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Oracle founder Larry Ellison loses more than $47 billion in less than 7 days
Larry Ellison has lost more than $47 billion in personal wealth in less than a week as shares of Oracle continued to fall ahead of the company's earnings report. Ellison's fortune dropped from about $296 billion last Tuesday, June 2 to around $249.7 billion, according to Forbes' Real-Time Billionaires List. The fall comes as investors pull back from technology and AI-related stocks, leading to a broader selloff across the sector.
Gurgaon road rage: Doctor, her husband attacked during confrontation; one arrested
A female doctor was allegedly harassed, abused, threatened, and her car was damaged by two men during an incident in Gurgaon’s South City-II area on Tuesday evening. Police have arrested one person in connection with the case and are making efforts to trace the second accused. The incident took place around 4 pm when the woman, a resident of Sohna, had come to the South City-II area for some work.
Analysis:US tech stocks' market dominance reaches new heights and presents new risks
Analysis:US tech stocks' market dominance reaches new heights and presents new risks NEW YORK, June 3 : The charge higher in U.S. technology stocks has made broader indexes as reliant as ever on the group - and more vulnerable should those market leaders trip up. With stunning gains over the past two months, the S&P 500 technology sector now accounts for more than 39 per cent of the market capitalization of the overall benchmark index, its highest on record and above the level it reached...
UK metals company in business for 47 years crashes into administration
UK metals company in business for 47 years crashes into administration The industrial metal finishing company has been operating since 1979. A Staffordshire-based metal finishing firm that has served British industry for over four decades has collapsed into administration.
Zero-Copy Semantic Contagion: An In-Memory Streaming Architecture for Evolving Attention Graphs
arXiv:2606.05733v1 Announce Type: new Abstract: Per-ticker forecasting models dominate financial time-series work yet remain blind to cross-company propagation: a foundry disruption in Taiwan does not register in a single-asset model until Apple's own price has already moved. To address this limitation, we introduce a heterogeneous Rust-Python streaming architecture that maps cross-company attention as a continuous-time graph driven directly from text. We show that on the ingestion side, a...
Ethiopia’s election is about affirming national commitment to democracy
Ethiopia’s election is about affirming national commitment to democracy A national vote alone cannot address all challenges in the country, but it can be a step toward democratic consolidation. On June 1, more than 57 million Ethiopians are going to the polls in the country’s seventh national election since the adoption of the 1995 constitution. At a time when democratic systems across the world are under strain, Ethiopia’s vote is more than a routine electoral event — it is a significant...
President Emmanuel Macron announces €93 billion in 'Choose France' investments
Since the first "Choose France" in 2018, a year after Macron came to power, more than 230 projects have been announced, representing several thousand jobs, according to the Élysée Palace. French President Emmanuel Macron said he was expecting "record" foreign investment amounting to €93 billion at an international conference on Monday, including for artificial intelligence and data centres. Around 200 executives from around the world are expected at the Versailles palace west of Paris for...
Macron eyes billions in AI investment at 'Choose France' summit
Macron eyes billions in AI investment at 'Choose France' summit French President Emmanuel Macron hosts his annual "Choose France" investment summit on Monday with foreign investors already pledging billions of dollars of capital for AI and data projects. The conference could also see announcements on rare earth investments in France. France holds a foreign investment summit on Monday with tens of billions of dollars of capital already offered, notably for artificial intelligence and data...
Texas senator drops push to name highway after Trump after president backed his primary foe
Texas senator drops push to name highway after Trump after president backed his primary foe John Cornyn says he is looking forward to ‘working in the private sector’ once his term ends in January - Bookmark - CommentsGo to comments Senator John Cornyn is backing off a project to rename a highway in Texas in honor of President Donald Trump after the president backed his primary opponent. Cornyn lost his primary to Texas Attorney General Ken Paxton, who Trump endorsed in the race. During the...
Should EU manufacturers use less Chinese parts? Take our poll
Brussels is considering limiting manufacturing supply chains. Instead of buying cheap, 100% Chinese components, European companies would be forced to source them from at least 3 different countries. China is the primary global supplier of parts and components to Europe.