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Union Bank of India Ltd (NSE: UNIONBANK) Share Price Falls 1.53% to ₹167.83: Stock Down ₹2.61 Amid Consolidation Phase
The stock of Union Bank of India Ltd came under mild pressure in the latest trading session. It fell 1.53% to ₹167.83, losing ₹2.61 in a single day. We are seeing a clear consolidation phase in the stock after recent volatility in PSU banking counters. The move is not sharp, but it reflects cautious investor…
Nasdaq Falls 0.97% as AI Stock Volatility Persists, June 10
Nasdaq falls 0.97% to 25,678.82 as chip stocks reverse gains. AI volatility persists amid SpaceX IPO concerns and semiconductor valuation fears.
168 MW AI Hub in Gujarat: META and RIL Join Forces for Next-Gen Data Center
India’s data centre landscape just reached a defining milestone. On June 10, 2026, Meta Platforms (NASDAQ: META) and Reliance Industries (NSE: RELIANCE) officially announced a strategic agreement to build a 168 MW AI-enabled data centre in Jamnagar, Gujarat. Reliance will construct the facility, which Meta will lease, with options to further scale capacity. Reliance has…
Wall Street Whipsaws as AI Stocks Swing Wildly, June 10
S&P 500 fell 0.3% as AI stocks reversed gains on rate hike fears. Inflation hit 3.8% year-over-year, pressuring Micron, Marvell, and AMD.
NAB Abandons Rate Hike Call, Forecasts Cuts by Q2 2027
NAB abandons August rate hike forecast, predicting RBA cash rate peaks at 4.35%. Joins CBA and ANZ expecting rate cuts from Q2 2027.
Wang Chuanfu Predicts BYD Top Automaker in 5 Years, 4.6M Sales in 2025
The global auto industry is changing fast. Electric vehicles (EVs) are no longer the future. They are the present. At the center of this shift is Wang Chuanfu, the man behind one of the fastest-growing automakers in the world. He has made a bold prediction. His company, BYD, could become the world’s top automaker within…
Nasdaq Falls 0.97% as Chip Rally Fizzles, June 10
Nasdaq Composite falls 0.97% to 25,678.82 as chip stocks retreat. S&P 500 down 0.26%. Oil prices drop on Middle East ceasefire hopes.
Scandal-Hit Rajesh Exports Shares Hit 5% Lower Circuit for 5th Straight Session After SEBI Allegations
The crisis surrounding Rajesh Exports has deepened as the company’s shares reportedly hit the 5% lower circuit for the fifth consecutive trading session. The sharp decline comes after serious allegations from the Securities and Exchange Board of India (SEBI), triggering panic among investors and raising fresh questions about corporate governance at one of India’s best-known…
SoftBank Weighs Alternative Fundraising After $6B OpenAI Margin Loan Discussions Slow
SoftBank is reviewing new fundraising avenues after discussions over a $6 billion margin loan tied to its OpenAI stake lost momentum. The Japanese investment giant has been aggressively expanding its artificial intelligence portfolio, making fresh capital a key focus for investors tracking its next move. SoftBank Faces Financing Hurdle in OpenAI-Backed Loan Plan SoftBank initially…