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NVDA, PLTR Stock Update: AI-Driven Surge in Compute Demand Pushes Nvidia and Palantir Higher
Artificial intelligence spending continues to reshape Wall Street in 2026. Rising demand for AI infrastructure, high-performance chips, and data analytics platforms has helped push shares of Nvidia and Palantir higher. Investors are closely watching both companies as businesses worldwide expand their AI investments and computing needs. The latest stock gains highlight how AI-driven growth is…
Infosys Shares Plunge 8.6% to 52 Week Low of ₹1,030 After Accenture Cuts Growth Outlook
Infosys shares witnessed a sharp selloff in the stock market after global IT major Accenture reduced its growth outlook for the coming fiscal year. The reaction was immediate and heavy, with the stock falling 8.6% to ₹1,030, marking a fresh 52-week low. The decline reflects rising anxiety among investors about global technology demand, especially from…
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,…
US Offers $15M Reward for MS-13 Leaders in Honduras, June 18
US State Department offers $15 million reward for MS-13 gang leaders Archaga Carias and Morales Zelaya operating in Honduras.
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.
Accenture to Acquire Cybersecurity Firms in $4.18B Deal; Shares Fall 5% in Premarket
Accenture (ACN) delivered good strategic news and bad guidance news on the same morning. Accenture will acquire a majority stake in Dragos and fully purchase runZero and NetRise in a $4.18 billion cybersecurity deal. Shares of the Dublin, Ireland-based company fell about 5% in premarket trading, settling near a -5.75% decline. Separately, Accenture cut the…
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…
Allbirds Rebrands as Smartbird, Hires AWS Exec as CEO, June 18
Allbirds rebrands to Smartbird with AWS executive Nadia Carlsten as CEO. Stock surged 600% in April, then fell 77% since AI pivot announcement.
Crypto Prices Today: Bitcoin Falls to $63,661 as Hawkish Fed Signals 2026 Rate Hikes; Moody’s Expands to Solana
Crypto Prices came under pressure on June 18 after the Federal Reserve delivered a hawkish policy message. Bitcoin traded at $63,661, extending recent losses as traders reacted to expectations for higher borrowing costs later this year. The Fed kept rates unchanged but signaled that several policymakers now expect at least one rate hike before the…