While You Were Sleeping: 5 stories you might have missed, June 6, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-6-2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-6-2026
The Straits Times
While You Were Sleeping: 5 stories you might have missed, June 6, 2026
While You Were Sleeping: 5 stories you might have missed, June 6, 2026. Read more at straitstimes.com. Read more at straitstimes.com.
Wall Street's hottest trade is cracking in a trillion-dollar wipeout
Chip stocks turned a rough session on Friday into a rout, with the semiconductor complex suffering its worst drop since April 2025, erasing more than $1 trillion in market value as the AI trade buckled.
The damage was heavy, but it was not evenly distributed.
A Yahoo Finance screen of semiconductor stocks shows the group wiping out about $1.4 trillion in market value Friday, with the 10 biggest decliners accounting for $1.1 trillion of that hit.
https://finance.yahoo.com/markets/article/wall-streets-hottest-trade-is-cracking-184540547.html
Chip stocks turned a rough session on Friday into a rout, with the semiconductor complex suffering its worst drop since April 2025, erasing more than $1 trillion in market value as the AI trade buckled.
The damage was heavy, but it was not evenly distributed.
A Yahoo Finance screen of semiconductor stocks shows the group wiping out about $1.4 trillion in market value Friday, with the 10 biggest decliners accounting for $1.1 trillion of that hit.
https://finance.yahoo.com/markets/article/wall-streets-hottest-trade-is-cracking-184540547.html
Yahoo Finance
Wall Street's hottest trade is cracking
Chip stocks are turning a rough session on Friday into a rout, erasing more than $1 trillion in market value.
Moon hotels, Mars cities: What Musk told Dimon about SpaceX's ambitions
https://finance.yahoo.com/markets/article/elon-musk-reveals-spacexs-goals-to-jamie-dimon-from-vacationing-on-the-moon-to-living-on-mars-194913923.html
https://finance.yahoo.com/markets/article/elon-musk-reveals-spacexs-goals-to-jamie-dimon-from-vacationing-on-the-moon-to-living-on-mars-194913923.html
Yahoo Finance
Elon Musk reveals SpaceX's goals to Jamie Dimon, from vacationing on the moon to living on Mars
Data centers in space, moon hotels, and human life on Mars were some of the ambitious opportunities Elon Musk laid out to JPMorgan CEO Jamie Dimon when asked why SpaceX needed to go public now.
Trump says his team will 'look into' US taking stake in AI companies
https://finance.yahoo.com/sectors/technology/articles/trump-says-team-look-u-182943171.html
https://finance.yahoo.com/sectors/technology/articles/trump-says-team-look-u-182943171.html
Yahoo Finance
Trump says his team will 'look into' US taking stake in AI companies
U.S. President Donald Trump told reporters on Friday 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. Digital news…
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Morning Briefing: Top stories from The Straits Times on June 6, 2026
https://str.sg/6ZKc
https://youtube.com/shorts/-QZM7NqLDt4?si=0NK3t7M6hMhsd8pN
https://str.sg/6ZKc
https://youtube.com/shorts/-QZM7NqLDt4?si=0NK3t7M6hMhsd8pN
The Straits Times
Morning Briefing: Top stories from The Straits Times on June 6, 2026
Read more at straitstimes.com.
US-Iran Standoff Drags On as Conflict Nears 100-Day Mark
https://finance.yahoo.com/sectors/energy/articles/us-iran-stalemate-drags-conflict-182614190.html
https://finance.yahoo.com/sectors/energy/articles/us-iran-stalemate-drags-conflict-182614190.html
Yahoo Finance
US-Iran Stalemate Drags On as Conflict Nears 100-Day Mark
(Bloomberg) -- The US and Iran remained at loggerheads over any potential truce heading into the weekend, with the conflict nearing the 100-day mark and Tehran saying that it and Oman have sovereignty over the Strait of Hormuz. Most Read from BloombergBecerra…
California to decide soon whether it will seek to block Paramount deal
https://finance.yahoo.com/news/california-decide-soon-whether-seek-100602799.html
https://finance.yahoo.com/news/california-decide-soon-whether-seek-100602799.html
Yahoo Finance
California to decide soon whether it will seek to block Paramount deal
By Jody Godoy and Nathan Frandino June 5 (Reuters) - California Attorney General Rob Bonta will soon decide whether to sue to block Paramount's $110 billion acquisition of Warner Bros, he told Reuters
Netflix names longtime director Jay Hoag as chairman, succeeding Reed Hastings
https://finance.yahoo.com/markets/stocks/articles/netflix-names-longtime-director-jay-222411110.html
https://finance.yahoo.com/markets/stocks/articles/netflix-names-longtime-director-jay-222411110.html
Yahoo Finance
Netflix names longtime director Jay Hoag as chairman, succeeding Reed Hastings
Netflix appointed lead independent director Jay Hoag as chairman of its board, succeeding Reed Hastings, who stepped down from the board of the streaming service he co-founded nearly three decades ago. • The streaming platform announced the move in an…
Marvell Technology and IPG Photonics Shares Are Falling, What You Need To Know
https://finance.yahoo.com/markets/stocks/articles/marvell-technology-ipg-photonics-shares-234414113.html
https://finance.yahoo.com/markets/stocks/articles/marvell-technology-ipg-photonics-shares-234414113.html
Yahoo Finance
Marvell Technology and IPG Photonics Shares Are Falling, What You Need To Know
A number of stocks fell in the morning session after the AVGO earnings overhang and the stronger-than-expected jobs report combined to drive one of the broadest global chip selloff of the year.
Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test
https://finance.yahoo.com/markets/stocks/articles/marvell-join-p-500-ai-212422827.html
https://finance.yahoo.com/markets/stocks/articles/marvell-join-p-500-ai-212422827.html
Yahoo Finance
Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test
Marvell Technology is set to join the benchmark S&P 500 later this month, S&P Dow Jones Indices said on Friday, after the chipmaker cleared a key profitability hurdle riding an AI-fueled rally. The company will replace swimming pool equipment distributor…
Marvell Technology and Flex Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
https://finance.yahoo.com/markets/stocks/articles/marvell-technology-flex-set-join-232500291.html
https://finance.yahoo.com/markets/stocks/articles/marvell-technology-flex-set-join-232500291.html
Yahoo Finance
Marvell Technology and Flex Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 22, 2026, to coincide with the quarterly rebalance. The changes ensure that each index…
Tech sell-off, Bitcoin drop test retail investor strength ahead of SpaceX IPO
https://www.businesstimes.com.sg/companies-markets/tech-sell-bitcoin-drop-test-retail-investor-strength-ahead-spacex-ipo
https://www.businesstimes.com.sg/companies-markets/tech-sell-bitcoin-drop-test-retail-investor-strength-ahead-spacex-ipo
The Business Times
Tech sell-off, Bitcoin drop test retail investor strength ahead of SpaceX IPO
[NEW YORK] For years, Wall Street has benefited from one of the most reliable forces in modern markets: a retail-trader army willing to buy almost anything. Read more at The Business Times.
Japan spent billions to prop up the yen. Why is it still weak? https://www.businesstimes.com.sg/companies-markets/japan-spent-billions-prop-yen-why-it-still-weak?utm_source=web_share&utm_medium=referral&utm_campaign=article
The Business Times
Japan spent billions to prop up the yen. Why is it still weak?
The US-Israel war with Iran has added fresh pressure on the yen Read more at The Business Times.
TSMC CEO sends blunt message to memory chip rivals - TheStreet https://share.google/syjSblC8iSpktKPrj
TheStreet
TSMC CEO sends blunt message to memory chip rivals
Wei admitted he would like to do what his competitors are doing, but then explained why he won't.
While You Were Sleeping: 5 stories you might have missed, June 7, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-7-2026
https://youtube.com/shorts/IrzLXsmalkY?si=QPJibe6b2AQoalrc
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-june-7-2026
https://youtube.com/shorts/IrzLXsmalkY?si=QPJibe6b2AQoalrc
The Straits Times
While You Were Sleeping: 5 stories you might have missed, June 7, 2026
While You Were Sleeping: 5 stories you might have missed, June 7, 2026. Read more at straitstimes.com. Read more at straitstimes.com.
Morning Briefing: Top stories from The Straits Times on June 7, 2026
https://str.sg/8fKK
https://str.sg/8fKK
The Straits Times
Morning Briefing: Top stories from The Straits Times on June 7, 2026
You are reading the Morning Briefing newsletter. Get the news that prepares you for the day ahead, delivered to your inbox. Subscribe to our newsletter. Read more at straitstimes.com.