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PHLX Chip Index Crashes 10.3% on Broadcom Shock, June 06
PHLX Semiconductor Index drops 10.3% on June 05, erasing $1.3 trillion in market value amid weak AI chip demand.
ISS Air Leak Forces Astronauts to Shelter, Repairs Paused June 06
ISS air leak forces astronauts to shelter in Dragon capsule as Roscosmos attempts repairs. Leak rate doubled to 2 pounds per day.
Swiss Bar Owner Faces New Fraud Charges in Crans-Montana Fire, June 06
Jessica Moretti charged with document fraud in Crans-Montana bar fire that killed 41 people. Swiss police investigating suspicious foam invoice.
McDonald’s Tests AI Drive-Thru System ArchIQ at Five Locations, June 06
McDonald’s tests ArchIQ AI drive-thru system at five US locations with 90% order completion rate and 2.6% stock gain.
Pentagon Hires Jan. 6 Rioter for Counterterrorism Role, June 06
Pentagon hires Jan. 6 rioter Elias Irizarry for counterterrorism role after Trump pardon.
Australia’s Capital Gains Tax Overhaul: What the 2026 Budget Means, June 06
Australia’s 2026 Budget replaces the 50% CGT discount with inflation indexation and introduces a 30% minimum tax from July 2027.
Bitcoin Crashes 4.1% to $60,968 as Fed Rate Hike Bets Surge
Bitcoin drops 4.1% to $60,968 USD after strong US jobs report fuels Fed rate hike expectations and capital rotation to gold and AI stocks.
China Tracks Dutch Frigate in Taiwan Strait, June 06
China’s military tracked a Dutch Navy frigate in the Taiwan Strait on June 5, citing concerns over sovereignty. The Netherlands says its passage…
Hannah Smith Sues Carnival Cruise After Losing Both Legs, June 06
Hannah Smith lost both legs in a propeller accident during a Carnival cruise Bahamas excursion. Lawsuit alleges crew overserved alcohol and marijuana.