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S&P 500 Breaks 7,600 as AI Boom Drives Nine-Day Rally, June 03
S&P 500 hits record 7,609.78 on AI rally with nine-day win streak. Marvell surges 32%, HPE jumps 19% amid valuation concerns.
Liberia Iron Ore Boom: ArcelorMittal Resumes Operations, Output Targets 30 Mtpa by 2026
Liberia targets 30 Mtpa iron ore output by 2026 as ArcelorMittal resumes operations amid global supply deficit.
Halal and Specialty Meat Markets Surge Across North America, June 03
Halal and specialty meat markets expand across North America amid strong demand, pricing pressures, and regional competition.
Intel Memory Prices Surge as AI Demand Strains Supply Through 2027
Memory chip prices surge amid AI demand. Supply shortages extend to 2027, raising system costs and pressuring PC maker margins.
Pedal Revolution Enters Administration After 25 Years in Norwich
Pedal Revolution, a Norwich cycling shop operating for 25 years, enters administration. Parker Andrews appointed administrator on 20 May 2026.…
Navitas Semiconductor NVTS at $25.86 Today as NVIDIA MGX 800V AI Infrastructure Deal Fuels Growth Outlook
Navitas Semiconductor has attracted significant attention from investors after announcing its participation in NVIDIA’s next-generation MGX 800V AI infrastructure ecosystem. With NVTS stock trading around $25.86, the company is increasingly being viewed as an important supplier of advanced power solutions for artificial intelligence data centers. The rapid expansion of AI technologies is driving unprecedented demand…
S&P 500 Hits 7,609.78 as AI Rally Extends Nine-Day Win Streak, June 03
S&P 500 closes at 7,609.78, up 0.13%, above 7,600 for first time. Dow gains 0.45%, Nasdaq up 0.03%. Chip stocks lead nine-day winning streak.
UK Economy Forecast: 0.9% Growth, 1.4% Last Year, OECD Warns Recession Risk
The latest outlook for the UK economy shows a clear slowdown in growth momentum as global and domestic pressures continue to weigh on performance. According to updated projections, economic growth is expected to reach only 0.9% in the coming period, compared to 1.4% recorded last year. This downgrade reflects weaker business investment, persistent inflation pressures,…
Heng Swee Keat Named SIT Chancellor, June 03
Former DPM Heng Swee Keat appointed as Singapore Institute of Technology’s inaugural chancellor for five-year term through May 2031.