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finance and markets · the day's top 10 · june 12th
storyflo · finance and markets
Jun 12, 2026 · 1 min listen
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finance and markets · the day's top 10 · june 12th
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The current market conditions are characterized by mass panic and maximum fear, which is seen as a precursor to an incoming rally. This combination of emotions is considered a perfect recipe for a potential upward trend. The focus remains on the key aspect that matters, which is the structure of the market.
Staying disciplined and focused is crucial in this environment, as panic is not being rewarded at this time. The emphasis is on maintaining a calm and composed approach, rather than giving in to emotional decision-making.
The overall expectations for the market remain bullish, indicating a positive outlook for the future. This suggests that despite the current climate of fear and panic, there is still a sense of optimism about the potential for growth and upward movement.
The preparation for this moment has been ongoing since February 5th, 2026, with a focus on allocating resources in the correct areas. This careful planning and attention to detail are intended to help navigate the current market conditions and capitalize on potential opportunities.
The structure of the market is the primary area of focus, with an emphasis on understanding and analyzing its underlying dynamics. By staying focused on this key aspect, it is possible to make more informed decisions and avoid getting caught up in the emotional turmoil of the market.
El NUPL, un indicador que mide el optimismo y pesimismo del mercado de Bitcoin, ya no muestra los extremos de euforia y capitulación como lo hacía en ciclos anteriores. En los últimos años, las “montañas” y “valles” del NUPL se han aplanado: la euforia nunca alcanza niveles altos y la caída profunda bajo cero es rara, lo que sugiere que el suelo del precio no será visible de forma clara.
Este cambio se debe a la transformación del ecosistema: ya no son solo mineros y traders minoristas, sino ETFs, tesorerías corporativas y capital institucional que operan bajo mandatos de rebalanceo y con menos pánico. Estos actores añaden un colchón de manos que no venden en pánico, reduciendo la volatilidad del NUPL y manteniendo grandes cantidades de Bitcoin fuera del mercado, incluso cuando el precio baja.
El NUPL también agrupa a todos los holders, sin distinguir entre quien compró hace semanas o años, por lo que puede indicar una zona “sana” pese a que muchos inversores minoristas estén en pérdidas. Por eso, esperar una señal de capitulación para confirmar que se ha hecho suelo puede llevar a llegar demasiado tarde.
Para superar esta limitación, CriptoATH propone usar un NUPL segmentado por cohortes de edad, cruzado con otras capas de valoración, minería, suministro y comportamiento. Esta herramienta, junto con una tabla de confluencia y tres señales de compra, permite identificar un posible suelo invisible y guiar decisiones de inversión en el nuevo entorno institucional.
The political arm of the Congressional Hispanic Caucus is quietly putting massive sums into helping the group's chair, Rep. Adriano Espaillat (D-N.Y.), win his primary, Axios has learned. Why it matters: The spending signals how much peril Espaillat's allies think he is facing from democratic socialist challenger Darializa Avila Chevalier. - A newly released Data for Progress poll commissioned by Justice Democrats, a group supporting Avila Chevalier, has her leading Espaillat 39% to 35%, according to Semafor. - The race in New York's 13th District, which covers parts of Upper Manhattan and the West Bronx, has attracted huge independent expenditures from outside groups and national media attention. Driving the news: Rep. Linda Sánchez (D-Calif.), who chairs the CHC's BOLD PAC, told Axios in a brief Capitol Hill interview Wednesday that the group is "heavily invested" in helping Espaillat secure reelection. - Sanchez confirmed in a follow-up interview that her group is routing most of its spending through another PAC, BOLD America. - That group was launched in 2023 by New Mexico Gov. Michelle Lujan Grisham and former Reps. Lucille Roybal-Allard (D-Calif.) and Filemon Vela (D-Texas) to help elect Hispanic Democrats to Congress. By the numbers: BOLD America is, by far, the largest spender in the primary, having invested more than $2.5 million in the race, according to its FEC filings. - Avila Chevalier's biggest outside backer, pro-Palestinian super PAC American Priorities, has reported spending $500,000 on the race so far. - BOLD PAC itself said in filings it has only spent around $230,000 in the 13th District. Between the lines: The race has gotten bitter, with Espaillat's campaign, BOLD America, and other Espaillat-aligned groups running ads seizing on inflammatory past social media posts from Avila Chevaliar. - Avila Chevalier has leaned heavily into her endorsement from New York City Mayor Zohran Mamdani. - Said the mayor in one new ad: "Darializa reunited families separated by ICE, and she's on the front lines of our fight for a city we can all afford. I'm proud to endorse her for Congress." Asked about BOLD America's spending on his behalf at the Axios AM Live Summit on Tuesday, Espaillat pointed to Texas businessman Hussein Mahrouq's financial support for American Priorities. - "We've got to have campaign finance reform ... because as long as we have Citizens United, you'll have an unlimited amount of money coming in from a bunch of places," the Hispanic Caucus chair added. What's next: Early voting in New York begins June 13, with primary day set for June 23.
The Kennedy Center plans to appeal a judge's order requiring President Trump's name to be removed from the performing arts center, according to multiple reports. Why it matters: An appeal could extend the controversy over Trump's name and the future of the famed center. Driving the news: The board of trustees appointed by Trump voted to pursue the appeal ahead of U.S. District Judge Christopher Cooper's Friday deadline to remove the signage from the building in Washington, D.C., CNN first reported. - Cooper sided with a lawsuit brought by Rep. Joyce Beatty (D-Ohio), an ex officio member of the Kennedy Center Board of Trustees, ruling ruling last month that the board had "overstepped its statutory bounds by unilaterally renaming the Kennedy Center after President Trump." State of play: The center had indicated it would adhere to the ruling, this week removing Trump's name from its website and social media accounts. - Spokesperson Roma Daravi told the Washington Post: "We are complying with the court's order while evaluating all legal options to preserve this revitalization and recognize President Trump's leadership." - Representatives for the Kennedy Center did not immediately respond to Axios' request for comment. Editor's note: This story has been updated with additional details throughout.
- Taylor Swift and Travis Kelce are reportedly planning to marry at Madison Square Garden in New York. - Although it could be a red herring, the venue choice would be on-brand for Swift, PR pros say. - The venue is recognizable and accessible, allowing fans to feel closer to Swift's love story. No serious Taylor Swift fan would say "Welcome to New York" is her most romantic song, but in a fascinating twist of fate, that may be the song that best describes her long-awaited wedding day. At the very least, the flashy pop hit — "The lights are so bright, but they never blind me!" — sums up the speculation and anticipation mounting in the weeks leading up to Swift and Travis Kelce's rumored nuptials, which reports indicate will take place over the July 4 weekend in New York City. According to TMZ and Page Six, Swift and Kelce aren't just planning to get hitched in the city that never sleeps, but in one of its most iconic and central landmarks: Madison Square Garden, home of the New York Knicks and host to some of the biggest headliners in the music industry, including Swift on several occasions (though not often since her crowds swelled to stadium-sized). Intimate? Not exactly. The arena fits over 20,000 people, and TMZ reports that over 1,000 people have been invited to watch Swift and Kelce become husband and wife. (Of course, this is all tabloid speculation as of now: Swift, Kelce, and Madison Square Garden reps didn't reply to our request for comment, and the couple so far has not publicly confirmed details of their wedding plans.) But this venue choice, if real, would hardly be surprising. Swift has never been one to shy away from pomp and circumstance. Even if the MSG plan turns out to be a red herring, planted to prevent the public from flocking to the real venue, the breathless speculation — and free publicity, of course — is at least partially the point. As Swift herself said in 2023, when it comes to navigating her celebrity, only one question is truly relevant: "Are you not entertained?" "It's on-brand, whether we like it or not, whether it's the actual story, or whether it's a ruse," Tara Goodwin, a PR expert and founder of Goodwin Consulting, told me. "Taylor Swift is the queen of creating anticipation," Goodwin added. "She's making the suspense almost better than the actual event for her fans." Although Swift is one of the most celebrated and influential entertainers in the world, she's also one of the most polarizing. Skeptics deride Swift as corny, self-absorbed, and overly optimized for consumption, while die-hard fans insist that everything she does is brilliant and momentous. Swift's wedding will be subjected to the same debate, wherever it takes place — but perhaps nowhere more so than in "The World's Most Famous Arena." It would be an obvious ploy for maximum attention to stage her big day on the busy streets of Manhattan, and on the 250th anniversary of Independence Day weekend, no less. It would also transform an occasion for romance into a flashpoint for hyper-consumerism. It's all too easy to imagine, as the happy couple recites their vows, a swarm of vendors hawking bootleg "Tayvis 4ever" merch up and down Broadway. What's conjured is hardly a picture of prestige and beauty, but of mass appeal. However, in the words of Ryan McCormick, cofounder and managing partner at Goldman McCormick PR, getting married at MSG would also be an "unprecedented" power move. "Whatever Ms. Swift has done, she has been immensely successful, and whatever intuition she has followed, it seems to be working remarkably well," McCormick said. "Would this be successful for another musician? No, I don't think so," he added. "She's in a league of her own, and she basically can write and script her own reality. No one else can do that." Indeed, nothing is more on-brand for Swift than meticulous image management. The high-security infrastructure of MSG would grant Swift and Kelce full control of the narrative — the arena's closed roof and windowless walls would prevent paparazzi from sneaking a shot, and the underground parking allows A-listers to come and go unseen — all while creating the illusion of closeness and accessibility. After all, this isn't a far-flung villa in the European countryside, or an exclusive resort for Hollywood stars that most people will never see with their own eyes. MSG hosts hundreds of events and millions of people every year — even Swift herself sat courtside at Game 4 of the NBA finals on Wednesday. After July 4, if the wedding rumors are true, the next time a Swiftie finds themselves in the nosebleeds, they can wistfully think to themselves, "This is where Taylor and Travis got married." "It's a way to let fans be part of her love story," Goodwin said. "She's always tried to do that with her concerts, with her outreach, with the Easter eggs that she drops.
- I was able to purchase two World Cup tickets for $300 each after winning the FIFA lottery. - A friend sold his tickets and made a hefty profit, but experienced a bit of seller's remorse. - I could make some serious money, but I'm holding on to my tickets. When the email arrived that I'd won the FIFA lottery, I felt like I'd beaten the system. I had scored tickets to the 2026 World Cup, which were widely predicted to cost a fortune. My plan was simple: I'd pay a reasonable price for two tickets to the first group stage match in Miami, invite a lifelong friend, and scratch the ultimate milestone off my sports bucket list. Then, the siren song of late capitalism got in the way. After explaining my plan to a buddy, he sounded skeptical. "You know, I heard Juanes sold his tickets," he said. "Made like three grand." Really? I waited a week before checking StubHub. Sure enough, my $300 apiece tickets were selling for over $1,000. As a writer and adjunct professor, I'm not exactly swimming in liquid cash. Stadium parking starts at $175. God knows what a beer will cost once you're inside. It's probably smarter to flip them for a mortgage payment, groceries, and peace of mind. Right? The temptation to cash out is real. But I'm holding firm. FIFA entered the tournament armed with dynamic pricing, which allows prices to surge based on demand. (Because nothing says "the beautiful game" like yield management software.) The results were predictable — the secondary ticket market went completely unhinged. Early group stage tickets have been averaging between $380 and $4,000. There's a $2,500 cover charge for Colombia vs. Portugal in Miami, and it's $2,700 to watch Messi's Argentina. If a fan from Argentina wants to see all three group stage games, the cost is around $10,000 for tickets and travel. And one ticket to the final will set you back between $11,000 and $33,000. Cue the public outrage. Headlines were peppered with terms like "price gouging" and "sticker shock." The backlash grew so fierce that the attorneys general of New York and New Jersey launched an investigation, subpoenaing FIFA for transforming the ticket-buying process into a "gauntlet of confusion, fake scarcity and impossibly high prices." Investigators said FIFA inflated ticket prices for over 90 of the tournament's 104 matches, spiking costs by an average of 34%. Through all this tumult, my plan hasn't changed. They announced the match schedule; I drew Uruguay vs. Saudi Arabia. No clash of the titans, but it's got sleeper-hit potential. Uruguay punches above its weight, and Saudi Arabia famously upset Argentina in the last World Cup. Ultimately, I just want to go to the World Cup without getting fleeced. Is that so much to ask? Maybe I'm just old-fashioned. I played college soccer and have chased pickup games for decades in New York, Berlin, and Miami. I set alarms for 7 a.m. on Saturdays to watch the Premier League and have flown across the pond to watch my beloved Tottenham Hotspur. But these never felt like cold financial decisions. Now, everything about the game feels transactional. Hundred-million-dollar transfers. Algorithmic pricing. Clubs defined by their oligarchs. I can remember going to Cincinnati Reds games with my dad, premium seats for $8. I'm not sure when just buying a ticket and going to a ball game became the contrarian position. This all brings me to the man who started my whole dilemma. My buddy Juanes — no, not the Colombian pop star — is an Ecuadorian-American who's deeply into football. He's the kind of guy who quantifies his relationships by ticket-price tolerance. "My wife isn't that big of a fan. She's a $150 ticket type of fan, not a $450 ticket type of fan. That's me." I was on Miami Beach with Juanes, juggling a football while talking football. Juanes had won a marquee draw: Brazil vs. Scotland in Miami. So he did what even die-hard fans do in 2026: he hedged. While mentally auditioning family members as his plus-one, he listed the tickets at a reserve price that would yield a healthy profit. They sat unsold for weeks. Eventually, he zeroed in on the obvious choice: his father. One afternoon, after a long sauna session, Juanes broke the good news. His dad was touched. They hugged, and Juanes went to sleep envisioning classic father-son bonding over World Cup glory. The next morning, an email arrived. His $900 pair of tickets had automatically sold to a high bidder for around $4,000. Even though he netted a cool $2,500 profit after FIFA's double-dipping 15% transaction fee, the financial win came with a heavy dose of seller's remorse. In retrospect, he confesses that his main regret is not investing more in lottery tickets to scale the profit. But his experience was my ultimate cautionary tale, proof that some experiences are worth protecting from market distractions. So, I'm keeping my tickets.
Inflation surged past 4 percent in May, the first time it’s topped that level since 2023, while overall private‑sector wage growth lagged at about 3.4 percent for a second month in a row. That gap means most workers are seeing their purchasing power erode, but a handful of industries are still managing to raise pay faster than prices.
The information sector stands out, with wage growth more than a percentage point above inflation. However, employment in that field has slipped 11 percent from its late‑2022 peak and is down another 1 percent since January, suggesting that the higher average earnings may be driven by cuts that disproportionately affect lower‑paid staff. Private education and health services, while posting the weakest wage gains, added the most jobs last month—about 610 000 net, most of it in healthcare—highlighting a mismatch between job growth and pay increases.
Utilities and construction are the other two sectors where wages are outpacing inflation. Both are experiencing hiring surges as labor supply tightens, pushing firms to raise wages to attract candidates. In utilities, steady employment growth since 2021 reflects rising electricity demand, while construction benefits from projects like data‑center builds that boost labor needs.
Even in sectors where pay is rising faster than prices, the gains aren’t evenly distributed. Some workers receive no annual raise at all, and others get increases that still fall short of inflation. As a result, higher average wage figures can mask the reality that many employees remain squeezed by rising costs.
- US soldiers are using a new app to calculate mortar fire-control solutions. - The app replaces older software that had become harder to update. - It can run on phones and tablets, and soldiers are picking it up quickly. Soldiers are using a new Mortars App that makes it easier to plan and control mortar fire from tablets or smartphones. Mortars are man-portable indirect fire weapons that lob explosive shells at high angles onto targets that the crews often cannot see directly, making fire-control calculations — the math that soldiers use to aim and adjust each shot — important. Running the numbers quickly is also important. The new app, which came after years of development and replaced outdated legacy programs, was designed to be intuitive, portable, and easy to update. Troops are already embracing the system, picking it up with little training and offering feedback for future upgrades, according to a press release from Picatinny Arsenal. The Mortars App was originally introduced three years ago as a replacement for the Mortar Fire Control Software and the Lightweight Handheld Mortar Ballistics Computer, both legacy systems that were tied to older, bulkier platforms. The app lets soldiers calculate fire-control solutions from devices as small as Samsung phones, reducing the amount of equipment troops need to carry. Picatinny Arsenal said the app's development came as the Pentagon recognized that its previous mortar fire-control systems were becoming outdated or difficult to transport and use. There were also technical issues with the systems because departing developers were taking their institutional knowledge with them. Early on, developers tried to build an Android version using legacy systems, but it fell short. Active planning for the current Mortars App began in 2020, and a workable iteration was available to soldiers for download and use by 2023. That version of the app was considered better than the previous attempt but still flawed. Further modifications led to another iteration of the app, which finished formal testing in 2024 and was cleared for full release in March of this year. It's currently the standardized software for M32A2 fire control across Army mortar units. Per the release, feedback from troops has suggested the app is easy to use. The 82nd Airborne Division, for example, was able to pick up the Mortars App with little training. Soldiers have also said the app is both modern and intuitive while still rooted in the processes of legacy systems, meaning there's not much of a learning curve. As the app continues to grow its user base, US Army Combat Capabilities Development Command is able to push out updates and improve user experience. The app can also be used across devices. The Mortars App is one example of how the Army, as well as the broader US military, is embracing Silicon Valley-style development practices for new weapons and technologies, increasingly moving legacy systems to apps and programs. The Army's work on its new command and control system has similarly broken functions such as fires, ammunition, and supply tracking into software tools soldiers can use in the field. Read the original article on Business Insider
- Living with my adult children has changed my approach to parenting. - Sharing a home with grown kids requires new boundaries and flexibility. - Some of my favorite moments now are late-night conversations with my daughter. There's a world of difference between raising a teenager and cohabiting with a verified adult. But sometimes they need to come back home, just like mine did. My own kids were eager to get out of the house and set up their own homes. Right now I'm sharing space with a mid-20s kid who is desperately trying to accumulate enough money to move into her own apartment. Despite her desire to be on her own, we get along beautifully and enjoy one another's company. I've been living with my adult children on and off for several years, and the situation remains fluid. For example, I've been back and forth about asking them to pay rent. At one point the rule was that if you lived at home and were in school it was free to stay here and if you were out of school you paid (fairly minimal) rent. I wanted them to feel a little pressure to get it together, make some money, act like the responsible adults they wanted to be. At this point I know my daughter is good with money, and I'd rather she saved it for her eventual move, so she doesn't have to pay to live here. Setting a standard is important, but then again so is flexibility. The part of rooming with your grown-up kids that's challenging for a lot of us is recognizing that they are, in fact, adults. Which means that if they're over 21 they can drink if they want to, or ingest cannabis if that's legal where you live. They can come and go as they please. Of course we require basic respect, as we would of any roommate, but you don't really get to set the rules of behavior anymore, at least when they're outside of the house. It's so tempting sometimes to just tell them what to do. Obviously I want my children's happiness above all else, but it's not my job to secure it for them. I've moved from a parenting role to more of a coaching model. We talk through their options and I keep my mouth shut once they've made their decisions. It's not my business, but it's really hard to keep my thoughts to myself when they aren't welcome. I'd do anything for my kids, and sometimes I forget that doing for them isn't helping them develop their independence. The big difference between living with my kids versus living with another adult is that I am prone to extreme empathy with the kids (call me an emotional pushover). I listen to way more complaining than I'd put up with from anyone else and I have a tendency to drop what I'm doing when they need me to listen to their difficulties or help them with tasks. Honestly one of the biggest challenges I have living with my kid right now is that she's a total night owl. She's at her entertaining prime right around the hour I'm trying to get to bed. I've relinquished many hours of sleep talking about movies, the state of the world, the ins and outs of the music industry, who's who in the world of track and field — you name it. These hours are among the sweetest of my life. Someday she'll be gone, ensconced in her own little home, and as I brush my teeth I'll miss her following me around the house, dropping nuggets of comedy gold, letting me peek into her heart and her brain. I'm so grateful to have had this extra time with her. I've made it clear to both of my kids that there is always a home for them with me. I think I've managed to raise really smart, kind, capable people. And I guess that's the secret to having a really great relationship with your live-in adult kids; raise them to be good roommates and you may reap the benefits yourself. Read the original article on Business Insider
- Tanium, a $9 billion cybersecurity startup, lost five top executives. - Tanium's legal, people, marketing, and information security chiefs departed. - Tanium's IPO plans remain uncertain, and the company has stayed private since its founding in 2007. The cybersecurity startup Tanium, which was last valued at $9 billion, recently underwent a leadership reshuffle after losing five top executives. Tanium, based in the Seattle area, was founded in 2007 and has stayed private since then. It has raised nearly $1 billion, according to PitchBook, and is backed by investors such as Andreessen Horowitz, TPG, and Salesforce Ventures. Tanium hired its chief financial officer, Marc Levine, in 2021 to conduct a "readiness assessment" for an initial public offering. Several employees and executives had left Tanium in the past few years over uncertainty about whether the company would ever go public, Business Insider previously reported. The departures mark another period of uncertainty for one of tech's longest-running IPO candidates. Now, with several senior leaders gone and new executives cycling into key legal, people, and strategy roles, the company faces fresh questions about its next chapter and whether an IPO is still part of it. Tanium's chief legal officer Brady Mickelsen, chief people officer Tobias Julén, and chief information security officer Chris Hallenbeck left the company in May, according to their LinkedIn profiles. Mickelsen now has the same role at DigitalOcean, and Julén now works at StillFront as chief human resources officer. Julén said his departure was a "mutually agreed decision based on my desire to remain located in EMEA and have more sustainable working hours," and that he has "only positive things to say about the company and all the people I have worked with there." Tanium's chief marketing officer, Tara Ryan, no longer appears on the company website. She and Mickelsen were listed on the website in early June, according to the Wayback Machine. Ryan did not respond to a request for comment. Tanium also brought on a new chief people officer, Carol MacKinlay, who was hired in April and has since resigned. MacKinlay says she resigned due to a sudden issue with her family. "I feel sorry that I left them in a lurch, but family has to come first. Great company with a great trajectory, and I wish them the best," she said. Since then, Russ Evans has been promoted to chief legal officer, and Shannon Rosales Mirani is the interim chief people officer. Paul Black also joined as the chief information security officer in May. The website does not list a chief marketing officer. In May, Tanium also promoted Ben Stein, previously senior vice president of global operations, to chief strategy officer. "Like all responsible companies, Tanium continues to adapt our approach, as well as our team, to best serve our customers and partners," a Tanium spokesperson said. "We will continue to evolve to meet the needs of our constituents — and best serve them at a time when they need us most. We are confident in our experienced team at the helm, our momentum, and our ability to continue driving innovation and value for our customers and partners." Last year, Tanium cracked down on its return-to-office policy in an unusual way by withholding some equity grants from employees who don't comply, Business Insider previously reported. Have a tip? Contact this reporter via email at rmchan@businessinsider.com, or Signal at rosal.13. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely. Read the original article on Business Insider
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