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Watch: Is there an AI stock market bubble, and is it ready to burst?
Despite the Iran war, inflation and debt fears, US markets keep hitting record highs, fueled largely by AI. BBC’s Samira Hussain looks into whether that bubble will burst.
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Ukraine strikes ‘illegal’ cargo ships in Sea of Azov as Putin prepares for key speech
Ukraine says it struck five ships carrying illegal cargo in the Sea of Azov and in coastal waters of Russian-occupied territories.
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U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%
Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.
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India’s GDP stays robust in January-March as domestic demand offsets external weakness
NEW DELHI, June 5 : India’s economy grew an unexpectedly strong 7.8 per cent year-on-year in the January-March quarter, the government said on Friday, as robust private investment, farm output and construction activity offset the early impact of the Middle East conflict.The print, the second in an updated dat
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Singapore to ease restrictions on operating new hotels, hostels in heritage precincts at Boat Quay, Beach Road
Proposals for new short-term accommodation uses in the areas were generally not allowed to avoid “over-proliferation”, says the Urban Redevelopment Authority.
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Singaporean linked to Cambodia-based scam syndicate arrested
A total of 30 suspects – 24 Singaporeans and six Malaysians – linked to the syndicate remain at large.
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Morgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040, WSJ reports
June 5 : Morgan Stanley is projecting that SpaceX’s revenue could reach $3.4 trillion in 2040, the Wall Street Journal reported on Friday, citing people familiar with the matter.The Wall Street giant is anticipating that revenue from SpaceX’s AI business will dramatically grow in the coming years, the report
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Video. Romania: TV reporter flees live on air after drone explosion in Constanța
Video. A live television report from Romania’s Black Sea port of Constanța was abruptly interrupted on 5 June after a maritime drone exploded nearby, heightening concerns over the regional impact of the war in Ukraine.
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Here are Friday’s biggest analyst calls: Nvidia, Apple, Tesla, Chipotle, Disney, Robinhood, Coinbase & more
Here are Friday’s biggest calls on Wall Street.
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