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Dow Jones Crosses 52,000 for the First Time as Alphabet’s Strong Debut Fuels Tech, Led Rally
The Dow Jones reached a historic milestone after closing above 52,000 for the first time, reflecting renewed confidence in the US stock market. A strong earnings-driven rally in major technology stocks, especially Alphabet, lifted investor sentiment and pushed Wall Street to fresh record highs. Strong corporate earnings, continued optimism around artificial intelligence, and expectations of…
Wix-Owned Base44 Unveils Its Own AI Model to Improve App Creation and Reduce Dependence on External LLMs
Base44 has become the first app-creation platform to deploy its own large language model in production. The Wix-owned company announced its proprietary model, Base 1, on June 29, 2026, now actively serving users on the platform. Until now, Base44 relied on foundation models from OpenAI and Anthropic to power its natural-language app-building experience. Wix acquired…
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…
Ford Recalls Over 741,000 Vehicles in the US Due to Park System Issue, NHTSA Says
Ford Motor Company issued a major safety recall on June 30, 2026. The automaker is recalling more than 741,000 vehicles across the United States due to a park system defect. NHTSA flagged the issue after determining affected vehicles may fail to lock securely into the park position. This is Ford’s latest in a string of…
Tech Stocks Recover Across Asia After Nasdaq’s 2% Surge, but Regional Markets Remain Cautious
The Nasdaq Composite surged more than 2% on June 29, 2026, giving global tech stocks a much-needed boost after weeks of market volatility. The rally quickly spread to Asia, where chipmakers and AI-related companies led early gains in Japan, South Korea, and Taiwan. Yet investors are still moving carefully. Concerns about high valuations, geopolitical tensions,…
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…
Bajaj Auto Sets July 1 Launch for ₹5,632.8 Crore Share Buyback at ₹12,000 Per Share
Bajaj Auto is back in focus after announcing a large value share buyback that is expected to attract strong investor attention. The company has fixed July 1 as the opening date for its ₹5,632.8 crore buyback program at a price of ₹12,000 per share. The move signals strong cash reserves and confidence in long-term value…
KEC International (NSE: KEC) Shares Jump Nearly 7% After Securing New Orders Worth ₹1,754 Crore Across Businesses
KEC International (NSE: KEC) shares surged nearly 7% on June 30, 2026, after a major order win announcement. KEC International Ltd., a global infrastructure EPC major and an RPG Group company, secured new orders of Rs 1,754 crore across various businesses, including significant high-voltage transmission line tower supplies in the Americas. With these wins, the…
Morrisons Stores: Supermarket Confirms 100 Closures Across the UK
Morrisons stores are facing a major shake-up across the UK. Morrisons confirmed location names for its first wave of store closures, due to take place throughout the year, as part of a wider restructuring that will close 100 supermarkets for good. The majority of stores being shut down are the retailer’s smaller Morrisons Daily branches….