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Goldman Sachs Stock Falls 4.9% as Fed Rate Cut Outlook Shifts, June 08
Goldman Sachs stock fell 4.9% after revising Fed rate cut forecasts lower due to strong US jobs data in early June.
Kospi Index Plunges 4.82% to 7,767.45 as AI Selloff and Iran Tensions Rattle Asia Stocks
The Kospi Index opened on June 8, 2026, in freefall. Early Asian trading saw the Kospi’s losses widen to 8.37%, breaking below the psychological 7,500 level before recovering. The Korea Exchange announced a 20-minute trading halt as circuit breakers triggered following the sharp drop. The index recovered partially to close at 7,767.45, a net decline…
TRON USD Drops 3.25% Daily: TRXUSD Tests $0.31 Support
TRXUSD drops 3.25% daily to $0.3265. RSI at 32 signals oversold conditions. Bitnomial listing and treasury buying support recovery.
Jensen Huang Confirms Nvidia, LG Partnership for Humanoid Robots and AI Data Centers
Jensen Huang has confirmed a new partnership between Nvidia and LG Group, marking another major step in the expansion of artificial intelligence beyond traditional computing. The collaboration will focus on developing humanoid robots and building advanced AI data centers, two sectors expected to drive the next phase of AI growth. The announcement came during Huang’s…
Tamil Nadu CM Vijay Cracks Down on TASMAC Revenue Leaks, June 08
CM Vijay orders TASMAC crackdown on liquor sales corruption. Rs 102 crore monthly leakage alleged. 717 outlets closed. Revenue reforms underway.
Oil Prices Spike: WTI Hits $92.64, and Brent Reaches $95.42 Amid War Risks
Oil Prices moved sharply higher on June 8 as Iran and Israel exchanged fresh strikes, testing the fragile Hormuz ceasefire. West Texas Intermediate (WTI) crude rose 2.32% to $92.64 per barrel, while Brent crude gained 2.5% to $95.42 per barrel. The rally followed renewed conflict involving Israel, Lebanon, and Iran, increasing fears of a prolonged…
Ukraine Strikes Crimea Oil Depots as Diplomacy Talks Begin, June 08
Ukraine launches drone attacks on Russian oil depots in Crimea while Selenskyj meets Western leaders in London to discuss ending the war.
SpaceX IPO Targets $1.75 Trillion Valuation Despite Heavy AI and Data Center Losses
The SpaceX IPO is shaping up to be one of the largest public offerings in market history. Elon Musk’s aerospace and satellite company is targeting a valuation of $1.75 trillion, including the underwriters’ greenshoe option. The company plans to raise at least $75 billion, with the IPO expected to be structured as an all-primary offering,…
Greens Challenge $368bn AUKUS Deal as Albanese Backs Submarines, June 08
David Shoebridge warns AUKUS nuclear submarine deal risks war with China and surrenders Australian sovereignty.