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Siemens Energy Starts €1B Buyback as Forecast Rises, June 04
Siemens Energy launches €1B buyback as 2026 revenue forecast rises to 14-16% on record orders and strong cash flow.
Trump Proposes 12.5% Tariffs on Switzerland Over Forced Labor, June 04
Trump administration proposes 12.5% tariffs on Switzerland and 44 countries for failing to enforce forced labor import bans.
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.
Boris Palmer Refuses Wheelchair Ramp for Para-Athlete, June 03
Tübingen mayor Boris Palmer declines wheelchair ramp for para-athlete Cary Hailfinger at June 30 ceremony, citing space and cost concerns.
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.
Japan, Philippines Forge Maritime Alliance Against China in South China Sea, June 04
Japan and Philippines strengthen maritime defense ties amid Chinese military drills and South China Sea territorial tensions.
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…