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China’s Factory-Gate Inflation Hits 3.9% in May, Highest Since 2022
China’s producer prices rose 3.9% in May to a 4-year high amid Iran tensions and AI demand, while consumer inflation lagged at 1.2%.
NVIDIA Corp (NVDA -0.22% / -1.78% Pre-Market) Leads AI Chip Stocks Drop as AMD (-3.02%), Intel (-2.13%), and Micron (-1.41%) Decline
NVIDIA shares fell 1.78% in pre-market trading on June 10, 2026, leading a broader decline across AI chip stocks. AMD dropped 3.02%, while Intel and Micron also traded lower as investors reacted to renewed concerns over inflation, interest rates, and technology valuations. The selloff comes after a powerful AI-driven rally that pushed semiconductor stocks to…
SK Hynix Eyes U.S. Listing as Early as August Amid Strong AI Stock Demand
SK Hynix is moving closer to a major milestone in its global growth strategy. Reports on June 10, 2026, revealed that the South Korean memory-chip giant is considering a U.S. stock market listing as early as August. The timing comes as artificial intelligence continues to fuel strong demand for advanced semiconductor companies. With investors pouring…
United Natural Foods Stock Plunges 11% After $7.72B Revenue Miss and Weak FY2026 Outlook
Revenue came in. The stock came down. United Natural Foods (NYSE: UNFI) reported fiscal Q3 2026 results before the market open on June 9, 2026, covering the 13 weeks ended May 2, 2026. Wall Street had set the bar at $7.80 billion in revenue and $0.77 EPS, based on consensus estimates from 10 analysts. The…
CoreWeave Inc Stock Gains 2.74% in Pre-Market as Founders Sell $2.3B Shares Post-IPO
CoreWeave Inc stock is in focus after a sharp pre-market move. The shares climbed about 2.74% even as news emerged that company founders sold nearly $2.3 billion worth of shares after the IPO. This kind of movement often creates confusion in the market. Normally, large insider selling can pressure a stock. But here, the price…
GSK Plc Announces $10.6B Nuvalent Acquisition to Boost Lung Cancer Pipeline; Stock Falls 3.24%
GSK Plc moved decisively on June 9, 2026. The British drugmaker agreed to acquire US-listed cancer drug developer Nuvalent for $10.6 billion in an all-cash deal, valuing Nuvalent at approximately $124 per share, a 40% premium to its last closing price. Net of cash acquired, GSK’s actual upfront investment totals $9.4 billion. GSK Plc stock…
KOSPI Index Soars 8.18% to 8,096.93 as Institutional Buying Sparks Massive Market Rally
South Korea’s stock market delivered a remarkable turnaround on June 9, 2026, as the KOSPI Index surged 8.18% to close at 8,096.93. The sharp rally came just a day after a major market selloff, highlighting the speed at which investor sentiment can shift. Strong institutional buying and renewed confidence in technology and semiconductor stocks fueled…
Swiss Federal Government Faces Scrutiny Over Radicalized Suspect, June 09
Swiss federal government faces scrutiny after Winterthur knife attack. Attorney General investigates terrorism charges and expulsion procedures.
SK Hynix Inc. Linked Leveraged ETF Sees 40% Wrong-Way Moves as Tracking Error Widens for 2 Days
South Korea’s fast-growing leveraged ETF market faced a major test in early June 2026 when an SK Hynix-linked fund posted a dramatic gain while the chipmaker’s shares moved sharply lower. The unusual price action raised fresh questions about tracking errors, market efficiency, and investor risk. Coming just days after the launch of Korea’s new single-stock…