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Japan’s BOJ Hints at June Rate Hike as Inflation Concerns Rise, June 05
BOJ Governor Ueda signals June rate hike to combat inflation. Yen remains weak at 160 per dollar despite hawkish signals.
Anthropic Files for IPO at $965B Valuation, Surpasses OpenAI
Anthropic files for IPO at $965B valuation with Morgan Stanley and Goldman Sachs leading. Listing expected as early as October 2026.
Prabowo Fires Nutrition Chief Over Corruption Probe, June 05
Prabowo fires nutrition agency chief Dadan Hindayana over corruption allegations in free meals programme. Three officials arrested on graft charges.
FUBO Stock Falls 6.2% to $10.06 as Earnings Loom, June 04
FUBO stock fell 6.2% to $10.06 on June 04. Meyka rates it a C with a sell recommendation and $5.94 price target.
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…
Dow Futures Rise 0.5%, Nasdaq Futures Sink 1% After Broadcom Earnings Disappoint
Dow futures climbed about 0.5% on June 5, while Nasdaq futures dropped nearly 1% after Broadcom’s latest earnings report failed to meet Wall Street’s high expectations. The sharp market split highlights growing investor concerns about whether the AI-driven rally can maintain its momentum. Semiconductor stocks came under pressure, even as buyers moved into blue-chip names….
NIFTY50, Sensex Close Flat as Investors Stay Cautious on Mixed Global Cues
Indian stock markets showed little movement on June 4, 2026, as investors weighed mixed signals from global markets. The NIFTY50 and Sensex ended nearly flat despite sharp swings during the trading session. Rising oil prices, geopolitical tensions, and uncertainty around upcoming policy decisions kept traders cautious. At the same time, selective buying in key sectors…
SpaceX IPO Targets Record $75 Billion Raise With 555,555,555 Shares at $135 Each
The SpaceX IPO is shaping up to be one of the biggest events in stock market history. Elon Musk’s space and satellite company plans to sell 555,555,555 shares at $135 per share, targeting a massive $75 billion fundraising round. The proposed transaction values SpaceX at approximately $1.75 trillion, placing it among the world’s most valuable…
Nvidia CEO Jensen Huang Courts South Korea as Samsung and SK Hynix Power 70% of AI Chip Memory
Nvidia’s CEO, Jensen Huang, is on his second visit to South Korea in just seven months, and this trip goes well beyond boardroom meetings. Samsung Electronics and SK Hynix together produce about 70% of the memory needed for AI chips like Nvidia’s, making South Korea an essential partner in the physical AI era. Huang’s visit…