United States bitcoin slide sparks $1.5 billion liquidations

 

United States – On Wednesday, June 3, 2026, the global cryptocurrency market came under intense pressure as bitcoin dropped below the key $66,000 level, unleashing a wave of forced selling and more than $1.5 billion in liquidations within a few hours. Data from digital asset tracking platforms showed that over...

United States tech giant Alphabet plans $80 billion AI raise

 

United States-based Alphabet Inc., the parent company of Google, has announced plans to raise $80 billion to accelerate its artificial intelligence infrastructure and product development. The initiative, one of the largest corporate equity offerings in U.S. history, includes a $10 billion direct stock sale to Berkshire Hathaway in a strategic...

Washington software firm MicroStrategy executes first Bitcoin sale

 

MicroStrategy Incorporated, a Washington-based corporate software analytics firm, has disclosed its first sale of Bitcoin since 2022, according to a recent filing with the U.S. Securities and Exchange Commission. The company sold 32 Bitcoins between May 26 and May 31, 2026, generating about $2.5 million in gross proceeds at an...

United States sets date for record SpaceX IPO

 

Space Exploration Technologies Corp. (SpaceX) has updated its Form S-1 registration with the U.S. Securities and Exchange Commission, targeting a Nasdaq debut on June 12, 2026. The prospectus outlines an initial public offering seeking a valuation between $1.75 trillion and $2 trillion and a capital raise of $40 billion to...

United States futures slide as Iran ceasefire collapses

 

U.S. stock index futures fell sharply Monday evening and early Tuesday after reports that a three‑month diplomatic ceasefire between the United States and Iran had collapsed, unsettling global markets. The breakdown followed U.S. targeted strikes on Iranian military infrastructure over the weekend and Iran’s Revolutionary Guards announcing retaliatory strikes on...

United States AI firm Anthropic files trillion-dollar IPO

 

On June 1, 2026, U.S.-based artificial intelligence company Anthropic, PBC announced it has confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission, initiating the process for a U.S. initial public offering of its common stock. The company has not yet disclosed the share count...

United States conglomerate Berkshire Hathaway to buy Taylor Morrison

 

United States-based Berkshire Hathaway has entered into a definitive agreement to acquire homebuilder Taylor Morrison Home Corp. in an all-cash transaction valued at $8.5 billion, including the assumption of debt, expanding the conglomerate’s footprint in the U.S. residential real estate market. Announced after Greg Abel took over as chief executive...

Illinois DOR issues tax guidance and proposed regulations

 

Springfield, Illinois—This week the Illinois Department of Revenue issued guidance and proposed multiple amendments clarifying sales and service occupation tax treatment for medical services, prescription drugs, and out-of-state sellers, and proposing a 15 percent backup rate for retailers lacking adequate records; the proposed regulations were published in the May 29,...

States Vary Widely In Safety Manager Staffing Ratios

 

United States. This week local news outlets reported that several states display differing ratios of workplace safety managers to workers, citing Bureau of Labor Statistics definitions and recent analyses; Indiana ranked fourth best, Kentucky tenth best, Mississippi fourteenth best, Georgia thirteenth-lowest, and Nebraska sixth-lowest in their latest state-by-state staffing reviews...

Kodiak Copper Upsizes Offering After Strong Investor Demand

 

Vancouver, British Columbia. Kodiak Copper Corp. announced on June 1 a best-efforts private placement to raise up to C$10 million and then announced on June 2 that the offering was increased to approximately C$13.1 million after reported strong investor demand; Paradigm Capital Inc. is acting as lead agent and sole...