Reuters77d agoneutral
Chinese military hovered as global executives flocked to Taiwan tech showBy Ben Blanchard, Max A.
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Barrons.com77d agobearish
The Air India Report Is Coming. What It Means for Boeing.Boeing is approaching a solemn anniversary: It has been almost one year since the fatal Air India Flight 171. On June 12, 2025, a Boeing 787 crashed shortly after takeoff from Ahmedabad, India, killing 229 passengers, 12 crew, and 19 people on the ground. The crash’s anniversary signals the imminent arrival of the full accident investigation report from India’s Aircraft Accident Investigation Bureau.
Reuters Videos77d agobullishVIDEO
Stocks tumble, oil jumps amid tech rout, Iran tensions<body><p>STORY: Asian stocks plunged on Monday morning as investors hit the brakes on the red-hot AI rally.</p><p>South Korea’s tech-heavy KOSPI index took the heaviest beating.</p><p>It was down around 6% by late-morning after volatile trade had earlier triggered a 20-minute halt.</p><p>Chip giant Samsung matched the overall decline. </p><p>Meanwhile, Japan’s Nikkei index was down around 4% by the same time.</p><p>That follows a similar drop for the Nasdaq on Wall Street at the end of last week.</p><p>One analyst told Reuters that doubts have crept in over tech earnings, partly following weaker-than-expected numbers from US chipmaker Broadcom.</p><p>Last week’s hotter-than-expected U.S. jobs data have also all but wiped out hopes for further rate cuts by the Federal Reserve this year.</p><p>Then there’s Iran.</p><p>Tensions in the Middle East have flared again, following Israel’s strikes on Lebanon, and Iran’s retaliatory strikes on Israel.</p><p>International benchmark Brent Crude was up around 3% on Monday morning, once again heading towards the $100 per barrel mark.</p><p>That’s despite weekend action by the OPEC+ oil exporters’ group to reassure markets with a further boost to output.</p><p>Later this week, all eyes turn to the potentially record breaking SpaceX share listing.</p><p>Elon Musk’s rocket firm is set to start trading on Friday, and is expected to debut with a valuation of around $1.75 trillion.</p><p>With so much money going to that, and more possible mega-listings such as OpenAI, some brokers have expressed concern about the impact on other assets. </p></body>
Bloomberg77d agobearish
Treasuries Drop as Jobs Data, Iran Tensions Fuel Rate Hike Bets(Bloomberg) -- Treasuries fell as investors ramped up bets that the Federal Reserve will need to raise interest rates, while escalating tensions in the Middle East added to inflation concerns.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksKorean Stocks Tumble as U
The Wall Street Journal77d agoneutral
Nvidia Strikes AI Infrastructure Deals With South Korean Tech FirmsNvidia is teaming up with leading South Korean technology companies to build large-scale artificial-intelligence infrastructure in Asia, seeking to solidify its data-center footprint and expand its AI ecosystem.
MoneyShow77d agoneutral
Economy- Rising Inflation and Job Market Improvement Put Fed Hikes in PlayAs we’ve been predicting in recent months, labor market conditions are improving, while inflationary pressures remain elevated. We expect the Federal Reserve will shift to a tightening bias at the June meeting and will probably hike the federal funds rate in July if current trends persist, notes Ed Yardeni, editor of Yardeni QuickTakes.
Reuters77d agoneutral
Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs dataJune 8 (Reuters) - Goldman Sachs expects the U.S.
Reuters77d agobullish
Morning Bid: Blistering AI rally turns uglyA look at the day ahead in European and global markets from Rae Wee An ugly selloff in technology stocks swept across Asia on Monday as investors slammed the brakes on the red-hot AI rally, with a
Reuters77d agoneutral
Analysis-How a few AI chip giants warped Asia's stock picking gameBy Gregor Stuart Hunter and Ankur Banerjee SINGAPORE, June 8 (Reuters) - Sam Konrad's stocks are having a fantastic year, thanks to AI-fueled rallies in Taiwan and South Korea, but his fund is so top
Bloomberg77d agoneutralVIDEO
'Odd Lots' Meets 'The China Show': Stock Rout Hits AsiaAsian stocks dropped Monday as AI-related shares sold off after a blistering rally, led by losses in Korean chipmakers SK Hynix and Samsung. Joe Weisenthal and Tracy Alloway from Bloomberg's Odd Lots podcast join Yvonne Man and Stephen Engle on The China Show.
The Daily Upside77d agoneutral
Move Over, SpaceX: Popular Companies from Lime to Oura Line Up for Market DebutsAfter a dry spell amid high interest rates and inflation uncertainty Q1 saw 35 IPOs raise $9.9 billion, according to Renaissance Capital.
Financial Times77d agoneutral
United Airlines boss puts Rolls-Royce ‘in the doghouse’ over contract spatThe head of United Airlines has sharply criticised Rolls-Royce, describing the British aero-engineer as being “in the doghouse” over a dispute...
Motley Fool77d agobullish
Investors: This Might Be the Easiest Way to Buy SpaceX, OpenAI, and Anthropic After Their IPOsYou can check off multiple boxes with one investment by going this route.
Benzinga77d agoneutral
SpaceX IPO Now Accessible Via Crypto Exchange Bybit's Tokenized Offering, But Here's What You Should KnowCryptocurrency exchange Bybit announced on Saturday that it will enable investors to participate in the tokenized initial public offering linked to Elon Musk’s aerospace giant, SpaceX. Use USDC To Buy SpaceX The offering will be via Bybit IPO Express, a platform that lets users submit a subscription request for a tokenized representation of an IPO. Eligible users can sign up for the SpaceX IPO offering and submit subscription requests using supported cryptocurrencies, including USDC (CRYPTO: USD
TheStreet77d agoneutral
Google gives Reddit surprising tailwindFor most of its time in the public markets, Reddit (RDDT) has been a story of artificial intelligence data. That story still holds. The company’s user-generated discussions have grown increasingly useful for AI developers seeking real-world conversations, queries, and opinions. But there's a second ...
Bloomberg77d agoneutral
Nvidia CEO Says Selloff in Tech Stocks Is a Buying Opportunity(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang called a global tech stocks selloff that began last week a buying opportunity, saying the buildout of artificial intelligence has just begun. Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksKorean Sto
Associated Press77d agoneutral
Oil prices surge as Iran conflict flares, while global stocks skid on selling of tech sharesGlobal shares sank on Monday after Wall Street ended last week with its worst day since October, while oil prices jumped more than $4 as fighting flared between Israel and Iran. South Korea's Kospi led the global retreat, plunging 8.3% on heavy selling of technology shares and extending losses that on Friday gave the S&P 500 its biggest single day drop in months. The future for the S&P 500 was up 0.2%, while that for the Dow Jones Industrial Average lost 0.3%.
The Wall Street Journal77d agoneutral
How SpaceX Became Embedded in America’s War MachinePledges to quickly deploy technology and ties cultivated with the Pentagon have helped land new contracts totaling billions of dollars.
TheStreet77d agobearish
Apple faces a Siri moment it can’t afford to missApple’s (AAPL) next major test is soon upon us. The company's Worldwide Developers Conference is June 8-12, and this year's gathering may be more important than a usual product display. Apple is scheduled to preview iOS 27, iPadOS 27, macOS 27, watchOS 27, tvOS 27, and visionOS 27. Developers and ...
TheStreet77d agobearish
Charter and Comcast rival files Chapter 11 bankruptcyWhen cable television first rolled out across the United States, the major players, which included current leaders Comcast and Charter Communications, worked with communities on an exclusive basis. One of those companies agreed with each community on a deal to build out the needed cable ...
Reuters77d agobullish
Asia markets brace for selling after tech rout hits Wall StreetSINGAPORE, June 8 (Reuters) - Asian markets were poised to fall on Monday after Wall Street's nine-week winning streak ended in heavy tech selling, while Israeli strikes on Beirut sent oil and the
Reuters77d agoneutral
Nvidia announces deals with South Korea's SK Hynix, Naver and Doosan for AI data centresNvidia on Monday announced deals with South Korea's SK Hynix, Naver and Doosan Group to build AI data centres and use the U.S. chip firm's technology, as it looks to continue driving the AI boom. The agreements come during a high-profile trip by Nvidia CEO Jensen Huang to South Korea that began on Friday and has seen him have fried chicken with the country's top corporate bosses, throw a baseball pitch and meet with a well-known gamer so far. Nvidia and its partners did not disclose the value of the deals.
Reuters77d agoneutral
South Korea's Naver to build gigawatt-scale AI factories using Nvidia technologyNvidia said on Monday that South Korean internet conglomerate Naver would use its technology to build AI factories at gigawatt scale to meet rising global demand for AI services and physical AI. The project is aimed at serving growing global demand for AI services and physical AI applications, Nvidia said. (Reporting by Heekyong Yang; Editing by Jamie Freed)
TheStreet77d agoneutral
Lululemon eyes key growth market and it's not the U.S.Over the past three decades, Lululemon has gone from a niche yoga-pants label to a mall anchor. For most of that run, U.S. sales drove the story. That's no longer the case. The brand that built its name on American fitness studios and suburban storefronts is now leaning hard on a market half a ...
TheStreet77d agoneutral
Marvell leads chip wreck unseen since the pandemicThree trading days earlier, Marvell Technology (MRVL) had the market in awe. Nvidia chief executive Jensen Huang had stood on a stage in Taipei and called the chip designer “the next trillion-dollar company.” Traders responded by handing the stock its biggest one-day gain ever. By Thursday’s close, ...
Yahoo Finance Video77d agoneutralVIDEO
SpaceX IPO, Oracle earnings, May CPI: What to watch this weekAsking for a Trend Host Josh Lipton previews several of the biggest stories to come throughout next week, including SpaceX's (SPAX.PVT) long-awaited mega-IPO, earnings from Adobe (ADBE) and Oracle (ORCL), and the latest inflation data in the form of May's Consumer Price Index (CPI) report.
Fortune77d agoneutral
Markets face triple threat of Iran war reigniting, AI bubble popping, and Fed rates rising while epic SpaceX IPO could fuel even more chaosTensions in the Gulf had already been escalating as the U.S. and Iran increasingly exchange fire, with both sides trying to establish their own shipping lanes in the Strait of Hormuz.
TheStreet77d agoneutral
Why Toy Story 5 matters more than most Disney sequelsMore than three decades after the original "Toy Story" debuted in 1995, Disney is preparing to release "Toy Story 5" exclusively in theaters on June 19, 2026. The film arrives seven years after "Toy Story 4" and at a pivotal moment for the movie industry, as studios continue searching for ways to ...