The Weekly Wrap – June 27th, 2026
from The Daily Wrap Hosted by Finextra Pro
A key inflation report hitting a three-year high kept Federal Reserve rate hikes in play, while the corporate world was dominated by the consequences of the AI boom, highlighted by Micron's record earnings and Apple raising prices due to soaring memory chip costs. Major corporate and political developments included OpenAI delaying its IPO amid market volatility, and the president threatening 100% tariffs over digital services taxes. Meanwhile, SpaceX's inclusion in the Nasdaq 100 and Alphabet's addition to the Dow signaled a shift in market indices, as the financial world also marked the passing of former Federal Reserve Chairman Alan Greenspan at the age of 100. A news podcast encapsulating the most salient market news, brought to you by Finextra Pro and powered by Communify. Open Finextra Pro now!
Embed this episode
What this episode covers
A key inflation report hitting a three-year high kept Federal Reserve rate hikes in play, while the corporate world was dominated by the consequences of the AI boom, highlighted by Micron's record earnings and Apple raising prices due to soaring memory chip costs. Major corporate and political developments included OpenAI delaying its IPO amid market volatility, and the president threatening 100% tariffs over digital services taxes. Meanwhile, SpaceX's inclusion in the Nasdaq 100 and Alphabet...
No transcript yet.