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KRX Stock Market Today: KOSPI Drops 2% as Samsung Electronics Falls 5% & SK Hynix Slips 3% Ahead of $1.3 Trillion AI Investment Plan
South Korea’s stock market faced sharp pressure on June 29, 2026, as the KOSPI index fell nearly 2%, led by a 5% drop in Samsung Electronics and a 3% decline in SK Hynix. The sell-off came just as the country unveiled an ambitious $1.3 trillion AI and semiconductor investment strategy. While the long-term outlook remains…
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…
Samsung Unveils $648 Billion AI Investment Plan to Power South Korea’s Future
Samsung Group is making history on June 26, 2026. Samsung Group plans on Monday, June 29, to pledge investment of 1,000 trillion won ($648 billion) in South Korea over 10 years, part of an initiative that aims to turn the country’s AI boom into a nationwide growth engine. Top executives from Samsung Electronics and SK…
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),…
IBM Shares Waver After Unveiling Fingernail-Sized AI Chip
IBM drew global attention on June 25, 2026, after unveiling a fingernail-sized AI chip designed to deliver faster computing while using less power. The breakthrough marks another step in the race to build more efficient AI hardware. Yet the company’s shares showed mixed movement as investors looked beyond the innovation and focused on its commercial…
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…
Dutch Court Clears Class-Action Suit Against Sony Over PlayStation Store Pricing
Sony Group Corporation (NYSE: SONY) faces a major legal challenge in Europe. A court in the Netherlands validated a class-action claim against Sony over prices for PlayStation games and will take up the lawsuit from June 29. Stichting Massaschade & Consument was authorized to represent around 1.7 million PlayStation players in the country. The group…
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…
Amazon Pledges Additional $13B India AI Investment by 2030
Amazon (NASDAQ: AMZN) made a landmark commitment to India on June 25, 2026. Amazon CEO Andy Jassy met Prime Minister Narendra Modi in New Delhi and announced plans to invest an additional $13 billion to expand AI and cloud infrastructure in India. The new commitment brings Amazon’s total planned investment in India to $48 billion…