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ASX Midday: IT Stocks Surge 5%, BrainChip -1%, Energy Sector -2%, Woodside -1% Update
The ASX traded mixed at midday as investors poured money into technology stocks while reducing exposure to energy companies. The information technology sector emerged as the strongest performer, rising nearly 5%, while the energy sector fell more than 2% amid weakness in oil prices. ASX Technology Stocks Power Higher as Investor Demand Strengthens Technology shares…
Bajaj Auto Ltd (NSE: BAJAJ-AUTO) Hit by Ransomware Attack, Shares Down 1.81% at 9,844 INR
Bajaj Auto Ltd disclosed on June 23, 2026, that a ransomware attack had affected its systems and those of its subsidiary, Bajaj Auto Technology Ltd. The news quickly caught investors’ attention, sending the stock down 1.81% to around ₹9,844 on June 24. While the company said operations remain protected, the incident highlights the growing cyber…
6,067 Call Contracts Signal Upside Interest in HDFC Bank Ltd as Stock Gains 1.30%
HDFC Bank Ltd shares climbed 1.30% in the latest trading session, but the bigger story came from the derivatives market. Traders showed strong interest in the stock as 6,067 call option contracts changed hands, signaling expectations of further upside. Such activity often attracts attention because options can reveal market sentiment before major price moves occur. …
Alphabet (GOOG, GOOGL) Stock Rises Nearly 1% as Google Parent Replaces Verizon in Dow Jones Index
Google parent Alphabet moved higher by nearly 1% after Dow Jones Indices announced that the company will replace Verizon Communications in the prestigious Dow Jones Industrial Average (DJIA). The change will become effective before the opening bell on June 29, 2026, marking one of the most significant index reshuffles in recent years. Investors viewed the…
Nvidia AI Chip Demand in China Sends Black Market Prices Soaring Over 100%
China’s race to build artificial intelligence models is creating an unexpected market boom for restricted chips. The NVIDIA AI Chip has become one of the most sought-after technology products in China, with some high-end systems now selling for more than double their original prices. Rising AI demand, tighter export controls, and shrinking supply routes have…
Tech Stocks Rebound: Samsung Electronics Jumps 9% as SK Hynix Gains 4% After Sharp Sell-Off
Tech Stocks across Asia bounced back sharply on Monday after investors rushed back into semiconductor shares following one of the steepest market declines seen this month. The recovery was led by South Korean chipmakers Samsung Electronics and SK Hynix, both of which posted strong gains as investors viewed the previous session’s sell-off as excessive. The…
MicroStrategy Buys 520 Bitcoin for $34.9 Million as Bitcoin Falls 2.56%
Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, acquired 520 Bitcoin between June 15 and June 21 for approximately $34.9 million, paying an average price of $67,068 per BTC. Bitcoin itself traded at approximately $64,592 on June 23, down 2.56% in 24 hours. This marked Strategy’s third consecutive weekly purchase. The timing is notable: the company…
SpaceX Shares Plunge 31% From Post-IPO Peak, Fall Over 16% in One Day Despite Raising $85 Billion in Landmark Listing
SpaceX has witnessed a sharp reversal in investor sentiment just days after completing the largest IPO in market history. After soaring following its Nasdaq debut, the stock has now fallen about 31% from its post IPO peak and dropped more than 16% in a single trading session, erasing a large portion of its early gains….
ASX 200 Closes Down 0.33%, Iluka Resources Plunges 10.7% While Temple & Webster Gains 4.2%
The ASX 200 ended June 23, 2026, at 8,800 points, down 0.33% on the session. Tech, mining, and energy sectors led the losses, while logistics, industrial services, and healthcare offered modest support. Investors are also awaiting key US inflation data this week for clues on the Fed’s policy path, while locally, attention is turning to…