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Gold Falls to 7-Month Low at $4,020 as US Inflation Hits 4.2%, June 11
Gold at $4,020/oz, 7-month low, as 4.2% US inflation fuels Fed rate hike expectations. Year-end targets: $3,800–$5,500.
European IT Stocks Lose UBS ‘Attractive’ Rating Following Strong 40% Surge
European IT Stocks have been one of the biggest winners in global equity markets over the past year. The sector saw a powerful rally of nearly 40%, driven by artificial intelligence excitement, strong earnings, and renewed investor confidence in tech growth. But now the story is changing. We are seeing a shift in tone from…
SBI Holdings Stock Falls 1.9% as US Inflation Hits 4.2%, June 11
SBI Holdings stock fell 1.9% as US CPI inflation hit 4.2% in May amid geopolitical tensions and market selloff.
FS.COM Shares Jump 10.7% After Announcing HK$350 Million Share Buyback Plan
FS.COM shares saw a sharp upside move after the company confirmed a major capital return strategy. The stock gained strong attention from investors following a HK$350 million share buyback announcement, which boosted confidence in the company’s balance sheet strength and long-term valuation outlook. The move triggered active buying interest across the session, with market sentiment…
SpaceX Eyes $75B IPO Launch as Exchanges Strengthen Infrastructure for Massive Trading Volume
The global financial markets are buzzing with one name: SpaceX. The company is reportedly preparing for a landmark initial public offering (IPO) that could raise around $75 billion, making it one of the largest IPOs in history. Recent reports suggest that SpaceX could be valued near $1.75 trillion at listing, driven by strong investor demand…
Vestum Shares Soar 28% After Agreeing to Sell Flowa Technology for SEK 6.5 Billion
Vestum shares surged nearly 28% after the Swedish investment company announced an agreement to sell Flowa Technology for SEK 6.5 billion, marking one of the biggest market moves of June 2026. The deal immediately caught investors’ attention, as it highlights Vestum’s efforts to unlock value and strengthen its financial position. With the transaction expected to…
Halma FY Profit Jumps 22% as Revenue Rises 15% to £2.58B, but Single Customer Now Drives 20% of Sales
Halma reported another year of strong growth on June 11, 2026, with annual revenue rising 15% to £2.58 billion and profit increasing 22%. The UK-based safety and technology group benefited from rising demand for photonics products used in AI-powered data centers. While the record results highlight the company’s growth momentum, investors are paying close attention…
Oracle Q4 Revenue Hits $19.2B, Up 21% as Cloud Growth Surges 93% on AI Demand
Oracle Q4 results exceeded Wall Street expectations as the technology giant reported record revenue, earnings growth, and cloud infrastructure expansion. The company generated $19.2 billion in fourth-quarter revenue, representing a 21% year-over-year increase, fueled by surging demand for artificial intelligence infrastructure and cloud services. The earnings report highlights Oracle’s transformation from a traditional database software…
Gold Price Falls as Dow Futures Rise 0.3%, S&P 500 Futures Gain 0.4%, and Nasdaq 100 Futures Climb 0.3%
Global markets are showing a clear shift in sentiment today. Gold prices are falling while equity futures are moving higher. The focus keyword Dow Futures is back in the spotlight as investors turn toward risk assets. At the time of writing, Dow Futures are up around 0.3%, while S&P 500 Futures gain 0.4% and Nasdaq…