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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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Gold Price Today 24 June Gold (GC=F) sinks 0.67%, dollar index rises 0.4%, selloff
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Gold Price Today 24 June Gold (GC=F) sinks 0.67%, dollar index rises 0.4%, selloff

Gold prices moved sharply lower on June 24 as gold futures (GC=F) fell 0.67% while the U.S. Dollar Index gained around 0.4%. The decline reflects growing pressure from a stronger dollar and changing expectations around Federal Reserve policy.  Gold is often seen as a safe-haven asset, but recent market signals have pushed investors toward the…

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New Zealand shares -0.26% S&P/NZX 50 Index, Nvidia -4%, AMD -6% Nasdaq Composite -2%, S&P 500 -1%
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New Zealand shares -0.26% S&P/NZX 50 Index, Nvidia -4%, AMD -6% Nasdaq Composite -2%, S&P 500 -1%

Global markets faced fresh pressure on June 24, 2026, as a sharp selloff in semiconductor stocks rattled investor sentiment. NVIDIA fell around 4%, while AMD dropped nearly 6%, dragging the Nasdaq Composite down about 2% and the S&P 500 lower by 1%.  The weakness also spread to Asia, with New Zealand’s S&P/NZX 50 Index slipping…

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Liotech Industries Share Price Debuts 20% Down at ₹257 Against ₹321 IPO Price
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Liotech Industries Share Price Debuts 20% Down at ₹257 Against ₹321 IPO Price

Liotech Industries made a weak stock market debut on June 24, 2026, as its shares listed at ₹257 on the BSE SME platform, nearly 20% below the IPO price of ₹321. The disappointing start came despite the issue receiving moderate investor interest during the subscription period.  The sharp decline has raised concerns about valuations and…

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