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Stock Market Rallies on Tech Gains, Iran Peace Deal, June 20
S&P 500 rises 1.1%, Nasdaq surges 1.9% on tech gains and Iran peace deal. Oil falls 13% as Strait of Hormuz reopens.
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.
Sensex Falls 820 Points as Nifty Drops Below 24,000, June 20
Sensex falls 820 points, Nifty drops below 24,000 after Accenture cuts revenue guidance. Indian IT stocks plunge on weak global demand.
Crypto Casinos Surge on Polygon as No-Deposit Bonuses Lure Players
Crypto casinos on Polygon grow with no-deposit bonuses. MATIC token powers faster, cheaper gambling transactions as platforms compete for players.
Tim Ho Wan Closes Plaza Singapura Outlet After 13 Years, June 20
Tim Ho Wan closes Plaza Singapura outlet after 13 years due to mall redevelopment, offering 30% daily discounts and a farewell dinner on July 12.
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.
U.S. Mortgage Rates Fall to 6.47% as Iran Peace Deal Eases Inflation Fears, June 19
30-year mortgage rates fall to 6.47% on Iran peace deal and lower inflation concerns. 15-year rates at 5.81%.
New Defra Minister Faces Farming Crisis as Costs Soar, June 20
New Defra minister Stephen Morgan warns of severe farming pressures from rising fuel and fertiliser costs squeezing UK agriculture.