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Fomo Raises $75 Million at $550 Million Valuation After Processing $4 Billion in Crypto Volume
Fomo closed a $75 million Series B on June 22, 2026, valuing the one-year-old crypto social trading app at $550 million. Index Ventures led the round, joined by Union Square Ventures and existing backer Benchmark. The raise brings Fomo’s total disclosed funding to approximately $94 million, following a $17 million Series A led by Benchmark…

Stock Market News: Nasdaq 100 (NQ=F) -2.8%, S&P 500 (ES=F) -1.4%, Dow Jones (YM=F) -0.5% Amid Chip Sell-Off
U.S. stock market futures fell sharply on June 23, 2026, as a broad sell-off in semiconductor shares rattled Wall Street. Nasdaq 100 futures dropped 2.8%, while S&P 500 and Dow Jones futures also moved lower. Investors are growing cautious over AI-related valuations and the outlook for interest rates. The sudden decline has raised fresh concerns…

Barclays Raises S&P 500 Target to 7,800 for 2026 and 8,800 for 2027 on Stronger Earnings Outlook
Barclays raised its S&P 500 year-end 2026 target to 7,800 on June 23, 2026. Head of US equity strategy Venu Krishna lifted the firm’s 2026 S&P 500 target from 7,650, driven by an improving earnings outlook. The index is trading at $7,456.90 today, below its all-time high of $7,616.20 reached on June 2, 2026. The…

Telecom Plus Shares Crash 30% After Warning 2027 Profits Will Be Meaningfully Lower
Telecom Plus shocked investors after warning that profits for the financial year ending March 2027 will be significantly lower than the year just reported. The market reacted sharply, sending the stock down more than 30% in early trading. The selloff came even though the Utility Warehouse owner delivered record customer numbers, higher revenue, and solid…

Syrma SGS Technology (NSE: SYRMA) Surges 3.95% After Signing Kaga Electronics JV to Build Advanced EMS Facility in India
Syrma SGS Technology shares jumped 3.95% to ₹1,388.05 on the NSE on June 23, 2026, following a strategically significant announcement. The Chennai-based electronics manufacturing services (EMS) company executed a joint venture agreement with Kaga Electronics India Private Limited to establish, develop, and operate a technologically advanced EMS manufacturing facility in India, with a dedicated focus…

Bitcoin Drops 1.2% Below $64K Amid Persistent Institutional Selling and Fed Rate Concerns
Bitcoin slipped below the $64,000 mark in late June 2026, extending a period of market uncertainty driven by institutional selling and concerns over U.S. interest rates. The world’s largest cryptocurrency has struggled to regain momentum as investors weigh the impact of Federal Reserve policy and slowing demand from major market participants. With Bitcoin approaching key…

Birla Corporation (NSE: BIRLACORPN ) Shares Jump 4% After Commercial Operations Begin at Bikram Coal Mine
Birla Corporation (NSE: BIRLACORPN) delivered a sharp 4% stock gain after officially commencing coal mining at its Bikram Coal Mine in Burhar, Shahdol, Madhya Pradesh on April 23, 2026, at 12:32 PM IST. The disclosure was filed under SEBI Regulation 30. The mine holds 9.44 million tonnes of extractable G8-grade thermal coal reserves, with a…

Bajaj Auto Ltd (NSE: BAJAJ-AUTO) Stock Live Updates: Shares Trade at ₹10,214, Up 0.23% Amid Active Market Momentum
Bajaj Auto Ltd shares remained in focus on June 23, 2026, trading at ₹10,214 and posting a modest gain of 0.23% during the session. The stock has attracted strong investor attention as the company moves ahead with its record ₹5,633 crore share buyback, one of the largest corporate actions in India’s auto sector. Combined with…

Kunal Shah’s Biggest Win Yet? Meta’s $900 Million Move Raises New Questions
Kunal Shah has entered a new phase of his career after Meta announced a $900 million investment in CRED and appointed him as the new global leader of WhatsApp. The move is one of the biggest leadership changes in the technology sector this year. It not only strengthens Meta’s presence in India but also raises…