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Nvidia CEO Says Company Can Meet AI Chip Demand Despite Supply Constraints, Reuters Reports
Demand for artificial intelligence chips remains one of the biggest drivers of the technology sector in 2026. On June 2, Nvidia CEO Jensen Huang said the company has enough capacity to support strong CPU and GPU growth despite ongoing supply constraints. His comments come as cloud providers and businesses continue investing billions in AI infrastructure…
South Korea Climbs Global Rankings to 6th Largest Stock Market as AI Rally Sends Samsung Electronics & SK Hynix Above $1 Trillion
South Korea has moved ahead of India to become the world’s sixth-largest stock market, driven by a powerful artificial intelligence and semiconductor rally. According to market data, the total market capitalization of South Korean listed companies has surged to $5 trillion, compared with India’s $4.8 trillion. South Korea’s equity market value has jumped 86% in…
Swiss SMI Drops 1.75% on Iran Tensions, Pharma Stocks Fall
Swiss SMI index fell 1.75% to 13,305.40 on June 1 amid U.S.-Iran tensions. Pharma stocks dropped over 3% despite strong retail sales.
Tech Stocks Lead US Markets to Record Highs on June 02
US stocks hit record highs as Nvidia surges 6% on new AI laptop chip. S&P 500 rises 0.26% to 7,599.96. Tech leads amid peace optimism.
Hewlett Packard Enterprise Stock Soars 35% After Record Q2 Earnings; HPE Jumps to $60.18 After Hours
Hewlett Packard Enterprise (HPE) surprised Wall Street with one of its strongest quarterly performances in years. The company reported Q2 FY26 revenue of $10.7 billion, up 40% year over year, while adjusted earnings came in at $0.79 per share, comfortably beating analyst estimates of $0.53 per share. The strong results pushed HPE stock to $60.18…
Hong Kong Food Safety Channel Launches Public Education Initiative, June 02
Hong Kong Centre for Food Safety launches EAT TV food safety channel to educate public on food standards and consumer protection measures.
Dow Jones Hits Record 51,078.88 on Tech Rally, June 02
Dow Jones rises 0.09% to 51,078.88 as Nvidia leads tech rally. S&P 500 gains 0.26%, Nasdaq up 0.42%. Oil surges on Iran tensions.
DAX Ends May with Gains, Starts June Cautiously at 25,079
DAX falls 0.4% to 24,994 on June 1 after strong May. Geopolitical tensions and European weakness drive caution.
Daily Mail Exposes Bacha Bazi Child Abuse in Afghanistan, June 02
Daily Mail report reveals bacha bazi sexual abuse of children continues under Taliban rule, with officials and commanders implicated in exploitation.