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Elon Musk Loses Trillionaire Status as Tesla and SpaceX Valuations Fall
As of June 2026, Elon Musk is no longer a trillionaire after falling valuations at Tesla and SpaceX (SPCX) stock erased billions from his estimated fortune. The sharp decline came as technology stocks faced renewed selling pressure and investors pulled back from high-growth companies. Even after the setback, Musk remains the world’s richest person, showing…
S&P 500, Dow Futures Rise Despite Big Tech Losses and Hot Inflation; AAPL, MSFT, BABA in Focus
U.S. stock market futures edged higher on June 27, 2026, even as major technology stocks faced renewed selling pressure and fresh inflation data came in hotter-than-expected. The surprising market resilience has shifted investors’ attention to whether the broader rally can continue despite concerns over interest rates. At the center of the action are Apple (AAPL),…
Volkswagen (ETR: VOW3) Shares Rise 2.4% as Everllence Deal Promises €7.4B Proceeds
Volkswagen Group (ETR: VOW3) gave markets a clean catalyst on June 25, 2026. The Volkswagen Group entered into an exclusive arrangement with Bain Capital for the sale of its majority stake in Everllence 51% of the shares are to be transferred. The leveraged buyout transaction generates proceeds of approximately €7.4 billion for Volkswagen. Volkswagen intends…
NVDA Stock Rises 0.8% in Early Market as AEGON Asset Management UK Plc Sells 176,898 Shares of NVIDIA Corporation
NVDA stock opened with quiet resilience on June 25, 2026, rising approximately 0.8% in early trading. NVIDIA’s opening price was $202.17, with the day’s range spanning $200.00 to $203.77. The modest gain came alongside a disclosed institutional trim. AEGON Asset Management UK Plc lessened its position in NVIDIA Corporation (NASDAQ: NVDA) by 5.6% in the…
Trip.com (HK:9961) Shares Fall 10.6% to HK$31.60 as Q1 Profit Drops to ¥2.5B
Trip.com Group (HK: 9961 | NASDAQ: TCOM) had a rough start to June 25, 2026. The Hong Kong-listed stock dropped 10.6% to HK$31.60, reaching its lowest level since August 2024. The selloff came after the company reported a sharp decline in first-quarter profit and issued significantly weaker-than-expected Q2 revenue guidance. Revenue growth wasn’t enough to…
Liontrust (LON: LIO) Shares Jump 12% as Operating Margin Beats Forecast at 24%
Introduction Liontrust Asset Management (LON: LIO) delivered one of its strongest single-session moves in years on June 24, 2026. Liontrust stock surged 12.4% to reach 330.4p after the independent fund manager published its annual results for the financial year ended March 31, 2026, delivering an adjusted operating margin of 24% ahead of the analyst consensus…
MCX Gold Price Drops 0.37%, Silver Slides 1.07% Amid Rising US Fed Rate Hike Expectations
On June 25, 2026, MCX Gold futures faced fresh selling pressure as hawkish US Federal Reserve signals rattled bullion markets. Gold futures (August contract) on the Multi-Commodity Exchange opened at Rs 1,45,000 per 10 grams, down Rs 1,528 or 1.04% from the previous close of Rs 1,46,529. Silver followed suit, deepening losses from the prior…
Nike Inc (NYSE: NKE) Stock Drops Ahead of Q4 Earnings as Surprise CFO Change Raises Turnaround Questions
Nike Inc chose the worst possible timing for a leadership change. Nike Inc (NYSE: NKE) announced on June 23, 2026, that CFO Matthew Friend will step down effective August 17, to be replaced by David M. Denton as incoming Chief Financial Officer. NKE traded near $45.20 as of June 15, already 44% below its 52-week…
New Zealand shares -0.26% S&P/NZX 50 Index, Nvidia -4%, AMD -6% Nasdaq Composite -2%, S&P 500 -1%
Global markets faced fresh pressure on June 24, 2026, as a sharp selloff in semiconductor stocks rattled investor sentiment. NVIDIA fell around 4%, while AMD dropped nearly 6%, dragging the Nasdaq Composite down about 2% and the S&P 500 lower by 1%. The weakness also spread to Asia, with New Zealand’s S&P/NZX 50 Index slipping…