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SpaceX Acquires Cursor for $60 Billion in All-Stock Deal, June 17
SpaceX to acquire AI coding platform Cursor for $60 billion in all-stock deal. Transaction expected to close in Q3 2026, pending regulatory approval.
SpaceX Buys Cursor for $60 Billion in Stock Deal, June 17
SpaceX acquires Cursor for $60 billion in stock to strengthen AI coding division. Deal closes Q3 2026. SpaceX shares up 16% on announcement.
Coforge Shares Rise as Company Targets $5 Billion Revenue by FY2030, Analysts Focus on AI Execution Plans
Coforge shares are back in focus after the company laid out an ambitious long-term roadmap. The IT services firm is targeting $5 billion in revenue by FY2030, and the market is reacting with renewed interest. We are seeing a clear shift in sentiment. Investors are no longer just reacting to quarterly results. They are now…
Rivian Cuts 2% of Workforce After R2 Launch, Stock Falls 5%
Rivian lays off less than 2% of workforce affecting service and customer teams. Stock falls 5% as company pushes toward profitability after R2 launch.
Sona BLW Shares Rise 2% to ₹609.45 After Board Approves ₹63 Crore Capex for Robotics Components Business
Sona BLW Precision Forgings, widely known as Sona Comstar, drew investor attention after its board approved a ₹63 crore capital expenditure plan to expand into robotics components manufacturing. Following the announcement, the company’s shares climbed nearly 2% to ₹609.45, reflecting growing market confidence in its diversification strategy. As industries worldwide accelerate automation and robotics adoption,…
Yes Bank Shares Hit 52-Week High at ₹25.16, Surge 5.3% on Northern Arc Capital Partnership
Yes Bank shares witnessed strong buying interest in the stock market today as investor confidence improved after a key strategic update in its digital lending business. The stock touched a fresh 52-week high, supported by rising optimism around new partnerships and business expansion plans. The move reflects renewed trust in the bank’s retail credit growth…
Asian Stocks 0.8% Rise as Nikkei Nears Record Highs Ahead of Federal Reserve Interest Rate Decision
Asian stocks climbed about 0.8% on June 17, 2026, as investors looked ahead to the U.S. Federal Reserve’s latest interest rate decision. Japan’s Nikkei 225 moved closer to record highs, supported by strong technology shares and improving market sentiment. Traders across the region are watching for signals on future U.S. rate cuts and their impact…
Judge Upholds Hannah Dugan Conviction for Helping Immigrant Evade ICE, June 17
Federal judge upholds Hannah Dugan’s obstruction conviction for helping undocumented immigrant evade ICE agents in Milwaukee courthouse.
Cursor AI Lands Landmark $60 Billion SpaceX Partnership Amid AI Developer Tool Boom
Cursor AI has become the center of one of the biggest artificial intelligence deals of 2026. SpaceX announced that it will acquire Anysphere, the company behind Cursor AI, in a $60 billion all-stock transaction. The move highlights the rapid growth of AI developer tools, which have become one of the fastest-growing software categories for enterprise…