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Alphabet (GOOG, GOOGL) Stock Rises Nearly 1% as Google Parent Replaces Verizon in Dow Jones Index
Google parent Alphabet moved higher by nearly 1% after Dow Jones Indices announced that the company will replace Verizon Communications in the prestigious Dow Jones Industrial Average (DJIA). The change will become effective before the opening bell on June 29, 2026, marking one of the most significant index reshuffles in recent years. Investors viewed the…
Tech Stocks Rebound: Samsung Electronics Jumps 9% as SK Hynix Gains 4% After Sharp Sell-Off
Tech Stocks across Asia bounced back sharply on Monday after investors rushed back into semiconductor shares following one of the steepest market declines seen this month. The recovery was led by South Korean chipmakers Samsung Electronics and SK Hynix, both of which posted strong gains as investors viewed the previous session’s sell-off as excessive. The…
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…
Qualcomm Inc (NASDAQ: QCOM) Loses 1.86% to $221.90 as AI Expansion Gains Momentum but Stock Faces Pressure
Qualcomm Inc (NASDAQ: QCOM) pulled back 1.86% to $221.90 on June 23, 2026, even as its AI and automotive expansion story grows more concrete by the quarter. The stock trades within a 52-week range of $121.99 to $259.92, reflecting a sharp recovery from lows but still well off its all-time closing high of $250.10 from…
Tesla Inc Shares (NASDAQ: TSLA) up +1.14% After Jefferies Lowers Target to $375 Amid SpaceX Merger Talk
Tesla Inc. shares climbed 1.14% after analysts at Jefferies lowered their price target to $375, drawing fresh attention to the company’s future growth path. The move comes as investors closely watch rising speculation about a possible Tesla-SpaceX merger, a topic that has sparked intense debate across Wall Street in June 2026. While some see major…
Vedanta Ltd (NSE: VEDL) Falls 6.67% to ₹285.45 as Promoter Twin Star May Sell ₹2,150 Crore Stake
Vedanta shares took a sharp hit on June 23, 2026, tumbling 6.67% to ₹285.45 on the NSE in early trade. Promoter entity Twin Star Holdings, which held a 40.02% stake in Vedanta as of March 2026, initiated a block deal to offload up to 6.5 crore shares at a floor price of ₹291 per share,…
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…
AbbVie to Acquire Apogee Therapeutics in $10.9 Billion Deal, Offering Nearly 50% Premium
AbbVie made a major move in the biotech sector on June 22, 2026, announcing a $10.9 billion deal to acquire Apogee Therapeutics. The transaction offers Apogee shareholders nearly a 50% premium and gives AbbVie access to a promising pipeline of immunology treatments. As competition grows in the market for inflammatory disease therapies, this acquisition could…
CRH Eyes $8 Billion Arcosa Acquisition, Potential Deal Values Target at 13.7x EBITDA
CRH made its biggest-ever acquisition official on June 22, 2026, signing a definitive agreement to acquire Arcosa, Inc. (NYSE: ACA) in an all-cash transaction. CRH will pay $150 per share in cash, with the transaction valuing Arcosa at a total enterprise value of approximately $8.5 billion, representing an acquisition multiple of 11.5x 2026E Adjusted EBITDA,…