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Yum Brands Sells Pizza Hut for $2.7B, Exits 50-Year Legacy
Yum Brands sells Pizza Hut for $2.7 billion to LongRange Capital and Yum China, ending 50 years of shared ownership amid U.S. delivery competition.
XRP Holds at $1.13 as $1.4 Billion ETF Inflows Meet Key $1.30 Resistance
XRP is consolidating in a tight range this June. XRP price traded near $1.13 on June 12, 2026, after dipping as low as $1.09 during the session, setting a fresh year-to-date low. Spot XRP ETF inflows have reached $1.43 billion in cumulative capital since launching in November 2025, even as the price kept declining. That…
SanDisk Jumps 11% as Apple Confirms Memory Price Pass-Through, June 19
SanDisk stock surges after Apple confirms memory price hikes unavoidable amid chip shortage, boosting NAND flash supplier pricing power.
Admiral Shares Drop 4% After RBC Downgrade and Price Target Cut to 3,450p
Admiral Group shares came under pressure after RBC Capital Markets downgraded the stock and reduced its price target to 3,450p, triggering a sharp 4% decline in trading. The move reflects growing concerns about future earnings growth, dividend prospects, and challenges in the UK motor insurance market. As investors reassess the insurer’s outlook in June 2026,…
Yatra Online Shares Jump 6% to ₹117.80 on Reports of Potential 15 to 20% Stake Purchase in Ixigo
The rally in Yatra Online shares grabbed investors’ attention after reports suggested that Ixigo could acquire a 15% to 20% promoter stake in the online travel company. The market viewed the development as a possible step toward consolidation in India’s fast-growing online travel industry. The stock climbed to ₹117.80, gaining nearly 6% during Friday’s trade,…
Crypto Prices Today: Bitcoin Recovers From $62,557 Lows as Iran Peace Pact Eases Fed Hawkishness Concerns
Crypto prices today reflect a market caught between two competing forces. Bitcoin fell toward $63,964 after the Federal Reserve kept rates steady on June 17 but signaled possible tightening later in 2026, with markets increasing bets on at least one 25 basis point hike by year-end. President Trump confirmed a signing ceremony for the formal…
MCX Gold & Silver: Gold Slips Near ₹1.47 Lakh, Silver Crashes ₹6,000 per Kg Amid Fed Concerns
MCX Gold & Silver prices tumbled sharply on June 19, 2026. MCX Gold futures opened weak around ₹1,47,175 per 10 grams and slipped further to ₹1,47,196, down 1.42% intraday from a previous close of ₹1,49,309. Silver fared worse. MCX Silver July futures opened sharply lower at ₹2,32,371 per kg and crashed to ₹2,30,774, down 2.86%…
HFCL Shares Hit Upper Circuit for Second Straight Day After Winning ₹2,666 Crore BharatNet Order
HFCL shares continued their strong rally after the company secured a massive ₹2,666 crore BharatNet Phase III contract from Rail Vikas Nigam Limited (RVNL). The stock hit its upper circuit for the second straight trading session, drawing significant attention from investors. Announced in June 2026, the deal strengthens HFCL’s position in India’s fast-growing telecom infrastructure…
Nifty IT Index Tanks 6.5%; Infosys, Mphasis, TCS Lead ₹IT Selloff Following Accenture Forecast Cut
Nifty IT witnessed one of its biggest single-day declines in 2026 after global consulting and technology giant Accenture lowered the upper end of its FY26 revenue growth guidance. The disappointing outlook sparked a broad-based selloff across Indian IT stocks as investors reassessed earnings expectations for the sector. Heavyweights including Infosys, TCS, HCLTech, Wipro, Tech Mahindra,…