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STI Falls 1.7% to 4,963.67 on Tech Rout and Middle East Tensions, June 08
Singapore’s STI index fell 1.7% to 4,963.67 on June 8 amid global tech selloff and Middle East tensions. Semiconductors led losses.
BP Shares Fall 12% to £5.46 as Oil Peace Deal Weighs, June 08
BP shares fall 12% to £5.46 on Iran peace deal expectations. JPMorgan holds 600p target; analyst consensus at 635p. CEO change supports oil focus.
Murata Stock Drops 12% on Tech Selloff, June 08
Murata Manufacturing stock fell 12% to ¥8,711 on June 08 amid AI concerns and Middle East tensions. Meyka rates it B.
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…
Samsung Pursues HBM4E Deal With Nvidia as Memory Competition Heats Up
Samsung pursues HBM4E partnership with Nvidia as memory chip competition intensifies among qualified suppliers.
BigBear AI Stock News: NYSE: BBAI Hits $4.20 After 11.95% Move as Pre-Market Rises to $4.30 (+2.38%)
BigBear.ai (NYSE: BBAI) surged to $4.20 in trading on June 8, 2026. The stock climbed 11.95% during the session. In pre-market, it moved higher to $4.30, up 2.38%. Investors are reacting to renewed interest in AI and defense technology. Volatility remains high as traders watch key levels closely. The move comes after recent consolidation around…
UK Regulator Launches Probe Into eBay (EBAY) $1.2 Billion Depop Acquisition From Etsy (ETSY)
The UK competition regulator has officially launched a detailed probe into the earlier $1.2 billion acquisition of Depop, a fashion resale platform, involving eBay (ebay) and Etsy (ETSY). The investigation focuses on whether the deal may have reduced competition in the online secondhand fashion marketplace and affected fair pricing and consumer choice. The move has…
German Industrial Orders Drop 3.8% Month on Month in April, Weaker Than Expected 2.0% Decline
Germany’s manufacturing sector faced another setback after German Industrial Orders declined 3.8% month on month in April 2026, significantly worse than the market expectation of a 2.0% decline. The latest data from Germany’s Federal Statistical Office, Destatis, showed that the fall followed a revised 4.5% increase in March, indicating that the previous surge was temporary…
Oil Prices (June 08) Surge 5% as Brent Crude Tops $97 Amid Israel-Iran Airstrike Escalation
Oil prices jumped sharply on June 8, 2026. Brent crude rose close to 5%, briefly moving above $97 per barrel. The trigger was renewed fighting between Israel and Iran, including airstrikes and missile retaliation. We saw global energy markets react within minutes. Traders rushed to price in supply risks from the Middle East. This added…