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Vimeo Owner Bending Spoons Prices $1.68 Billion IPO Above Range Ahead of U.S. Market Debut
Bending Spoons has made a strong entrance into the U.S. public market by pricing its initial public offering above the expected range on July 1, 2026. The Italian software company raised $1.68 billion, signaling robust investor demand despite a cautious IPO environment. Known for acquiring well-known digital platforms like Vimeo, the company is drawing global…
Student Loan Overhaul Takes Effect: New Borrowing Limits and Repayment Rules Explained for Students and Parents
On July 1, 2026, major changes to federal student loans officially take effect in the United States. The overhaul reshapes how millions of students and parents borrow and repay education debt. It comes at a time when student loan debt has reached about $1.7 trillion nationwide. New limits, updated repayment rules, and fewer loan options…
Vedanta Iron and Steel Shares Soar 94% Since Listing at ₹20, Hit Upper Circuit at ₹38.78
Vedanta (VEDL) Iron and Steel shares extended their blistering rally today, July 1, 2026. The stock touched an intraday high of ₹38.78 on the NSE, locking in a 10% upper circuit. That marks a 93.9% gain from its ₹20 listing price on June 15. The rally comes days after the stock exited its mandatory Trade-to-Trade…
FTSE 100 Drops 0.29% Amid Fresh Iran-Qatar Mediation Efforts and Uncertainty Over Inflation Path
The FTSE 100 dropped 0.29% in early trading as investors weighed fresh diplomatic efforts between Iran and Qatar against ongoing concerns over the UK’s inflation outlook. The market remained cautious despite signs of easing geopolitical tensions, with attention shifting to upcoming economic data and the outlook for interest rates. As of late June 2026, uncertainty…
HUDCO (NSE: HUDCO) Shares Jump Over 3% as Q1 Loan Sanctions Surge 93% YoY to ₹65,485 Crore
Housing and Urban Development Corporation (HUDCO) began FY2026-27 on a strong note with provisional Q1 business numbers released on July 1, 2026. The state-owned lender reported a 93% year-on-year jump in loan sanctions to ₹65,485 crore, while loan disbursements also posted solid growth. The update pushed HUDCO shares up more than 3% in early trade,…
Tata Elxsi (NSE: TATAELXSI) and Tata Technologies Shares Fall Up to 6% as KPIT’s Weak Q1FY27 Outlook Weighs on Sentiment
On July 1, 2026, shares of Tata Elxsi and Tata Technologies dropped by up to 6% after KPIT Technologies issued a weaker-than-expected business outlook for Q1FY27. The update raised fresh concerns about slowing demand in the global automotive technology sector, especially from European carmakers. Although the Tata companies made no negative announcements of their own,…
M&M Ltd Share Price Rises 2.56% as Mahindra & Mahindra Sales Jump 37% in June to 1.06 Lakh Units
Mahindra & Mahindra reported total sales of 1,06,207 vehicles in June 2026. This marks a strong 37% jump from the same month last year. The impressive numbers lifted M&M Ltd shares by 2.56% in early trading as investors cheered the company’s growth momentum. Strong demand for SUVs and commercial vehicles is helping the automaker outperform…
Zee Media Share Price Rises 1% After ₹19.12 Crore Fundraise; FII Upps Stake to 3.33% via Warrant Conversion
Zee Media’s shares rose nearly 1% after the company announced a fresh capital infusion of ₹19.12 crore through warrant conversion. The move also pushed Foreign Institutional Investor (FII) ownership to 3.33%, highlighting growing institutional interest in the media company. The development comes as investors look for signs of recovery and stronger financial positioning in India’s…
Wix-Owned Base44 Unveils Its Own AI Model to Improve App Creation and Reduce Dependence on External LLMs
Base44 has become the first app-creation platform to deploy its own large language model in production. The Wix-owned company announced its proprietary model, Base 1, on June 29, 2026, now actively serving users on the platform. Until now, Base44 relied on foundation models from OpenAI and Anthropic to power its natural-language app-building experience. Wix acquired…