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S&P 500 Falls 0.26% as Chip Rebound Fizzles, June 10
S&P 500 drops 0.26% to 7,386.65 on June 9 as chip stocks fade and Middle East tensions rise. Nasdaq falls 0.97%. Dow gains 0.17%.
S&P 500 Falls 0.26% as Chip Rally Fizzles, June 10
S&P 500 fell 0.26% to 7,386.65 on June 8 as chip stocks lost momentum. Nasdaq dropped 0.97%. Oil prices fell 3.4% on Middle East ceasefire hopes.
Hardwyn India Announces 2:5 Bonus Share Issue, June 10
Hardwyn India proposes 2:5 bonus share issue. Shareholders receive 2 bonus shares per 5 held. Stock rises 0.65% to ₹24.59. Approval vote July 3, 2026.
OpenAI Files Confidential IPO as AI Giants Race to Public Markets, June 10
OpenAI files confidential S-1 with SEC for IPO, valued at $852 billion. Timing undecided as company joins mega-IPO wave.
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.
Hong Kong Banks Boost Savings Rates: HKD3,888 Cash Rebate Offers, June 10
Hong Kong banks offer up to HKD3,888 cash rebates on savings accounts with minimum deposits of HKD5 million through October 2026.
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…
Iran Attacks US Aircraft Carrier in Strait of Hormuz, June 09
Iranian Revolutionary Guards attacked a US aircraft carrier with ballistic missiles and drones in February 2026. The incident signals rising Middle…
Wall Street Set for Higher Open as Investors Welcome Chip Rebound and Lower Iran-Israel Tensions
Wall Street looked set for a stronger opening as investors responded positively to a rebound in semiconductor stocks and signs of easing tensions between Iran and Israel. The improved mood across global financial markets helped lift futures tied to major U.S. indexes, reflecting growing optimism among traders and institutional investors. Market participants have been closely…