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US Strikes Iran After Apache Helicopter Downed, June 10
US military strikes Iran after Apache helicopter downed over Strait of Hormuz. Two pilots rescued safely. Ceasefire at risk as tensions escalate.
Barbeques Galore Liquidates 62 Stores, 500 Jobs Lost on June 10
Barbeques Galore enters liquidation with 62 stores closing and 500 jobs lost after rescue deal collapsed.
Lufthansa Adds ITA Airways to Europe-Japan Joint Venture, June 10
Lufthansa adds ITA Airways to Europe-Japan joint venture with ANA, effective autumn 2026. Agreement signed June 8 at IATA meeting in Rio.
Elon Musk Nears $1 Trillion Net Worth as SpaceX IPO Launches June 12
Elon Musk’s net worth approaches $1 trillion as SpaceX IPO launches June 12 with $1.8T valuation and combined stakes exceeding $1.1 trillion.
Germany and France End €100B Fighter Jet Project, June 09
Germany and France cancel €100 billion FCAS fighter jet project after Airbus-Dassault leadership disputes. Combat Cloud may continue separately.
Bitcoin Slides Under $63,000 as ETF Withdrawals Continue, While Analysts Eye Future Record Highs
Bitcoin came under pressure as the world’s largest cryptocurrency slipped below the $63,000 level, weighed down by continued withdrawals from spot Bitcoin exchange-traded funds (ETFs). The decline has sparked concern among short-term traders, but many analysts remain optimistic about the long-term outlook and continue to forecast new record highs in the coming years. The recent…
Hang Seng Index Falls 0.37% to 24,565 on Five-Day Losing Streak, June 09
Hang Seng Index drops 91 points to 24,565 on June 09, extending losing streak amid Pentagon sanctions on tech and chip stock gains.
United Natural Foods Stock Plunges 11% After $7.72B Revenue Miss and Weak FY2026 Outlook
Revenue came in. The stock came down. United Natural Foods (NYSE: UNFI) reported fiscal Q3 2026 results before the market open on June 9, 2026, covering the 13 weeks ended May 2, 2026. Wall Street had set the bar at $7.80 billion in revenue and $0.77 EPS, based on consensus estimates from 10 analysts. The…
S&P 500 Climbs 0.30% as Chip Stocks Rebound, June 09
S&P 500 rises 0.30% to 7,405.73 as chip stocks rebound. Nasdaq up 0.86%. Semiconductor ETF surges 6% after worst day in six years.