🎤 ElevenLabs AI Goes Enterprise | 🛠️ Perplexity Builds Everything | 🍎 Apple's Quiet WWDC

The S&P 500 is testing critical resistance between 5,900 and 6,100, with the 50-hour moving average losing its magnetic pull on buyers. Tech stocks are navigating tariff headwinds as Trump administration officials signal "reciprocal tariffs" aren't disappearing despite legal challenges. The Big Tech Barometer shows mixed signals—while FAANG stocks face pressure from trade uncertainty, AI infrastructure plays are thriving on institutional demand. Startup funding remains cautious as investors parse which AI companies have genuine moats versus marketing budgets. The wild card? Quantum computing startups are quietly raising serious money, with one targeting a 1000-qubit machine by 2031 that could make traditional HPC obsolete.

S&P 500: $SPY ( ▼ 1.12% ) 

DowJones: $DJI ( ▼ 1.79% ) 

Nasdaq: $QQQ ( ▼ 1.26% ) 

German DAX: $DAX ( ▼ 1.69% ) 

Indian NIFTY: $NIFTY50.NSE ( ▲ 0.92% ) 

Bitcoin: $BTC.X ( ▲ 1.29% ) 

Ethereum: $ETH.X ( ▲ 3.61% ) 

Bitcoin Plays Limbo Below $105K While Institutional Money Waits

What Happened: Bitcoin dipped below $105,000 over the weekend, triggering over $600 million in liquidations—the highest since February. The crypto king stabilized around $104,962 as institutional buyers stepped in near the $103,000 support level. Market Fear & Greed Index sits at 57, indicating greed rather than panic selling.

Why It Matters: This consolidation phase reflects healthy market dynamics after May's record high of $111,970. With the US government backing Bitcoin reserves and regulatory clarity improving, short-term volatility masks longer-term bullish fundamentals.

Further Reading: fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-ethereum-ripple-btc-eth-and-xrp-consolidate-as-bulls-struggle-to-reclaim-momentum-202506020337

Flare Lights Up Crypto Charts With 9.4% Surge

What Happened: Flare (FLR) emerged as today's biggest gainer with a 9.42% jump to $0.01923, leading a mixed altcoin performance. The layer-1 token broke above multi-month resistance following Uphold's partnership announcement to integrate FAssets for XRP-focused DeFi services. Monero and Zcash also posted solid gains of 6.11% and 3.85% respectively.

Why It Matters: Flare's rally signals growing interest in blockchain interoperability solutions, particularly those bridging traditional crypto assets with DeFi applications. The token's focus on unlocking XRP's DeFi potential positions it at the intersection of two major crypto trends.

ElevenLabs Drops Conversational AI 2.0 Into Enterprise Reality

What Happened: ElevenLabs launched Conversational AI 2.0 with advanced enterprise features, marking the company's evolution from voice cloning startup to full-stack AI conversation platform. The update introduces improved context awareness, multi-language support, and enterprise-grade security features. Early beta testers report significantly more natural dialogue flows compared to version 1.0.

Why It Matters: This positions ElevenLabs to compete directly with established players like OpenAI and Anthropic in the lucrative enterprise AI market. With voice interfaces becoming the new mobile-first paradigm, whoever cracks natural conversation owns the next computing platform.

Perplexity Labs Wants to Build Your Entire Idea From Scratch

What Happened: Perplexity introduced Labs, a comprehensive creation suite that helps users build apps, reports, spreadsheets, and dashboards from simple prompts. Unlike traditional AI assistants that just answer questions, Labs positions itself as an end-to-end idea execution platform. The tool integrates with popular productivity software and promises to turn concepts into functional prototypes within minutes.

Why It Matters: This represents a massive expansion of Perplexity's mission beyond search into the broader productivity stack. If successful, it could threaten established software categories from Microsoft Office to low-code platforms—making Ideas as a Service the new SaaS.

Apple's WWDC 2025 Shaping Up to Be More Whisper Than Bang

What Happened: Reports suggest Apple's Worldwide Developers Conference will be notably smaller this year, with no major hardware launches planned and limited AI announcements expected. Internal concerns are growing about Apple's position in the generative AI race compared to OpenAI and Google. The biggest highlight will likely be a visionOS-inspired UI overhaul across iOS 26, iPadOS 26, and macOS 26, featuring glass-like translucent elements.

Why It Matters: For a company that's mastered the art of "one more thing," scaling back suggests Apple's playing catch-up rather than leading innovation. Sometimes the most important tech news is what isn't happening—and right now, that's Apple setting the AI agenda. Guess they're having a core moment of reflection.