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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…
Diksha Polymers Share Price Hits 5% Upper Circuit After 2.23% Listing Premium, Up 7.32%
Diksha Polymers made a positive debut on the BSE SME platform on June 24, 2026. The stock is listed at ₹114.50, a 2.23% premium over its IPO price of ₹112 per share. Buying interest remained strong after listing, pushing the share price to its 5% upper circuit of ₹120.20, taking the gain to 7.32% above…
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…
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…
TVS Motor Company Ltd NSE: TVSMOTOR Dips 1.03% as 1,000 Riders Celebrate World Motorcycle Day
TVS Motor Company Ltd (NSE: TVSMOTOR) saw a minor downward adjustment of 1.03% on June 24, 2026, closing near ₹3,452.80 amid broader market consolidation. Despite the daily fluctuation, long-term sentiment remains anchored by solid brand initiatives and fundamental strength. For instance, the company successfully united over 1,000 riders across 17 Indian cities to celebrate World…
Tata Steel Ltd NSE: TATASTEEL 191.08 INR up 1.28% Wage Revision Today: Employees’ Salary Hike
Tata Steel Ltd (NSE: TATASTEEL) reached the final contours of a landmark wage revision agreement on June 24, 2026, following marathon negotiations that stretched nearly 10 hours on Tuesday. CEO & MD T.V. Narendran and Chief People Officer Atrayee Sanyal personally led the negotiations, underscoring the deal’s strategic significance. The agreement will remain in effect…
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…
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…
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…