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Advanced Micro Devices (AMD) Surges 7.97% to $488.45 as It Plans Over $10 Billion Investment in Taiwan Chip Expansion
AMD Stock gained significant attention after shares surged 7.97% to $488.45, driven by the company’s announcement that it plans to invest more than $10 billion across Taiwan’s semiconductor and artificial intelligence ecosystem. The move highlights AMD’s commitment to expanding its manufacturing capabilities and strengthening its position in the rapidly growing AI infrastructure market. Investors responded…
FDA Issues Alert: 6,408 Cases (160,200 lbs) of Farm Rich Pizza Snack Recalled Over Possible Metal Contamination
The FDA officially flagged a serious metal contamination risk on June 9, 2026. Rich Products Corp voluntarily recalled 6,408 cases totaling 160,200 pounds of Farm Rich Pizza Cheese Crunchers after the products were found to potentially contain metal pieces. Rich Products Corporation is a Buffalo, New York-based company and the maker of the Farm Rich…
Rapidus Signs UK and Italy Chip Research Deals, June 12
Rapidus signs research agreements with UK and Italian institutes, backed by ¥2.4 trillion aid. Targets 2-nanometer chip production by fiscal 2027.
Oracle (NYSE: ORCL) Faces “1999-Style” Warning as Larry Ellison Loses $50 Billion in Market Value Wealth
Oracle’s record-earnings week turned into a wealth-destruction event. On June 11, 2026, a prominent CNBC analyst issued a stark “1999-style” warning on Oracle (NYSE: ORCL) comparing the company’s AI spending trajectory to the dot-com bubble at its peak. Oracle’s co-founder Larry Ellison has seen an unmatched $49 billion wiped off his net worth in 2026,…
Nvidia Rises 2.22% to $204.87, Yet Intel Emerges as Cramer’s Top Pick Following Powerful Analyst Upgrade
Nvidia continued its winning run on Thursday, with shares climbing 2.22 percent to $204.87 as demand for AI chips remained strong. However, the bigger conversation on Wall Street shifted toward Intel after Cramer backed the company as his favorite semiconductor stock following a major analyst upgrade. The latest move has sparked fresh debate over whether…
MTR Launches Sonic Branding Campaign with Kenneth Chan, June 12
MTR launches sonic branding campaign with Kenneth Chan featuring station sounds and railway trivia. Campaign started June 8 with competitions and…
MTR Signal Fault Delays Trains on Tseung Kwan O Line, June 12
MTR signal fault near Po Lam station caused 10-15 minute delays on Tseung Kwan O Line before resuming normal operations.
U.S. Ambassador Hoekstra Signals Trump Open to CUSMA Deal, June 11
U.S. Ambassador Hoekstra says America needs Canadian potash, autos, and oil. CUSMA renewal talks intensify ahead of July 1 deadline.
Opendoor Cuts 250 India Jobs as AI Reshapes Outsourcing, June 12
Opendoor closes India operations, laying off 250 employees. CEO cites AI-driven restructuring and shift to US-based teams. Stock rated C- by Meyka.