Tag: Business
-
Marvell Technology and Flex to join S&P 500 index, replacing Pool and Campbell’s
The move highlights the growing importance of the technology sector to the stock market.
-
SpaceX lands Google AI compute deal after Anthropic pact ahead of IPO
June 5 : SpaceX said on Friday it has entered into a multi-year cloud services agreement with Alphabet’s Google, locking in computing capacity as it prepares for its highly anticipated U.S. stock market debut next week.As part of the deal, Google will pay SpaceX $920 million monthly from October this year to
-
Chip selloff erases over $1 trillion in stock market value
June 5 : U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia, Micron Technology and Advanced Micro Devices, as Broadcom’s weak report earlier this week reverberated across Wall Street.The PHLX chip index slumped almost 8.5 pe
-
US says it will speed development and use of AI for national security
WASHINGTON, June 5 : The White House said on Friday it would accelerate the development and use of AI for national security applications, while stressing that the technology should not be used to carry out unlawful surveillance.The Trump administration said earlier this week that it would ask leading AI devel
-
Trump says his team will “look into” US taking stake in AI companies
WASHINGTON, June 5 : U.S. President Donald Trump on Friday told reporters that his team is looking into the idea of AI companies giving the American public a stake in their firms, adding that he planned to host a meeting with AI executives as soon as next week. “There’s something very interesting about
-
SpaceX signs cloud deal with Google
June 5 : SpaceX said on Friday it has entered into a multi-year cloud service agreement with Alphabet’s Google for access to compute capacity.As part of the deal, Google will pay SpaceX $920 million per month from October this year to June 2029, with capacity ramping up through September at a reduced fee, Elo
-
SpaceX IPO running at two times oversubscribed, sources say
NEW YORK, June 5 : – SpaceX has drawn investor demand that is about double the $75 billion it is seeking to raise next week in its IPO, or $150 billion, said two people familiar with the matter on Friday. An oversubscription rate of two times would be considered modest for most highly anticipated market…
-
Meta weighs big equity raising to finance AI infrastructure, FT reports
June 5 : Meta is considering raising tens of billions of dollars in a stock offering as it seeks new sources of capital to fund the company’s AI ambitions, the Financial Times reported on Friday.
-
Analysis:Global oil inventories depleted, next price spike could roil economies, markets
HOUSTON/NEW YORK, June 5 : Global oil inventories are running dangerously low as a deal to re-open tanker traffic through the Strait of Hormuz has proven elusive, and industry executives and analysts warn there could be another oil price shock in the coming weeks, severe enough to upset broader financial markets.
-
Explainer-Why SpaceX faces a longer wait to join S&P 500
June 5 : SpaceX’s entry into the S&P 500 will take longer after S&P Dow Jones Indices declined to relax rules for megacap IPOs, delaying billions in passive fund inflows from the potential inclusion.The decision keeps several barriers intact. To join the S&P 500, a company must trade publicly for at least 12
Latest News
Stay Connected
Categories
BBC News CNA CNBC CNN International Deutsche Welle (DW) Euronews France 24 General Global & European Specialized & Regional
Tags
amp Artificial intelligence Asia Breaking News: Business Breaking News: Markets Breaking News: Politics Breaking News: Technology Business business news cent china cup Donald J. Trump Donald Trump economy European Union fast football France germany india Investment strategy iran Iran war markets People per politics return russia S&P 500 Index said Singapore spain Sport Stock markets technology trump ukraine United States US-Israel attack on Iran 2026 video War in Ukraine World World Cup 2026
About the Author
AF themes
Easy WordPress Websites Builder: Versatile Demos for Blogs, News, eCommerce and More – One-Click Import, No Coding! 1000+ Ready-made Templates for Stunning Newspaper, Magazine, Blog, and Publishing Websites.
Search the Archives
Access over the years of investigative journalism and breaking reports
You May Have Missed
