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Rheinmetall Sinks 16% as Germany Scraps €12.8B F126 Frigate Program 
📅 in about 2 hours

Rheinmetall Sinks 16% as Germany Scraps €12.8B F126 Frigate Program 

Rheinmetall (ETR: RHM) suffered its worst single-day drop ever on June 24, 2026, falling as much as 16% intraday before stabilizing around –13% by 09:06 GMT. Germany’s defence ministry scrapped the delayed F126 frigate program, eliminating a €12.8 billion contract that Rheinmetall had been set to lead. TKMS shares surged 9.8% in response, marking the…

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SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom
📅 in about 2 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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Crypto Prices Today: Bitcoin Near $62,557, ETH Below $1,800 After Nasdaq Rout
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Crypto Prices Today: Bitcoin Near $62,557, ETH Below $1,800 After Nasdaq Rout

Crypto markets extended their decline on June 24 as investors reduced exposure to risk assets following a sharp selloff in technology stocks. Bitcoin traded near $62,557, while Ethereum remained below the key $1,800 level, reflecting broader weakness across digital assets. The latest drop came as the Nasdaq suffered one of its biggest declines in weeks,…

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Meta Cuts 8,000 Jobs After Record $56.3B Quarter and $921M Executive Options
📅 in about 1 hour

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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Segro Rejects £12.6bn Prologis Takeover Approach as US Rival Bid Stalls for FTSE Warehouse Firm
📅 13 minutes ago

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

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%
📅 3 hours ago

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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Liotech Industries Share Price Debuts 20% Down at ₹257 Against ₹321 IPO Price
📅 3 hours ago

Liotech Industries Share Price Debuts 20% Down at ₹257 Against ₹321 IPO Price

Liotech Industries made a weak stock market debut on June 24, 2026, as its shares listed at ₹257 on the BSE SME platform, nearly 20% below the IPO price of ₹321. The disappointing start came despite the issue receiving moderate investor interest during the subscription period.  The sharp decline has raised concerns about valuations and…

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Nvidia AI Chip Demand in China Sends Black Market Prices Soaring Over 100%
📅 5 hours ago

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…

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