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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.
Hong Kong Civil Service Pension Costs Hit HK$50B, June 04
Hong Kong civil service pensions cost over HK$50B annually for 170,000 retirees, with government spending rising 20% over five years.
Nvidia Falls 3.6% as AI Funding Boom Threatens Bull Market, June 04
Cramer warns AI funding surge threatens bull market. Nvidia falls 3.6% as investors may sell winners to fund AI projects. Alphabet raises $847.5B.
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.
Judge Orders Trump’s Name Removed From Kennedy Center, June 04
Federal judge rules only Congress can rename the Kennedy Center, blocking Trump’s plan to change the performing arts venue’s name.
Rajesh Exports Hits Lower Circuit as SEBI Alleges ₹15.15 Lakh Crore Fraud, June 04
SEBI alleges Rajesh Exports inflated revenues by ₹15.15 lakh crore between FY21-FY25. Stock hits 5% lower circuit. Promoter barred from trading.
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.
NIFTY50, Sensex Close Flat as Investors Stay Cautious on Mixed Global Cues
Indian stock markets showed little movement on June 4, 2026, as investors weighed mixed signals from global markets. The NIFTY50 and Sensex ended nearly flat despite sharp swings during the trading session. Rising oil prices, geopolitical tensions, and uncertainty around upcoming policy decisions kept traders cautious. At the same time, selective buying in key sectors…