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NVDA Falls 6.2% to $205.10 as Supply Concerns Mount, June 07
NVIDIA stock fell 6.2% to $205.10 on June 07 amid energy supply concerns for AI expansion. Meyka rates it A with a $244 price target.
Navy Ship Fire at San Diego Shipyard Contained, No Injuries, June 08
Fire breaks out on USNS Harriet Tubman at NASSCO shipyard in San Diego. Over 80 firefighters respond. No injuries reported. Damage minimal.
Nikkei 225 Falls 1.3% to 66,588 on Broadcom Shock, June 08
Nikkei 225 falls 1.3% to 66,588 on June 08 as Broadcom’s weak AI chip guidance sparks global tech rout. Index down from 68,786 record high.
West Bengal Launches Self-Survey in Awas Yojana Housing Scheme, June 08
West Bengal’s Awas Yojana now allows beneficiaries to conduct property surveys independently, streamlining housing assistance applications.
Gold and Silver Crash on US Jobs Data, June 08
Gold falls 3.3% to ₹1.55 lakh/10g, silver drops 7% to ₹2.48 lakh/kg on strong US jobs data and rate cut expectations.
Hong Kong Stocks Face Sharp Selloff as US Jobs Data Triggers Global Rout, June 08
Hong Kong stocks plunge as strong US jobs data fuels rate hike fears. Hang Seng faces sharp selloff on June 8 after Nasdaq crashes.
SpaceX IPO Targets $1.75 Trillion Valuation, June 07
SpaceX IPO seeks $75B at $1.75T valuation with $150B investor demand. Mega-tech offerings could create summer market headwinds, analysts warn.
Tamil Nadu Power Cuts Spark Political Row, June 08
Tamil Nadu power cuts June 8: TNPDCL maintenance suspends electricity 9 AM–5 PM across Chennai, Coimbatore, Erode, Tiruppur, and other districts.
Microsoft Stock Falls 2.7% on AI Spending Doubts, June 08
Microsoft stock fell 2.7% to $416.67 amid analyst disagreements on AI spending returns and mixed price targets.