OpenAI submitted a draft S-1 registration statement to US regulators on June 8 at an $852 billion valuation, joining a historic cluster of AI companies moving toward public markets.
Posted inMarkets
SpaceX is set to price tonight at $135 in the largest IPO on record
SpaceX has fixed its IPO at $135 per share for a $75 billion raise at a $1.75 trillion valuation—the largest listing in stock market history—before debuting on Nasdaq under SPCX on June 12.
Posted inEconomy
US inflation hits 4.2% in May as energy prices surge 23% year-on-year
Energy costs drove US headline inflation to 4.2% in May—the fastest pace since April 2023—raising the stakes for the Federal Reserve’s June 17 decision on interest rates.
Posted inGeopolitics
Taiwan fires US-supplied HIMARS rockets into the Strait in a first
Taiwan’s military launched 36 HIMARS rockets toward the Taiwan Strait on June 10—the first live-fire test of the US-supplied system aimed at the waterway separating the island from mainland China.
Posted inWorld
Belfast burns after knife attack fans anti-immigration riots
Masked rioters torched buses and homes across Belfast after a Sudanese asylum seeker was charged with blinding Stephen Ogilvie in a knife attack, echoing a pattern of far-right online mobilisation.
Posted inTech
Apple powers Siri AI with Google Gemini as Tim Cook names his September successor
Apple unveiled a rebuilt Siri AI using Google’s Gemini model at WWDC 2026, while CEO Tim Cook announced John Ternus as his successor effective September 1.
Posted inMarkets
Oil slides below $90 as Energy Secretary signals Hormuz traffic is rising
US crude settled at $88.20 a barrel on June 9 after Energy Secretary Chris Wright said Hormuz ship traffic is rising meaningfully, as Iran and Israel agreed to halt their latest exchange of strikes.
Posted inEconomy
Five central banks in eight days as Iran-driven inflation tests policy limits
Five major central banks — ECB, Fed, BoJ, BoE, and Bank of Canada — convene in eight days this week, with the ECB’s expected hike to 2.25% leading the sequence.
Posted inGeopolitics
Iran breaks April truce with ballistic missile strike on Israel
Iran fired ballistic missiles at Israel’s Ramat David Airbase on June 7, the first direct strike since April’s ceasefire, before both sides agreed to halt attacks two days later.
Posted inWorld
Bundibugyo Ebola reaches Uganda as DRC case count exceeds 550
The DRC’s Bundibugyo Ebola strain has spread to Uganda with 550 confirmed cases and 101 deaths, as modellers warn the outbreak could reach 20,000 cases in three months without urgent action.