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SpaceX to Acquire Cursor Developer Anysphere in $60 Billion All Stock Deal, Report Claims
A major development in the technology and space industry has emerged as reports suggest that SpaceX is planning to acquire Anysphere, the developer behind the popular AI coding tool Cursor, in a massive $60 billion all stock deal. If confirmed, this would mark one of the largest technology acquisitions involving a private space company expanding…
Olin and Huntsman strike $12.5 billion all-stock merger to create chemicals giant
Olin and Huntsman announced a $12.5 billion all-stock merger on June 16, 2026, creating one of the largest integrated chemical companies in North America. The deal comes at a time when chemical manufacturers are facing weaker demand, higher costs, and growing pressure to improve efficiency. By combining their operations, the companies aim to strengthen their…
SpaceX stock trades near $211.75 premarket, pushing valuation closer to $3 trillion
SpaceX stock continued its remarkable run on June 16, 2026, with shares trading near $211.75 in premarket activity. The surge has pushed the company’s market valuation closer to the $3 trillion milestone, only days after its historic Nasdaq debut. Investors remain focused on SpaceX’s leadership in space technology, Starlink’s growth, and future AI-driven opportunities. As…
NASA and Loft Orbital Successfully Run Gemma 3 AI Model in Orbit to Summarize Earth Observation Data
The use of artificial intelligence in space exploration has entered a new chapter. In a major technological breakthrough, NASA and Loft Orbital successfully operated DeepMind’s Gemma 3 AI model in orbit, enabling the system to summarize Earth observation data directly from space. The achievement demonstrates how advanced AI can process large amounts of information closer…
Top 5 US Equity Picks June 2026: Meyka AI Portfolio System Tracks Winning Stocks in Real Time
Picking the right US equity picks in June 2026 is not guesswork. The Meyka AI portfolio system scans thousands of stocks on the NYSE and NASDAQ in real time, grades each one, and surfaces the names showing the strongest market signals. This month, five mega-cap and large-cap names rose to the top. They carry a…
IFC Funds $80M Sheraton Addis Expansion, Creates 9,400 Jobs in Ethiopia
IFC commits $80 million to MIDROC Ethiopia for Sheraton Addis refurbishment and new hotel development, generating 9,400 jobs.
BAE Systems Buys Back 25.5M Shares at 1,918p, June 15
BAE Systems completes 25.5M share buyback at 1,918p average price. Defence firm signs Japan cyber deal as markets rally.
Malaysian Police Investigate Rosmah Property Claims, June 16
Police investigate allegations linking Rosmah Mansor to US$13 million New Jersey property and fake social media account.
Former Police Deputy Chief Yuan Xujiian Takes Food Safety Role, June 16
Hong Kong government appoints former police deputy chief Yuan Xujiian as Food and Environmental Hygiene Department director, effective June 16, 2026.