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Hyundai Motor Group Eyes Full Ownership of Boston Dynamics in $325M SoftBank Stake Buyout
Hyundai Motor Group is taking another major step in its robotics strategy. The South Korean automotive giant is reportedly preparing to acquire SoftBank’s remaining 9.65% stake in Boston Dynamics for $325 million, a move that would make Boston Dynamics a wholly owned subsidiary. The deal comes as Hyundai increases its investments in artificial intelligence, humanoid…
Polestar CEO Pushes EU to Keep 2035 ICE Ban as EV Sales Surge, June 19
Polestar CEO opposes EU’s 2035 ICE ban softening, citing strong EV adoption and infrastructure readiness. European EV sales grew 30% in 2025.
Affirm Stock Falls 5.3% to $70.73 on Valuation Concerns, June 18
Affirm stock fell 5.3% to $70.73 on June 17 amid valuation concerns and sector headwinds affecting the buy-now-pay-later fintech lender.
NBIS Hits Record High on Nasdaq-100 Inclusion, June 18
NBIS stock hits record high at $280.85 on Nasdaq-100 inclusion news. Revenue grew 684% YoY in Q1 2026. Microsoft and Meta are major clients.
Hong Kong High-Speed Rail Expands to 113 Destinations, June 19
Hong Kong high-speed rail expands to 113 destinations from July 1, adding Guangzhoubei, Yiwu, and Fuqingxi stations with quiet cars.
Fed Signals Rate Hike by Year-End as Warsh Takes Helm, June 18
Fed holds rates at 3.5%-3.75% under Chair Warsh. Nine members signal rate hike by year-end. Dollar surges 1%, stocks fall, Treasury yields jump.
Strategy Inc (MSTR) Faces Dividend Strain as Bitcoin Holdings Weigh on Stock
MicroStrategy (MSTR) stock faces pressure as STRC preferred stock trades below par. Dividend coverage and acquisition strategy draw analyst scrutiny.
Strategy Inc (MSTR) Defends Bitcoin Sales as Dilution Fears Mount, June 17
Strategy Inc defends bitcoin sale as strategic move to build credit products and generate preferred dividend revenue amid competition.
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.