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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.
Goldman Sachs Launches Tokenized Real Estate Fund, June 04
Goldman Sachs launches tokenized real estate fund via blockchain platform GS DAP with Apex Group and Archax for institutional investors.
Activist Nomura Acquires 1.86% of TV Asahi, June 05
Activist investor Nomura Ayako acquires 1.86% stake in TV Asahi Holdings on June 4, becoming 8th largest shareholder. Stock rises 4.6%.
SpaceX IPO Prices at $135 Per Share, Targets Record $75 Billion Raise
SpaceX prices IPO at $135/share for record $75 billion raise, valuing the rocket and satellite firm at $1.77 trillion. Nasdaq debut expected June 12.
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.
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…
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…
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….
FTSE 100 Live: Index Falls 52.09 Points to 10,280.21 as Prudential, HSBC & Standard Chartered Drop on China Tariff Shock
The FTSE 100 index opened under pressure as global markets reacted to renewed concerns over trade tensions between major economies. The index fell by 52.09 points to close at 10,280.21, reflecting broad weakness across financial and multinational stocks heavily exposed to China. The decline was driven mainly by losses in banking and insurance heavyweights including…