U.S. May PPI Rises 6.5% YoY, Expectations Were at 6.4%

On June 11, data from Bitget showed the semiconductor sector in the U.S. stock market posted expanded gains. The Philadelphia Semiconductor Index surged over 4%. Intel jumped more than 10%, AMD rose nearly 5%, Marvell Technology advanced over 4%, and Micron Technology and TSMC each climbed more than 2%.

June 11: Per data from Bitget, the U.S. stock market opened higher and extended its gains. The Nasdaq 100 Index’s increase expanded to 1.5%, the Dow Jones Industrial Average is up 0.9%, and the S&P 500 Index rose 0.8%.

June 11 marks the official start of SpaceX’s IPO countdown, driving a rally in U.S. space-concept stocks as market investors pour capital into the space economy sector ahead of the listing. Per data from Bitget, U.S. space-themed equities are seeing broad gains across the board: Virgin Galactic (SPCE) surged more than 16%, while Intuitive Machines (LUNR), Destiny Tech100 (DXYZ), and Redwire (RDW) each climbed over 7%.

June 11: Per LookOnChain monitoring, as the 2026 FIFA World Cup nears, a newly created wallet dubbed “athelstan” dropped $478,000 to secure positions in prediction markets betting that Brazil, Colombia, Belgium, Senegal, and Morocco will win the World Cup. If any of these picks prove correct, the potential payout could be massive.

June 11, U.S. stock market opening: According to Bitget data, the Dow Jones Industrial Average edged up 0.42%, the S&P 500 gained 0.5%, and the Nasdaq Composite advanced 0.5%. Oracle (ORCL.N) slumped 11% on word that it plans to double its financing target to $40 billion for the new fiscal year. Intel (INTC.O) jumped 7% following Bank of America’s upgrade of its stock rating to "Buy".

June 11 – The U.S. Attorney’s Office for the Eastern District of Pennsylvania announced that 37-year-old Ruslan Igorevich Tkachuk and 25-year-old Alexander Vladimirovich Ledenev have been arrested and charged criminally with one count of conspiracy to commit money laundering and one count of operating an unlicensed money transmitting business, federal prosecutors confirmed. The two are accused of running a cryptocurrency laundering service called “AudiA6,” which authorities believe has laundered more than $389 million in cryptocurrency funds. Tkachuk is a Ukrainian citizen, Ledenev is a Russian citizen, and both are currently detained by Georgian authorities in Batumi. The U.S. prosecutors intend to seek the extradition of both individuals to the Eastern District of Pennsylvania to face the charges. Per the criminal complaint, Tkachuk and Ledenev are senior members of the AudiA6 organization, which operates both the crypto laundering service and the Dark2Web online cybercrime forum.