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SpaceX Sets $135 IPO Price for Record $75 Billion Raise, June 04
SpaceX IPO priced at $135/share to raise $75 billion at $1.77 trillion valuation, with trading starting June 12.
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.
HMRC Fuel Rates Rise to 17p Per Mile From June 1, 2026
HMRC advisory fuel rates rise to 17p per mile from June 1, 2026. Company car employees face higher charges. Rates reviewed quarterly.
PayPay Moves to Acquire Majority Stake in T&D Financial Life Insurance
PayPay is making a decisive shift in Japan’s financial landscape with its plan to acquire a 70.2% controlling stake in T&D Financial Life Insurance. This marks the company’s official entry into the life insurance sector and signals a broader transformation of digital payment platforms into full-scale financial ecosystems. Rather than functioning only as a payment…
Jeremy Clarkson’s Net Worth Hits £55M as Farm Doubles in Value, June 04
Jeremy Clarkson’s net worth is £55M, with Diddly Squat Farm valued at £12.5M. The farm shop and restaurant drive profitability.
Dow Futures Rise 0.5%, Nasdaq Futures Sink 1% After Broadcom Earnings Disappoint
Dow futures climbed about 0.5% on June 5, while Nasdaq futures dropped nearly 1% after Broadcom’s latest earnings report failed to meet Wall Street’s high expectations. The sharp market split highlights growing investor concerns about whether the AI-driven rally can maintain its momentum. Semiconductor stocks came under pressure, even as buyers moved into blue-chip names….
Hong Kong Civil Service Pay Talks: Unions Push 4.12% Raise, June 04
Hong Kong civil service unions seek 4.12% uniform pay raise for 2026 amid staffing shortages and rising living costs.
Broadcom Stock Crashes 14% as AI Chip Forecast Disappoints, June 04
Broadcom stock fell 14% after Q2 earnings beat but Q3 AI guidance of $16B missed $17.2B estimates. AI revenue grew 143% YoY to $10.8B.
Cisco Stock Gains Attention After Cisco Systems Expands AI Strategy With Microsoft Partnership
Cisco Stock (CSCO) has moved into the spotlight after Cisco Systems strengthened its artificial intelligence strategy and expanded enterprise AI capabilities through partnerships and new AI-focused products. The company recently unveiled Cloud Control, an AI-powered platform designed to help businesses manage and secure AI agents across their networks. Cisco shares recently touched an all-time high…