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Micron’s Results Show Why the AI Boom Is Getting More Expensive
The artificial intelligence race is accelerating fast. Tech giants are buying hardware at an unprecedented pace. This massive spending surge became completely clear on June 24, 2026. On that day, chipmaker Micron reported its third-quarter financial results. The numbers completely shattered previous Wall Street records. The stunning data shows a massive shift in technology spending….
HDFC AMC to Report June Quarter Results on This Date; Key Details Inside
HDFC Asset Management Company (HDFCAMC) is gearing up to report its June quarter (Q1 FY27) results in July 2026. HDFC AMC’s board approved Q4 FY26 results on April 16, 2026. Following this pattern, the Q1 FY27 board meeting is expected in mid-to-late July 2026. For FY26, net profit rose 16.17% to ₹2,858.06 crore, while sales…
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…
Samsung Unveils $648 Billion AI Investment Plan to Power South Korea’s Future
Samsung Group is making history on June 26, 2026. Samsung Group plans on Monday, June 29, to pledge investment of 1,000 trillion won ($648 billion) in South Korea over 10 years, part of an initiative that aims to turn the country’s AI boom into a nationwide growth engine. Top executives from Samsung Electronics and SK…
S&P 500, Dow Futures Rise Despite Big Tech Losses and Hot Inflation; AAPL, MSFT, BABA in Focus
U.S. stock market futures edged higher on June 27, 2026, even as major technology stocks faced renewed selling pressure and fresh inflation data came in hotter-than-expected. The surprising market resilience has shifted investors’ attention to whether the broader rally can continue despite concerns over interest rates. At the center of the action are Apple (AAPL),…
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…
NZX Midday: Vulcan Steel Climbs, KMD Brands Falls Following NZ$208M Debt Refinance
The NZX Midday session delivered mixed trading as investors reacted to company-specific developments across New Zealand’s stock market. Vulcan Steel moved higher after attracting buying interest, while KMD Brands slipped following its announcement of a NZ$208 million debt refinancing package. The session also reflected cautious sentiment across sectors as investors assessed corporate balance sheets, funding…
Volkswagen (ETR: VOW3) Shares Rise 2.4% as Everllence Deal Promises €7.4B Proceeds
Volkswagen Group (ETR: VOW3) gave markets a clean catalyst on June 25, 2026. The Volkswagen Group entered into an exclusive arrangement with Bain Capital for the sale of its majority stake in Everllence 51% of the shares are to be transferred. The leveraged buyout transaction generates proceeds of approximately €7.4 billion for Volkswagen. Volkswagen intends…
Dutch Court Clears Class-Action Suit Against Sony Over PlayStation Store Pricing
Sony Group Corporation (NYSE: SONY) faces a major legal challenge in Europe. A court in the Netherlands validated a class-action claim against Sony over prices for PlayStation games and will take up the lawsuit from June 29. Stichting Massaschade & Consument was authorized to represent around 1.7 million PlayStation players in the country. The group…