BlockBeats news: On June 22, this week’s market focus will primarily center on the progress of U.S.-Iran talks and their subsequent implications. Early Monday, news of the breakdown in U.S.-Iran negotiations triggered a wave of market panic, but stock prices such as SK Hynix narrowed their losses after opening, easing the panic sentiment. It is foreseeable that the market will continue to closely monitor the U.S.-Iran negotiations and the evolving situation that follows. On another front, U.S. PCE data and earnings reports from AI standout stocks like Micron will influence the market’s rational analysis of the AI investment boom.
Thursday, 04:00: The Federal Reserve releases its annual bank stress test results;
Thursday, 20:30: Initial Jobless Claims for the week ending June 20 in the U.S., Annual Core PCE Price Index for May in the U.S., Monthly Personal Spending for May in the U.S., Final Q1 Annualized Real GDP Growth Rate in the U.S., Initial Q1 Real Personal Consumption Expenditures Growth Rate in the U.S., Final Q1 Real Personal Consumption Expenditures Growth Rate in the U.S., Final Q1 Annualized Core PCE Price Index Growth Rate in the U.S., Monthly Core PCE Price Index for May in the U.S., Monthly Durable Goods Orders for May in the U.S.
Friday, 03:40, William, a permanent FOMC voter and President of the New York Fed, will speak;
Friday, 06:30, 2027: FOMC voter and President of the Chicago Fed, Goolsbee, will speak;
At 23:30 on Friday, Kashkari, the 2026 FOMC voter and President of the Federal Reserve Bank of Minneapolis, will speak.
The newly listed company, Cerebras Systems (CBRS), often dubbed the "NVIDIA challenger," plans to release its Q1 financial results after market close on Tuesday, June 23, 2026, U.S. Eastern Time. The market will be closely watching this first earnings report since the chip startup’s IPO. Analysts expect a Q1 loss of $0.14 per share, supported by a $25 billion order backlog, but the company also faces risks related to high valuation and execution challenges.
Memory chip manufacturer Micron Technology (MU) will release its quarterly earnings after U.S. markets close on Wednesday, June 24, serving as a key indicator of chip demand—market participants will assess whether demand continues to accelerate. The company forecasts revenue of $33.5 billion and a gross margin of approximately 81%.