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Broadcom set to shed $300 billion in value as AI results fail to impress

Broadcom shares slumped more than 14% ​on Thursday, dragging chip peers lower, after the company’s results fell short of lofty expectations around demand for its ‌custom AI chips business.

June 4, 2026
News

Amazon unveils new AI warehouse robot in $12 billion Europe push

Amazon on Thursday unveiled an upgraded ‌AI-powered mobile robot for its warehouses that can respond to conversational prompts, as part of a €10 billion ($11.6 billion) investment in its European fulfilment network.

June 4, 2026
News

Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearances

Analysts and investors say South Korea’s importance has been magnified after trade frictions spoiled sales of the most-advanced semiconductors to China.

June 4, 2026
News

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

The company’s decision underscores Elon Musk’s determination to raise record sums his way.

June 4, 2026
News

Marjane Satrapi, Iranian-French author of graphic novel ‘Persepolis’, dies aged 56

Marjane Satrapi, the Iranian-French artist, filmmaker and author of the autobiographical graphic novel “Persepolis”, has died aged 56, French President Emmanuel Macron’s office said on Thursday.

June 4, 2026
News

Putin faces rival visions of war and peace at Russia’s ‘Davos’

President Vladimir Putin faced two rival outlines of Russia’s future as he hosted his premier annual investment conference with the war in Ukraine unabated.

June 4, 2026
News

Exclusive: Satellite images show suspected structure at disputed South China Sea atoll, but later gone

Satellite images obtained by Reuters confirmed the presence of a structure at the entrance of the hotly ‌disputed Scarborough Shoal in the South China Sea last week, though later imagery suggests it is no longer there.

June 4, 2026
News

Sherpa rescued after going missing on Everest with no food, oxygen

A Nepali Sherpa guide has been ​rescued from Everest after surviving about a week on the slopes ‌of the world’s highest mountain without food or oxygen in a rare case of survival in such conditions, a hiking official said on Thursday.

June 4, 2026
News

Lebanon ceasefire raises hopes of progress for Iran deal

Israel and Lebanon agreed to implement a new ceasefire after U.S.-mediated talks, the Trump administration said, raising hopes for progress ​toward ending the wider U.S.-Israeli war with Iran.

June 4, 2026
News

Israel strikes in Lebanon despite ceasefire deal

Israel will continue to strike Lebanon for the time being ​and won’t be withdrawing from the south, Defence Minister Israel Katz said on Thursday, after Lebanon and Israel agreed to a ceasefire contingent on Hezbollah halting ‌attacks.

June 4, 2026

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Recent Posts

  • Broadcom set to shed $300 billion in value as AI results fail to impress
  • Amazon unveils new AI warehouse robot in $12 billion Europe push
  • Nvidia CEO mounts charm push in South Korea with TV talk show, baseball appearances
  • SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention
  • Marjane Satrapi, Iranian-French author of graphic novel ‘Persepolis’, dies aged 56

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