Shares of BMW fell 7% on Tuesday after the German luxury carmaker issued a sweeping profit warning, citing worsening market conditions in China and the impact of geopolitical tensions in the Middle East.

The decline pushed BMW shares to their lowest level since November 2020 and dragged other European automakers lower, with Volkswagen and Mercedes-Benz also coming under pressure as investors reassessed the outlook for the sector.

The warning comes just weeks after Milan Nedeljkovic succeeded Oliver Zipse as chief executive, adding to scrutiny over the company’s strategy at a time when European automakers are grappling with structural changes in their largest overseas market.

China’s weakness hits earnings outlook

In a statement released after market close on Tuesday, BMW said conditions in China deteriorated further during the second quarter, leading to more intense competition that has spilled over into the wider Asia-Pacific region.

The company said weaker sales in the region have outweighed stronger performance in Europe and the United States.

BMW also pointed to the economic fallout from the conflict in the Middle East, saying elevated energy prices have increased costs while geopolitical uncertainty has weakened consumer sentiment across global markets.

As a result, the company cut guidance across several key financial metrics.

BMW lowered its automotive earnings-before-interest-and-tax margin forecast to 1%-3%, down from a previous range of 4%-6%.

The return on capital employed in its automotive division was reduced to 1%-5% from 6%-10%, while group profit before tax is now expected to decline significantly, compared with an earlier forecast for a moderate decrease.

Analysts say cut exceeds expectations

The magnitude of the guidance reduction surprised analysts who had already anticipated some deterioration in earnings due to persistent weakness in China.

Deutsche Bank analyst Tim Rokossa said BMW was expected to revise its outlook, but the scale of the downgrade was larger than anticipated.

Rokossa noted that BMW shares had already been underperforming and highlighted the company’s recent decision to cancel a long-planned CEO-investor meeting.

He said the updated outlook reflected softer conditions in China and across Asia-Pacific, as well as second-order effects from the Middle East conflict.

“There are now more questions than answers,” Rokossa wrote, adding that investor events scheduled later this year may provide only limited clarity.

Deutsche Bank lowered its price target on BMW shares to 90 euros from 100 euros while maintaining a buy rating.

Questions over business model

Alongside the weaker outlook, BMW said it would intensify cost-cutting efforts and warned of a negative one-off impact during the second half of 2026.

That announcement has fuelled speculation that management may be preparing broader structural changes.

Jefferies analysts said investors had largely expected a profit warning but not a margin reset of this scale.

The brokerage suggested the comments indicate management may be preparing significant changes to BMW’s manufacturing footprint.

“It seems to us that BMW could be rethinking a global assembly business model,” Jefferies wrote.

The bank expects BMW to increase sourcing and production integration in North America and China, reducing reliance on exporting internal-combustion-engine components from Germany.

Jefferies also said future discussions could focus on capital allocation, non-automotive investments and the possibility of using China as a larger export base because of its cost advantages.

The brokerage cut its price target to 70 euros from 92 euros while maintaining a hold rating.

Industry faces broader shift

BMW’s challenges mirror wider changes confronting the European auto industry.

Volkswagen Chief Executive Oliver Blume has previously warned that the export-led model that underpinned Germany’s automotive success for decades is becoming less viable.

For years, European manufacturers relied on strong profits from China, the world’s largest car market.

However, domestic Chinese brands have steadily gained market share, while an extended slowdown in vehicle demand has intensified competition.

China’s auto market recorded its eighth consecutive month of declining sales in May, increasing pressure on foreign manufacturers already struggling to maintain pricing power.

For investors, BMW’s warning has become the latest indication that Europe’s carmakers may need to accelerate strategic changes as they adapt to a rapidly evolving global automotive landscape.

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Uniswap (UNI) token has returned to the spotlight after Standard Chartered initiated coverage of the decentralised exchange token with a long-term price target of $100 by 2030.

The bank’s forecast immediately grabbed the market’s attention, helping UNI surge 13.8% in 24 hours to $2.99 and outperform the broader cryptocurrency market.

The move was accompanied by a sharp increase in trading activity, with the daily trading volume climbing to more than $404 million, while UNI briefly touched $3.01 before pulling back slightly.

Why Standard Chartered sees major upside for UNI token

The Standard Chartered forecast was issued by Geoffrey Kendrick, Head of Digital Assets Research at the bank.

His thesis centers on the rapid expansion of tokenised real-world assets (RWAs) and the growing role of decentralised finance in global capital markets.

According to the bank’s estimates, tokenised assets could grow from approximately $340 billion today to around $4 trillion by 2028.

That figure includes stablecoins as well as tokenised versions of traditional financial products such as government bonds, money market funds, equities, and real estate.

The bank also expects the share of those assets actively used within decentralised finance applications to rise significantly.

Current estimates place DeFi participation at roughly 3.5% of tokenised assets, but Standard Chartered projects that figure could reach 30% by 2030.

If that scenario plays out, assets actively deployed across DeFi platforms could approach $2.7 trillion by the end of the decade.

That would represent a 37-fold increase from current levels.

For Uniswap, the implication is straightforward. As one of the largest decentralized exchanges in the market, the protocol could become a key venue where tokenized assets are traded, creating higher liquidity, larger trading volumes, and stronger protocol revenues.

The bank’s forecast outlines a gradual appreciation rather than an immediate jump.

Its projected path places UNI at $6.50 in 2026, $20 in 2027, $40 in 2028, $65 in 2029, and eventually $100 by 2030.

The caveat that investors should not ignore

The biggest challenge for the $100 forecast is that it depends heavily on future adoption rather than current fundamentals.

Standard Chartered’s thesis is built around the assumption that traditional finance will increasingly migrate on-chain over the next several years.

While tokenisation has gained momentum, there is no guarantee that institutions will adopt decentralised finance at the pace the bank expects.

Another factor is liquidity fragmentation. Tokenised assets can be issued across multiple blockchains and use different standards, which may spread trading activity across various platforms instead of concentrating it on a single protocol.

There is also a significant difference between tokenising assets and creating active markets for those assets.

A bond or equity can exist on a blockchain without generating meaningful trading volume.

For Uniswap to benefit fully from the projected growth in tokenisation, those assets must also attract sustained trading activity.

This is the key caveat in the bullish narrative.

The forecast assumes not only that tokenised assets will grow into a multi-trillion-dollar market, but also that a meaningful share of that activity will flow through decentralised exchanges such as Uniswap.

Uniswap price analysis

As the Uniswap price rose, it broke above its 7-day simple moving average (SMA) of $2.626 and its 30-day SMA of $2.945.

These technical breakouts helped reinforce the bullish momentum generated by the Standard Chartered report.

However, momentum indicators suggest that the market may be getting ahead of itself in the short term.

UNI’s RSI 14 has climbed above 78, pushing the token into overbought territory.

Historically, RSI readings above 70 often signal strong buying pressure, but they can also indicate that a period of consolidation or profit-taking is becoming more likely.

In the near term, traders should focus on the immediate pivot level near $2.97.

Holding above $2.97 could allow the token to challenge resistance around $3.10, where a major descending trendline currently intersects with price action.

Further, a successful break above $3.10 would strengthen the case for a broader trend reversal after months of weakness.

On the other hand, failure to hold current levels could open the door for a retracement toward the $2.75 support zone.

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Advanced Micro Devices (AMD) stock price has soared this year, making it one of the top gainers on Wall Street.

It jumped by 133% this year, bringing its market capitalization to over $834 billion.

This article explores why it may be the next big name to hit a $1 trillion market cap.

AMD stock surge puts the $1 trillion valuation milestone within reach

The ongoing artificial intelligence boom has pushed several companies to the exclusive $1 trillion club.

Some of the most notable of them are SK Hynix, Samsung, Broadcom, and Micron.

AMD, which is run by Jensen Huang’s cousin, could be the next big entrant to this club.

With its valuation at $834 billion, the company needs to jump to at least $613 to get to that milestone.

The stock peaked at $546 earlier this month.

There are signs that the stock will jump to that milestone.

One of the most notable ones is its technicals, which indicate that the stock has the momentum to achieve that.

The daily chart shows that the AMD stock price made a strong bullish breakout in April this year.

Before that, it had remained inside a narrow range of between $194 and $265 for months.

That is a sign that it has now moved to the markup phase of the Wyckoff Theory, which is characterized by more demand.

AMD stock has remained above the 50-day and 100-day Exponential Moving Averages (EMA), which have provided it with substantial support over time.

It has also crossed the important ultimate resistance level of the Murrey Math Lines tool.

That is a sign that it is not yet in the overbought zone.

Therefore, more gains towards the key point of $613 will be confirmed if it jumps above the key resistance level of $546, its highest point this year.

A move above that level will invalidate the forming double-top point and signal more gains ahead. 

AMD stock chart | Source: TradingView

READ MORE: Nvidia, AMD, Arm stocks rally as BofA sees $170B agentic AI opportunity

AMD’s business is growing despite risks

Fundamentally, AMD’s business is doing well, with demand for its products continuing to grow.

The most recent results show that its revenue growth continued, reaching $10.3 billion, up by 38% from the same period last year. 

This growth was mostly driven by its data center business, which made over $5.7 billion in revenue.

The client & gaming business made $3.6 billion, while its embedded segment rose by just 6%.

Wall Street analysts are optimistic that AMD’s revenue and margin growth will accelerate in the coming years. The average estimate is that its revenue will jump by 42% to $50 billion, followed by $76 billion next year.

Still, the company faces some major headwinds. The biggest one is that Nvidia is encroaching on its CPU territory. It recently launched Windows chips that it hopes will gain market share in the future. 

Nvidia’s entry means that there are now three major players in the CPU industry: AMD, Nvidia, and Intel.

There is a possibility that Nvidia will take some share of its business soon.

The other risk is its valuation, which is quite rich compared to its peers.

It has a forward price-to-earnings ratio of 94, much higher than the sector median of 32. Its multiple is also higher than Nvidia’s 22.

This likely explains why analysts from companies like Citigroup, Barclays, Wolfe Research, and Zacks downgraded their outlooks.

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The S&P 500 Index and its top ETFs, like State Street’s SPY, Vanguard’s VOO, and BlackRock’s IVV jumped for two consecutive days. It jumped to $7,430, up modestly from this month’s low of $7,240. This article looks at some of the top news to watch this week.

US and Iran deal to end the war

The first main catalyst for the S&P 500 Index and other ETFs is the US-Iran deal to end the war. President Donald Trump confirmed that the US will sign a deal today. Iran, on the other hand, insisted that the deal may be signed at a later date and that it will do so electronically.

Still, there is a risk that a deal will flop as it has done in the past. For example, there is a likelihood that Israel and its lobby in the United States will work to undermine the deal. For example, Israel has committed to continuing fighting in Lebanon, where it has killed thousands of people.

A deal between the US and Iran will be bullish for the stock market. For one, it will lead to lower crude oil prices, which will lower inflation in the country. Data released last week showed that the headline Consumer and Producer price index jumped to 4.2% and 6.4% in May, respectively. 

Such a move will also lead to lower bond yields. Indeed, the ten-year yield dropped to 4.8%, while the five-year fell to 4.21%. That is a sign that investors believe that the Federal Reserve will be dovish.

Federal Reserve interest rate decision

The S&P 500, IVV, SPY, and VOO ETFs will also react to the upcoming Federal Reserve interest rate decision. This will be a crucial decision because it will be the first one by Kevin Warsh, whom Trump nominated to replace Jerome Powell.

Economists are unanimous in that the Fed will decide to leave interest rates unchanged between 3.50% and 3.75%. As such, the headline rate decision will have a minimal impact on the stock market. Instead, traders will react to Warsh’s statement, which will provide more information on what to expect.

A hawkish tone will raise Fed independence concerns as it may start a feud between Warsh and Trump.

In addition to the Fed, the Bank of England (BoE), Bank of Japan (BoJ), Brazilian, Swiss, Norges, and Russian central banks will also deliver their interest rate decisions this week.

There will also be some major macro news from the United States, including US retail sales, initial jobless claims, export and import prices, and industrial production.

SpaceX post-IPO performance

The S&P 500 Index will also react to the performance of SpaceX, which went public on Friday. SpaceX’s stock jumped by 19%, with its market capitalization crossing the $2 trillion mark. This IPO made Elon Musk the world’s first trillionaire.

Still, while the SpaceX IPO was a success, the hard part will start this week. Historically, newly listed companies often retreat after a few days. As such, if this happens, there is a likelihood that the stock market will also retreat as investors start booking profits.

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SpaceX (SPCX) made history on Friday – raising $75 billion in the largest IPO “ever” – promptly gaining 19% in its Nasdaq debut.

The frenzy is real, the story is compelling, but the valuation, hovering around the $2 trillion mark, is already priced for perfection.

And for investors who prefer conviction over crowd psychology, there is a quieter, more grounded opportunity worth considering – Nokia (NOK).

What makes Nokia stock a compelling buy in 2026

Most people still associate Nokia with the brick-like handsets that dominated the early 2000s. That era is long gone.

Today, Nokia is a global communications infrastructure firm operating across four major business segments – mobile networks, network infrastructure, cloud and network services, and Nokia tech – selling equipment to carriers, hyperscalers, and data center operators across more than 100 countries.

In 2026, the brand licensing operation that handles the phone business is a footnote; the real story is in optical networks, IP routing, and next-generation wireless buildout.

Bank of America Securities now characterizes Nokia as a key data center interconnect and optical transport player, not merely a traditional mobile gear vendor.

And that rebranding is backed by hard numbers. Nokia’s Q1 results showed a 49% year-over-year growth in AI and cloud net sales, alongside €1 billion in orders from AI and cloud customers.

The company raised its “network infrastructure” growth expectations for the full year, particularly for its optical networks and IP networks subsegments that are critical for AI and cloud data centers.

All in all, Nokia stock is not a turnaround story anymore – it’s an infrastructure story with genuine momentum.

Nvidia partnership makes NOK shares super attractive

The single most “underappreciated” development in Nokia’s recent history is the depth of its team-up with Nvidia.

In late 2025, Nvidia made a direct equity investment in Nokia at $6.01 per share – a huge credibility signal that the broader market has been slow to fully price in.

The two companies are collaborating on AI-powered radio access network tech aimed at building the infrastructure backbone for the 6G era, at a moment when global internet traffic is exploding.

According to Nokia’s own projections, global network traffic is expected to grow roughly fivefold from 2024 levels through 2034, with AI workloads accounting for a disproportionate share of that demand.

Nokia opened an AI Networking Innovation Lab in Sunnyvale this May, a facility designed to co-develop next-generation networks for AI data centers alongside cloud and AI partners.

Why disciplined investors should look to Nokia

The SpaceX IPO is a genuine technological marvel wrapped in a financial instrument that demands you believe everything goes right, forever, from day one.

At its session high on Friday, SpaceX briefly touched a market cap approaching $2.21 trillion – a figure that leaves virtually no room for error, execution risk, or the “ordinary turbulence” that every young public company faces.

Let’s face it: history is littered with transformative firms that proved terrible early IPO investments precisely because the hype front-ran the fundamentals by years.

Nokia stock, by contrast, offers a different kind of proposition. With about $19.22 billion in annual revenue and a market cap of $82 billion, it trades at a meaningful discount to sales.

It’s an almost paradoxical setup for a business posting 49% artificial intelligence (AI) sales growth and attracting NVDA as a strategic investor.

NOK shares outperformed the broader technology equipment sector on Friday, even as the market’s attention was consumed entirely by the SpaceX spectacle – a quiet reminder that the most durable gains are often made away from the spotlight. 

For investors who want real AI infrastructure exposure without paying a “once-in-a-generation” premium to get it, Nokia deserves a serious look, especially since Wall Street firms also currently rate it at “Overweight”.

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Hamster Kombat (HMSTR) surged 47.6% in a single 24-hour period on June 12, 2026, reaching an intraday high of $0.0003841 before easing back to around $0.00026.

The rally came just days after the token touched its all-time low of $0.0001264 on June 4, highlighting a sharp reversal in sentiment.

What is causing the Hamster Kombat (HMSTR) price to rally

A key catalyst behind the recent rally in Hamster Kombat (HMSTR) appears to be the launch of a decentralised autonomous organisation (DAO) roughly two weeks before the price surge.

The initiative gives token holders a formal role in shaping the project’s future, marking a notable shift for a game that has spent much of the past two years rebuilding credibility following its controversial 2024 airdrop.

That distribution included lock-up restrictions that prevented recipients from immediately selling their tokens, triggering significant community backlash and contributing to a prolonged decline in HMSTR’s price.

While the DAO launch did not trigger an immediate rally, it helped revive interest in the project and repositioned Hamster Kombat as more than a fading Telegram-based tap-to-earn game.

Beyond a recent social media post related to the 2026 World Cup, the DAO rollout has been widely viewed as the primary catalyst behind the latest move.

Trading activity supports that view. HMSTR recorded a roughly 1,300% increase in volume, with 24-hour turnover climbing to about $117.9 million from previously muted levels.

Such a sharp increase in volume alongside a strong price rally typically indicates broader market participation and renewed investor interest.

Adding weight to the bullish case, the Chaikin Money Flow (CMF) indicator crossed above the zero line during the breakout, confirming that capital was flowing into the asset.

The HMSTR price also crossed above both the 50-day and 100-day exponential moving averages (EMAs) simultaneously, a setup that, if sustained, could produce what technical traders refer to as a golden cross, where the price also climbs past the 200-day EMA.

Where the HMSTR price goes from here

The 7-day performance stands at +119.6%, and the 14-day and 30-day figures come in at +106.2% and +101.4% respectively, a consistent climb that started building before the single-day 47.6% spike.

If bulls hold on, the next major test is $0.00040, which was breached on November 5, 2025.

But the market is heavily overbought, with the RSI (14) at 77.71, and it is the reason it has pulled back below $0.00026 within such a short time.

If the correction continues, the $0.00020–$0.00021 range is the critical floor, which, if broken, could see the token fall back to its previous lows.

A pullback that holds above this level would keep the bullish structure intact, but a break below it would cancel the current bullish momentum.

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