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Seven-Eleven Japan’s Fried Food Sale Sells Out Fast, Stock Holds Steady June 05
Seven-Eleven Japan’s half-price fried food sale sold out at many stores June 3-6. Stock fell 1.3% to ¥3,456.
Activist Nomura Acquires 1.86% of TV Asahi, June 05
Activist investor Nomura Ayako acquires 1.86% stake in TV Asahi Holdings on June 4, becoming 8th largest shareholder. Stock rises 4.6%.
India Launches ₹25,530 Crore SARTHAK Scheme to Modernize Food Distribution
India’s Cabinet approves ₹25,530 crore SARTHAK-PDS scheme to modernize public distribution and enhance food security through technology.
Bajaj Auto Rises 0.8% to ₹10,362 on June 04 as Copper Demand Climbs
Bajaj Auto stock rises 0.8% to ₹10,362. Meyka rates it B+ with ₹11,024 target. Copper surge supports automotive demand.
Japan Post Holdings Stock Rises 3.4% on June 05 as Earnings Loom
Japan Post Holdings stock rose 3.4% to ¥2,145.50 on June 05. Meyka rates it B-, indicating limited upside ahead of the June 26 shareholder meeting.
Broadcom Stock Crashes 14% After AI Forecast Disappoints, June 04
Broadcom stock drops 14% to $411.55 after Q2 earnings beat but AI guidance disappoints. CEO maintains $100B annual AI target despite 143% YoY growth.
India Merges BBNL With BSNL, Raises Concerns Over Jobs and Benefits, June 04
BBNL merges with BSNL on June 3, 2026. Employee unions raise concerns over job security, ₹900 crore wage arrears, and pension contribution shortfalls.
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…
Rajesh Exports Hits Lower Circuit as SEBI Alleges ₹15.15 Lakh Crore Fraud, June 04
SEBI alleges Rajesh Exports inflated revenues by ₹15.15 lakh crore between FY21-FY25. Stock hits 5% lower circuit. Promoter barred from trading.