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Facebook Settlement Sends $725M in Bonus Checks, June 05
Facebook settlement distributes second-round bonus payments to 15.7 million users starting June 9, averaging $4.72 from leftover funds.
Micron Stock Crashes 13% as Broadcom Shocks Chip Market, June 06
Micron stock fell 13% after Broadcom missed AI revenue guidance, erasing $94B in market cap amid semiconductor sector concerns.
Meyer Werft Posts €569M Loss in 2024, Military Tanker Project Bleeds €100M
Meyer Werft posts €569M loss in 2024 as military tanker project bleeds €100M amid contract disputes.
Japan Stocks Fall on US Chip Weakness, Broadcom Shock Spreads, June 06
Broadcom’s weak earnings triggered a semiconductor selloff in Japan. Nikkei 225 fell 882 points as AI and chip stocks declined across Asia.
Turkey Signals Shift Toward India as Pakistan Mediates Iran Crisis, June 06
Turkey strengthens India ties amid Middle East tensions. Pakistan offers mediation in US-Iran conflict despite credibility concerns.
TMC Minister Snehasis Chakraborty Quits as West Bengal Party Implodes, June 06
Former TMC transport minister Snehasis Chakraborty quits amid mass exodus of over 100 councillors as Trinamool Congress faces historic split.
Sweden Delivers Gripen Fighters to Ukraine as Saab Tests Combat Readiness, June 05
Sweden delivers 16 Gripen fighters to Ukraine for combat. Kyiv plans 36 total aircraft as Saab faces first real-world test amid Brazil defense deals.
Bitcoin Crashes Below $61K as Strategy Sells, Hedge Funds Flee
Bitcoin drops below $61,500 amid Strategy’s BTC sale and hedge fund outflows triggering $635B in liquidations. Meyka rates BTC C+.
Actor James Handy Stabbed to Death in LA; Son of Girlfriend Arrested, June 06
Actor James Handy, 81, stabbed to death in Tarzana. Michael Gledhill, 44, arrested and charged with murder. Bail set at $2 million.