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American Funds Invmt Co of Amer R2

Stay Updated with the Latest American Funds Invmt Co of Amer R2 RICBX News in Real Time

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RICBXNASDAQ
Financial ServicesAsset Management
$66.37
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Amazon Pledges Additional $13B India AI Investment by 2030
📅 4 hours ago

Amazon Pledges Additional $13B India AI Investment by 2030

Amazon (NASDAQ: AMZN) made a landmark commitment to India on June 25, 2026. Amazon CEO Andy Jassy met Prime Minister Narendra Modi in New Delhi and announced plans to invest an additional $13 billion to expand AI and cloud infrastructure in India. The new commitment brings Amazon’s total planned investment in India to $48 billion…

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Liontrust (LON: LIO) Shares Jump 12% as Operating Margin Beats Forecast at 24%
📅 7 hours ago

Liontrust (LON: LIO) Shares Jump 12% as Operating Margin Beats Forecast at 24%

Introduction Liontrust Asset Management (LON: LIO) delivered one of its strongest single-session moves in years on June 24, 2026. Liontrust stock surged 12.4% to reach 330.4p after the independent fund manager published its annual results for the financial year ended March 31, 2026, delivering an adjusted operating margin of 24% ahead of the analyst consensus…

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Sterlite Tech (NSE: STLTECH) Shares Hit 5% Upper Circuit After QIP Launch at ₹613.69 Floor Price
📅 7 hours ago

Sterlite Tech (NSE: STLTECH) Shares Hit 5% Upper Circuit After QIP Launch at ₹613.69 Floor Price

Sterlite Tech shares surged sharply on June 25 after the company launched its Qualified Institutional Placement, also known as QIP, at a floor price of ₹613.69 per share. The stock hit the 5% upper circuit, reflecting strong buying interest and positive sentiment around the fundraising plan. The move comes after a massive rally in the…

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SK Hynix Targets $29.4B U.S. Listing as AI Chip Demand Fuels Investor Interest
📅 8 hours ago

SK Hynix Targets $29.4B U.S. Listing as AI Chip Demand Fuels Investor Interest

SK Hynix is moving closer to a major milestone in the global semiconductor industry. On June 24, 2026, the South Korean memory-chip giant announced plans for a U.S. listing that could raise up to $29.4 billion.  The move comes as demand for AI chips continues to surge worldwide, driven by rapid investment in data centers…

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Asia Stocks Mixed as KOSPI Jumps 3.3% While Indonesia Falls 2.4%
📅 1 day ago

Asia Stocks Mixed as KOSPI Jumps 3.3% While Indonesia Falls 2.4%

We observed significant volatility across major regional indices on June 24, 2026. The broader Asia stocks landscape delivered a highly lopsided trading session for global macro participants. South Korea staged a spectacular technology-led recovery. Meanwhile, Southeast Asian risk assets buckled under index reclassification fears. This divergence shows how localized corporate catalysts are dictating regional equity…

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SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom
📅 1 day ago

SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom

On June 24, 2026, SK Hynix announced plans for a massive $29.4 billion Nasdaq listing, marking one of the biggest overseas fundraising efforts by a South Korean company. The move comes as demand for AI-focused memory chips continues to soar worldwide.  As a leading supplier of high-bandwidth memory (HBM) used in advanced AI systems, SK…

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Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps
📅 1 day ago

Rheinmetall (ETR: RHM) Falls 15% After Germany Scraps F126 Frigate Program; TKMS Jumps

Rheinmetall shares came under strong pressure after Germany made a surprise decision to cancel the F126 frigate program. The move triggered a sharp reaction across European defense stocks, with investors reassessing future naval contracts and long-term order visibility. The cancellation also shifted attention toward rival shipbuilder TKMS, which saw a strong upside in trading. The…

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Liontrust (LON: LIO) Rises 12% After Outflows Narrow to £276M in Current Quarter 
📅 1 day ago

Liontrust (LON: LIO) Rises 12% After Outflows Narrow to £276M in Current Quarter 

Liontrust shares surged about 12% in late June 2026 after the UK asset manager reported quarterly net outflows of £276 million, a sharp improvement from previous periods. The update gave investors fresh confidence that the company’s long struggle with client withdrawals may be starting to ease. While outflows have not disappeared, the trend is moving…

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Liotech Industries Share Price Debuts 20% Down at ₹257 Against ₹321 IPO Price
📅 1 day ago

Liotech Industries Share Price Debuts 20% Down at ₹257 Against ₹321 IPO Price

Liotech Industries made a weak stock market debut on June 24, 2026, as its shares listed at ₹257 on the BSE SME platform, nearly 20% below the IPO price of ₹321. The disappointing start came despite the issue receiving moderate investor interest during the subscription period.  The sharp decline has raised concerns about valuations and…

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