News
Activist Nomura Acquires 1. 86% of TV Asahi, June 05
20+ min ago (464+ words) Nomura Ayako acquired 1. 86% of TV Asahi Holdings, becoming 8th largest shareholder on June 4. Stock rose 4. 6% as market expects capital efficiency demands from activist. Company trades at 0. 7 times book value, below breakup value, signaling asset sale potential. Nomura previously pushed Fuji Media…...
Nvidia CEO Jensen Huang Courts South Korea as Samsung and SK Hynix Power 70% of AI Chip Memory
13+ hour, 7+ min ago (524+ words) Samsung and SK Hynix supply 70% of memory for Nvidia AI chips. Samsung stock closed up 10. 1%, and LG Electronics surged nearly 30% following GTC Taipei announcements. Nvidia has deployed 250, 000+ GPUs in South Korea and plans to supply 260, 000 more. SK Group is building…...
Anthropic Files for IPO at $965 B Valuation, Surpasses Open AI
55+ min ago (208+ words) Anthropic filed confidentially for IPO on June 1 after raising $65 billion. Company valued at $965 billion, surpassing Open AI's $852 billion valuation. Morgan Stanley and Goldman Sachs lead underwriting, listing could come October 2026. Amazon's $74 billion stake booked $16. 8 billion in Q1 2026 gains alone. Morgan Stanley…...
Bangkok Restaurant Refuses Thai Baht, Triggers Payment Law Probe June 05
1+ hour, 9+ min ago (157+ words) Chinese restaurant in Bangkok refused Thai baht, demanded yuan payment. Customer charged 50 baht extra, sparking viral Tik Tok video. District officials inspected restaurants for legal compliance on June 4. Multiple Thai laws may apply including Exchange Control Act and Payment Systems…...
Space X Sets $135 IPO Price for Record $75 Billion Raise, June 04
8+ hour, 8+ min ago (381+ words) Space X sets $135 share price for record $75 billion IPO at $1. 77 trillion valuation. Musk retains 82. 4% voting power and keeps all personal shares. Company lost $4. 94 billion in 2025 despite 33% revenue growth. Trading begins June 12 on Nasdaq after June 11 pricing. Space X's $1. 77 trillion valuation…...
Goldman Sachs Launches Tokenized Real Estate Fund, June 04
4+ hour, 49+ min ago (237+ words) Goldman Sachs launches blockchain-native real estate fund with Apex Group and Archax. Fund tokenizes shares using GS DAP platform while maintaining regulated fund structures. Apex Group services $3. 5 trillion in assets globally. Secondary liquidity and share trading remain future milestones. Goldman…...
Space X IPO Prices at $135 Per Share, Targets Record $75 Billion Raise
5+ hour, 58+ min ago (329+ words) Space X prices IPO at $135 per share, raising $75 billion. Company valued at $1. 77 trillion, largest IPO ever. Nasdaq debut June 12 under ticker SPCX. Elon Musk's net worth could exceed $1 trillion after offering. Space X will raise about $75 billion in gross proceeds…...
SBA Disaster Loans Open for Cameron County After May Storms, June 04
11+ hour, 59+ min ago (358+ words) SBA approved Cameron County for federal disaster assistance after May 2026 storms. Three loan programs available: Home Disaster, Business Physical Disaster, and Economic Injury loans. Outreach center opened June 3 at San Benito location with extended weekday hours. Applicants need ID, cell…...
NVDA Stock at $214. 75: MRVL vs NVTS Investment Outlook
9+ hour, 32+ min ago (945+ words) NVDA Stock remains the benchmark for AI investing, driving interest in related semiconductor companies like MRVL and NVTS. Marvell Technology benefits directly from AI data center networking and connectivity demand. Navitas Semiconductor focuses on power-efficient Ga N and Si C…...
Japan Post Holdings Stock Rises 3. 4% on June 05 as Earnings Loom
7+ hour, 9+ min ago (221+ words) Japan Post Holdings stock rose 3. 4% to "2, 145. 50 on June 05. Meyka rates stock B- with 15% downside target of "1, 823. 79. Postal rate hikes boosted earnings 38% but revenue fell 4. 6%. High debt-to-equity ratio of 3. 43x limits financial flexibility. Japan Post Holdings 6178. T climbed 3. 4% to "2, 145. 50 on June 05, adding "71. 50 in…...