10 things you need to know before the opening bell

Welcome to 10 Things Before the Opening Bell. Sign up here to get the day's top stock and crypto news in your inbox every morning.

Sign up for Insider Investing for your weekly markets analysis.

Here's what you need to know before markets open.

1. Global shares stall as investors await inflation signals from the Fed, gold steadies after 3 days of losses. Investor optimism dipped ahead of a key Federal Reserve decision.

2. UK inflation unexpectedly surges to 2.1% in May as Brits splurge after lockdown - and economists think prices have further to rise. The increase took inflation above the Bank of England's target rate.

3. Coca-Cola lost $4 billion in market value after soccer star Cristiano Ronaldo suggested people should drink water instead. Ronaldo showed his distaste for the soft drink during a Euros 2020 press conference.

4. 'Big Short' investor Michael Burry is back on Twitter - and warning of the biggest market bubble in history. It seems Burry's concerns only grew during his 10-weak hiatus from Twitter.

5. Goldman Sachs says it is seeing a 'superbloom' of M&A activity as corporations rethink their businesses after the pandemic. The M&A market is burning hot right now, according to Goldman's expert.

6. Earnings expected. Lennar Corp reports on a quiet day.

7. On the economics calendar. It's a big moment for markets as the Federal Reserve reveals its policy decisions.

8. The top US portfolio manager at $2 trillion Amundi believes a regulatory storm is coming for cryptocurrency. He explains why bitcoin and ether will play a smaller role in the financial system in 10 years.

9. A VC shares the crypto-investing strategy that increased his fund size sixfold in 4 years. He also lays out his unique use case for betting on Polkadot's DOT, a token that's surged 200% this year.

10. Deirdre Dunn started her career winning a hamburger-eating contest on the trading floor at Goldman Sachs. She details her journey to becoming one of Wall Street's star traders at Citigroup.