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Ukraine's First Deputy Prime Minister and Minister of Energy: Today, Ukraine received €2.8 billion in funding under the "Ukraine Fund." We highly appreciate the EU's decision to allocate €920 million for Ukraine's winter preparations and look forward to its swift implementation.
According to Interfax news agency, Russia has decided to use all of Russian Hydro's profits from 2023 to 2029 for investment plans.
Google (GOOG.O): Starting today, a web-based update is being rolled out globally to Google AI Ultra users and Business customers using AI Ultra's Workspace service, with expanded availability.
Google (GOOG.O): Upgraded NotebookLM to run on Gemini 3.5 and Antigravity.
According to Iranian state media, Iran has stated that flight restrictions have been lifted and airspace has returned to normal.
The Italian Competition Authority has ended its investigation into Meta Platforms (META.O) regarding its AI-powered chatbot for WhatsApp.
On June 9, Israeli Prime Minister Benjamin Netanyahu issued a statement on June 8 saying that Israel had temporarily suspended its attacks on Iran after Iran stopped firing on Israel, but warned that Israel would respond strongly if Iran resumed its attacks.
June 8th - SpaceX's IPO on Nasdaq was reportedly significantly oversubscribed. SpaceX plans to close the IPO subscription period after the market closes on Wednesday.
MRVL.O shares rose more than 15% to a new intraday high, with a market capitalization of $265.1 billion.
On Monday, June 8, the German DAX 30 index closed down 146.65 points, or 0.59%, at 24,627.07; the UK FTSE 100 index closed down 1.85 points, or 0.02%, at 10,366.20; the French CAC 40 index closed down 18.95 points, or 0.23%, at 8,199.29; the Euro Stoxx 50 index closed up 2.28 points, or 0.04%, at 6,064.35; the Spanish IBEX 35 index closed down 121.18 points, or 0.66%, at 18,223.72; and the Italian FTSE MIB index closed up 287.45 points, or 0.58%, at 50,180.50.
The S&P 500 and Nasdaq 100 have retreated from their intraday highs and are currently up 0.7% and 2%, respectively.
The US 3-month Treasury auction on June 8th yielded a winning bid of 3.64%, compared to 3.63% previously.
The bid-to-cover ratio for the US 3-month Treasury bond auction ending June 8 was 2.79, compared to 2.69 previously.
The US 6-month Treasury auction on June 8th yielded a winning bid of 3.69%, compared to 3.67% previously.
The bid-to-cover ratio for the 6-month U.S. Treasury bond auction ending June 8 was 2.75, compared to 2.84 previously.
June 8th - According to a survey by the Federal Reserve Bank of New York, consumer expectations for future inflation remained stable in May, which is good news for the Fed, as officials are concerned that the rapid rise in prices may be becoming entrenched. The report shows that consumer expectations for inflation next year declined by 0.1 percentage point, while three-year and five-year inflation expectations remained largely unchanged at around 3%. The survey also showed relatively little change in consumer views on labor market conditions. Consumers perceived a slightly lower probability of further increases in the unemployment rate. On the other hand, they were more pessimistic about the ease with which they could find new jobs when needed.
Israeli Prime Minister Netanyahu: Iran and Hezbollah are trying to impose an unacceptable situation on us.
Israeli Prime Minister Netanyahu: I promise that Iran will not possess nuclear weapons.
Israeli Prime Minister Benjamin Netanyahu: Iran intended to attack us with missiles. If we hadn't acted in time, we wouldn't be here today.
June 8th - The U.S. Department of Transportation stated on Monday that rising jet fuel prices, influenced by the situation in the Middle East, caused U.S. airlines' fuel costs in April to surge 78% year-over-year, reaching nearly $6.5 billion. The Department of Transportation's monthly report stated that airline fuel costs rose 26% from March, while fuel consumption in April decreased by 2.6% compared to March. The Department of Transportation added that the cost per gallon of fuel in April was $4.11, an increase of $1.81 from April 2025, a trend that has already impacted the industry. The International Air Transport Association (IATA) predicts that airline fuel expenditures will surge from approximately $252 billion in 2025 to approximately $350 billion this year, with fuel costs accounting for nearly one-third of operating costs.
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