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3 months ago

‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

Wall Street is in damage control mode. A global stock selloff has blindsided economists and investors alike, with many now admitting they misjudged the market’s...

Rajendra Singh

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Business

Jun 08, 2026

Stock market today: Dow, S&P 500, Nasdaq futures mixed as oil rises after Iran and Israel exchange strikes

The opening bell on Wall Street is set to ring with uncertainty. U.S. stock futures pointed in opposite directions Monday morning, a day after Iran and Israel e...

Rajendra Singh

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Jun 07, 2026

Nvidia’s CEO says new Vera chip will use SK Hynix’s memory chips

Nvidia’s push into the data center CPU market just got a powerful ally. CEO Jensen Huang confirmed on Sunday that the company’s new Vera central processing unit...

Rajendra Singh

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Business

Jun 07, 2026

Dow Jones Futures Fall As Trump Says This After Iran Attacks Israel; Market Rally Faces First Real Test

The stock market rally that had investors celebrating record highs just days ago hit a wall on Monday. Dow Jones futures tumbled, oil prices surged, and a famil...

Rajendra Singh

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Business

Jun 07, 2026

Banks lay groundwork for mass workforce cuts as AI takes hold

Andre Bonnick, a student at Warwick University, spends hours rehearsing for job interviews. He practices key words from job listings, maintains eye contact, fol...

Rajendra Singh

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Business

Jun 07, 2026

Lithium ETF LIT Returned 125% to Investors Who Bought at Last Year’s Low

For investors who bought the Global X Lithium & Battery Tech ETF (LIT) at its lowest point last year, the payoff has been extraordinary — a 125% return in rough...

Rajendra Singh

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Business

Jun 07, 2026

This realtor is betting big on the AI IPO boom, but buying a house with stock will have to go through the OpenAI’s and Anthropic’s boards first

In San Francisco's notoriously expensive housing market, finding a buyer is hard enough. Finding one willing to part with unreleased AI stock? That's a whole ne...

Rajendra Singh

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Business

Jun 07, 2026

The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides ‘naval overwatch’

The Strait of Hormuz — the narrow waterway that carries about a fifth of the world's oil — is busier than many believed, even as ceasefire talks between Washing...

Rajendra Singh

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Business

Jun 06, 2026

SpaceX needs to grow 600x in a decade to justify a $1.75 trillion valuation. No company has ever come close

SpaceX is preparing for the most anticipated IPO in history — and the numbers are staggering. The company, set to debut on the Nasdaq in mid-June 2026, is targe...

Rajendra Singh

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Business

Jun 06, 2026

Nvidia’s Next Big Growth Lever?

For years, Nvidia has been synonymous with graphics cards and AI chips. But at a recent event in Taipei, the company quietly unveiled something that could redef...

Rajendra Singh

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Business

Jun 06, 2026

Marvell Technology, Flex to join S&P 500 later this month

Two companies riding distinct waves of the global economy are about to join the most closely watched stock index in the world. Marvell Technology, a semiconduct...

Rajendra Singh

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Business

Jun 06, 2026

The Biggest IPOs in History -- and How They Performed

When a company raises billions in a single day, the world watches. But history shows that the biggest IPOs in history don't always become the best investments....

Rajendra Singh

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