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SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom
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SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom

On June 24, 2026, SK Hynix announced plans for a massive $29.4 billion Nasdaq listing, marking one of the biggest overseas fundraising efforts by a South Korean company. The move comes as demand for AI-focused memory chips continues to soar worldwide.  As a leading supplier of high-bandwidth memory (HBM) used in advanced AI systems, SK…

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Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps
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Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps

Rheinmetall shares came under strong pressure after Germany made a surprise decision to cancel the F126 frigate program. The move triggered a sharp reaction across European defense stocks, with investors reassessing future naval contracts and long-term order visibility. The cancellation also shifted attention toward rival shipbuilder TKMS, which saw a strong upside in trading. The…

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Liontrust (LON: LIO) Rises 12% After Outflows Narrow to £276M in Current Quarter 
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Liontrust (LON: LIO) Rises 12% After Outflows Narrow to £276M in Current Quarter 

Liontrust shares surged about 12% in late June 2026 after the UK asset manager reported quarterly net outflows of £276 million, a sharp improvement from previous periods. The update gave investors fresh confidence that the company’s long struggle with client withdrawals may be starting to ease. While outflows have not disappeared, the trend is moving…

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Meta Cuts 8,000 Jobs After Record $56.3B Quarter and $921M Executive Options
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Meta Cuts 8,000 Jobs After Record $56.3B Quarter and $921M Executive Options

Meta entered 2026 with strong momentum. The company reported a record $56.3 billion in quarterly revenue and billions in profit, showing the strength of its advertising business. Yet, in a surprising move, Meta announced plans to cut around 8,000 jobs while increasing its focus on artificial intelligence. The decision has drawn even more attention because…

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Honasa Consumer (NSE: HONASA) Falls 4% to ₹403.50 After ₹135 Crore Fluence Pharma Deal 
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Honasa Consumer (NSE: HONASA) Falls 4% to ₹403.50 After ₹135 Crore Fluence Pharma Deal 

Honasa Consumer shares fell nearly 4% to ₹403.50 after the company announced its ₹135 crore acquisition of a majority stake in Fluence Pharma in June 2026. The deal marks a major step into India’s fast-growing nutraceutical market, expanding beyond traditional beauty and personal care products.  While the stock market reacted cautiously, the move highlights Honasa’s…

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Segro Rejects £12.6bn Prologis Takeover Approach as US Rival Bid Stalls for FTSE Warehouse Firm
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Segro Rejects £12.6bn Prologis Takeover Approach as US Rival Bid Stalls for FTSE Warehouse Firm

Segro (LSE: SGRO) rejected a £12.6 billion all-share takeover approach from US logistics giant Prologis (NYSE: PLD) on June 23, 2026. The proposal submitted on June 16 offered 0.084 new Prologis shares per Segro share, valuing the FTSE 100 firm at 925p per share, a 24.6% premium to Segro’s closing price of 742p. Prologis went…

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Qatar Airways Suddenly Ends All Airbus A380 Flights to Australia, Shaking Aviation Market Outlook
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Qatar Airways Suddenly Ends All Airbus A380 Flights to Australia, Shaking Aviation Market Outlook

Qatar Airways has permanently retired its Airbus A380 from all Australian routes as of June 2026. The superjumbo last flew the Doha–Sydney route in March 2026 and was originally scheduled to return in September. Instead, Qatar Airways now deploys the Boeing 777-300ER on that corridor. Sydney Kingsford Smith Airport (SYD) was the carrier’s first and…

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Major Power Outage in France as Europe Heatwave Intensifies Amid Record Temperature Crisis
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Major Power Outage in France as Europe Heatwave Intensifies Amid Record Temperature Crisis

France is grappling with a severe power outage risk as Europe’s most intense 2026 heatwave tightens its grip. The second and more severe heatwave began on June 22, 2026, with 54 departments placed under a heatwave red alert and overnight temperatures reaching their highest since records began in 1947. The single highest temperature recorded was…

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Nike Inc (NYSE: NKE) Stock Drops Ahead of Q4 Earnings as Surprise CFO Change Raises Turnaround Questions
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Nike Inc (NYSE: NKE) Stock Drops Ahead of Q4 Earnings as Surprise CFO Change Raises Turnaround Questions

Nike Inc chose the worst possible timing for a leadership change. Nike Inc (NYSE: NKE) announced on June 23, 2026, that CFO Matthew Friend will step down effective August 17, to be replaced by David M. Denton as incoming Chief Financial Officer. NKE traded near $45.20 as of June 15, already 44% below its 52-week…

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