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U.S. Mortgage Rates Fall to 6.47% as Iran Peace Deal Eases Inflation Fears, June 19
πŸ“… in about 3 hours

U.S. Mortgage Rates Fall to 6.47% as Iran Peace Deal Eases Inflation Fears, June 19

30-year mortgage rates fall to 6.47% on Iran peace deal and lower inflation concerns. 15-year rates at 5.81%.

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Kroger Stock Falls 8% After Q1 Earnings Miss on Margin Pressure
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Kroger Stock Falls 8% After Q1 Earnings Miss on Margin Pressure

Kroger stock fell 8% after Q1 earnings miss despite revenue beat. Gross margins compressed from diesel costs and price cuts; e-commerce profitable.

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New Defra Minister Faces Farming Crisis as Costs Soar, June 20
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New Defra Minister Faces Farming Crisis as Costs Soar, June 20

New Defra minister Stephen Morgan warns of severe farming pressures from rising fuel and fertiliser costs squeezing UK agriculture.

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Yann LeCun Warns AI Industry Faces Bubble Risk as xAI Struggles, June 20
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Yann LeCun Warns AI Industry Faces Bubble Risk as xAI Struggles, June 20

Yann LeCun warns xAI faces failure and AI labs risk bubble if they don’t cut costs or raise prices amid high infrastructure spending.

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SpaceX Stock Falls 6.5% as Post-IPO Rally Cools, June 20
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SpaceX Stock Falls 6.5% as Post-IPO Rally Cools, June 20

SpaceX stock falls 6.5% to $178.50 after post-IPO rally fizzles amid valuation concerns and profit-taking.

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Scottish Crime Boss Steven Lyons Loses Extradition Fight, June 20
πŸ“… 1 hour ago

Scottish Crime Boss Steven Lyons Loses Extradition Fight, June 20

Scottish crime boss Steven Lyons loses extradition bid in Dutch court. He faces trial in Spain for drug trafficking and money laundering.

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Temasek Invests β‚Ή1,000 Crore in Svakarma Microfinance, June 20
πŸ“… 1 hour ago

Temasek Invests β‚Ή1,000 Crore in Svakarma Microfinance, June 20

Temasek invests β‚Ή1,000 crore in Svakarma, a microfinance company serving India’s micro businesses and supporting financial inclusion.

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Hong Kong Launches RMB Bond Futures as China Cuts US Treasury Holdings
πŸ“… 2 hours ago

Hong Kong Launches RMB Bond Futures as China Cuts US Treasury Holdings

Hong Kong launches RMB bond futures August 3 as China trims US Treasury holdings to $651.1 billion, lowest since 2008, amid geopolitical uncertainty.

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ElevationSpace Raises Β₯6.4B in Series B, Eyes Global Space Market
πŸ“… 2 hours ago

ElevationSpace Raises Β₯6.4B in Series B, Eyes Global Space Market

ElevationSpace secures Β₯6.4B Series B funding for reentry satellite technology, bringing total funding to Β₯10.1B for space-to-Earth cargo transport.

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