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Accenture Stock Plunges 18% on Weak Guidance, June 20
Accenture stock falls 18% to lowest level since 2017 after cutting revenue guidance to 4% growth amid AI and geopolitical concerns.
Vegas Casino Stocks Face Regulatory Headwinds as Online Gambling Stalls
Texas online gambling stalls until 2027 amid regulatory delays. SkyCity resolves Adelaide compliance issues. Casino stocks face sector headwinds.
SpaceX Stock Falls 6.5% as Post-IPO Rally Cools, June 20
SpaceX stock falls 6.5% to $178.50 after post-IPO rally fizzles amid valuation concerns and profit-taking.
SpaceX Stock Falls to $185 After Cursor Deal, June 19
SpaceX stock falls to $185 after Cursor acquisition. Down from $212 peak but 37% above IPO price. Morningstar fair value estimate: $62.
Accenture Stock Crashes 18.9% on Weak Guidance, June 19
Accenture stock plunged 18.9% after cutting fiscal 2026 revenue guidance to 3-4% from 3-5%, missing analyst forecasts and sparking IT sector selloff.
Trump’s Budget Office Redirects $352M Secret Service Funds for Ballroom, June 19
Trump administration redirects $352M in Secret Service funds to White House ballroom construction, with project cost now estimated at $600M.
Yatra Online Shares Jump 6% to ₹117.80 on Reports of Potential 15 to 20% Stake Purchase in Ixigo
The rally in Yatra Online shares grabbed investors’ attention after reports suggested that Ixigo could acquire a 15% to 20% promoter stake in the online travel company. The market viewed the development as a possible step toward consolidation in India’s fast-growing online travel industry. The stock climbed to ₹117.80, gaining nearly 6% during Friday’s trade,…
Brookfield Sells Multiplex to Japan’s Obayashi for $924M, June 19
Brookfield sells Multiplex to Japan’s Obayashi for $924M AUD. Deal includes $530M cash upfront plus performance-based earn-out. Closure expected by…
SpaceX Stock Falls 8% as Post-IPO Rally Loses Steam, June 19
SpaceX stock falls 8% as post-IPO rally ends. Market cap drops to $2.5T. Fed rate hike signals and overvaluation concerns cited by analysts.