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Nvidia AI Chip Demand in China Sends Black Market Prices Soaring Over 100%
China’s race to build artificial intelligence models is creating an unexpected market boom for restricted chips. The NVIDIA AI Chip has become one of the most sought-after technology products in China, with some high-end systems now selling for more than double their original prices. Rising AI demand, tighter export controls, and shrinking supply routes have…
MicroStrategy Buys 520 Bitcoin for $34.9 Million as Bitcoin Falls 2.56%
Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, acquired 520 Bitcoin between June 15 and June 21 for approximately $34.9 million, paying an average price of $67,068 per BTC. Bitcoin itself traded at approximately $64,592 on June 23, down 2.56% in 24 hours. This marked Strategy’s third consecutive weekly purchase. The timing is notable: the company…
Voltas Ltd (NSE: VOLTAS) Falls 1.87% to ₹1,328.70 as Company Sells 1 Million AC Units in Q1 FY27
Voltas achieved a major milestone in the first quarter of FY27, selling more than 1 million air conditioners in record time. The announcement came in June 2026, highlighting strong demand for cooling products across India despite a competitive market. Yet, the company’s share price slipped 1.87% to ₹1,328.70, raising questions among investors. Why did the…
Robinhood (NASDAQ: HOOD) Shares Slide 4% After Unveiling $2 Billion Convertible Notes Offering Due 2029
Robinhood shares dropped roughly 4% on June 22, 2026, after the company announced a major capital raise before market open. Robinhood Markets, Inc. (NASDAQ: HOOD) intends to offer $2.0 billion in convertible senior notes due 2029 in a private placement to qualified institutional buyers under Rule 144A. Shares traded at $108.15 on June 22, within…
Tesla Inc (TSLA) +1.04%: Jefferies Revises Down Target, Highlights SpaceX Tracking Stock Risk
Tesla Inc (TSLA) traded higher by about 1% in recent sessions in June 2026, even as Wall Street turned cautious. In a fresh note, Jefferies revised its price target lower and flagged new concerns around valuation pressure. The report also pointed to growing risks linked to SpaceX-related tracking stock sentiment and Elon Musk’s wider business…
Huawei’s CloudMatrix Cluster Achieves 30% Utilization After Training DeepSeek’s 1.6-Trillion-Parameter AI Model
Huawei’s AI ambitions reached a new milestone in June 2026 when reports revealed that its CloudMatrix cluster achieved 30% utilization while post-training DeepSeek V4-Pro, a massive 1.6-trillion-parameter AI model. The achievement highlights the growing capabilities of Huawei’s Ascend chip ecosystem at a time when global competition in artificial intelligence infrastructure is intensifying. As China pushes…
Yes Bank Stock (NSE: YESBANK) Edges Lower by 0.3%, Trades at ₹25.33 in Morning Session
Yes Bank (YESBANK) opened the June 22, 2026, session on a soft note. The stock dipped 0.3% to ₹25.33 in early trade on the NSE, pulling back marginally from its previous close. The 52-week high stands at ₹25.78 and the 52-week low at ₹17.20. That range puts today’s price just 1.75% below the yearly peak….
Australian Stocks Slip 0.14%; Perenti Global Gains 4.8% While WiseTech Leads Decliners with 17% Drop
Monday, June 22, 2026 handed Australian stocks a difficult start to the week. The S&P/ASX 200 slipped 0.15% by midday. It recovering from an early 0.5% drop as investors reacted to fresh Middle East developments, including claims that the Strait of Hormuz had been shut again. US Vice President JD Vance arrived in Switzerland for…
Tencent Holdings (HKG: 0700) at 434.00 HKD Up +1.41% as WeChat AI Assistant Testing Begins
Tencent Holdings stock gained 1.41% to 434.00 HKD on June 22, 2026, driven by a concrete and timely AI catalyst. Tencent Holdings Ltd. has started testing a new AI assistant for WeChat, known as Xiaowei, making it available to a small number of users, with users able to interact via text or voice to complete…