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AI Stock Rally Creates 2 Million New Millionaires in 2025
AI-driven stock rally creates 2 million new millionaires globally in 2025. Global HNWI wealth reaches $98.3 trillion amid strong growth.
Swede Creek Wildfire Grows to 1,815 Hectares, Evacuation Alert Issued June 04
Swede Creek wildfire in BC reaches 1,815 hectares, triggering evacuation alert for 22 properties near Comstock Lake amid drought conditions.
Bangkok Restaurant Refuses Thai Baht, Triggers Payment Law Probe June 05
Bangkok restaurant faces scrutiny for refusing Thai baht and accepting only yuan. Authorities investigate payment practices under Thai law.
FUBO Stock Falls 6.2% to $10.06 as Earnings Loom, June 04
FUBO stock fell 6.2% to $10.06 on June 04. Meyka rates it a C with a sell recommendation and $5.94 price target.
Andhra Pradesh CM Chandrababu Directs Ministers on AgriGold Crisis, June 05
AP CM Chandrababu directs ministers to expedite AgriGold victim relief; Cabinet approves 31 posts and sub-committee for case resolution.
Japan Post Holdings Stock Rises 3.4% on June 05 as Earnings Loom
Japan Post Holdings stock rose 3.4% to ¥2,145.50 on June 05. Meyka rates it B-, indicating limited upside ahead of the June 26 shareholder meeting.
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.
Newport Coast CEO Arrested for Smuggling U.S. Tech to Iran, June 04
Jamshid Ghomi arrested for illegally supplying U.S. computer equipment to Iran’s military and nuclear programs. Faces 20 years in prison.
Clare O’Neil Promotes Tax Changes Amid Budget Backlash, June 04
Housing Minister Clare O’Neil campaigns for Labor’s capital gains tax and negative gearing changes. Granny flats excluded from new rules.