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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.
Lido Staked ETH USD Falls 3% Below $2,068
STETHUSD drops 3.04% to $2,067.97. Technical analysis shows oversold conditions with RSI at 34.6 and strong downtrend signals.
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.
NVDA Stock at $214.75: MRVL vs NVTS Investment Outlook
The rise of artificial intelligence has transformed the semiconductor industry into one of the most closely watched sectors in the global stock market. With NVDA Stock trading around $214.75, investors are increasingly looking beyond Nvidia and evaluating other companies that could benefit from the AI revolution. Two names that frequently appear in stock research discussions…
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.
LG Group to Adopt 10,000 Nvidia GPUs for AI and Humanoid Robot Development
The LG Group has announced a major expansion in its artificial intelligence strategy by planning to adopt 10,000 Nvidia GPUs for AI model training and humanoid robot development. This move highlights the company’s growing ambition to become a global leader in next-generation AI and robotics technologies. The decision reflects how large industrial conglomerates are investing…
Puma Shares Jump 7% as Citi Upgrades Stock to Buy, Raises Target to €35
The Puma stock surged by 7% after Citi upgraded the company to a “Buy” rating and raised its price target to €35. The upgrade triggered strong investor interest, leading to a sharp rise in buying activity across European equity markets. The positive move reflects renewed confidence in the sportswear giant as analysts highlight improving brand…