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SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom
📅 in about 5 hours

SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom

On June 24, 2026, SK Hynix announced plans for a massive $29.4 billion Nasdaq listing, marking one of the biggest overseas fundraising efforts by a South Korean company. The move comes as demand for AI-focused memory chips continues to soar worldwide.  As a leading supplier of high-bandwidth memory (HBM) used in advanced AI systems, SK…

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Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps
📅 in about 4 hours

Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps

Rheinmetall shares came under strong pressure after Germany made a surprise decision to cancel the F126 frigate program. The move triggered a sharp reaction across European defense stocks, with investors reassessing future naval contracts and long-term order visibility. The cancellation also shifted attention toward rival shipbuilder TKMS, which saw a strong upside in trading. The…

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ByteDance in Talks with Banks for $20B Offshore Loan, Bloomberg Reports Major Funding Move
📅 in about 3 hours

ByteDance in Talks with Banks for $20B Offshore Loan, Bloomberg Reports Major Funding Move

ByteDance, the parent company of TikTok, is reportedly exploring one of the biggest funding deals in the global technology sector this year. The Chinese tech giant is in early discussions with lenders for a $20 billion offshore loan, a move that could significantly strengthen its financial position as competition in artificial intelligence intensifies. The development…

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Meta Cuts 8,000 Jobs After Record $56.3B Quarter and $921M Executive Options
📅 in about 3 hours

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 
📅 in about 3 hours

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
📅 in about 2 hours

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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ASX Midday: IT Stocks Surge 5%, BrainChip -1%, Energy Sector -2%, Woodside -1% Update
📅 1 hour ago

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…

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Bajaj Auto Ltd (NSE: BAJAJ-AUTO) Hit by Ransomware Attack, Shares Down 1.81% at 9,844 INR
📅 1 hour ago

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…

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6,067 Call Contracts Signal Upside Interest in HDFC Bank Ltd as Stock Gains 1.30%
📅 1 hour ago

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. …

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