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Activist Nomura Acquires 1.86% of TV Asahi, June 05
Activist investor Nomura Ayako acquires 1.86% stake in TV Asahi Holdings on June 4, becoming 8th largest shareholder. Stock rises 4.6%.
SpaceX IPO Prices at $135 Per Share, Targets Record $75 Billion Raise
SpaceX prices IPO at $135/share for record $75 billion raise, valuing the rocket and satellite firm at $1.77 trillion. Nasdaq debut expected June 12.
Bajaj Auto Rises 0.8% to ₹10,362 on June 04 as Copper Demand Climbs
Bajaj Auto stock rises 0.8% to ₹10,362. Meyka rates it B+ with ₹11,024 target. Copper surge supports automotive demand.
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.
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.
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…
PayPay Moves to Acquire Majority Stake in T&D Financial Life Insurance
PayPay is making a decisive shift in Japan’s financial landscape with its plan to acquire a 70.2% controlling stake in T&D Financial Life Insurance. This marks the company’s official entry into the life insurance sector and signals a broader transformation of digital payment platforms into full-scale financial ecosystems. Rather than functioning only as a payment…
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.
FTSE 100 Live: Index Falls 52.09 Points to 10,280.21 as Prudential, HSBC & Standard Chartered Drop on China Tariff Shock
The FTSE 100 index opened under pressure as global markets reacted to renewed concerns over trade tensions between major economies. The index fell by 52.09 points to close at 10,280.21, reflecting broad weakness across financial and multinational stocks heavily exposed to China. The decline was driven mainly by losses in banking and insurance heavyweights including…