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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.
Tesco Sales Growth Halves to 1.8% as Middle East Conflict Dents Shopper Confidence; Stock Falls 2.4%
The slowdown is sharp, even if sales are still rising. Tesco’s UK sales growth more than halved in its first quarter, with comparable sales rising 1.8% to £13.4 billion in the three months to the end of May 2026, down from 4.2% in the prior comparable period. The retailer said weaker consumer confidence and higher…
Body Found in Search for Missing Personal Trainer Elena Moore, June 18
Body matching missing personal trainer Elena Moore found in Lexington, South Carolina. SLED investigating.
EQT Strikes £9.5 Billion Deal for Intertek, Valuing Shares at £61.077 Including FY25 Dividend
Three rejections couldn’t stop this deal. The fourth offer did. Intertek Group agreed to a recommended cash acquisition by EQT. EQT strikes through newly formed Isotope Bidco on June 18, 2026, in a deal valuing the testing, inspection and certification company at approximately £9.5 billion. Intertek shareholders will receive £60 in cash per share and…
Shenzhen Metro Line 13 North Extension Opens June 30, Cuts Travel Time to 45 Minutes
Shenzhen Metro Line 13 north extension opens June 30 with 11 new stations, reducing Guangming to Shenzhen Bay Port travel time to 45 minutes.
Brent Crude Slides 2.2% and WTI Falls 2.5% After U.S.-Iran Agreement Reopens Strait of Hormuz
Brent crude dropped 2.2% and WTI crude fell 2.5% on June 18, 2026, after a breakthrough U.S.-Iran agreement raised expectations that the Strait of Hormuz would reopen to global shipping. The move quickly eased concerns about oil supply disruptions that had pushed prices higher in recent weeks. As traders reassess the balance between supply and…
Evonik Shares Drop as Chemical Giant Plans 3,200 Job Cuts and Exit From Polyester Business by 2027
Evonik shares came under pressure on June 18, 2026, after the German chemicals giant announced plans to cut 3,200 additional jobs and exit its polyester business by 2027. The move is part of a broader effort to reduce costs and improve profitability in a challenging market. While the company hopes the restructuring will strengthen its…
Japan Stocks Hit Record High as Nikkei 225 Surges 1.75%; Ajinomoto and Murata Lead Gains
Japan’s equity market ended sharply higher, with Japan Stocks touching fresh record levels as global investors increased risk exposure. The Nikkei 225 rose 1.75% in a single session, driven by strong buying in technology, electronics, and food-related companies. Market sentiment stayed positive throughout the trading day, supported by strong corporate earnings outlook and steady foreign…
FBI Foils Drone Attack Plot at White House UFC Event, June 18
FBI stops alleged terror plot targeting White House UFC event. Five arrested for conspiracy to commit murder using drones and snipers.