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RBI Holds Rates at 5.25% as Growth Slows, Inflation Rises, June 05
RBI holds repo rate at 5.25%. GDP growth forecast cut to 6.6%, inflation raised to 5.1%. Central bank announces measures to boost foreign inflows.
MSTR Stock Crashes 13% as Bitcoin Sale Breaks “Never Sell” Promise, June 05
MSTR stock falls 13% after Strategy Inc sells 32 Bitcoin for first time in years, breaking its “never sell” pledge.
SpaceX IPO Launches June 12 at $135 Per Share, Raising Record $75 Billion
SpaceX IPO prices at $135/share on June 12, raising $75 billion with $1.75 trillion valuation. Retail investors can buy through major brokers.
Zcash Plunges Up to 50% in 2 Days After AI Flags Critical Network Vulnerability
Zcash experienced one of its most dramatic declines in recent years after a critical network vulnerability was disclosed, causing the cryptocurrency to lose as much as 50% of its value within two days. The selloff began after researchers revealed a flaw in the network’s Orchard privacy pool that could theoretically allow the creation of counterfeit…
META Stock Momentum Builds: Meta Platforms Inc Gains 0.74% to $627.57 as Roundview Capital LLC Raises Holdings
META stock gained 0.74% to close at $627.57, signaling renewed investor confidence in Meta Platforms Inc as institutional investors continue to increase their positions. The upward move comes at a time when technology stocks are regaining momentum, supported by strong earnings expectations and continued growth in artificial intelligence investments. The latest filing shows that Roundview…
Japan Backs Rapidus With $943M as 2nm Chip Push Accelerates, June 05
Japan invests $943M in Rapidus for 2-nanometer chip production by 2027, bringing total government backing to $1.8B for semiconductor sovereignty.
Lululemon Stock Target Cut by UBS as EPS Guidance Falls to $10.95–$11.15
Lululemon Stock is under strong pressure after a fresh wave of analyst revisions and weak forward guidance. UBS has cut its price target following a sharp downward revision in earnings expectations. The biggest concern for investors is simple. The company now expects full-year EPS between $10.95 and $11.15, down from earlier forecasts that were significantly…
Visa and Mastercard Halt Cuba Operations June 6 on US Sanctions
Visa and Mastercard suspended in Cuba from June 6 due to US sanctions on military-linked payment processor affecting tourists.
MSFT and OPAI.PVT Breakdown: How Microsoft and OpenAI’s Partnership Turned Competitive
The AI world is changing fast. And one of the biggest stories shaping this shift is the evolving relationship between Microsoft (MSFT) and OpenAI (OPAI.PVT). What started as a powerful partnership has now turned into a mix of collaboration and competition. Microsoft helped scale OpenAI’s tools globally. OpenAI helped Microsoft become a leader in the…