Here are five key things investors need to know to start the trading day:
1. Market turmoil
2. Israel attacks Iran
People gather near damaged vehicles in the aftermath of Israeli strikes, in Tehran, Iran, June 13, 2025.
Majid Asgaripour | WANA | Via Reuters
3. Air India disaster
A view shows the rear of an Air India plane following its crash, in Ahmedabad, India, June 12, 2025.
Central Industrial Security Forc | Via Reuters
Air India confirmed that a crash of one of its Boeing 787 Dreamliner jets killed 241 of the 242 people on board. It was the first fatal crash of the popular wide-body planes that are often used on long-haul flights. It could be months before investigators determine a cause of the crash, which could involve any of a variety of factors such as mechanical issues, wildlife or pilot error. “We understand people are eager for information, and please know that we will continue to share accurate and timely information as soon as we can,” Air India CEO Campbell Wilson said.
4. Immigration unrest
US Senator Alex Padilla, who interrupted the press conference held by U.S. Secretary of Homeland Security Kristi Noem, is removed from the venue, in Los Angeles, California, U.S., June 12, 2025.
Aude Guerrucci | Reuters
5. AMD reveal
CEO Dr. Lisa Su, AMD executives, and industry luminaries unveil the AMD vision for Advancing Al.
Courtesy: AMD
AMD unveiled its latest AI chip, the Instinct MI400 series, set to ship next year. The chips can be assembled into full server racks called Helios, delivering major computing power needed for uses like large language models. And AMD already has one customer lined up: ChatGPT parent OpenAI. “When you first started telling me about the specs, I was like, there’s no way, that just sounds totally crazy,” OpenAI CEO Sam Altman told AMD CEO Lisa Su during a reveal event. “It’s gonna be an amazing thing.”
– CNBC’s Darla Mercado, Christina Wilkie, Anniek Bao, Riya Bhattacharjee, Natasha Turak, Leslie Josephs, Ruxandra Iordache, Kevin Breuninger, Dan Mangan and Kif Leswing contributed to this report.
