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On The Border Files Chapter 7 as 155 Locations Close, June 21
On The Border Mexican Grill & Cantina files Chapter 7 liquidation after closing 155 locations. Five franchise locations remain open.
Moomoo Securities Faces 3-Month Ban on New Accounts, June 21
Japan’s FSA suspended moomoo Securities’ new account sign-ups for 3 months due to false NISA claims and weak cybersecurity controls.
Zaggle Prepaid Inks 5-Year PNB Deal as Profits Surge 30%, June 20
Zaggle Prepaid partners with PNB for co-branded credit cards. Q4 FY26 net profit surges 30.42% to Rs 40.60 crore, revenue rises 49.94%.
SpaceX Stock Drops 8.75% After Cursor Deal, Valuation Questioned
SpaceX stock fell 8.75% after Cursor acquisition. Morningstar values it at $62; Oppenheimer targets $250. Market cap: $2.8 trillion.
Accenture Stock Plunges 18% on Weak Guidance, June 20
Accenture stock falls 18% to lowest level since 2017 after cutting revenue guidance to 4% growth amid AI and geopolitical concerns.
Thailand’s $30B Land Bridge Targets Malacca Strait Trade, June 20
Thailand’s $30 billion Land Bridge project links Chumphon and Ranong ports, potentially reducing logistics costs by 30% and transit times by 14 days.
Vegas Casino Stocks Face Regulatory Headwinds as Online Gambling Stalls
Texas online gambling stalls until 2027 amid regulatory delays. SkyCity resolves Adelaide compliance issues. Casino stocks face sector headwinds.
APM Terminals LA Expands Zero-Emission Fleet With 40 Electric Tractors, June 20
APM Terminals LA expands zero-emission fleet to 60 electric tractors at Pier 400, advancing California port electrification goals.
SpaceX Stock Falls 6.5% as Post-IPO Rally Cools, June 20
SpaceX stock falls 6.5% to $178.50 after post-IPO rally fizzles amid valuation concerns and profit-taking.