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Crypto Prices Today: Bitcoin Near $62,557, ETH Below $1,800 After Nasdaq Rout
Crypto markets extended their decline on June 24 as investors reduced exposure to risk assets following a sharp selloff in technology stocks. Bitcoin traded near $62,557, while Ethereum remained below the key $1,800 level, reflecting broader weakness across digital assets. The latest drop came as the Nasdaq suffered one of its biggest declines in weeks,…
Honasa Consumer (NSE: HONASA) Falls 4% to ₹403.50 After ₹135 Crore Fluence Pharma Deal
Honasa Consumer shares fell nearly 4% to ₹403.50 after the company announced its ₹135 crore acquisition of a majority stake in Fluence Pharma in June 2026. The deal marks a major step into India’s fast-growing nutraceutical market, expanding beyond traditional beauty and personal care products. While the stock market reacted cautiously, the move highlights Honasa’s…
Bitcoin Drops 1.2% Below $64K Amid Persistent Institutional Selling and Fed Rate Concerns
Bitcoin slipped below the $64,000 mark in late June 2026, extending a period of market uncertainty driven by institutional selling and concerns over U.S. interest rates. The world’s largest cryptocurrency has struggled to regain momentum as investors weigh the impact of Federal Reserve policy and slowing demand from major market participants. With Bitcoin approaching key…
Huawei’s CloudMatrix Cluster Achieves 30% Utilization After Training DeepSeek’s 1.6-Trillion-Parameter AI Model
Huawei’s AI ambitions reached a new milestone in June 2026 when reports revealed that its CloudMatrix cluster achieved 30% utilization while post-training DeepSeek V4-Pro, a massive 1.6-trillion-parameter AI model. The achievement highlights the growing capabilities of Huawei’s Ascend chip ecosystem at a time when global competition in artificial intelligence infrastructure is intensifying. As China pushes…
Aurobindo Pharma (NSE: AUROPHARMA) Shares Slip Despite US FTC Approval for $250 Million Lannett Acquisition
Aurobindo Pharma shares edged lower on June 22, 2026, despite a significant regulatory win announced before market open. Aurobindo Pharma USA, a wholly-owned subsidiary, received approval from the US Federal Trade Commission to proceed with the $250 million acquisition of Lannett Company LLC on a cash-free, debt-free basis. It inclusive of normalized working capital, with…
Kirloskar Oil Engines Hits 20% Upper Circuit After Securing 192 MW Data Centre Power Systems Order
Kirloskar Oil Engines grabbed investors’ attention on June 22, 2026, after its shares hit the 20% upper circuit following a major 192 MW power systems order from HyperNext. The deal will support large AI and hyperscale data centres, a fast-growing segment in India’s digital economy. The announcement marks a key milestone for the company and…
SK Hynix Surpasses Samsung Electronics in Market Value, Reaches ₩2,082.5 Trillion as Shares Jump 5.7%
SK Hynix made history on June 22, 2026, by overtaking Samsung Electronics to become South Korea’s most valuable company. The chipmaker’s shares jumped 5.7%, pushing its market value to ₩2,082.5 trillion as demand for AI memory chips continued to surge. The milestone reflects how artificial intelligence is reshaping the semiconductor industry. With investors betting heavily…
ARK Invest Sells Robinhood, Buys Snowflake as Portfolio Rotates, June 21
ARK Invest sells Robinhood, buys Snowflake. ARKK up 2.98% YTD but trails S&P 500. Cathie Wood rotates portfolio.
Cathie Wood Adds to Pony AI, Snowflake Bets as ARK Rotates Portfolio, June 21
ARK Invest bought $52M in Snowflake and added to Pony AI in June 2026, signaling a shift toward AI infrastructure plays.