Global markets recover as geopolitical tensions ease, while tech giants face scrutiny over AI infrastructure spending and profitability concerns amid economic growth mixed with rising unemployment.

Stock markets rallied after President Trump called off strikes on Iran, with the Dow and S&P 500 rising as geopolitical tensions eased, though Gulf markets had dipped earlier due to fresh Middle East escalation concerns.

SpaceX is pursuing a historic IPO with massive hype, but faces significant volatility risks and profitability questions as CEO Elon Musk admits he cannot predict when the venture will become profitable despite Starlink generating over $11 billion in revenue.

Oracle's stock is experiencing its worst quarter-century run as investors express concerns over its $95 billion AI infrastructure spending plan and physical bottlenecks in data-center deliveries, despite rapid cloud-infrastructure business growth.

Pakistan's unemployment rate rose to 7.1% in 2024-25 from 6.3% a year earlier, despite the country's economy returning to growth, according to the latest Economic Survey.

Bangladesh unveiled a $77 billion budget targeting 6.5% economic growth and 7.5% inflation as the government attempts to revive its economy following recent political instability.

Pakistan's State Bank forex reserves increased by $25 million to $17.22 billion during the week ended June 5, showing modest improvements in the country's external position.

BofA notes Intel stock remains significantly "underowned" in investment funds and could experience substantial gains as institutional ownership expands, despite the stock already posting major gains this year.

Surging international airfares are forcing American travelers to reconsider European vacations and instead opt for domestic U.S. travel destinations, impacting tourism spending patterns.

MoonPay strengthened its board by adding PayPal representatives and National Security veterans, signaling growing institutional acceptance and mainstream integration of cryptocurrency payment platforms.

Prime Minister Shehbaz Sharif directed faster processing of Pakistan's Apna Ghar Scheme applications as loan disbursements remain a key economic stimulus initiative to boost housing and consumer spending.