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Nasdaq Crashes 4.18% on Chip Selloff, Worst Day Since April 2025
Nasdaq fell 4.18% to 25,709.43 on June 5 as chip stocks crashed and Treasury yields rose, triggering a broad market selloff.
Mango Season Begins in Andhra Pradesh as Totapuri Harvest Hits Markets, June 05
Totapuri mango harvest begins in Chittoor district as twin elephants damage orchards, raising wildlife conflict concerns during peak season.
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.
PayPay Stock Falls 10.6% on T&D Insurance Acquisition Deal, June 06
PayPay acquires 70.2% stake in T&D Financial Life Insurance, expanding into life insurance with SoftBank’s AI technology backing.
MSTR Stock Crashes 13% as Bitcoin Sale Breaks “Never Sell” Promise, June 05
MSTR stock falls 13% after Strategy Inc sells 32 Bitcoin for first time in years, breaking its “never sell” pledge.
SpaceX IPO Prices at $135, Targets Record $75 Billion Raise on June 12
SpaceX IPO prices at $135 per share for record $75 billion raise on June 12. Company will sell 555.6 million shares, valuing it at $1.75 trillion.
Actor James Handy Stabbed to Death in Los Angeles, June 05
Actor James Handy, 81, stabbed to death in Los Angeles. Michael Gledhill, 44, arrested on murder charges. Bail set at $2 million.
META Stock Momentum Builds: Meta Platforms Inc Gains 0.74% to $627.57 as Roundview Capital LLC Raises Holdings
META stock gained 0.74% to close at $627.57, signaling renewed investor confidence in Meta Platforms Inc as institutional investors continue to increase their positions. The upward move comes at a time when technology stocks are regaining momentum, supported by strong earnings expectations and continued growth in artificial intelligence investments. The latest filing shows that Roundview…
Japan Backs Rapidus With $943M as 2nm Chip Push Accelerates, June 05
Japan invests $943M in Rapidus for 2-nanometer chip production by 2027, bringing total government backing to $1.8B for semiconductor sovereignty.