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China Plans $295 Billion AI Infrastructure Push with 2 Trillion Yuan Data Center Investment
China is preparing a massive artificial intelligence infrastructure expansion worth nearly $295 billion, marking one of the largest AI investments ever announced. Reports on June 9, 2026, revealed plans to invest 2 trillion yuan in a nationwide network of data centers and computing hubs. The move highlights Beijing’s growing focus on AI leadership and technology…
Rail Vikas Nigam Ltd Shares Jump 3% After Securing Rs 221 Crore Railway Contract
Rail Vikas Nigam Ltd (NSE: RVNL) opened sharply higher on June 9. RVNL shares rallied more than 3% in early trade after the state-owned railway infrastructure company announced a major contract win from South East Central Railway worth ₹221.33 crore. The company received a Letter of Acceptance (LoA) from South East Central Railway for signalling…
Apollo and Blackstone Commit $35 Billion to Anthropic’s AI Infrastructure
Apollo Global Management and Blackstone have finalized a $35 billion financing package for Anthropic, marking one of the largest private credit transactions in AI history. The funding will help Anthropic secure advanced AI computing infrastructure, primarily through Google’s custom Tensor Processing Units, known as TPUs, which are essential for training and running large language models…
S&P 500 Hits AI-Driven Highs as Citigroup Lifts Forecast to 8,100 but Warns on P/E Pressure
The S&P 500 continues to push toward record territory as enthusiasm surrounding artificial intelligence drives investor confidence across the stock market. Adding to the bullish sentiment, Citigroup recently raised its forecast for the benchmark index to 8,100, reflecting expectations of continued earnings growth and sustained momentum from technology leaders. However, alongside this optimistic outlook, Citigroup…
AVGO Stock News: Broadcom Reports $10.8B AI Revenue Surge, Shares Drop 14% After Q2 FY2026 Update
Broadcom Inc. (AVGO) released its Q2 FY2026 earnings update, reporting a massive $10.8 billion AI revenue surge, driven by strong demand for custom AI chips, networking solutions, and hyperscale data center infrastructure. Despite these strong fundamentals, AVGO stock fell nearly 14 percent after the announcement, surprising many investors in the stock market. The sharp decline…
Tech Stocks (June 08) Rally: Nvidia +1% at 04:14 ET, Marvell & Micron Jump 4-7%, AMD & Intel Rise 1%
Semiconductor and tech stocks bounced back on June 8, 2026, as investors returned to some of the market’s biggest technology names. NVIDIA traded higher in early trading, while Marvell Technology and Micron posted even stronger gains, signaling renewed confidence in the AI-driven chip sector. The rebound came just days after a sharp market selloff that…
Switch in Talks to Raise Billions as Data Center Boom Pushes Valuation Above $50 Billion
The artificial intelligence infrastructure race is creating new winners across the data center industry, and Switch is quickly becoming one of the biggest names in that trend. Reports indicate that the company is in discussions to raise billions of dollars from investors at a valuation above $50 billion, highlighting the growing demand for AI-ready data…
Broadcom Inc. (AVGO) Stock Analysis: Decoding Premium Valuation in the AI Hyper-Growth Era
Broadcom Inc. has become one of the biggest winners of the artificial intelligence boom. In fiscal 2026, the company continued reporting strong AI-driven growth, with demand for custom chips and networking solutions rising across major cloud providers. As of June 2026, investors remain focused on whether AVGO’s soaring share price and premium valuation can be…
Best Tech Stocks in Singapore Today (June 2026): Venture Corporation (V03.SI), AEM Holdings (AWX.SI) & iFAST (AIY.SI)
Singapore’s stock market is building real momentum heading into June 2026, and Tech Stocks are at the center of that story. Three names stand out right now: Venture Corporation (V03.SI) at S$18.32, AEM Holdings (AWX.SI) at S$9.90, and iFAST Corporation (AIY.SI) at S$9.07, all as of June 2026. Each is tied to a different but…