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Japan Post Holdings Stock Rises 3.4% on June 05 as Earnings Loom
Japan Post Holdings stock rose 3.4% to ¥2,145.50 on June 05. Meyka rates it B-, indicating limited upside ahead of the June 26 shareholder meeting.
Steven Lyons Fights Spain Extradition in Amsterdam Court, June 04
Steven Lyons contests extradition from Netherlands to Spain over organised crime charges. Amsterdam court decision due June 18.
Broadcom Stock Crashes 14% After AI Forecast Disappoints, June 04
Broadcom stock drops 14% to $411.55 after Q2 earnings beat but AI guidance disappoints. CEO maintains $100B annual AI target despite 143% YoY growth.
Newport Coast CEO Arrested for Smuggling U.S. Tech to Iran, June 04
Jamshid Ghomi arrested for illegally supplying U.S. computer equipment to Iran’s military and nuclear programs. Faces 20 years in prison.
LG Group to Adopt 10,000 Nvidia GPUs for AI and Humanoid Robot Development
The LG Group has announced a major expansion in its artificial intelligence strategy by planning to adopt 10,000 Nvidia GPUs for AI model training and humanoid robot development. This move highlights the company’s growing ambition to become a global leader in next-generation AI and robotics technologies. The decision reflects how large industrial conglomerates are investing…
EU-Mercosur Trade Deal Provisionally Applied, June 04
EU-Mercosur trade deal provisionally applied May 1st, covering 700M people and €84B annual trade. Faces EU Parliament vote and court review.
Puma Shares Jump 7% as Citi Upgrades Stock to Buy, Raises Target to €35
The Puma stock surged by 7% after Citi upgraded the company to a “Buy” rating and raised its price target to €35. The upgrade triggered strong investor interest, leading to a sharp rise in buying activity across European equity markets. The positive move reflects renewed confidence in the sportswear giant as analysts highlight improving brand…
Japan Chemical Weapons Cleanup Accident Injures 2 Workers, June 04
Two Japanese workers hospitalized after toxic gas exposure during cleanup of abandoned WWII chemical weapons in China.
United Airlines Expands Newark Hub as On-Time Performance Leads Northeast, June 04
Newark Liberty leads Northeast airports in on-time performance as United Airlines expands routes and seeks higher flight caps.