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business · news · 11h 135

China's wholesale prices rose at the fastest pace in nearly four years in May.

  • China's producer price index rose 3.9% in May, the fastest increase since July 2022.
  • Wholesale prices were driven by higher raw material costs from the Iran war and AI investments.
CNBC →
business · news · 12h 136

Trump Media & Technology Group (DJT) has drawn fresh attention after recent share price swings.

  • Trump Media & Technology Group posted a net loss of US$1,086.15m on just US$3.73m revenue.
  • DJT's price-to-book ratio of 1.8x remains higher than the US industry average of 1x.
simplywall.st →
business · news · 19h 164

On June 9, 2026, the tech-heavy Nasdaq Composite plunged 2.17%, losing more than 560 points as AI and semiconductor stocks extended their sell-off.

  • Broadcom's cautious AI chip outlook and falling smartphone demand triggered the latest semiconductor sector crash.
  • Roughly $1.4 trillion in market value was erased from AI semiconductor stocks in the recent selloff.
The Economic Times →