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Nvidia Falls 3.6% as AI Funding Boom Threatens Bull Market, June 04
Cramer warns AI funding surge threatens bull market. Nvidia falls 3.6% as investors may sell winners to fund AI projects. Alphabet raises $847.5B.
Newport Coast CEO Arrested for Smuggling U.S. Tech to Iran, June 04
Jamshid Ghomi arrested for illegally supplying U.S. computer equipment to Iran’s military and nuclear programs. Faces 20 years in prison.
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…
PayPay Moves to Acquire Majority Stake in T&D Financial Life Insurance
PayPay is making a decisive shift in Japan’s financial landscape with its plan to acquire a 70.2% controlling stake in T&D Financial Life Insurance. This marks the company’s official entry into the life insurance sector and signals a broader transformation of digital payment platforms into full-scale financial ecosystems. Rather than functioning only as a payment…
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….
US Stock Market Today: Dow Jones Futures Rise 0.5% While Nasdaq 100 Futures Sink 1% After Broadcom Earnings Flop
The Stock Market is showing a clear split today. We are seeing two very different stories across Wall Street futures. On one side, Dow Jones futures are rising around 0.5%, showing steady confidence in blue-chip and industrial stocks. On the other side, Nasdaq 100 futures are falling nearly 1%, dragged down by weakness in the…
AVGO Stock Falls 12% Premarket as Broadcom Keeps $100 Billion AI Revenue Target Unchanged
The AVGO Stock saw a sharp decline of nearly 12% in premarket trading after Broadcom released its latest earnings update while maintaining its ambitious $100 billion artificial intelligence revenue target. The sudden drop surprised investors who were expecting stronger near-term guidance following the company’s rapid AI-driven growth over the past year. Despite the strong long-term…
Top Performing Hong Kong Stocks Today: Tencent Holdings (0700.HK), Tencent (80700.HK), CATL (3750.HK)
The Hong Kong stock market has been generating serious investor attention in June 2026. Tencent Holdings, its RMB-denominated counter, and CATL are leading the charge with strong trading volumes, solid business fundamentals, and clear growth narratives around artificial intelligence and clean energy technology. These three businesses represent a unique blend of artificial intelligence growth and…
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…