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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…
Nick Reiner Seeks $1.5M Trust Fund for Murder Defense, June 10
Nick Reiner seeks court access to $1.5M trust to fund murder defense. Petition filed June 9 in Los Angeles County.
Hong Kong Proposes 2% Civil Service Pay Rise, June 10
Hong Kong proposes 2% pay raise for 170,000 civil servants backdated to April 2026, costing HK$6 billion amid fiscal caution.
Hong Kong Civil Servants Get 2% Pay Rise Backdated to April
Hong Kong civil servants receive 2% pay rise for 2026-27, backdated to April 1, costing HK$6 billion across all salary bands.
West Bengal Launches Ayushman Bharat Health Scheme, June 09
West Bengal implements Ayushman Bharat health scheme and launches housing verification checks on Banglar Bari scheme beneficiaries.
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…