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FTSE 100 Slips 0.20% Despite Iran Stand Down as BoE Warns on Inflation and J.P. Morgan Sees 5% Upside
The FTSE 100 ended slightly lower even after geopolitical tensions eased following the United States and Iran’s agreement to end attacks. Investors shifted their attention from global risks to the UK’s inflation outlook and interest rate expectations. While lower oil prices improved market sentiment, the Bank of England remained cautious about inflation, keeping investors focused…
Apple (NASDAQ: AAPL) Shares Rise 0.4% After Report Says Company Wants Approval to Purchase CXMT Memory Chips
Apple (AAPL) made headlines on June 29, 2026, as its stock ticked higher on fresh reports. AAPL shares rose around 0.4% to $285.10 in premarket trading after closing 3.1% higher at $283.78 on Friday, June 26. The catalyst: reports confirmed Apple is actively lobbying the Trump administration to secure approval to purchase memory chips from…
Prosus (AMS: PRX) Reports 84% Surge in Full-Year Core Profit as Adjusted EBITDA Climbs to $1.3 Billion
Prosus delivered a landmark set of results for its financial year ended March 31, 2026. The financial year ended March 2026 marked a milestone for Prosus: it delivered on its ambitious targets. This generate over $7.3 billion in revenue and $1.1 billion in Ecosystem adjusted EBITDA, with every one of its ecosystems now profitable and…
China’s CXMT Signs $3 Billion DRAM Supply Deal With Tencent, Holds Talks With Alibaba, ByteDance and Xiaomi
China’s push to strengthen its semiconductor industry reached another milestone in June 2026 as memory chip maker CXMT reportedly signed a 3 billion DRAM supply deal with Tencent. The company is also in talks with Alibaba, ByteDance, and Xiaomi, signaling rising demand for locally made AI memory chips. As China’s tech giants expand AI infrastructure,…
Samsung Electronics and SK Hynix to Build Four New Chip Fabs Under South Korea’s ₩800 Trillion Semiconductor Mega Project
South Korea is pushing one of the biggest semiconductor expansion plans in the world, worth about ₩800 trillion, or nearly $520 billion. The plan focuses on strengthening chip manufacturing, AI memory production, and advanced semiconductor supply chains. At the center of this move are Samsung Electronics and SK Hynix, two global leaders in memory chips….
German AI Push Could Unlock €300 Billion in Economic Gains as Companies Battle Growing Worker Shortages
Germany’s labor shortage is becoming a major economic challenge in 2026. With hundreds of thousands more workers retiring each year than entering the workforce, businesses are struggling to fill critical roles across manufacturing, engineering, healthcare, and technology sectors. At the same time, artificial intelligence is gaining momentum as a practical solution. Experts estimate that wider…
Gold Price Today: MCX Gold Falls 0.56% to ₹1,43,350 as US-Iran Escalation Fuels Inflation Worries
The Gold Price in India moved lower during the latest trading session as traders reacted to fresh geopolitical developments in the Middle East. On the Multi Commodity Exchange, August gold futures declined by 0.56%, or around ₹804, to ₹1,43,350 per 10 grams. The decline came even as global uncertainty remained high, showing that investors are…
Crypto Prices Today: Bitcoin Climbs to $59,994 and Ethereum Tops $1,580 as US-Iran Tensions and ETF Outflows Shake Markets
Bitcoin climbed close to the $60,000 mark while Ethereum moved above $1,580 in late June 2026, drawing renewed attention from crypto investors worldwide. The gains came despite continued outflows from U.S. spot Bitcoin ETFs and rising concerns over tensions between the United States and Iran. These competing forces have created a highly uncertain market environment….
Astral (NSE: ASTRAL) Shares Tumble 10% to ₹1,339 After Board Approves Chemicals Demerger, Analysts Flag Growth Concerns
Astral shares took a sharp hit on June 29, 2026. Shares of Astral dropped 6.5% to an early market low of ₹1,390 after the opening bell on Monday, June 29, compared to the previous close of ₹1,486.90, according to NSE data. The stock later touched a session low of ₹1,339. The selloff followed board approval…