LiveWire

The British currency also took a knock after the volume of goods sold in stores and online in May fell 1.4%, according to data published Friday, following an unprecedented 9.2% surge in April. That said, the decline was driven by decreased spending at supermarkets as the government allowed restaurants and bars to reopen. The pound has fallen by 1.6% since Wednesday’s Federal Reserve policy decision. Increased demand for pound puts in the front end suggests options traders see little risk for a hawkish shift next week by the Bank of England.

In the US, around 162 million (57%) said to have already listened to a podcast and around 116 million (41%) said it happened in the past month. Deals between Spotify and Joe Rogan have largely contributed to this popularity rise. At the end of Q1 2021, Spotify had now less than 2.6 million podcasts on its platform, and 25% of its 356 million monthly active user base listened to them. 

The AT&T stock is lagging behind, having lost value since June 2018 (used for basis) whereas all other peers outperformed. T-Mobile even more than doubled in the period where AT&T lost 40% of its value. 

Velodyne's stocks has fallen during a family feud over ownership. Velodyne the leading US manufacturer of lidar systems. The market for lidar technology has become increasingly competitive, with average prices being run down by competition. This has translated into less revenue for the company. 

the Economic Times reported that India’s national share depository froze the accounts of three Mauritius-based funds because of insufficient information on the owners. The bulk of the holdings of Albula Investment Fund, Cresta Fund and APMS Investment Fund -- about $6 billion -- are shares of Adani’s firms. Shares of Adani Green Energy Ltd., the mogul’s most valuable asset, slipped 7.7% this week. Adani Ports & Special Economic Zone Ltd. plunged 23% in four days, Adani Power Ltd., Adani Total Gas Ltd. and Adani Transmission Ltd. tumbled at least 18%, while flagship Adani Enterprises fell almost 15%.