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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.
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.
NatWest Boss Warns AI Will Replace Some Banking Jobs, June 19
NatWest CEO Paul Thwaite warns AI will replace some banking jobs as the 60,000-strong workforce faces inevitable change.
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.
Portugal Drops to 40th in Global Competitiveness, June 19
Portugal drops to 40th in IMD World Competitiveness Ranking as business efficiency and government effectiveness weaken significantly.
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.
SpaceX Soars Past Amazon as Michael Burry Questions Valuation, June 19
SpaceX stock surged 50% post-IPO to $2.66T market cap. Michael Burry questions valuation; Oppenheimer targets $250. Analyst consensus remains bullish.
UK Supreme Court Rules Against Gerko in £22.5M Tax Dispute, June 18
UK Supreme Court rules against billionaire trader Alex Gerko in £22.5M tax dispute over fund structure and income tax classification.