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Airbus, Dassault Abandon €100B Fighter Jet Project, June 09
France and Germany halt €100B FCAS fighter jet program due to industrial disputes between Airbus and Dassault over project leadership.
Databricks Eyes $175 Billion Valuation in New Funding Round: Report
Databricks is reportedly discussing a new funding round that could value the company between $165 billion and $175 billion, according to a report by The Information. If completed, the deal would mark a significant jump from the company’s $134 billion valuation achieved during its February 2026 fundraising round. The discussions are still ongoing, and final…
FTSE 250 Slips 0.21% to 23,012.33 on June 09
FTSE 250 drops 0.21% to 23,012.33. Seraphim Space joins index after 39% rise. Mid-cap index faces geopolitical and tech sector headwinds.
SK Hynix Seals Multi-Year AI Deal With Nvidia, June 08
SK Hynix signs multi-year partnership with Nvidia to develop advanced memory for AI data centers. Deal secures supply as memory demand surges.
Nasdaq Futures Rise 1.59% as Tech Rebounds From Friday’s Rout, June 08
Nasdaq futures rise 1.59% on June 08 as chip stocks rebound from Friday’s 4.2% selloff. Tech gains offset Middle East tensions and oil price surge.
Tech Rout Triggers Global Selloff as Iran-Israel Tensions Spike, June 09
Tech stocks rebound as Iran-Israel tensions ease. South Korea’s Kospi fell 8.3%, Nasdaq rose 1.2%. Oil prices spike on geopolitical risks.
UK, France, Germany Set Five Peace Conditions for Ukraine War, June 08
UK, France, and Germany leaders outline five peace conditions for Ukraine: ceasefire, security guarantees, and war damage compensation.
Nikkei 225 Plunges 3.85% to 64,024.6 on Tech Rout, June 08
Nikkei 225 drops 3.85% to 64,024.6 on June 8 as chip stocks fall, U.S. rate hike fears mount, and Middle East tensions spike oil prices.
Putin Offers Su-57 Fighter Technology to India, June 08
Putin offers India full access to Su-57 fighter technology, joint production, and technology transfer to strengthen defense ties.