Tinsel Talks Finance - May 18, 2026

Tinsel Talks Finance - June 29, 2026

The U.S.-Iran situation continues to evolve, with fresh strikes on Saturday and retaliatory attacks on U.S. bases in Bahrain and Kuwait. Oil prices have retreated to a two-week low. U.S. equities closed the week lower, with technology leading the decline. The Federal Reserve faces the dual challenge of persistent inflation and geopolitical risk. The next Fed meeting is on July 29th, and U.S. markets close early this Friday for the Independence Day holiday.

Tinsel Talks Finance - June 26, 2026

Micron crushed Q3 earnings with $41.46 billion in revenue, driven by surging AI memory demand, sending its shares up over 15%. Apple and Microsoft announced major price hikes on hardware like MacBooks and Xbox consoles, citing soaring memory chip costs. U.S. PCE inflation rose to 4.1% in May, hitting a three-year high and fueling concerns about potential future rate hikes. Oil prices dropped below $70 per barrel as progress in U.S.-Iran peace talks eased fears of Middle East supply disruptions. Asian stocks plunged, with Japan's Nikkei falling nearly 5%, as investors took profits from recent AI and tech rallies.

Tinsel Talks Finance - June 25, 2026

Micron Technology's massive Q3 earnings ($41.46 billion) and $50 billion Q4 guidance sparked a major rally in tech and semiconductor stocks, reigniting the AI investment trade. The May PCE inflation report came in hotter than expected, with core PCE hitting 3.4%—the highest reading since October 2023. The Federal Reserve held interest rates steady at 3.50%-3.75% in mid-June, but new Chair Kevin Warsh's first policy decision shifted market expectations toward a potential rate hike. Brent crude oil prices fell below $74 per barrel, reaching their lowest level since the start of the Persian Gulf conflict, despite U.S. inventories dropping to their lowest since 1984. U.S. stock futures rebounded on Thursday following Wednesday's tech selloff, while gold prices remained near $4,300 as investors sought safe-haven assets amid geopolitical and inflation concerns.

Tinsel Talks Finance - June 24, 2026

Global markets digest a semiconductor-led tech selloff, the Fed holds rates but signals possible hikes ahead, SoftBank pursues a major energy acquisition for its AI ambitions, SpaceX stabilizes after a volatile public debut, China's refiners cut output to a nine-year low amid supply disruption, and the US opens a trade probe into German drug pricing.

Tinsel Talks Finance - June 23, 2026

Global markets face pressure as a tech sell-off drags US futures lower and South Korea’s Kospi plunges over 6%, while SpaceX shares continue to tumble post-IPO. The US has waived Iran oil sanctions for 60 days and will release $12 billion in frozen funds amid nuclear talks, though shipping in the Strait of Hormuz has stalled again. Bank of America has sharply pivoted to a hawkish stance, forecasting three Fed rate hikes in 2026 as inflation worsens, while Goldman Sachs outlines hedges for a rate-shock scenario. In corporate news, global M&A activity is on track to reach $4 trillion in 2026, and Meta has invested $900 million in Indian fintech Cred while hiring its founder to lead WhatsApp. Elsewhere, former Fed Chairman Alan Greenspan has died at age 100, UK Prime Minister Keir Starmer has resigned, and China’s 618 shopping festival reveals persistently weak consumer spending.