Nvidia Eyes $3 Billion Investment in SoftBank-Backed AI Data Center 
US Dollar Holds Steady as Fed Rate Bets and Iran Tensions Drive Markets 
US Stock Futures Mixed as Fed Rate Hike Bets Fade, AI Deals in Focus 
Alphabet’s SpaceX Investment Soars 100-Fold to $94 Billion 
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations 
Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth 
Oil Prices Rise as US-Iran Tensions Renew Strait of Hormuz Supply Fears 
Moody’s Affirms NVIDIA Aa1 Rating as AI Data Center Guarantees Reach $105 Billion 
Anthropic Revenue Run Rate Hits $65 Billion as IPO Plans Accelerate 
Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push 
Ferrari Luce EV Sells for Record $40 Million at Charity Auction 
US Dollar Hovers Near Multi-Month Lows as Fed Rate Hike Bets Ease 
Moody’s Upgrades Vodafone Hybrid Debt Ratings to Baa3 
Gold Prices Hold Near $4,400 as Fed Rate Hike Bets Fade 
Oil Prices Rise as Iran-U.S. Tensions Threaten Strait of Hormuz Supply 
Trump Pauses 50% Canada Tariffs for Three Days as U.S. Trade Deal Takes Shape 
Add as a preferred source on Google
Fonterra has agreed to divest its 51 percent stake in two joint venture farms in Shandong province, China, to Singapore-based AustAsia Investment Holdings for $62.1 million.
The farms will be sold to Singapore-based AustAsia for $115.5 million.
Fonterra, which has decided to prioritize producing New Zealand milk, has completed selling its wholly-owned China farming hubs.
Fonterra CEO, Miles Hurrell, acknowledged that Greater China is among their most important and strategic markets and would bring the goodness of New Zealand milk to Chinese customers in innovative ways and by partnering with local Chinese companies.
The sale of the JV farms, which requires no further regulatory approvals, is expected to be completed on June 30.
