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SpaceX IPO Soars 19% to $161; Leveraged ETF Launch Delayed to Monday, June 13
SpaceX stock surges 19% to $161 on IPO debut Friday. Leveraged ETFs pushed to Monday over SEC concerns. Company valued at $2.1 trillion.
Sensex Surges 1,695 Points as Oil Falls Below $90 on Iran Peace Deal, June 13
Sensex surged 1,695 points to 75,527 and Nifty50 gained 461 points to 23,623 on June 12 as crude oil fell below $90 following US-Iran peace signals.
Diehl Defence Unveils Cobra 600 Jet Drone, June 12
Diehl Defence’s Cobra 600 jet drone extends IRIS-T missile range to 400 km, combining airborne transport with ground-based air defence capabilities.
ASML Stock Surges 9.5% as Musk Pitches $55B Terafab, June 13
ASML stock surges 9.5% after Elon Musk pitches $55B Terafab chip factory. Dutch chipmaker holds monopoly on EUV lithography equipment.
Bitcoin Holds Near $63,579 as Hot PPI and SpaceX’s Record IPO Drain Liquidity From Crypto Markets
This is not a Bitcoin story. It is a macro story, and Bitcoin is absorbing it. Bitcoin holds near $63,579 on June 12, 2026, after briefly climbing above $63,500 before retracing sharply as US Producer Price Index (PPI) data for May came in at 6.5% year-over-year above consensus and directly revived rate-hike fears that had…
Advanced Micro Devices (AMD) Surges 7.97% to $488.45 as It Plans Over $10 Billion Investment in Taiwan Chip Expansion
AMD Stock gained significant attention after shares surged 7.97% to $488.45, driven by the company’s announcement that it plans to invest more than $10 billion across Taiwan’s semiconductor and artificial intelligence ecosystem. The move highlights AMD’s commitment to expanding its manufacturing capabilities and strengthening its position in the rapidly growing AI infrastructure market. Investors responded…
Why Anthropic’s Near-$1 Trillion Valuation and Upcoming Share Sale Could Trigger a New AI Investment Wave Fueled by Fable 5
We are entering a new phase of the AI revolution. The numbers are getting bigger. The money is moving faster. And investor excitement is hitting extreme levels. One of the biggest stories right now is Anthropic PBC, which is reportedly moving toward a near-$1 trillion private-market valuation. At the same time, the company is preparing…
MSFT Stock Pressured as Xbox Layoffs Loom After June 30 Fiscal Close — But the Cloud Business Tells a Very Different Story
$82.89 billion in quarterly revenue. $190 billion in capex. And Xbox can’t find its footing. Microsoft (NASDAQ: MSFT) is carrying a sharp internal contrast into its June 30 fiscal year close. On June 10, 2026, Microsoft confirmed plans for significant layoffs in its Xbox division as new CEO Asha Sharma implements a broad reset of…
Rapidus Signs UK and Italy Chip Research Deals, June 12
Rapidus signs research agreements with UK and Italian institutes, backed by ¥2.4 trillion aid. Targets 2-nanometer chip production by fiscal 2027.