US Stocks: Semiconductor and Storage Sector Down in Early Trading, Western Digital and Seagate Drop Over 3%

June 10 — Goldman Sachs analyst James Yaro is reaffirming a Buy rating on Robinhood (NASDAQ: HOOD) and raising the stock’s price target to $108. TipRanks data shows Yaro boasts a 56.8% success rate over the past 12 months, with an average 8.6% return for his covered equities. Per Bitget market data, Robinhood shares are up 5.48% intraday at $88, still roughly 23% shy of Yaro’s $108 price target. Robinhood’s May operational results were solid: its stock trading volume reached $315 billion, climbing 27% month-over-month and 75% year-over-year, highlighting sustained growth in its core business. Further signaling bullish momentum, Director Meyer Malka’s affiliated fund has made multiple purchases totaling over $55 million in the past week, reflecting strong market confidence in the stock.

On June 10, Arkham Monitoring data shows Grayscale transferred a total of 19,548 ETH to Coinbase Prime over nearly one hour, with the transfer valued at roughly $32 million.

June 10. Right as moves that rattled index fund investors and U.S. retirement savers unfolded, S&P Dow Jones Indices just announced SpaceX qualifies for fast-track inclusion in some of its indices. That said, S&P is already aligning with competitors on this trend. Beyond S&P itself, other independent index providers have tweaked rules to let mega-IPOs like SpaceX land in their indices quickly. FTSE Russell rolled out a new fast-track rule recently: eligible mega-cap firms (SpaceX being a key example) can join its Russell 1000, 2000, 3000 and FTSE Global Equity Index Series just 5 trading days after going public, with eligibility mostly hinging on market cap. Nasdaq followed suit too, especially for the Nasdaq 100, with new fast-entry rules that let mega-IPOs like SpaceX get added roughly 15 trading days post-listing. This forces ETFs and funds tracking the Nasdaq 100 to snap up large blocks of shares in a tight window. More recently, S&P Dow Jones Indices made small rule tweaks to so

BREAKING: June 10 – A U.S. government-controlled address linked to the FTX/Alameda bankruptcy case transferred 98,589.87 LINK tokens (valued at roughly $769,000) to Coinbase Prime, per on-chain analytics platform Arkham Data, just five minutes ago.

June 10: On-chain investigator Specter has issued a security advisory flagging a potential exploit in an older liquidity pool of Solana’s DeFi protocol Raydium. The attacker stole approximately $1.34 million worth of assets—including USDC, RAY, and wSOL. The hacker then transferred the stolen funds to Ethereum via a bridge before depositing them into Tornado Cash to protect their privacy.

June 10. A new article from The Wall Street Journal’s Nick Timiraos—widely nicknamed the "Fed Whisperer" for his granular coverage of central bank policy—argues the May consumer price index (CPI) report hasn’t offered a clear signal for the Federal Reserve’s next policy moves. While core inflation cooled modestly in May, that single-month improvement is overshadowed by higher headline inflation readings and a firmer overall demand backdrop. Timiraos notes a pause in interest rate hikes would require a sustained string of cooling data points, not just one standout soft print this month. More critically, the forces driving price increases have shifted. Tariffs are no longer the main culprit; instead, inflation is being fueled by a triple combo: energy price shocks, capital expenditure demand from the AI construction boom, and wealth effects. This layered pressure is giving businesses consistent ability to pass higher costs onto consumers—harder to ignore than the tariff-driven pric