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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…
Omaxe (NSE: OMAXE) Shares Surge 20% After Unveiling Hospitality Vertical With ₹6,200 Crore Investment Plan
Omaxe (OMAXENS) delivered the biggest intraday move on the NSE on June 29, 2026. Shares of real estate developer Omaxe skyrocketed 20% after the company announced its dedicated hospitality business division with plans to develop around 19 hotels spread over nearly 5 million square feet across five states in the next four to five years….
Samsung Electronics and SK Hynix to Build Four New Chip Fabs Under South Korea’s ₩800 Trillion Semiconductor Mega Project
South Korea is pushing one of the biggest semiconductor expansion plans in the world, worth about ₩800 trillion, or nearly $520 billion. The plan focuses on strengthening chip manufacturing, AI memory production, and advanced semiconductor supply chains. At the center of this move are Samsung Electronics and SK Hynix, two global leaders in memory chips….
REC Ltd Share Price Today: REC Ltd Rises 0.37% to ₹366 as PFC–REC Merger Approved, Share Swap Ratio Set at 88:100 with PFC
REC Ltd shares traded around ₹366 on June 29, 2026, gaining 0.37% after a major development in India’s power finance sector. The boards of REC and PFC approved their long-awaited merger, setting a share swap ratio of 88 PFC shares for every 100 REC shares. The move is expected to create a financing giant with…
OpenAI Reportedly Pushes IPO to 2027, Focuses on $1 Trillion Valuation
OpenAI is stepping back from its aggressive 2026 IPO timeline. The ChatGPT maker is leaning toward a 2027 IPO, later than earlier expectations of a possible 2026 listing, according to the New York Times. CEO Sam Altman pushed advisers to secure a $1 trillion valuation at listing. That target is a steep climb from its…
Apple Price Hike: Updated Prices of MacBook Neo, iPads, Mac mini M4, and HomePod
Apple (AAPL) implemented its largest mid-cycle hardware price hike in recent history on June 25, 2026, catching the market off guard. The MacBook Neo now starts at $699, while the M5 MacBook Air begins at $1,299. The HomePod mini rose to $129 from $99, the HomePod climbed to $349, the iPad Air jumped to $749…
Apple, Microsoft Raise Prices As Rising Chip Costs Pressure Tech Industry
The global technology industry is entering a new pricing cycle. Apple and Microsoft have announced higher prices for several products as memory and storage chip costs continue to surge. The rapid expansion of artificial intelligence infrastructure has pushed demand for advanced semiconductors to record levels, leaving consumer electronics companies with higher production costs. For investors,…
Kospi Slumps as SoftBank Selloff Hits Asian Markets
Asian stock markets came under heavy pressure on June 26, 2026, as a sharp selloff in SoftBank shares triggered fresh concerns across the technology sector. South Korea’s Kospi also fell, with chip giants leading the losses as investors pulled back from AI-related stocks after months of strong gains. The market reaction highlights growing caution over…
European Stocks Rise as STOXX 600 Gains 0.7% on Oil and Tech Relief
European stocks moved higher on June 25, 2026, with the STOXX 600 index gaining 0.7% as falling oil prices and renewed strength in technology shares boosted investor confidence. The rally came after several volatile trading sessions that had pressured global markets. Lower energy costs helped ease inflation concerns, while optimism around artificial intelligence and semiconductor…