Nvidia (NASDAQ:NVDA) unveiled a series of strategic agreements with some of South Korea’s largest technology groups on Monday, strengthening its position in the artificial intelligence ecosystem while securing key relationships across memory chips, cloud infrastructure and robotics. The partnerships were announced during a visit to South Korea by Chief Executive Jensen Huang, who arrived in the co...
Nvidia (NASDAQ:NVDA) unveiled a series of strategic agreements with some of South Korea’s largest technology groups on Monday, strengthening its position in the artificial intelligence ecosystem while securing key relationships across memory chips, cloud infrastructure and robotics. The partnerships were announced during a visit to South Korea by Chief Executive Jensen Huang, who arrived in the country on Friday.
Stock index futures were mixed on Monday as tech recovered after a major selloff in the sector on Friday. Now, here are 5 news stories that broke overnight to watch out for: Trump moves to contain Iran-Israel flare-up: President Donald Trump moved to contain a new confrontation between Iran and Israel after Tehran launched multiple waves of missiles at Israel on Sunday in response to an Israeli ai...
Stock index futures were mixed on Monday as tech recovered after a major selloff in the sector on Friday. Now, here are 5 news stories that broke overnight to watch out for: Trump moves to contain Iran-Israel flare-up: President Donald Trump moved to contain a new confrontation between Iran and Israel after Tehran launched multiple waves of missiles at Israel on Sunday in response to an Israeli airstrike in Beirut targeting Hezbollah. Israeli military officials said Iran fired at least four rounds of missiles toward Israel, all intercepted by air defenses with no injuries reported. The exchange marked the most confrontation between the two nations since a U.S.-brokered ceasefire took effect in early April. Iran signals new Strait of Hormuz conditions: The Strait of Hormuz will remain open but under new conditions to be set by Iran and Oman, including a transit fee, Iran’s ambassador to Moscow said Monday. “Of course, this strait will be open , but with new conditions to be determined by the Iranian and Omani authorities,” Ambassador Kazem Jalali told Russian newspaper Izvestia. The ambassador added that fees will be charged for services related to the strait without elaborating on specifics. Strategy may resume Bitcoin buying: Michael Saylor may have signaled that Strategy ( MSTR ) is preparing to resume its bitcoin accumulation following last week’s unexpected BTC sale. On Sunday, Strategy’s executive chairman shared the company’s bitcoin acquisition tracker on X with the message, “A good time to add more dots.” Investors have historically viewed such posts as hints that the company is planning another bitcoin purchase, though no official announcement has been made. Nvidia’s Huang bullish on AI despite selloff: Nvidia ( NVDA ) CEO Jensen Huang said the recent selloff in U.S. semiconductor stocks should be viewed in the context of a much larger trend, stating that “We are at the outset of the AI revolution.” Speaking to reporters in Seoul on June 8 after meetings wi...
With everything from gas to groceries getting more expensive these days, your 2027 Social Security cost-of-living adjustment (COLA) probably can't come soon enough. We've still got more than six months until then, but that hasn't stopped people from trying to predict where the COLA will end up. A new Consumer Price Index (CPI) report, set for release on June 10, 2026, will shed some new light on i...
With everything from gas to groceries getting more expensive these days, your 2027 Social Security cost-of-living adjustment (COLA) probably can't come soon enough. We've still got more than six months until then, but that hasn't stopped people from trying to predict where the COLA will end up. A new Consumer Price Index (CPI) report, set for release on June 10, 2026, will shed some new light on inflation trends, and that'll give us a few more clues about what the 2027 COLA might be. Here's a closer look at what to watch for. Image source: Getty Images. Continue reading
Micron (NASDAQ: MU) stock posted a massive rally in May's trading. The company's share price surged 87.8% higher in a month that saw the S&P 500 gain 5.2% and the Nasdaq Composite jump 8.4%. Micron has been on a huge rally this year thanks to a favorable demand outlook for memory chips used in artificial intelligence and data center applications. Even with a pullback in June's trading, the company...
Micron (NASDAQ: MU) stock posted a massive rally in May's trading. The company's share price surged 87.8% higher in a month that saw the S&P 500 gain 5.2% and the Nasdaq Composite jump 8.4%. Micron has been on a huge rally this year thanks to a favorable demand outlook for memory chips used in artificial intelligence and data center applications. Even with a pullback in June's trading, the company's share price is up roughly 203% in 2026. Image source: Getty Images. Continue reading
Anyone who owns a stake in Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) may be more than a little frustrated that the company seemingly isn't doing anything with its idle cash. As of the latest look, it's got $397.4 billion on the sidelines, versus only $328 billion in stock holdings, at a time when the market is roaring. Like predecessor Warren Buffett, though, current Berkshire CEO Greg Abel und...
Anyone who owns a stake in Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) may be more than a little frustrated that the company seemingly isn't doing anything with its idle cash. As of the latest look, it's got $397.4 billion on the sidelines, versus only $328 billion in stock holdings, at a time when the market is roaring. Like predecessor Warren Buffett, though, current Berkshire CEO Greg Abel understands something many investors may not: This conglomerate's structure isn't what it seems on the surface. Its equity investments aren't necessarily the only growth engine. Image source: Getty Images. Continue reading
An 86‑year‑old woman died on Monday morning after falling from her flat while cleaning a window at a residential estate in Discovery Bay, an upscale seaside community in Hong Kong. Police said they received a report at around 10am from security staff at Greendale Court in Greenvale Village who discovered the woman lying unconscious outside the building. Paramedics arrived shortly after and pronoun...
An 86‑year‑old woman died on Monday morning after falling from her flat while cleaning a window at a residential estate in Discovery Bay, an upscale seaside community in Hong Kong. Police said they received a report at around 10am from security staff at Greendale Court in Greenvale Village who discovered the woman lying unconscious outside the building. Paramedics arrived shortly after and pronounced her dead at the scene. A police investigation suggested the woman might have lost her footing...
Nvidia Corp. and Hyundai Motor Group agreed to deepen their alliance to turn so-called physical AI and robotics into real industrial products. Nvidia Chief Executive Officer Jensen Huang and Hyundai Motor Executive Chair Chung Euisun outlined an expanded vision for their AI-powered partnership after talks in Seoul on Monday, spanning mobility, manufacturing and robotics. A key focus of the enhance...
Nvidia Corp. and Hyundai Motor Group agreed to deepen their alliance to turn so-called physical AI and robotics into real industrial products. Nvidia Chief Executive Officer Jensen Huang and Hyundai Motor Executive Chair Chung Euisun outlined an expanded vision for their AI-powered partnership after talks in Seoul on Monday, spanning mobility, manufacturing and robotics. A key focus of the enhanced roadmap is moving robotics from research labs to actual factory floors. By tapping Hyundai’s manufacturing ecosystem, the companies aim to create globally scalable platforms. Robotics has long been a core pillar of their collaboration, underscored by Hyundai’s Atlas humanoid robot, whose production-ready model has captured investor attention after its debut at the CES technology show in January. The two companies are getting “very very close” to industrializing robotics, Huang said, adding that they plan to bring AI to “all forms of mobility.” He emphasized Hyundai’s ability to spearhead this shift thanks to its vast manufacturing infrastructure. “Hyundai is incredible at manufacturing, incredible at mobility, incredible at heavy industries, manufacturing at extremely large scales,” Huang told reporters. “No one is in a better position to take advantage of that and to create that than Hyundai.” Another major topic of discussion was Hyundai’s 9 trillion won ($5.9 billion) initiative in the western port city of Saemangeum, which Huang dubbed as South Korea’s “AI Valley.” The project includes an AI data center, a robot manufacturing cluster and a hydrogen plant. Read: Hyundai Motor to Invest $6.3 Billion in AI, Robotics Center Chung noted that further investment will be channeled into the city, suggesting that the two firms can create a “perfect AI ecosystem” including a joint data hub if Nvidia officially joins the project. Huang, a self-proclaimed fan of Korean barbecue and fried chicken, likened the site to America’s Silicon Valley, joking that he would gladly accept the ...