June 2026 – Page 191

US Dollar Index Hits New High for 2026 Above 101 in Risk-Off Trading Session

The greenback surged as investors fled volatile AI stocks into safe-haven dollar assets, boosting USD to its strongest level this year.

The California pension fund’s chief is breaking down traditional asset class walls with a ‘total portfolio’ approach to managing $600B.

The pace of AI model releases in 2026 has accelerated dramatically with over 300 models released across OpenAI, Google, Anthropic and others.

Elon Musk’s space company experienced its sharpest intraday swing since going public as AI trade fears spread to all tech sectors.

SMCI shares jumped sharply in pre-market trading after the analyst cited AI server demand and improved supply chain stability.

The logistics giant posted improved earnings but warned that Trump tariff uncertainty and inflation could weigh on global freight volumes.

The move reflects the liquidity challenges facing private credit vehicles as investors seek exits amid rising interest rate uncertainty.

The GPU cloud company is aggressively expanding infrastructure to meet surging enterprise AI demand amid a race for compute resources.

OpenAI’s Astral acquisition positions it to compete directly with Cursor and GitHub Copilot as the AI coding tools market consolidates.

The film was abandoned after Amazon’s $50B OpenAI investment deal, raising conflict-of-interest concerns about releasing an unflattering depiction.