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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,…
Tesla Inc (TSLA) +1.04%: Jefferies Revises Down Target, Highlights SpaceX Tracking Stock Risk
Tesla Inc (TSLA) traded higher by about 1% in recent sessions in June 2026, even as Wall Street turned cautious. In a fresh note, Jefferies revised its price target lower and flagged new concerns around valuation pressure. The report also pointed to growing risks linked to SpaceX-related tracking stock sentiment and Elon Musk’s wider business…
Delhivery Shares Surge 6.5% to 52-Week High of ₹491.70, Near IPO Price Milestone
Delhivery shares hit a landmark on June 22, 2026, surging 6.5% to a fresh 52-week high of ₹491.70 on the NSE, eclipsing the prior high of ₹490 set on June 19. The move brings Delhivery shares above the ₹487 IPO issue price from May 2022, a psychologically important milestone for the stock. Over the past…
Starmer Resigns: Pound Falls 0.4% Near 2026 Low as GBP/USD Slips to $1.3181
The British pound came under fresh pressure on June 22, 2026, after Prime Minister Keir Starmer announced his resignation, triggering uncertainty across UK financial markets. Sterling fell 0.4% against the US dollar, slipping to around $1.3181 and moving close to its lowest level of the year. Investors are now assessing what a leadership change could…
Yes Bank Stock (NSE: YESBANK) Edges Lower by 0.3%, Trades at ₹25.33 in Morning Session
Yes Bank (YESBANK) opened the June 22, 2026, session on a soft note. The stock dipped 0.3% to ₹25.33 in early trade on the NSE, pulling back marginally from its previous close. The 52-week high stands at ₹25.78 and the 52-week low at ₹17.20. That range puts today’s price just 1.75% below the yearly peak….
Aurobindo Pharma (NSE: AUROPHARMA) Shares Slip Despite US FTC Approval for $250 Million Lannett Acquisition
Aurobindo Pharma shares edged lower on June 22, 2026, despite a significant regulatory win announced before market open. Aurobindo Pharma USA, a wholly-owned subsidiary, received approval from the US Federal Trade Commission to proceed with the $250 million acquisition of Lannett Company LLC on a cash-free, debt-free basis. It inclusive of normalized working capital, with…
Tencent Holdings (HKG: 0700) at 434.00 HKD Up +1.41% as WeChat AI Assistant Testing Begins
Tencent Holdings stock gained 1.41% to 434.00 HKD on June 22, 2026, driven by a concrete and timely AI catalyst. Tencent Holdings Ltd. has started testing a new AI assistant for WeChat, known as Xiaowei, making it available to a small number of users, with users able to interact via text or voice to complete…