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Yum Brands Sells Pizza Hut for $2.7B to LongRange Capital, June 17
Yum Brands sells Pizza Hut to LongRange Capital and Yum China for $2.7B, splitting operations as the brand faces declining sales.
GOOGL Stock $373.25 Rises 1.06% (+$3.90) While CMA Demands Fairer Google Search Results
GOOGL moved higher on June 17, 2026, even as fresh regulatory pressure landed from across the Atlantic. Alphabet’s Class A shares traded at $373.25, up from a previous close of $369.35, with an intraday range of $367.06 to $376.00 and a market cap of $4.55 trillion. On the same day, the UK’s Competition and Markets…
NeoVolta Stock Jumps 20% After Needham Initiates Buy Rating With $8 Target, Signaling 300% Upside
NeoVolta stock jumped about 20% in mid-June 2026 after Needham & Company initiated coverage with a Buy rating and an $8 price target. The move caught investors’ attention as energy storage demand continues to grow in the U.S. It also reflects renewed optimism around small-cap clean energy manufacturers. Shares remain volatile, but the bullish analyst…
Billionaire Gerko Loses £22.5M Tax Battle at UK Supreme Court, June 17
Alex Gerko loses UK Supreme Court tax battle, ordered to pay £22.5 million on deferred trading profits from GSA Capital Partners.
S&P/NZX 50 Index Falls 0.25% (-33.15) as NZ Consumer Confidence Drops 14.3 Points to 80.4
The S&P/NZX 50 Index closed lower, falling by 0.25 percent or 33.15 points, as weak economic data weighed on investor sentiment in the New Zealand stock market. The decline came after the latest survey showed that New Zealand consumer confidence dropped by 14.3 points to 80.4, signaling growing caution among households. The combination of weaker…
Samsung Sees Growing Chip Orders From BYD, Google, AMD and Tesla as Tight TSMC Capacity Fuels AI Demand
The global AI race is creating fresh opportunities for Samsung. As demand for advanced AI chips continues to outpace manufacturing capacity, more technology companies are exploring alternative foundry partners. Industry sources now indicate that Samsung is receiving increasing production requests from BYD, Google, AMD, and Tesla, highlighting a potential turning point for its contract chip…
Yum! Brands Sells Pizza Hut for $2.7 Billion, Authorizes $4B Buyback
Yum! Brands sells Pizza Hut for $2.7 billion to LongRange Capital and Yum China, authorizes $4 billion share buyback program. Deal closes Q3 2026.
Yes Bank Shares Jump 6.5% to Rs 25.45, Extend Gains to 4th Straight Session; Up 15% in 4 Days
Yes Bank shares witnessed another strong trading session as the private sector lender continued its impressive upward momentum. The stock surged 6.5 percent to Rs 25.45, marking its fourth consecutive day of gains. Over the last four trading sessions, the banking stock has delivered an impressive 15 percent return, attracting significant attention from retail and…
Government Likely to Approve Dixon Technologies LTD-Vivo JV in June; Shares Rise 3.96%
Dixon Technologies LTD is back in the spotlight. The company’s stock jumped around 3.96% as investors reacted to reports that the Indian government may soon approve its long-awaited joint venture (JV) with Chinese smartphone maker Vivo. The development has created fresh excitement in the electronics manufacturing sector. We are seeing strong market optimism because this…