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1936.HKHKSE
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HK$0.81
HK$0.01(1.25%)
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Meta Cuts 8,000 Jobs After Record $56.3B Quarter and $921M Executive Options
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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…

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Honasa Consumer (NSE: HONASA) Falls 4% to ₹403.50 After ₹135 Crore Fluence Pharma Deal 
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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
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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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Tata Steel Ltd NSE: TATASTEEL 191.08 INR up 1.28% Wage Revision Today: Employees’ Salary Hike 
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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…

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Samsung Electronics Shares Surge 6% After 90 Trillion Won ($58.6B) Buyback Plan Breaks
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Samsung Electronics Shares Surge 6% After 90 Trillion Won ($58.6B) Buyback Plan Breaks

Samsung Electronics triggered a market-wide rebound this morning. Yonhap News Agency reported on June 24, 2026, that Samsung Electronics plans a share buyback programme worth 90 trillion won ($58.61 billion), sending shares up more than 6% immediately. The buyback is planned in phases over three years, with purchases beginning as early as next month following…

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Gold Price Today 24 June Gold (GC=F) sinks 0.67%, dollar index rises 0.4%, selloff
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Gold Price Today 24 June Gold (GC=F) sinks 0.67%, dollar index rises 0.4%, selloff

Gold prices moved sharply lower on June 24 as gold futures (GC=F) fell 0.67% while the U.S. Dollar Index gained around 0.4%. The decline reflects growing pressure from a stronger dollar and changing expectations around Federal Reserve policy.  Gold is often seen as a safe-haven asset, but recent market signals have pushed investors toward the…

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New Zealand shares -0.26% S&P/NZX 50 Index, Nvidia -4%, AMD -6% Nasdaq Composite -2%, S&P 500 -1%
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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…

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

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