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Volkswagen CEO Plans To Cut 100,000 Jobs In Major Overhaul
📅 10 hours ago

Volkswagen CEO Plans To Cut 100,000 Jobs In Major Overhaul

Volkswagen is preparing for one of the biggest restructuring plans in its history. Reports suggest CEO Oliver Blume wants to reduce the global workforce by as many as 100,000 employees over the next few years while lowering investment spending and reshaping the group’s business. The reported plan comes as the German automaker faces slower demand…

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Kospi Slumps as SoftBank Selloff Hits Asian Markets
📅 15 hours ago

Kospi Slumps as SoftBank Selloff Hits Asian Markets

Asian stock markets came under heavy pressure on June 26, 2026, as a sharp selloff in SoftBank shares triggered fresh concerns across the technology sector. South Korea’s Kospi also fell, with chip giants leading the losses as investors pulled back from AI-related stocks after months of strong gains. The market reaction highlights growing caution over…

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Live Market: Sensex up 530 pts, Nifty +0.64% at 24,175; Maruti, M&M, Eicher gainers
📅 1 day ago

Live Market: Sensex up 530 pts, Nifty +0.64% at 24,175; Maruti, M&M, Eicher gainers

Indian stock markets extended their winning streak on June 25, with the Sensex climbing more than 530 points and the Nifty advancing 0.64% to 24,175 during intraday trade. The rally was driven by strong buying in auto stocks, led by Maruti Suzuki, Mahindra & Mahindra, and Eicher Motors.  Falling crude oil prices and improving global…

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Take-Two Sets GTA VI Release for PS5 and Xbox Series X|S on November 19, 2026 at $79.99 
📅 2 days ago

Take-Two Sets GTA VI Release for PS5 and Xbox Series X|S on November 19, 2026 at $79.99 

GTA VI has a firm price and a launch date. Take-Two Interactive confirmed on June 24, 2026, that Grand Theft Auto VI will launch on November 19 at $79.99 for PS5 and Xbox Series X|S. TTWO stock climbed roughly 3% in premarket trading after the announcement, with Bank of America simultaneously raising its price target…

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Rheinmetall Sinks 16% as Germany Scraps €12.8B F126 Frigate Program 
📅 2 days ago

Rheinmetall Sinks 16% as Germany Scraps €12.8B F126 Frigate Program 

Rheinmetall (ETR: RHM) suffered its worst single-day drop ever on June 24, 2026, falling as much as 16% intraday before stabilizing around –13% by 09:06 GMT. Germany’s defence ministry scrapped the delayed F126 frigate program, eliminating a €12.8 billion contract that Rheinmetall had been set to lead. TKMS shares surged 9.8% in response, marking the…

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Bajaj Auto Ltd (NSE: BAJAJ-AUTO) Hit by Ransomware Attack, Shares Down 1.81% at 9,844 INR
📅 3 days ago

Bajaj Auto Ltd (NSE: BAJAJ-AUTO) Hit by Ransomware Attack, Shares Down 1.81% at 9,844 INR

Bajaj Auto Ltd disclosed on June 23, 2026, that a ransomware attack had affected its systems and those of its subsidiary, Bajaj Auto Technology Ltd. The news quickly caught investors’ attention, sending the stock down 1.81% to around ₹9,844 on June 24.  While the company said operations remain protected, the incident highlights the growing cyber…

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AI Startup Baseten Reaches $13 Billion Valuation After Raising $1.5 Billion in New Funding Round
📅 4 days ago

AI Startup Baseten Reaches $13 Billion Valuation After Raising $1.5 Billion in New Funding Round

AI infrastructure startup Baseten has made headlines after raising $1.5 billion in a new funding round that boosted its valuation to $13 billion in June 2026. The deal highlights the growing investor focus on the technology that powers AI applications behind the scenes.  As businesses rush to deploy AI tools at scale, companies that help…

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Wall Street Rally in Focus as S&P 500 Hits 7,500.58 Ahead of Micron Results and PCE Report 
📅 4 days ago

Wall Street Rally in Focus as S&P 500 Hits 7,500.58 Ahead of Micron Results and PCE Report 

The S&P 500 heads into the week of June 22, 2026, with real momentum and real data risk in equal measure. The S&P 500 closed at 7,500.58 on June 18, 2026, with the next data release date set for June 22. Despite the Fed striking a more hawkish tone last week, US equities posted gains,…

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SpaceX Shares Fall More Than 5% Premarket, Extending Post-IPO Pullback After Record Rally
📅 4 days ago

SpaceX Shares Fall More Than 5% Premarket, Extending Post-IPO Pullback After Record Rally

SpaceX shares came under pressure on June 22, 2026, falling more than 5% in premarket trading after an extraordinary post-IPO rally that captured Wall Street’s attention. The stock had surged to record highs in the days following its market debut, pushing the company’s valuation to unprecedented levels.  Now, investors are weighing whether the recent decline…

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