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Elon Musk Loses Trillionaire Status as Tesla and SpaceX Valuations Fall
As of June 2026, Elon Musk is no longer a trillionaire after falling valuations at Tesla and SpaceX (SPCX) stock erased billions from his estimated fortune. The sharp decline came as technology stocks faced renewed selling pressure and investors pulled back from high-growth companies. Even after the setback, Musk remains the world’s richest person, showing…
Volkswagen (ETR: VOW3) Shares Rise 2.4% as Everllence Deal Promises €7.4B Proceeds
Volkswagen Group (ETR: VOW3) gave markets a clean catalyst on June 25, 2026. The Volkswagen Group entered into an exclusive arrangement with Bain Capital for the sale of its majority stake in Everllence 51% of the shares are to be transferred. The leveraged buyout transaction generates proceeds of approximately €7.4 billion for Volkswagen. Volkswagen intends…
NVDA Stock Rises 0.8% in Early Market as AEGON Asset Management UK Plc Sells 176,898 Shares of NVIDIA Corporation
NVDA stock opened with quiet resilience on June 25, 2026, rising approximately 0.8% in early trading. NVIDIA’s opening price was $202.17, with the day’s range spanning $200.00 to $203.77. The modest gain came alongside a disclosed institutional trim. AEGON Asset Management UK Plc lessened its position in NVIDIA Corporation (NASDAQ: NVDA) by 5.6% in the…
Trip.com (HK:9961) Shares Fall 10.6% to HK$31.60 as Q1 Profit Drops to ¥2.5B
Trip.com Group (HK: 9961 | NASDAQ: TCOM) had a rough start to June 25, 2026. The Hong Kong-listed stock dropped 10.6% to HK$31.60, reaching its lowest level since August 2024. The selloff came after the company reported a sharp decline in first-quarter profit and issued significantly weaker-than-expected Q2 revenue guidance. Revenue growth wasn’t enough to…
Liontrust (LON: LIO) Shares Jump 12% as Operating Margin Beats Forecast at 24%
Introduction Liontrust Asset Management (LON: LIO) delivered one of its strongest single-session moves in years on June 24, 2026. Liontrust stock surged 12.4% to reach 330.4p after the independent fund manager published its annual results for the financial year ended March 31, 2026, delivering an adjusted operating margin of 24% ahead of the analyst consensus…
MCX Gold Price Drops 0.37%, Silver Slides 1.07% Amid Rising US Fed Rate Hike Expectations
On June 25, 2026, MCX Gold futures faced fresh selling pressure as hawkish US Federal Reserve signals rattled bullion markets. Gold futures (August contract) on the Multi-Commodity Exchange opened at Rs 1,45,000 per 10 grams, down Rs 1,528 or 1.04% from the previous close of Rs 1,46,529. Silver followed suit, deepening losses from the prior…
ASX Midday: IT Stocks Surge 5%, BrainChip -1%, Energy Sector -2%, Woodside -1% Update
The ASX traded mixed at midday as investors poured money into technology stocks while reducing exposure to energy companies. The information technology sector emerged as the strongest performer, rising nearly 5%, while the energy sector fell more than 2% amid weakness in oil prices. ASX Technology Stocks Power Higher as Investor Demand Strengthens Technology shares…
Alphabet (GOOG, GOOGL) Stock Rises Nearly 1% as Google Parent Replaces Verizon in Dow Jones Index
Google parent Alphabet moved higher by nearly 1% after Dow Jones Indices announced that the company will replace Verizon Communications in the prestigious Dow Jones Industrial Average (DJIA). The change will become effective before the opening bell on June 29, 2026, marking one of the most significant index reshuffles in recent years. Investors viewed the…
Tech Stocks Rebound: Samsung Electronics Jumps 9% as SK Hynix Gains 4% After Sharp Sell-Off
Tech Stocks across Asia bounced back sharply on Monday after investors rushed back into semiconductor shares following one of the steepest market declines seen this month. The recovery was led by South Korean chipmakers Samsung Electronics and SK Hynix, both of which posted strong gains as investors viewed the previous session’s sell-off as excessive. The…