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SpaceX IPO Set for June 12 at $135 per Share, $1.77T Valuation
SpaceX IPO launches June 12 at $135/share, raising $75B with $1.77T valuation. Trading begins on Nasdaq under ticker SPCX.
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.
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.
Tech Rout Triggers Global Selloff as Iran-Israel Tensions Spike, June 09
Tech stocks rebound as Iran-Israel tensions ease. South Korea’s Kospi fell 8.3%, Nasdaq rose 1.2%. Oil prices spike on geopolitical risks.
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.
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.
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…