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Samsung Unveils $648 Billion AI Investment Plan to Power South Korea’s Future
📅 in about 4 hours

Samsung Unveils $648 Billion AI Investment Plan to Power South Korea’s Future

Samsung Group is making history on June 26, 2026. Samsung Group plans on Monday, June 29, to pledge investment of 1,000 trillion won ($648 billion) in South Korea over 10 years, part of an initiative that aims to turn the country’s AI boom into a nationwide growth engine. Top executives from Samsung Electronics and SK…

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Sony Files Layoff Notice At Bellevue-based Video Game Company
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Sony Files Layoff Notice At Bellevue-based Video Game Company

The latest Sony layoffs have once again put the gaming industry in focus. Sony’s game studio, Bungie, has filed a layoff notice covering hundreds of employees at its Bellevue, Washington headquarters as the company restructures following the end of new content for Destiny 2. The move comes as Sony continues to reshape its live service…

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H&M Increases Margins Despite Weak European Demand
📅 in about 3 hours

H&M Increases Margins Despite Weak European Demand

H&M delivered a mixed set of second-quarter results for fiscal 2026. Sales remained under pressure as shoppers across Europe spent less because of inflation and higher living costs. Even so, the fashion retailer improved its profitability through better cost control, lower inventory levels, and reduced discounting. While revenue growth stayed weak, the stronger margin performance…

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OpenAI Reportedly Pushes IPO to 2027, Focuses on $1 Trillion Valuation
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OpenAI Reportedly Pushes IPO to 2027, Focuses on $1 Trillion Valuation

OpenAI is stepping back from its aggressive 2026 IPO timeline. The ChatGPT maker is leaning toward a 2027 IPO, later than earlier expectations of a possible 2026 listing, according to the New York Times. CEO Sam Altman pushed advisers to secure a $1 trillion valuation at listing. That target is a steep climb from its…

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S&P 500, Dow Futures Rise Despite Big Tech Losses and Hot Inflation; AAPL, MSFT, BABA in Focus 
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S&P 500, Dow Futures Rise Despite Big Tech Losses and Hot Inflation; AAPL, MSFT, BABA in Focus 

U.S. stock market futures edged higher on June 27, 2026, even as major technology stocks faced renewed selling pressure and fresh inflation data came in hotter-than-expected. The surprising market resilience has shifted investors’ attention to whether the broader rally can continue despite concerns over interest rates.  At the center of the action are Apple (AAPL),…

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IBM Shares Waver After Unveiling Fingernail-Sized AI Chip
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IBM Shares Waver After Unveiling Fingernail-Sized AI Chip

IBM drew global attention on June 25, 2026, after unveiling a fingernail-sized AI chip designed to deliver faster computing while using less power. The breakthrough marks another step in the race to build more efficient AI hardware. Yet the company’s shares showed mixed movement as investors looked beyond the innovation and focused on its commercial…

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Apple Price Hike: Updated Prices of MacBook Neo, iPads, Mac mini M4, and HomePod
📅 in about 1 hour

Apple Price Hike: Updated Prices of MacBook Neo, iPads, Mac mini M4, and HomePod

Apple (AAPL) implemented its largest mid-cycle hardware price hike in recent history on June 25, 2026, catching the market off guard. The MacBook Neo now starts at $699, while the M5 MacBook Air begins at $1,299. The HomePod mini rose to $129 from $99, the HomePod climbed to $349, the iPad Air jumped to $749…

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Apple, Microsoft Raise Prices As Rising Chip Costs Pressure Tech Industry
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Apple, Microsoft Raise Prices As Rising Chip Costs Pressure Tech Industry

The global technology industry is entering a new pricing cycle. Apple and Microsoft have announced higher prices for several products as memory and storage chip costs continue to surge. The rapid expansion of artificial intelligence infrastructure has pushed demand for advanced semiconductors to record levels, leaving consumer electronics companies with higher production costs. For investors,…

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NZX Midday: Vulcan Steel Climbs, KMD Brands Falls Following NZ$208M Debt Refinance
📅 1 hour ago

NZX Midday: Vulcan Steel Climbs, KMD Brands Falls Following NZ$208M Debt Refinance

The NZX Midday session delivered mixed trading as investors reacted to company-specific developments across New Zealand’s stock market. Vulcan Steel moved higher after attracting buying interest, while KMD Brands slipped following its announcement of a NZ$208 million debt refinancing package. The session also reflected cautious sentiment across sectors as investors assessed corporate balance sheets, funding…

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