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OpenAI Reportedly Pushes IPO to 2027, Focuses on $1 Trillion Valuation
OpenAI is stepping back from its aggressive 2026 IPO timeline. The ChatGPT maker is leaning toward a 2027 IPO, later than earlier expectations of a possible 2026 listing, according to the New York Times. CEO Sam Altman pushed advisers to secure a $1 trillion valuation at listing. That target is a steep climb from its…
Elon Musk Loses Trillionaire Status as Tesla and SpaceX Valuations Fall
As of June 2026, Elon Musk is no longer a trillionaire after falling valuations at Tesla and SpaceX (SPCX) stock erased billions from his estimated fortune. The sharp decline came as technology stocks faced renewed selling pressure and investors pulled back from high-growth companies. Even after the setback, Musk remains the world’s richest person, showing…
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),…
Waterways Leisure Tourism IPO Allotment: Check GMP and Share Status Online
We trace important trends for the newly closed public book-built issue. The bidding process officially concluded on June 25, 2026. All eyes now turn to the upcoming allocation process next week. Tracking the shifting IPO GMP gives vital clues about listing gains. Key Offering Details The firm targeted a total issue size of ₹585 crore….
IBM Shares Waver After Unveiling Fingernail-Sized AI Chip
IBM drew global attention on June 25, 2026, after unveiling a fingernail-sized AI chip designed to deliver faster computing while using less power. The breakthrough marks another step in the race to build more efficient AI hardware. Yet the company’s shares showed mixed movement as investors looked beyond the innovation and focused on its commercial…
Apple Price Hike: Updated Prices of MacBook Neo, iPads, Mac mini M4, and HomePod
Apple (AAPL) implemented its largest mid-cycle hardware price hike in recent history on June 25, 2026, catching the market off guard. The MacBook Neo now starts at $699, while the M5 MacBook Air begins at $1,299. The HomePod mini rose to $129 from $99, the HomePod climbed to $349, the iPad Air jumped to $749…
Apple, Microsoft Raise Prices As Rising Chip Costs Pressure Tech Industry
The global technology industry is entering a new pricing cycle. Apple and Microsoft have announced higher prices for several products as memory and storage chip costs continue to surge. The rapid expansion of artificial intelligence infrastructure has pushed demand for advanced semiconductors to record levels, leaving consumer electronics companies with higher production costs. For investors,…
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…