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Today is Tuesday, June 30, 2026.
The Early Bird Index today is 91.54.
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Ethereum's Bad June Is Over 📈
On Monday, the price of Ethereum $ETH ( ▲ 0.4% ) rose by about 2%, a small recovery after a terrible month for the second most popular cryptocurrency ended.
Details: Ethereum declined by 20% in June. It has lost roughly 45% of its value since the start of the year.
Powering the Story: Ethereum suffered in June mainly because it was caught in a broader crypto risk-off move. In fact, Ethereum underperformed Bitcoin $BTC ( ▼ 1.17% ) during the selloff.
Due to macro pressure, investors appeared to rotate toward safer or higher-momentum assets, which pressured crypto demand.
There were massive outflows from Ethereum ETFs (exchange-traded funds).
Yes, But: By late June, the tone improved somewhat and crypto treasury firms accumulated more Ethereum.
Early Bird’s Nest Egg Gains: The main macro factors to watch for Ethereum in July are inflation prints, Fed policy expectations, and broader risk appetite.
Final Thoughts: Could Ethereum experience a comeback in the second half of the year? Anything is possible. In fact, Ethereum outperformed Bitcoin in the second half of 2025.
Investors see ANOTHER return from Masterworks (!!!!)
That’s 6 sales in 7 months. 29 all time. And the performance?
16.5%, 17.6%, and 17.8%, net annualized returns on sold works held longer than one year (See all 29 at Masterworks.com)
It’s not from stocks, private equity, or real estate… it’s from contemporary and post war art. Crazy, right?
With Masterworks, you don’t need to be a BILLIONAIRE to invest in multi-million dollar art anymore.
Historically, the segment overall has had attractive appreciation and low correlation to stocks.*
Masterworks targets works featuring legends like Banksy, Basquiat, and Picasso, identifying what they believe to have significant long-term appreciation potential, not just at the artist level but at the level of individual artworks.
As one of the largest players in the art market, with $1.3 billion invested over 500 artworks, they pass critical advantages through to their 70,000+ members to add art to their portfolios strategically.
Looking to diversify your investments in 2026?
*According to Masterworks data. Investing involves risk. Past performance is not indicative of future returns. See important Reg A disclosures at masterworks.com/cd.
Notables
Notable Earnings Today: Nike (NYSE: NKE), Constellation Brands (NYSE: STZ), Progress Software (Nasdaq: PRGS).
Notable IPOs Today: Glass House Brands Inc. (NYSE: GLAS), Ares Acquisition Corporation III (NYSE: AAC).
Notable Equity Crowdfunding Campaigns Ending Today: Azure Printed Homes (Wefunder), Rentberry (Republic), Metaintro (Republic), FANTEC (Republic), Built By HD (Honeycomb).
Notable Economic Events Today: S&P Cotality Case-Shiller Home Price Index (9:00 a.m. ET), Chicago PMI (9:45 a.m. ET), JOLTS Job Openings (10:00 a.m. ET), CB Consumer Confidence (10:00 a.m. ET), API Weekly Crude Oil Stock (4:30 p.m. ET).
AeroVironment’s Strong Backlog
Defense technology company AeroVironment $AVAV ( ▲ 0.76% ) surged 20.57% in after-hours trading on Monday after reporting strong financial earnings results.
Financials: AeroVironment reported earnings of $1.84 per share in the past quarter and revenue of $641.6 million. Both were better than expected.
Powering the Story: Investors were impressed with the company’s funded backlog of $1.2 billion, up from $726.6 million last year.
Final Thoughts: It’s a recovery for AeroVironment after the stock started 2026 with a 45% decline.
Concentrix’s Weak Results
Business process outsourcing company Concentrix $CNXC ( ▲ 0.92% ) plunged 22.32% in after-hours trading on Monday after reporting weak financial earnings results.
Financials: Concentrix reported earnings of $2.63 per share in the past quarter and revenue of $2.46 billion. Both were lower than expected.
Final Thoughts: The stock was previously down 38% this year.
Trends to Watch
Phoenix Partnership Ends: Waymo and Uber quietly part ways in Phoenix (TechCrunch)
Declaring Bankruptcy: Satellite Pay-TV Provider Dish DBS Prepares for Bankruptcy Filing (Wall Street Journal)
SpaceX’s Influence: The ‘X’ factor behind Comcast’s spinoff announcement: SpaceX (NBC News)
SpaceX Rival Boosts Capabilities: Rocket Lab Takes a Page From SpaceX’s Playbook With Its Transformative Iridium Buy (Barron’s)
New FDA Strategy: Eli Lilly, Regeneron among first companies selected for FDA initiative to speed review of new manufacturing facilities (CNBC)
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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.
