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AMD Stock Rebounds 5.1% to $490.33 After Profit-Taking, June 09
AMD stock rebounds to $490.33 on June 09. Analysts project 13% upside to $527 by 2027, though 160x earnings valuation raises growth concerns.
Dow Jones Falls 0.16% to 50,786 as Tech Rebounds, June 09
Dow Jones fell 0.16% to 50,786 on Monday as chip stocks rebounded. S&P 500 rose 0.3%, Nasdaq climbed 0.9% amid tech recovery.
Airbus, Dassault Abandon €100B Fighter Jet Project, June 09
France and Germany halt €100B FCAS fighter jet program due to industrial disputes between Airbus and Dassault over project leadership.
FTSE 250 Slips 0.21% to 23,012.33 on June 09
FTSE 250 drops 0.21% to 23,012.33. Seraphim Space joins index after 39% rise. Mid-cap index faces geopolitical and tech sector headwinds.
Social Security Payments Begin June 10; Insolvency Looms in 2032
Social Security payments begin June 10 for those born 1st-10th. Program faces 2032 insolvency with potential 28% benefit cuts affecting millions.
Ashok Leyland Falls 2.94% as Crude Oil Spikes, June 09
Ashok Leyland stock fell 2.94% to Rs 141.02 as Brent crude hit $97/barrel. Meyka rates it B with Rs 160.43 target.
UOB Asset Management Sale to AllianzGI Could Unlock Wealth Push, June 09
AllianzGI in exclusive talks to acquire UOB Asset Management for up to S$600 million to support UOB’s wealth management expansion by 2030.
OCBC Launches Physical Gold Trading in Singapore, June 09
OCBC launches physical gold trading and custody services for institutional and private banking clients from June 10, 2026.
Woolworths Faces Retail Violence Crisis as Governments Push Protection Laws
Woolworths faces rising retail violence. State governments propose workplace protection orders for supermarket workers after assaults reported.