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SpaceX Stock Extends Gains to 43% After Record $85.7 Billion Fundraising Event
SpaceX has continued its remarkable rally after making history with the world’s largest initial public offering. Investor demand remained exceptionally strong, pushing the stock 43% above its IPO price within just two trading sessions. The latest update came after the company confirmed that total IPO proceeds increased to $85.7 billion, strengthening confidence in its long-term…
IFC Funds $80M Sheraton Addis Expansion, Creates 9,400 Jobs in Ethiopia
IFC commits $80 million to MIDROC Ethiopia for Sheraton Addis refurbishment and new hotel development, generating 9,400 jobs.
BAE Systems Buys Back 25.5M Shares at 1,918p, June 15
BAE Systems completes 25.5M share buyback at 1,918p average price. Defence firm signs Japan cyber deal as markets rally.
Hong Kong High-Speed Rail Cancels 16 Trains as Severe Weather Disrupts Service, June 15
Hong Kong high-speed rail services suspended June 14-15 due to severe weather. MTR canceled 16 trains across Guangzhou, Shantou, and Zhaoqing routes.
Roku to Join Fox Corp. in $22B Deal Strengthening Streaming and Data Strategy
Fox Corp. made its biggest move yet on June 15, 2026. Fox Corporation (Nasdaq: FOXA, FOX) and Roku, Inc. (Nasdaq: ROKU) announced a definitive agreement under which Fox will acquire Roku for $160.00 per share in a combination of cash and Fox Class A common stock, valuing Roku at approximately $22 billion in enterprise value….
AT&S Shares Surge 29% After Announcing Up to €2 Billion Malaysia Investment to Capitalize on AI Boom
AT&S shares don’t usually move 29% in a single session. This one deserved it. AT&S Austria Technologie & Systemtechnik (ETR: AUS) reached formal agreements with AMD and a second unnamed leading technology company. They want to expand production capacity for high-end IC substrates for AI and high-performance computing, with total investments of €1.5 to €2.0…
ON Semiconductor Shares Jump 5% as Citi Raises Price Target to $120 and Adds Upside Catalyst Watch
ON Semiconductor shares surged nearly 5% after Citi raised its price target to $120 and placed the stock on an upside catalyst watch. The upgrade sparked renewed investor interest in the semiconductor company, which plays a key role in power and sensing technologies used across automotive, industrial, and AI-driven systems. The sharp move in ON…
Powerfleet Shares Jump 7.5% as Fiscal 2027 Revenue Guidance of Up to $490 Million Tops Expectations Despite Earnings Miss
Powerfleet Shares surged around 7.5% in trading after the company delivered a mixed earnings report but surprised investors with strong forward guidance. The company projected fiscal 2027 revenue of up to $490 million, which came in above Wall Street expectations. Despite missing current earnings estimates, the strong long-term outlook shifted market sentiment sharply in favor…
Crude Oil Companies Rally Up to 5.5% Amid Sharp Decline in Global Crude Prices
Crude oil markets are once again driving strong moves in global equities. In recent trading sessions, global crude prices witnessed a sharp decline due to easing geopolitical tensions and improving supply outlook. This triggered a positive reaction in Indian energy stocks. Among the biggest beneficiaries are India’s state-run oil marketing companies (OMCs), including Indian Oil…