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SK Hynix Seals Multi-Year AI Deal With Nvidia, June 08
SK Hynix signs multi-year partnership with Nvidia to develop advanced memory for AI data centers. Deal secures supply as memory demand surges.
Adani Green Falls 2.3% as Wealth Rally Lifts Gautam Adani, June 09
Adani Green Energy down 2.3% to ₹1,490.50 despite Gautam Adani topping Asia’s rich list. Stock up 47% YTD after US fraud charges dismissed.
Nasdaq Futures Rise 1.59% as Tech Rebounds From Friday’s Rout, June 08
Nasdaq futures rise 1.59% on June 08 as chip stocks rebound from Friday’s 4.2% selloff. Tech gains offset Middle East tensions and oil price surge.
Ericsson Repurchases 2M Shares for SEK 252M in June Buyback
Ericsson repurchases 2.025M shares for SEK 252.3M during June 1-5, 2026, as part of its SEK 15B buyback program running through March 2027.
Nikkei 225 Plunges 3.85% to 64,024.6 on Tech Rout, June 08
Nikkei 225 drops 3.85% to 64,024.6 on June 8 as chip stocks fall, U.S. rate hike fears mount, and Middle East tensions spike oil prices.
S&P 500 Hits AI-Driven Highs as Citigroup Lifts Forecast to 8,100 but Warns on P/E Pressure
The S&P 500 continues to push toward record territory as enthusiasm surrounding artificial intelligence drives investor confidence across the stock market. Adding to the bullish sentiment, Citigroup recently raised its forecast for the benchmark index to 8,100, reflecting expectations of continued earnings growth and sustained momentum from technology leaders. However, alongside this optimistic outlook, Citigroup…
MSTR Stock Falls 6.90% to $120.44 as Strategy Inc Class A Drops $8.93 Amid Market Pressure
MSTR Stock experienced a notable decline of 6.90 percent, falling to $120.44 as Strategy Inc Class A shares dropped by $8.93 during a broader wave of market pressure. The move attracted attention across the stock market, especially among investors tracking Bitcoin-linked equities and high-volatility growth names. Strategy Inc, formerly MicroStrategy, is widely known for its…
AVGO Stock News: Broadcom Reports $10.8B AI Revenue Surge, Shares Drop 14% After Q2 FY2026 Update
Broadcom Inc. (AVGO) released its Q2 FY2026 earnings update, reporting a massive $10.8 billion AI revenue surge, driven by strong demand for custom AI chips, networking solutions, and hyperscale data center infrastructure. Despite these strong fundamentals, AVGO stock fell nearly 14 percent after the announcement, surprising many investors in the stock market. The sharp decline…
LULU Shares at $114.23: Lululemon Athletica Inc Reports 8.56% Decline After Q1 2026 Earnings Call
LULU shares took a direct hit following the June 4 earnings call. Investors traded Lululemon Athletica Inc (NASDAQ: LULU) down 10.9% to $111.30 in after-hours trading on Thursday before partially recovering to $114.23 by June 8, an 8.56% net decline from the pre-earnings close. LULU shares were already down 39.35% year-to-date heading into the report….