Cboe $CBOE just relaunched binary options on the S&P 500
The product is simple: you choose yes or no on whether the S&P 500 will hit a certain level in the near term. The contracts are listed on the Mini SPX index. Cboe first launched binary options on the S&P 500 and VIX back in 2008 but pulled them after failing to attract investor interest - SeekingAlpha Source. Evan
Wall Street closes. Tokenized markets don't.
The era of 24/7 equity trading is no longer a vision—it's happening. The numbers are staggering: 📈 Monthly tokenized stock trading volume reached a record $5.3 billion last month, up 44% month-over-month. ⚡ On Solana, cumulative tokenized stock transfers have officially surpassed $10 billion for the first time. 🚀 In just one month, tokenized equity trading on Solana surged 180%, fueled by growing demand for tokenized real-world assets (RWAs). Even more telling: One-third of traders are now active over the weekend. Think about that. For over a century, stock markets have operated on bankers' hours. Tokenization is rewriting the rulebook. Markets are becoming: • Global • Instant • Borderless • And increasingly... always on. The biggest innovation isn't simply putting stocks on the blockchain. It's removing the concept of market hours altogether. The future of capital markets may not be defined by what gets tokenized... but by the fact that markets never sleep.
In case you missed it... Alphabet lost 5% yesterday —not because of earnings, but because talent walked out the door.
John Jumper, Nobel Prize winner and co-creator of AlphaFold, is leaving DeepMind for Anthropic. Days earlier, the co-lead of Gemini joined OpenAI. The market erased tens of billions in Alphabet's value. That says everything about AI's true competitive advantage. Chips, GPUs, and data centers can be bought. Exceptional AI researchers cannot. The AI race isn't just an infrastructure race—it's a talent war. In the world's most transformative technology, the scarcest asset isn't silicon. It's the people who know how to turn it into breakthroughs. Source: Thierry from arvy 🇨🇭
The market is clearly distinguishing between those who are receiving the checks (semiconductors - in green) and those who are writing the checks (hyperscalers - in red) ...
Source: zerohedge
In case you missed it... SpaceX shares closed down -16.4% yesterday, wiping out over $400 billion in market value.
The decline comes after the company officially launched its inaugural offering of senior unsecured notes on June 22, seeking to raise at least $20 billion. SpaceX disclosed approximately $100.8 billion in cash and cash equivalents as of June 19, 2026. $SPCX is now down -31.3% from its all-time high, having wiped out over $927 billion in market value in just 3 days, and is trading +14.5% above its IPO price. Source: Bull Theory
MASSIVE BLOODBATH IN THE IT OUTSOURCING SECTOR.
Accenture reported earnings this morning and cut its full-year revenue forecast. Its quarterly bookings fell 2% and the stock crashed 18%. Accenture is the largest IT services company in the world, so when it reports weak demand, every other company in the sector falls with it. Cognizant fell nearly -8%. Wipro fell nearly -8%. Capgemini fell -8.4% to its lowest price in a year. IBM fell -4%. EPAM dropped to near a 52-week low. Two things are driving the selloff. Companies are spending less on IT consulting as the economy slows, and the market now believes AI is starting to do the work these companies used to charge billions for. Both pressures hit the same business model at the same time. This is a direct problem for India. Indian IT has been one of the only sectors holding up the Nifty. TCS, Infosys, HCLTech, and Wipro have been carrying the index. These companies run on the same model as Accenture and earn most of their revenue from US and European clients. Accenture's results are treated as a preview of what is coming for TCS and Infosys. Their US-listed shares already fell 3 to 5% tonight. No surprise Indian markets are getting hit... Source: Bull Theory
PRECIOUS METALS ARE CRASHING
Over $1.74 TRILLION has been wiped out from precious metals in the last 24 HOURS. Gold is down -4.75%, wiping out $1.41 trillion from its market cap. Silver is down -9%, wiping out $327 billion from its market cap. Source: Bull Theory
The dollar index $DXY bounced off a major long-term weekly trend line and is now pressing into key short-term resistance levels.
The setup has echoes of the 2020/21 consolidation, when an extended period of range trading eventually gave way to a powerful breakout higher. Importantly, the dollar is also trading comfortably above its 50-week moving average, reinforcing the improving medium-term trend. A decisive move through the 100.5 area would strengthen the breakout case. After spending more than a year coiling inside the current range, a break higher risks creating a vacuum move as traders scramble to adjust to a regime shift in the dollar. Source: TME LSEG
