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Affirm Stock Falls 5.3% to $70.73 on Valuation Concerns, June 18
Affirm stock fell 5.3% to $70.73 on June 17 amid valuation concerns and sector headwinds affecting the buy-now-pay-later fintech lender.
Brent Crude Slides 2.2% and WTI Falls 2.5% After U.S.-Iran Agreement Reopens Strait of Hormuz
Brent crude dropped 2.2% and WTI crude fell 2.5% on June 18, 2026, after a breakthrough U.S.-Iran agreement raised expectations that the Strait of Hormuz would reopen to global shipping. The move quickly eased concerns about oil supply disruptions that had pushed prices higher in recent weeks. As traders reassess the balance between supply and…
Evonik Shares Drop as Chemical Giant Plans 3,200 Job Cuts and Exit From Polyester Business by 2027
Evonik shares came under pressure on June 18, 2026, after the German chemicals giant announced plans to cut 3,200 additional jobs and exit its polyester business by 2027. The move is part of a broader effort to reduce costs and improve profitability in a challenging market. While the company hopes the restructuring will strengthen its…
Japan Stocks Hit Record High as Nikkei 225 Surges 1.75%; Ajinomoto and Murata Lead Gains
Japan’s equity market ended sharply higher, with Japan Stocks touching fresh record levels as global investors increased risk exposure. The Nikkei 225 rose 1.75% in a single session, driven by strong buying in technology, electronics, and food-related companies. Market sentiment stayed positive throughout the trading day, supported by strong corporate earnings outlook and steady foreign…
Tesla Stock Gains as Musk Exercises $116B Pay Package, June 18
Elon Musk exercises $116B Tesla pay package, acquiring 303.96M shares. Merger speculation with SpaceX heats up among analysts.
MCX Gold & Silver Prices Fall: Gold Drops ₹1,573 to ₹1,52,306, Silver Down ₹3,807 to ₹2,48,000
Gold and silver prices on the Multi-Commodity Exchange (MCX) witnessed a sharp decline on June 18, 2026, as investors reacted to fresh signals from the U.S. Federal Reserve and a stronger U.S. dollar. Gold futures fell by ₹1,573 to ₹1,52,306 per 10 grams, while silver dropped ₹3,807 to ₹2,48,000 per kg. The sudden correction has…
ATO Outsourced Workers Paid 40% Less Than Public Servants, June 18
ATO outsourced call centre workers earn 40% less than public servants, with wage gaps widening at senior classification levels.
Strategy Inc (MSTR) Faces Dividend Strain as Bitcoin Holdings Weigh on Stock
MicroStrategy (MSTR) stock faces pressure as STRC preferred stock trades below par. Dividend coverage and acquisition strategy draw analyst scrutiny.
Japan’s Largest Nuclear Plant Leaks 26,000L Seawater, June 18
Kashiwazaki-Kariwa nuclear plant: 26,000 liters of seawater leaked from turbine building. No radiation detected.