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Australia’s $150B Data Centre Boom Saves Economy, June 07
Australia’s $150 billion data centre boom drives economic growth with 160+ facilities operating and 90 planned, raising energy and water concerns.
SpaceX IPO at $135 Per Share: Bybit Opens Crypto Access, June 07
SpaceX IPO priced at $135/share. Bybit’s IPO Express gives retail investors tokenized access to SpaceX shares at the offering price.
BlackBerry Stock Falls 9% as CFO Reaffirms AI Strategy, June 07
BlackBerry stock falls 9% to $9.41 as CFO reaffirms AI vision. Year-to-date gain of 148% raises valuation concerns amid QNX growth momentum.
Hydro-Quebec Net Income Falls 10% as Reservoir Hits 21-Year Low
Hydro-Quebec’s Q1 net income drops 10% to CAD 1.8 billion as Caniapiscau reservoir hits 21-year low at 24% capacity due to drought.
Telangana Launches Digital Fertilizer App, Fruit Market Project, June 07
Telangana launches APAIMS app for urea and DAP fertilizer sales across 26 districts, plus international fruit market in Ranga Reddy.
South Korea Eyes Canada Submarine Deal with CAD $3.1B Hydrogen Plan, June 07
HD Hyundai expands Canada submarine bid with CAD $3.1B hydrogen truck ecosystem, oil refining, and mining projects. Decision due by end of June 2026.
VIX Spikes 40% as Chip Stocks Crash $1.3 Trillion, June 07
VIX surges 40% as semiconductor stocks plunge $1.3 trillion amid Fed rate hike concerns and weak tech guidance.
Jamaica’s Island-Wide Blackout Exposes Grid Weakness, June 07
Jamaica’s electrical grid failed Friday night, affecting 2.8 million people. Lightning triggered a cascading failure under investigation.
S&P 500 Falls 2.6% on Tech Sell-Off, Jobs Data Spark Rate Hike Bets, June 07
S&P 500 plunges 2.6% on tech sell-off and strong jobs report. Nasdaq falls 4.2%. Micron drops 13%. Fed rate hike odds rise above 60% by year-end.