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On The Border Files Chapter 7 as 155 Locations Close, June 21
On The Border Mexican Grill & Cantina files Chapter 7 liquidation after closing 155 locations. Five franchise locations remain open.
Moomoo Securities Faces 3-Month Ban on New Accounts, June 21
Japan’s FSA suspended moomoo Securities’ new account sign-ups for 3 months due to false NISA claims and weak cybersecurity controls.
Zaggle Prepaid Inks 5-Year PNB Deal as Profits Surge 30%, June 20
Zaggle Prepaid partners with PNB for co-branded credit cards. Q4 FY26 net profit surges 30.42% to Rs 40.60 crore, revenue rises 49.94%.
SpaceX Stock Drops 8.75% After Cursor Deal, Valuation Questioned
SpaceX stock fell 8.75% after Cursor acquisition. Morningstar values it at $62; Oppenheimer targets $250. Market cap: $2.8 trillion.
Accenture Stock Plunges 18% on Weak Guidance, June 20
Accenture stock falls 18% to lowest level since 2017 after cutting revenue guidance to 4% growth amid AI and geopolitical concerns.
Vegas Casino Stocks Face Regulatory Headwinds as Online Gambling Stalls
Texas online gambling stalls until 2027 amid regulatory delays. SkyCity resolves Adelaide compliance issues. Casino stocks face sector headwinds.
Cuba Approves 176 Free-Market Reforms in Historic Economic Shift, June 20
Cuba approves 176 free-market reforms to open economy and attract investment amid US embargo. Most significant economic shift since 1959 revolution.
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.
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.