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TELUS Stock Falls 0.8% as Dividend Yield Attracts Income Investors, June 09
TELUS stock at C$17.04 offers 9.8% dividend yield with C$20.27 analyst target. Meyka rates B- citing high debt concerns.
Ambani’s Reliance Invests in Trump-Backed Texas Refinery, June 09
Reliance Industries invests in Texas refinery startup backed by Trump Jr., strengthening U.S.-India business ties.
United Natural Foods Stock Plunges 11% After $7.72B Revenue Miss and Weak FY2026 Outlook
Revenue came in. The stock came down. United Natural Foods (NYSE: UNFI) reported fiscal Q3 2026 results before the market open on June 9, 2026, covering the 13 weeks ended May 2, 2026. Wall Street had set the bar at $7.80 billion in revenue and $0.77 EPS, based on consensus estimates from 10 analysts. The…
China Plans $295 Billion AI Infrastructure Push with 2 Trillion Yuan Data Center Investment
China is preparing a massive artificial intelligence infrastructure expansion worth nearly $295 billion, marking one of the largest AI investments ever announced. Reports on June 9, 2026, revealed plans to invest 2 trillion yuan in a nationwide network of data centers and computing hubs. The move highlights Beijing’s growing focus on AI leadership and technology…
Bank of England Gilt Sales Cost UK Taxpayers £36bn Over Four Years, Deutsche Bank Reports
The Bank of England is facing renewed attention after a report from Deutsche Bank estimated that its gilt sales and bond portfolio reduction program could cost UK taxpayers approximately £36 billion over four years. The findings have sparked debate among economists, policymakers, and investors about the financial impact of quantitative tightening and its effect on…
Trump’s Proposed $100,000 H-1B Visa Fee Struck Down; What It Means for Indian Professionals
A major development in U.S. immigration policy has brought relief to thousands of skilled foreign workers and employers. A federal judge has struck down former President Donald Trump’s proposed $100,000 H-1B Visa fee, ruling that the administration lacked the legal authority to impose such a charge without approval from Congress. The ruling came from U.S….
JSW Steel Rises 1% After Reporting 15% YoY Growth in Steel Production
JSW Steel started June 2026 on a strong note after reporting a 15% year-on-year rise in crude steel production for May. The company produced 22.93 lakh tonnes during the month, reflecting robust operational performance across its key facilities. The update helped lift investor sentiment, pushing the stock higher in early trading. As India’s steel demand…
German Military Analyst Carlo Masala Warns on NATO Readiness, June 09
German military expert Carlo Masala warns Bundeswehr faces recruitment and equipment challenges amid NATO tensions with Russia on eastern border.
Dassault Aviation Gains on Rafale Orders, June 09
Dassault Aviation gains on Rafale fighter jet orders from Egypt, India, and UAE as defense spending surges. Stock up 1.5% to $22.99.