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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.
ASML Executives Questioned by U.S. Commerce Chief Over Potential EUV Export Breach
The global semiconductor industry is once again in focus after ASML came under fresh scrutiny from the United States over its most advanced chipmaking equipment. The discussions have renewed attention on export controls, China-related technology restrictions, and the future of advanced semiconductor manufacturing. While the concerns are serious, ASML has strongly denied that any of…
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.
JPMorgan Blocks Claude AI Access in Hong Kong, June 19
JPMorgan and Goldman Sachs blocked Claude AI in Hong Kong due to Anthropic’s licensing restrictions amid U.S. export controls.
Pakistan Deploys First Submarine to Bay of Bengal Since 1971, June 19
Pakistan deploys its first Hangor-class submarine to the Bay of Bengal since 1971, reshaping regional naval dynamics.
Polestar CEO Pushes EU to Keep 2035 ICE Ban as EV Sales Surge, June 19
Polestar CEO opposes EU’s 2035 ICE ban softening, citing strong EV adoption and infrastructure readiness. European EV sales grew 30% in 2025.
Thailand Revives $30B Land Bridge Project to Bypass Malacca Strait
Thailand’s $30.45 billion Land Bridge project links two deep-sea ports across the southern peninsula as an alternative to the Strait of Malacca.
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.