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Vimeo Owner Bending Spoons Prices $1.68 Billion IPO Above Range Ahead of U.S. Market Debut
Bending Spoons has made a strong entrance into the U.S. public market by pricing its initial public offering above the expected range on July 1, 2026. The Italian software company raised $1.68 billion, signaling robust investor demand despite a cautious IPO environment. Known for acquiring well-known digital platforms like Vimeo, the company is drawing global…

AlzeCure Shares Soar 71% to Highest Since 2022 on $2.2 Billion Alzheimer’s Drug Licensing Deal
AlzeCure shares surged 71% on June 30, 2026, reaching their highest level since early 2022 after the Swedish biotech company announced an Alzheimer’s drug licensing agreement valued at more than $2.2 billion, excluding royalties. The deal gives global development and commercialization rights to its lead candidate, ACD856, and marks a major milestone for the company….

Tata Elxsi (NSE: TATAELXSI) and Tata Technologies Shares Fall Up to 6% as KPIT’s Weak Q1FY27 Outlook Weighs on Sentiment
On July 1, 2026, shares of Tata Elxsi and Tata Technologies dropped by up to 6% after KPIT Technologies issued a weaker-than-expected business outlook for Q1FY27. The update raised fresh concerns about slowing demand in the global automotive technology sector, especially from European carmakers. Although the Tata companies made no negative announcements of their own,…

KPIT Technologies Share Price Slides 15% to ₹570 After Weak Q1 FY27 Business Update
KPIT Technologies shares crashed to a fresh 52-week low on July 1, 2026. The stock hit ₹570.75 on the BSE, a 15% intraday decline from the previous session close of ₹671.45 after the Pune-based automotive software company issued a profit warning late on June 30, 2026. KPIT flagged a sudden revenue shortfall in Q1 FY27…

Zee Media Share Price Rises 1% After ₹19.12 Crore Fundraise; FII Upps Stake to 3.33% via Warrant Conversion
Zee Media’s shares rose nearly 1% after the company announced a fresh capital infusion of ₹19.12 crore through warrant conversion. The move also pushed Foreign Institutional Investor (FII) ownership to 3.33%, highlighting growing institutional interest in the media company. The development comes as investors look for signs of recovery and stronger financial positioning in India’s…

Alphabet Enters the Dow as Digital Economy Shift Accelerates, Sending GOOGL Shares Up 4.82% to $353.65
Alphabet Inc. (NASDAQ: GOOGL) shares surged 4.82% to $353.65 as the Google parent officially joined the Dow Jones Industrial Average on June 29, 2026. Alphabet replaced Verizon Communications Inc. (NYSE: VZ) effective before the opening of trading that day. S&P Dow Jones Indices first announced the swap on June 23, 2026. The change marks the…

Apple Inc News: 5 Billion Devices Affected by AirDrop and Quick Share Security Flaw
Apple Inc (NASDAQ: AAPL) faces fresh scrutiny after researchers disclosed major proximity-sharing vulnerabilities on June 30, 2026. Six AirDrop and Quick Share vulnerabilities span iOS, macOS, Android, and Windows, affecting protocols on over five billion active devices. Researchers at the CISPA Helmholtz Center for Information Security examined both systems and uncovered the flaws. Apple, Google,…

Abivax Shares Soar 27% After Ulcerative Colitis Drug Shows Strong Results in Hard-to-Treat Patients
Abivax shares surged sharply after new clinical trial results for its ulcerative colitis treatment, obefazimod, showed strong performance in patients who previously failed standard therapies. The stock reaction reflects renewed investor confidence in the biotech pipeline and growing hopes for a breakthrough therapy in a difficult disease area. The move also comes at a time…

ICICI Bank (NSE: ICICIBANK) Shares Slip Below ₹1,380 Despite Record ₹50,000 Crore Annual Profit and Bullish Analyst Outlook
ICICI Bank has remained in focus in the Indian stock market after a mixed reaction from investors. Even after reporting a strong financial performance with record annual profit numbers, the stock came under selling pressure and slipped below the ₹1,380 mark on the NSE. The movement has surprised many retail investors because the overall business…