SPKLU News Today: Stay Updated with the Latest Spark I Acquisition Corp. Unit News in Real Time
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Meta Stock Slips as Zuckerberg Admits AI Restructuring Mistakes, June 13
Meta stock fell 0.25% as CEO Zuckerberg acknowledges AI restructuring mistakes. Company commits to no company-wide layoffs in 2026.
Singapore Fire Evacuates 120 from Sengkang HDB, Six Hospitalized June 13
Fire at Sengkang HDB Block 125 evacuates 120 residents, six hospitalized with smoke inhalation. SCDF extinguished blaze in bedroom.
Shell Plans $1B Offshore Wind Sale, Pivots to Fossil Fuels, June 13
Shell divests $1 billion in offshore wind assets, pivoting toward fossil fuels under CEO Wael Sawan’s strategy.
Microsoft Stock Falls 1.77% as Xbox Overhaul Weighs on AI Spending, June 12
Microsoft stock fell 1.77% to $390.34 on June 11 amid Xbox restructuring and AI spending scrutiny, offset by strong Azure growth.
Adobe Stock Falls 13% on CFO Exit Despite Record Q2 Earnings, June 12
Adobe stock drops 13% to $202.89 despite beating Q2 earnings and raising guidance. CFO Dan Durn exits for Marvell as CEO search continues.
Shell Pauses $3B Buyback as ARC Acquisition Vote Nears, June 13
Shell pauses $3B buyback program from June 12 to July 14 ahead of ARC Resources acquisition shareholder vote. Stock trades at $85.71, down 0.40%.
Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
Cash App is making a major move beyond digital payments and personal finance by launching a new wireless phone service. The company has introduced a $40 per month unlimited phone plan that operates on the AT&T network, marking its entry into the highly competitive telecommunications market. The launch represents one of the biggest expansions in…
Tesla (NASDAQ: TSLA) Pre-Market Hits $402.00 (+0.71%) as SpaceX IPO Order Book Closure Sparks Momentum
TSLA shares rose in pre-market trading to $402.00, marking a 0.71% increase as investor sentiment strengthened following news related to SpaceX IPO order book closure. The movement reflects renewed excitement across high-growth technology and space-related assets, which often influence Tesla’s market perception due to Elon Musk’s leadership across multiple companies. The rise in TSLA stock…
SpaceX Debuts at $1.77 Trillion Valuation on Record $75B IPO, June 12
SpaceX raises record $75 billion in IPO at $135 per share, valuing the company at $1.77 trillion. Trading begins June 12 under ticker SPCX on Nasdaq.