting that the most dire outcomes from tariffs may no longer be on the table.

  • S&P 500 ends slightly up; traders watch US-China trade talks (more)

  • Looming US Treasury debt auctions an important sentiment test (more)

  • Gold edges higher with spotlight on trade talks (more)

  • ‘Most unloved bonds’ turn routine US auction into crucial test (more)

  • Dollar slips after rally, focus shifts to US-China trade talks (more)

  • Gold drops as US-China trade deal hopes ease safe-haven demand (more)

  • US may exhaust debt-ceiling measures in mid-August, CBO says (more)

  • US ocean container imports tumble in May as China tariffs take hold (more)

  • Auto companies 'in full panic' over rare-earths bottleneck (more)

  • Morgan Stanley hunts for xAI debt buyers after Musk-Trump feud (more)

  • Apple opens its AI to developers but keeps its broader ambitions modest (more)

  • Circle stock surges 15%, extends gains for third day in a row since IPO (more)

  • Topgolf Callaway jumps 15% after director scoops up shares worth $2M (more)

  • OpenAI's annualized revenue hits $10B, up from $5.5B in December 2024 (more)

  • Warner Bros. Discovery to split into two companies amid investor pressure (more)

DEALFLOW

M+A | Investments

  • Disney to pay additional $438.7 million for NBCU's stake in Hulu

  • Quantum computing firm IonQ will purchase Oxford Ionics for $1.075 billion in stock and cash

VC

  • Guardz, a cybersecurity company empowering MSPs and IT professionals, raised $56M in Series B funding

  • Turnkey, a crypto wallet infrastructure company, raised $30M in Series B funding

  • Apis Point Energy, a provider of price risk management solutions for fuel dealers, raised $4.2M in Series A funding

  • XRobotics, a provider of kitchen robots for pizza‑making, raised $2.5M in Seed funding

  • Modii, a mobility software company, raised an undisclosed amount in Seed funding

  • Infisical raised $16M in Series A funding

CRYPTO

  • Bitcoin climbs above $110K, 'at crossroads' for next major move (more)

  • SEC Chair says working on 'innovation exemption' for DeFi platforms (more)

  • Crypto CEO accused of laundering $500M linked to sanctioned Russian banks (more)

BULLISH BITES

💥 Big study shows stocks likely to crash in 2026? *  

😣 Robinhood traders playing S&P index-guessing game get schooled.

📈 How he turned Carrier into one of America’s biggest industrial growth stories.

☠️ They travel the world—and cheat death—for license plates.

👑 You can now stay at King Charles’s favorite country retreat.

DAILY SHARES

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