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Kroger Stock Falls 8% After Q1 Earnings Miss on Margin Pressure
Kroger stock fell 8% after Q1 earnings miss despite revenue beat. Gross margins compressed from diesel costs and price cuts; e-commerce profitable.
New Defra Minister Faces Farming Crisis as Costs Soar, June 20
New Defra minister Stephen Morgan warns of severe farming pressures from rising fuel and fertiliser costs squeezing UK agriculture.
Yann LeCun Warns AI Industry Faces Bubble Risk as xAI Struggles, June 20
Yann LeCun warns xAI faces failure and AI labs risk bubble if they don’t cut costs or raise prices amid high infrastructure spending.
SpaceX Stock Falls 6.5% as Post-IPO Rally Cools, June 20
SpaceX stock falls 6.5% to $178.50 after post-IPO rally fizzles amid valuation concerns and profit-taking.
Air New Zealand CEO Bets on AI as Tech Challenges Mount, June 20
Air New Zealand’s CEO pursues AI-powered airline strategy amid fuel costs and currency headwinds.
Scottish Crime Boss Steven Lyons Loses Extradition Fight, June 20
Scottish crime boss Steven Lyons loses extradition bid in Dutch court. He faces trial in Spain for drug trafficking and money laundering.
Temasek Invests ₹1,000 Crore in Svakarma Microfinance, June 20
Temasek invests ₹1,000 crore in Svakarma, a microfinance company serving India’s micro businesses and supporting financial inclusion.
ElevationSpace Raises ¥6.4B in Series B, Eyes Global Space Market
ElevationSpace secures ¥6.4B Series B funding for reentry satellite technology, bringing total funding to ¥10.1B for space-to-Earth cargo transport.
Sumitomo Mitsui SBI Net Bank Launches WealthNavi Campaign, June 20
住信SBIネット銀行のWealthNavi キャンペーン：新規口座開設で最大12,000円キャッシュバック。2026年6月19日～9月18日開催。