Daily Briefing

Raunaq's World

Today's Headlines

SF Events
NBA Finals Game 2: Spurs vs Knicks

Fri Jun 5 Knicks took Game 1 behind Jalen Brunson's 30 points. Wemby struggled at 6-21 from the field. Game 2 in San Antonio — Spurs need a bounce-back.

Ariana Grande — Eternal Sunshine Tour

Sat Jun 6Also Jun 9, 10 Oakland Arena. One of the biggest tours of 2026 opens in the Bay Area with three consecutive dates.

The Kid LAROI at The Masonic

Fri Jun 5 Australian rap-pop star returns to SF.

Human League + Soft Cell + Alison Moyet

Fri Jun 5 The Warfield. Synth-pop triple bill — one of the best lineups of the month.

Union Street Festival

Jun 6–7 Annual street fair in Cow Hollow. Food, live music, local vendors.

Stern Grove Festival Opens

Sun Jun 14 Peter Cat Recording Co. kicks off the free outdoor concert series. SF Pride Jun 27–28 on the horizon.

Investments & Markets
AVGO Post-Earnings Selloff

Down ~13% Broadcom beat across the board — Q2 EPS $2.44, revenue $22.19B, AI semiconductor segment $10.8B (+143% YoY) — but the stock cratered from its ATH near $487 to ~$418 after hours. Classic "sell the news" on the most crowded semi trade of the year.

SpaceX IPO: Roadshow Begins Today

Jun 4 Pricing at $135/share for a ~$1.75T valuation. NASDAQ debut targeted for June 12 under ticker SPCX. The $75B raise would be the largest tech IPO in history.

Semi Sector Snapshot

NVDA $220.46 (+2.7%) · TSM $446.80 (+2.3%) · ASML $1,773.88 (+2.8%) · CRWV $108.93 · CBRS $218.14. SOX index remains strong after last week's Computex rally.

Anthropic S-1 Filed

Confidential S-1 submitted to the SEC. At $965B valuation (post-Series H), a fall 2026 IPO is on the table. Hit first operating profit in Q2 — revenue run-rate tracking ~$47–50B annually.

Manchester United
Transfer Window Heating Up

5+ signings expected Ederson deal agreed at €40.5M + €4.5M in add-ons from Atalanta. Mateus Fernandes (Sporting CP) next in line at ~£45M. Rashford's Barcelona loan has an option to buy — deadline June 15. Carrick confirmed as permanent manager through 2028. The midfield overhaul is real.

Music
Upcoming Releases & Shows

Olivia Rodrigo drops her new album Jun 12. Muse + The Strokes co-headline Jun 26. Weezer's new record gold album lands Aug 21. Ariana Grande's Eternal Sunshine Tour starts Bay Area dates this Saturday.

Startups & AI
Mega-Rounds and New Models

Anthropic's confidential S-1 signals IPO at $965B. SpaceX IPO at $1.75T dwarfs everything. Sekai raised $26M for AI video. Alphabet filed an $84.75B equity offering earmarked for AI infrastructure. GPT-5.6 expected sometime in June — OpenAI continuing its rapid cadence.

Robotics
The Physical AI Push

OpenAI launched a robotics division led by Aditya Ramesh (DALL-E creator). Figure shipped 90K parts to BMW via its Figure 02 humanoid. Tesla is converting Fremont production lines for Optimus manufacturing. NVIDIA's Cosmos 3 omnimodel targets sim-to-real transfer. Boston Dynamics Atlas is in limited production deployment.