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MBDA and Safran Win French Long-Range Strike Contract, June 16
France enters exclusive negotiations with MBDA and Safran for THUNDART long-range strike system. First deliveries 2029, operational 2030.
Databricks data warehousing sales hit a $1.5B run rate as AI demand accelerates growth
Databricks data warehousing is rewriting the enterprise software playbook in 2026. In February 2026, Databricks crossed a $5.4 billion revenue run rate, delivering over 65% year-over-year growth in Q4. The company’s data warehousing unit, powered by Databricks SQL, has become a billion-dollar business in its own right. Enterprise customers alone account for at least $1.5…
HDFC Bank shares rally 6% in 5 sessions, hit ₹787.50 intraday as Nomura sees RBI FCNR(B) boost
HDFC Bank shares have gained nearly 6% in the last five trading sessions, reaching an intraday high of ₹787.50 on June 16, 2026. The rally comes after brokerage firm Nomura highlighted the bank as a key beneficiary of the Reserve Bank of India’s latest FCNR(B) deposit initiative. Investors are closely watching how this policy could…
Securitas AB falls 3% as 2030 EPS growth target raises execution and deal concerns
Securitas AB shares slid roughly 3% on June 16, 2026, after the Swedish security giant unveiled its long-awaited 2030 strategy. Securitas presented updated financial targets on June 15, 2026, headlined by a new goal of 10% average annual earnings-per-share growth over a business cycle. The announcement was paired with an Investor Day held in London…
Companies House Delays Accounts Filing Rules to April 2028
Companies House delays accounts filing reforms to April 2028. Small firms must file P&L accounts but can opt out of public disclosure.
Yakushima Faces Heavy Rain, Landslide Warnings on June 16
Yakushima faces Level 4 landslide warnings as heavy rain from a stationary front threatens the region through June 18.
NIFTY IT Surges Over 2%, Adds Nearly 600 Points as All Constituents Trade Higher
The Indian technology sector staged a strong comeback as NIFTY IT rallied more than 2 percent, adding nearly 600 points in intraday trade while every stock in the index traded in positive territory. The rally reflected improving investor confidence after months of volatility, supported by better global technology sentiment, attractive valuations, and optimism around demand…
Sarvam AI Deal Boosts HCLTech Stock 3% as Company Acquires 10.46% Stake for $150 Million
HCLTech just placed a major bet on India’s sovereign AI ambitions. On June 15, 2026, HCL Technologies (NSE: HCLTECH) announced it would invest $150 million in Sarvam AI as the lead strategic investor in the company’s Series B funding round. HCLTech will acquire 41,421 equity shares, representing a 10.46% stake in Sarvam AI, with the…
VTI Trades at $366.36 as US Market P/E Hits 26.72, June 15
VTI trades at $366.36 with US stock market P/E ratio at 26.72, above the 5-year average of 22.82.