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Prosus (AMS: PRX) Reports 84% Surge in Full-Year Core Profit as Adjusted EBITDA Climbs to $1.3 Billion
Prosus delivered a landmark set of results for its financial year ended March 31, 2026. The financial year ended March 2026 marked a milestone for Prosus: it delivered on its ambitious targets. This generate over $7.3 billion in revenue and $1.1 billion in Ecosystem adjusted EBITDA, with every one of its ecosystems now profitable and…
Baidu (NASDAQ: BIDU) Shares Surge 7% After Report Says AI Chip Unit Kunlunxin Targets $50 Billion Valuation in Hong Kong IPO
Baidu shares surged nearly 7% on June 29, 2026, after reports revealed that its AI chip subsidiary, Kunlunxin, is targeting a Hong Kong IPO with a valuation of up to $50 billion. The news has sparked strong investor interest and renewed attention on China’s rapidly expanding AI semiconductor sector. As competition in artificial intelligence intensifies…
German AI Push Could Unlock €300 Billion in Economic Gains as Companies Battle Growing Worker Shortages
Germany’s labor shortage is becoming a major economic challenge in 2026. With hundreds of thousands more workers retiring each year than entering the workforce, businesses are struggling to fill critical roles across manufacturing, engineering, healthcare, and technology sectors. At the same time, artificial intelligence is gaining momentum as a practical solution. Experts estimate that wider…
Crypto Prices Today: Bitcoin Climbs to $59,994 and Ethereum Tops $1,580 as US-Iran Tensions and ETF Outflows Shake Markets
Bitcoin climbed close to the $60,000 mark while Ethereum moved above $1,580 in late June 2026, drawing renewed attention from crypto investors worldwide. The gains came despite continued outflows from U.S. spot Bitcoin ETFs and rising concerns over tensions between the United States and Iran. These competing forces have created a highly uncertain market environment….
Turtlemint Fintech Solutions IPO Listing: Share Price Debuts at ₹134.90 on NSE, Falls 11% as Stock Crashes on Debut
Turtlemint Fintech Solutions made a weak Dalal Street entry on June 29, 2026. Shares settled at ₹134.90 on the NSE, a discount of 11.25% over the issue price of ₹152. On BSE, the stock opened at ₹136.20, down 10.39% from the same issue price. The muted debut came as no surprise. Grey market premiums had…
Persistent Systems Share Price Falls 9% to Hit 52-Week Low of ₹4,404; Stock Under Pressure After IT Selloff
Persistent Systems shares came under heavy selling pressure after falling nearly 9% to a 52-week low of ₹4,404 in late June 2026. The sharp decline reflects growing concerns across the Indian IT sector, where several technology stocks have been hit by weak investor sentiment and fears of slower global spending. With the stock now trading…
GOOG Stock Today: Alphabet Inc. Class C Drops 2.19% Despite TrueMark Investments LLC’s New Investment
GOOG stock faced fresh selling pressure on June 28, 2026, even as institutional interest stayed intact. TrueMark Investments LLC purchased a brand-new position in Alphabet Inc. Class C during Q1 2026, filing its disclosure via Form 13F with the SEC. GOOG opened the session at $340.98 on June 29, trading in a range of $333.69…
HDFC AMC to Report June Quarter Results on This Date; Key Details Inside
HDFC Asset Management Company (HDFCAMC) is gearing up to report its June quarter (Q1 FY27) results in July 2026. HDFC AMC’s board approved Q4 FY26 results on April 16, 2026. Following this pattern, the Q1 FY27 board meeting is expected in mid-to-late July 2026. For FY26, net profit rose 16.17% to ₹2,858.06 crore, while sales…
H&M Increases Margins Despite Weak European Demand
H&M delivered a mixed set of second-quarter results for fiscal 2026. Sales remained under pressure as shoppers across Europe spent less because of inflation and higher living costs. Even so, the fashion retailer improved its profitability through better cost control, lower inventory levels, and reduced discounting. While revenue growth stayed weak, the stronger margin performance…