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India’s Supreme Court Bans AI From Judicial Decisions, June 05
India’s Supreme Court bans AI from judicial decisions, sentencing, and bail. AI limited to research, translation, and case management only.
Inflation Forecast Raised: RBI Sees FY27 Inflation at 5.1%, Keeps Repo Rate at 5.25%
Inflation is once again at the center of India’s economic discussion. On June 5, 2026, the Reserve Bank of India (RBI) delivered a key monetary policy update that caught market attention. The RBI kept the repo rate unchanged at 5.25%, continuing its cautious “wait and watch” approach. At the same time, it raised its inflation…
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…
30-Year Mortgage Rate Drops to 6.48%, Down 37 Basis Points Year-Over-Year
30-year fixed mortgage rate fell to 6.48% as of June 4, 2026, down 37 basis points from a year ago.
Asian Shares Drop Sharply as South Korea Slumps Over 5% on US AI Stock Sell-Off
Asian shares came under strong selling pressure in today’s trading session as global risk sentiment weakened sharply. We are seeing a broad decline across regional equity markets, with South Korea emerging as the worst performer. South Korea’s benchmark index fell more than 5%, driven by a global sell-off in artificial intelligence (AI) and technology stocks…
Murata Manufacturing Falls 6% on Weak Tech Sector, June 05
Murata Manufacturing (6981.T) drops 6% to ¥9,695 on June 05 amid Japanese tech sector decline despite new automotive MLCC launch.
Ethereum USD Drops 3.24% Daily: ETHUSD at $1,653
Ethereum USD falls 3.24% to $1,653. Technical analysis shows oversold RSI at 21 and strong downtrend. Price forecast targets $2,507 monthly.
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…
Bitcoin USD Drops 3.83% Daily: BTCUSD at $61,743
Bitcoin USD falls to $61,743 with -3.83% daily decline. Technical analysis shows oversold RSI at 24.47 and strong downtrend ahead.