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Federal Judge Blocks Trump’s $1.8B ‘Anti-Weaponization Fund’ June 13
Judge Brinkema blocks Trump’s $1.8 billion anti-weaponization fund indefinitely, rejecting DOJ mootness claims despite administration statements.
Labor’s CGT and Negative Gearing Reforms Reshape Australian Tax System, June 13
Labor’s 2026 Budget replaces the 50% CGT discount with inflation indexation and a 30% minimum tax on capital gains from July 2027.
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…
Indian Stock Market Week Closing: Sensex Gains 2.30% to 75,527 as Bulls Eye 76K Resistance Zone
The Indian stock market closed the week on a strong bullish note. The Sensex jumped 2.30% to close at 75,527, marking one of the strongest weekly recoveries in recent sessions. The Nifty also followed the upward trend, supported by heavy buying in financial and blue-chip stocks. We saw strong risk-on sentiment across Dalal Street. Global…
FTSE 100 Rises 0.85% as US-Iran Deal Hopes Boost Risk Sentiment Despite UK GDP Dip
The FTSE 100 index rose by 0.85% in recent trading sessions as investor sentiment improved following renewed hopes of a potential diplomatic agreement between the United States and Iran. The positive global mood helped offset weaker economic data from the United Kingdom, where GDP figures showed a slight dip. The movement in the FTSE 100…
Bitcoin Holds Near $63,579 as Hot PPI and SpaceX’s Record IPO Drain Liquidity From Crypto Markets
This is not a Bitcoin story. It is a macro story, and Bitcoin is absorbing it. Bitcoin holds near $63,579 on June 12, 2026, after briefly climbing above $63,500 before retracing sharply as US Producer Price Index (PPI) data for May came in at 6.5% year-over-year above consensus and directly revived rate-hike fears that had…
Vedanta Demerger: Four Companies List on June 15 as Restructuring Completes
Vedanta’s four demerged entities—Aluminium, Oil & Gas, Power, and Iron & Steel—list on NSE and BSE on June 15, 2026. Shareholders received 1:1 share…
SOFI Stock Surges 5.04% to $16.67: SoFi Technologies Director Gains 18,388 Shares Through RSU Settlement—Bullish Signal?
Sofi Stock attracted significant attention after shares of SoFi Technologies Inc. climbed 5.04% to $16.67 in a strong trading session. The gain came as investors assessed a recent regulatory filing showing that a company director received 18,388 shares through the settlement of restricted stock units (RSUs). The stock’s move higher reflects growing optimism around SoFi’s…
AVGO Shares Jump 3.62%: Broadcom Inc Looks Costly at 33.3x Earnings, But the 2028 Outlook Tells a Different Story
Broadcom Inc (AVGO) is back in focus after its shares jumped 3.62% in recent trading. The move reflects strong investor confidence in the semiconductor and AI infrastructure space. But there is a debate building in the market. On one side, Broadcom Inc looks expensive at around 33.3x earnings. On the other side, long-term investors see…