Force-Fed

Trump ‘may have to force’ Fed on interest rates, Chime shares soar 59% in Nasdaq debut, Yellen: Trump’s tariffs will hike inflation to 3% YoY, GameStop’s future is in trading cards, and AMD says its new AI chips can take on Nvidia's...

Good morning.

The Fast Five Trump ‘may have to force’ Fed on interest rates, Chime shares soar 59% in Nasdaq debut, Yellen: Trump’s tariffs will hike inflation to 3% YoY, GameStop’s future is in trading cards, and AMD says its new AI chips can take on Nvidia's

📌 Billionaires + Congress are quietly buying this $20 stock. You in? » (ad)

Calendar: (all times ET) - Full Calendar

  • Today:
    Consumer sentiment, 10:00A

  • Monday:
    None watched

Your 5-minute briefing for Friday, June 13:

BEFORE THE OPEN

As of market close 6/12/2025.

Pre-Market:

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

Previous week: 32.89%.

Market Wrap:

  • S&P 500 +0.38% (+23 pts) to 6,045 — less than 2% from record.

  • Dow +101 pts to 42,968. Nasdaq +47 pts to 19,662.

  • Oracle +13% after strong Q4; CEO projects 70% cloud growth in FY26.

  • Boeing –5% after Air India 787 crash with 242 on board.

  • May PPI up 0.1% vs 0.2% est; bond yields ease on softer inflation.

  • Trump hints tariff deadline extensions possible

  • US/China framework reached in London; vague terms await Trump & Xi sign-off.

EARNINGS

No earnings watched today.

  • Today:

My #1 AI Stock Just Hit Its Trigger Price

Tech won't survive without this company.

And Wall Street knows it—

Big money is pouring in.

I've waited months for this one to hit my buy zone…

And now it's game on.

Go here for the ticker before it spikes »

HEADLINES

Donald Trump said he “may have to force” the US Federal Reserve to change interest rates after labelling its chair Jerome Powell a “numbskull”.

The San Francisco-based company's stock opened at $43, compared with the IPO price of $27. It was last trading at $39.90.

  • Stocks tumble, oil soars as Israel's strike on Iran roils investors (more)

  • Trump floats higher auto tariff, guts California gas-car ban (more)

  • Yellen expects Trump’s tariffs will hike inflation to 3% year over year (more)

  • US labor market losing momentum; May producer inflation comes in tame (more)

  • Dollar and other safe havens rise as Israel strikes Iran (more)

  • Dollar’s haven status faces a key test after Israel strikes Iran (more)

  • Oil prices surge 9% on heels of Israeli strikes (more)

  • AMD says its new AI chips can take on Nvidia's (more)

  • US says China's Huawei can't make more than 200,000 AI chips in 2025 (more)

  • GameStop’s future is in trading cards, CEO Says (more)

  • Private equity’s roll-up playbook faces $8B test (more)

DEALFLOW

M+A | Investments

  • Gordon Brothers buys UK's Poundland, to invest up to $108.5M in revival

  • FTC to impose Ad-related conditions on Omnicom‑Interpublic merger

  • Bunge nears China approval for $8.2B Viterra merger

  • Thermo Fisher plans to sell parts of diagnostics unit for $4B

  • Auto parts maker Dana to sell unit to Allison Transmission for $2.7B

VC

  • Cyera, a cybersecurity data security platform, raised $540M in Series E funding, achieving a $6B valuation

  • Nominal, a real‑time test stack for physical systems, raised $75M in Series B funding

  • Sojo Industries, an industrial automation company, raised $40M in funding

  • Antimetal, an infrastructure management automation platform, raised $20M in Series A funding

  • Piston, a cardless payments platform that connects commercial fleets and gas stations, raised $7.5M in Seed funding

  • Iterate.ai, a company empowering businesses with AI solutions, raised $6.4M in funding

  • VectorWave, an electromagnetic spectrum company, raised $2.5M in funding led by J2 Ventures and Coalition

CRYPTO

  • Coinbase partners with Shopify to bring USDC payments to merchants (more)

  • Bitcoin sinks as Israel escalates Iran standoff with airstrikes (more)

  • SEC axes Biden-era proposed crypto rules in flurry of repeals (more)

BULLISH BITES

🚨 One overlooked stock could beat Palantir returns. It's still under $20 * 

🤖 Big Tech quietly sponsors Trump’s military parade party.

🙌 After 'a long wait,' Oracle is finally having its moment.

⚾️ ‘People suck, dude’: MLB players on the impact of sports betting.

🛥 Houseboats of the rich and famous.

DAILY SHARES

What did you think of today's Briefing?

Login or Subscribe to participate in polls.

Have a comment or suggestion?
💌 Send us a message

*sponsored message

Disclaimer: Market Briefing© is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. Please conduct your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Market Briefing team. 

Reply

or to participate.