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News

Chip selloff erases over $1 trillion in stock market value

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.

June 5, 2026
News

Wall Street slumps as chips slide, robust jobs data stokes fears of hawkish Fed

Wall Street tumbled on Friday as semiconductors extended their ​selloff while a robust employment report fueled fears of a hawkish policy pivot from the Federal Reserve.

June 5, 2026
News

‘We want our children back’: Nigeria’s kidnapping nightmare spreads south

It was mid-morning when Aduke Balogun noticed a masked man in military fatigues walking towards her children’s school. Minutes later, gunfire erupted, more gunmen appeared and residents fled.

June 5, 2026
News

Why SpaceX faces a longer wait to join S&P 500

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.

June 5, 2026
News

Iran declares support for Hezbollah with wider peace deal in doubt

Iran has reaffirmed support for its Lebanese ally ​Hezbollah and demanded that Israel withdraw from southern Lebanon, underscoring complications facing an interim deal to end the broader conflict between the U.S. and Iran.

June 5, 2026
News

Texas ranchers on edge after screwworm parasite detected in calf

The quiet Texas cattle town ​of La Pryor has become ground zero in the fight against screwworm after the first U.S. case ‌in decades was detected there, prompting a livestock quarantine and putting ranchers and pet owners on edge.

June 5, 2026
News

How flesh-eating screwworms in cattle could raise US beef prices

The first confirmed case in the U.S. during the latest outbreak represents a serious challenge for ranchers and could cause beef prices to rise further.

June 5, 2026
News

US races to contain flesh-eating parasite screwworm, reports no further cases

Following the first confirmation of screwworm, a flesh-eating parasite, on a U.S. farm in decades, federal and ​state officials have fanned out in South Texas, where a calf was found infested this week.

June 5, 2026
News

Drone explodes in Romanian port as Ukraine blames Russia for jamming it

A sea drone self-destructed near an oil terminal in Romania’s Black Sea port ‌of Constanta on Friday, without causing casualties, as Ukraine said Russia jammed the vessel causing it to drift off course.

June 5, 2026
News

US judge invalidates Trump policies targeting immigrants from 39 countries

President Donald Trump’s administration unlawfully barred applicants from 39 travel‑ban countries from receiving decisions on ​asylum, work permits, green cards and citizenship, a U.S. federal judge ‌ruled on Friday.

June 5, 2026

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