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NASDAQ:GDC 17 June 2026

GD Culture shares drop on heavy trading and ongoing buyout uncertainty

GD Culture shares drop on heavy trading and ongoing buyout uncertainty

GD Culture Group Ltd. crashed 73.3% to $0.028 Tuesday, with volume over 11 times normal as the Nasdaq-listed AI and digital asset stock slid. Shares were last seen at about $0.032 after hours, according to Google Finance. The selloff is putting new pressure on GDC’s still-open $10.75 per share buyout proposal. That deal is only preliminary and non-binding, so the bidders don’t have to stick with it. GDC has said there’s no guarantee they’ll sign anything final or actually close on the deal.
17 June 2026
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Stock Market Today

  • Dollar Rises as Stocks Slip, Oil Climbs; Fed Talk, Trade Gap in Focus
    July 7, 2026, 5:59 PM EDT. The dollar index added 0.24% on Tuesday, helped by weaker stock markets and climbing crude oil, which pushed up inflation fears. The move got another lift after New York Fed President John Williams stuck to a hawkish line, pointing to stubborn inflation. The dollar's gains were capped by a jump in the U.S. trade deficit, which hit $77.6 billion in May, the widest in over a year. EUR/USD fell 0.25% as the greenback strengthened, even after German industrial production rose 0.9%. USD/JPY was almost flat, down 0.02%, with the yen steady on better Japanese economic data and higher government bond yields, though wage numbers missed. The yen is still pinned near a 39-year low above 160 per dollar and traders are watching for signs of intervention. Market odds for a 25 bp Fed hike in July are at 25% and expectations for an ECB hike sit at just 4%.
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