North America:

  • Broadcom reported a narrow earnings miss and disappointing AI chip outlook, leading to its largest share decline since January 2025.
  • Nvidia confirms certification of the three largest memory chipmakers to supply HBM4 for its AI accelerators.
  • SpaceX is preparing for a record-breaking $75 billion IPO, with major Wall Street banks hosting high-profile events.
  • Boeing is considering increasing 737 production to approximately 70 jets per month.
  • Lululemon Athletica shares dropped as the company slashed its annual and 2026 revenue and earnings forecasts.
  • Helion raised $465 million in a Series G funding round led by Thrive Capital, valuing the company at $15.5 billion.
  • Liftoff Mobile’s shares surged 9% on their Nasdaq debut, valuing the Blackstone-backed company at about $4.18 billion.

Europe:

  • Airbus delivered 81 aircraft in May, a 59% year-on-year increase, bringing total deliveries to 262 for the year.
  • Lufthansa Boeing 787-9 Dreamliner experienced a nose-gear collapse at Frankfurt Airport, leading to injuries and an investigation.
  • Sectra reports record Q4 revenue of SEK1.033bn, a 13% rise in revenue, and announces higher dividends.
  • Nordnet shares rose 4.8% after Berenberg raised its recommendation to "buy" and set a new target price of 400 SEK.
  • Xspray Pharma's Nilopki drug launch is delayed due to a Complete Response Letter from the U.S. FDA.
  • Raspberry Pi Holdings shares rise 19% after raising its full-year earnings forecast due to strong first-half sales.

Rest of World:

  • HSBC and AIA shares drop following reports that Hong Kong banks have stopped opening accounts for mainland Chinese clients.
  • Dexus initiates a strategic review of its A$7.3 billion infrastructure funds following a New South Wales Supreme Court injunction.
  • KPMG Australia is under investigation by Australia's corporate regulator over allegations of using confidential client information.
  • Volvo Cars' Thai unit faces civil lawsuits over electric vehicle battery fires, following a global recall of 37,802 EX30 models.
  • IOI Properties will replace Sime Darby as a component of Malaysia's Kuala Lumpur Composite Index starting June 22.