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SpaceX IPO Targets $1.75 Trillion Valuation, June 07
SpaceX IPO seeks $75B at $1.75T valuation with $150B investor demand. Mega-tech offerings could create summer market headwinds, analysts warn.
Tamil Nadu Power Cuts Spark Political Row, June 08
Tamil Nadu power cuts June 8: TNPDCL maintenance suspends electricity 9 AM–5 PM across Chennai, Coimbatore, Erode, Tiruppur, and other districts.
Microsoft Stock Falls 2.7% on AI Spending Doubts, June 08
Microsoft stock fell 2.7% to $416.67 amid analyst disagreements on AI spending returns and mixed price targets.
Shimao Group’s Hong Kong Airport Hotel Faces Bank Seizure, June 08
Shimao Group’s 1,200-room Sheraton hotel near Hong Kong Airport faces bank seizure after defaulting on a HK$4.5 billion loan.
SpaceX IPO June 12: Musk Targets $1.8 Trillion Valuation
SpaceX IPO on June 12 targets $1.8 trillion valuation. Elon Musk’s net worth could reach $1.1 trillion. S&P 500 entry expected 2028.
Newfoundland Power Restores Service After Grid Trip, June 07
Newfoundland power outage restored after Labrador Island Link trip. Most customers back online. Grid concerns rise.
Kawamura Sentenced to Life: Sapporo Court Rules on Robbery Murder, June 08
Prosecutors seek life sentence for 21-year-old Kawamura Hane in Hokkaido robbery murder case. Verdict scheduled for June 25, 2026.
House Passes War Powers Resolution Against Trump’s Iran War, June 07
House passes war powers resolution 215-208 requiring Trump to seek congressional approval for Iran military action.
Titan Rises 0.7% as Brokerages Back Jewellery Growth, June 07
Titan stock rises 0.7% to ₹4,260 as brokerages stay bullish on jewellery growth and 19% annual revenue expansion through FY30.