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Anthropic’s Mythos AI Finds Vulnerabilities in Classified U.S. Systems During Project Glasswing
Anthropic’s Mythos is at the centre of a national security storm on June 24, 2026. The company’s Mythos model identified vulnerabilities in highly sensitive US government computer systems during an authorized testing exercise under Project Glasswing, a restricted program designed to find and fix critical software flaws before attackers could exploit them. Senator Mark Warner,…
SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom
On June 24, 2026, SK Hynix announced plans for a massive $29.4 billion Nasdaq listing, marking one of the biggest overseas fundraising efforts by a South Korean company. The move comes as demand for AI-focused memory chips continues to soar worldwide. As a leading supplier of high-bandwidth memory (HBM) used in advanced AI systems, SK…
Meta Cuts 8,000 Jobs After Record $56.3B Quarter and $921M Executive Options
Meta entered 2026 with strong momentum. The company reported a record $56.3 billion in quarterly revenue and billions in profit, showing the strength of its advertising business. Yet, in a surprising move, Meta announced plans to cut around 8,000 jobs while increasing its focus on artificial intelligence. The decision has drawn even more attention because…
Gold Price Today 24 June Gold (GC=F) sinks 0.67%, dollar index rises 0.4%, selloff
Gold prices moved sharply lower on June 24 as gold futures (GC=F) fell 0.67% while the U.S. Dollar Index gained around 0.4%. The decline reflects growing pressure from a stronger dollar and changing expectations around Federal Reserve policy. Gold is often seen as a safe-haven asset, but recent market signals have pushed investors toward the…
Alphabet (GOOG, GOOGL) Stock Rises Nearly 1% as Google Parent Replaces Verizon in Dow Jones Index
Google parent Alphabet moved higher by nearly 1% after Dow Jones Indices announced that the company will replace Verizon Communications in the prestigious Dow Jones Industrial Average (DJIA). The change will become effective before the opening bell on June 29, 2026, marking one of the most significant index reshuffles in recent years. Investors viewed the…
Tech Stocks Rebound: Samsung Electronics Jumps 9% as SK Hynix Gains 4% After Sharp Sell-Off
Tech Stocks across Asia bounced back sharply on Monday after investors rushed back into semiconductor shares following one of the steepest market declines seen this month. The recovery was led by South Korean chipmakers Samsung Electronics and SK Hynix, both of which posted strong gains as investors viewed the previous session’s sell-off as excessive. The…
Barclays Raises S&P 500 Target to 7,800 for 2026 and 8,800 for 2027 on Stronger Earnings Outlook
Barclays raised its S&P 500 year-end 2026 target to 7,800 on June 23, 2026. Head of US equity strategy Venu Krishna lifted the firm’s 2026 S&P 500 target from 7,650, driven by an improving earnings outlook. The index is trading at $7,456.90 today, below its all-time high of $7,616.20 reached on June 2, 2026. The…
South Korea’s KOSPI Plunges Over 5% as Investors Take Profits After AI-Fueled Semiconductor Rally
The South Korean stock market saw a sharp reality check as the KOSPI index dropped more than 5% in a single session, ending its recent AI-driven semiconductor rally. The fall came after weeks of strong gains led by chipmakers, during which investors started locking in profits. The sudden reversal shocked traders and raised fresh concerns…
Oracle Cuts 21,000 Jobs as Workforce Falls to 141,000, AI-Driven Restructuring Trims 13% of Staff
Oracle’s workforce dropped to 141,000 employees in fiscal 2026 after the company reduced its headcount by about 21,000 workers, a decline of roughly 13%. The move comes as Oracle accelerates its investment in artificial intelligence, cloud services, and large-scale data centers. Announced in June 2026, the restructuring reflects a growing trend across the tech industry,…