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Temasek Backs Anthropic IPO as AI Valuation Hits $965B, June 19
Temasek backs Anthropic’s IPO as the AI startup’s valuation reaches $965 billion following its June 1, 2026 SEC filing.
Idorsia Stock Surges 24% on Debt Refinancing Deal, June 19
Idorsia stock surges 24% to 5.78 CHF after refinancing debt and extending liquidity to 2028. Swiss biotech advances insomnia drug development.
IREN Stock Jumps 5% on Jefferies Buy Rating, June 19
IREN stock rises 5% after Jefferies initiates buy rating with $79 target, adding 490MW power capacity in Spain via Nostrum acquisition.
Germany’s Pension Reform Splits Coalition: Beamte Face 600-800 Euro Cut
Germany’s pension reform divides coalition: SPD opposes raising retirement age beyond 67; Beamte face potential 600-800 euro monthly losses.
XPeng Stock Hits 52-Week Low as Dilution Vote Looms, June 19
XPeng stock falls to 52-week low of €11.64 ahead of June 26 shareholder vote on 20% dilution. Deliveries lag Q2 targets as CEO pushes robotics push.
SpaceX Soars Past Amazon as Michael Burry Questions Valuation, June 19
SpaceX stock surged 50% post-IPO to $2.66T market cap. Michael Burry questions valuation; Oppenheimer targets $250. Analyst consensus remains bullish.
BayWa Stock June 18: German Retailer Faces Market Headwinds
BayWa stock faces pressure as Germany’s largest agricultural and building materials retailer navigates rising costs and weak consumer demand.
CRA Streamlines Disability Tax Credit Applications, June 18
CRA updates disability tax credit process July 14, 2026. Paper forms no longer accepted from September. Online applications process faster.
Affirm Stock Falls 5.3% to $70.73 on Valuation Concerns, June 18
Affirm stock fell 5.3% to $70.73 on June 17 amid valuation concerns and sector headwinds affecting the buy-now-pay-later fintech lender.