Warsh's Hawkish Jackson Hole Speech Spurs 2-Year Yield Jump to 4.31%

Kevin Warsh chairs his first FOMC meeting June 17 with inflation at 4%, double the target. Markets see no rate cut, while Dallas Fed's Logan warns hikes may be needed.

The SEC is suing Coinbase and Binance over $120 billion in tokens, while DeFi TVL plunges 60% to $70 billion.

SEALSQ Corp. develops post-quantum semiconductors while QSE signs a Malaysia deal for a Quantum Preparedness Assessment platform, as the U.S. commits $2 billion to quantum computing with 9 companies.

Intel, Jim Cramer's top pick, has soared over 200% this year. The chipmaker's AI opportunities face scrutiny as post-quantum cryptography and edge AI advances reshape the landscape.

The Federal Reserve held rates at 3.5%-3.75% in Kevin Warsh's first meeting as chairman, but a hawkish statement and press conference sent the S&P 500 down 70 points. Nearly half of FOMC members project rate hikes later

Equinix, Cisco, and NVIDIA expand collaboration to deploy Cisco Secure AI Factory with NVIDIA across Equinix data centers, providing enterprises a real-world environment to test AI before full-scale deployment.

DeepSeek closed a $7.4 billion funding round, while SpaceX acquired AI coding tool Cursor for $60 billion in stock. Anthropic suspended Fable and Mythos models due to U.S. export controls.

Coinbase will let users own, trade, hold and redeem onchain securities backed 1:1 by underlying U.S. equities, with dividends paid automatically — putting a regulated U.S. exchange into the tokenized stock race.

Anthropic is negotiating with the Trump administration to remove restrictions on its AI models, as the company valued at $965 billion prepares for an IPO.

New Fed Chair Kevin Warsh faces his first FOMC meeting on June 17 with inflation at roughly double the 2% target, pressuring rate policy. Markets see virtually no chance of a cut, per CME's FedWatch.