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Kunal Shah’s Biggest Win Yet? Meta’s $900 Million Move Raises New Questions
Kunal Shah has entered a new phase of his career after Meta announced a $900 million investment in CRED and appointed him as the new global leader of WhatsApp. The move is one of the biggest leadership changes in the technology sector this year. It not only strengthens Meta’s presence in India but also raises…
Robinhood (NASDAQ: HOOD) Shares Slide 4% After Unveiling $2 Billion Convertible Notes Offering Due 2029
Robinhood shares dropped roughly 4% on June 22, 2026, after the company announced a major capital raise before market open. Robinhood Markets, Inc. (NASDAQ: HOOD) intends to offer $2.0 billion in convertible senior notes due 2029 in a private placement to qualified institutional buyers under Rule 144A. Shares traded at $108.15 on June 22, within…
SpaceX Shares Fall More Than 5% Premarket, Extending Post-IPO Pullback After Record Rally
SpaceX shares came under pressure on June 22, 2026, falling more than 5% in premarket trading after an extraordinary post-IPO rally that captured Wall Street’s attention. The stock had surged to record highs in the days following its market debut, pushing the company’s valuation to unprecedented levels. Now, investors are weighing whether the recent decline…
AbbVie to Acquire Apogee Therapeutics in $10.9 Billion Deal, Offering Nearly 50% Premium
AbbVie made a major move in the biotech sector on June 22, 2026, announcing a $10.9 billion deal to acquire Apogee Therapeutics. The transaction offers Apogee shareholders nearly a 50% premium and gives AbbVie access to a promising pipeline of immunology treatments. As competition grows in the market for inflammatory disease therapies, this acquisition could…
CRH Eyes $8 Billion Arcosa Acquisition, Potential Deal Values Target at 13.7x EBITDA
CRH made its biggest-ever acquisition official on June 22, 2026, signing a definitive agreement to acquire Arcosa, Inc. (NYSE: ACA) in an all-cash transaction. CRH will pay $150 per share in cash, with the transaction valuing Arcosa at a total enterprise value of approximately $8.5 billion, representing an acquisition multiple of 11.5x 2026E Adjusted EBITDA,…
Huawei’s CloudMatrix Cluster Achieves 30% Utilization After Training DeepSeek’s 1.6-Trillion-Parameter AI Model
Huawei’s AI ambitions reached a new milestone in June 2026 when reports revealed that its CloudMatrix cluster achieved 30% utilization while post-training DeepSeek V4-Pro, a massive 1.6-trillion-parameter AI model. The achievement highlights the growing capabilities of Huawei’s Ascend chip ecosystem at a time when global competition in artificial intelligence infrastructure is intensifying. As China pushes…
Yes Bank Stock (NSE: YESBANK) Edges Lower by 0.3%, Trades at ₹25.33 in Morning Session
Yes Bank (YESBANK) opened the June 22, 2026, session on a soft note. The stock dipped 0.3% to ₹25.33 in early trade on the NSE, pulling back marginally from its previous close. The 52-week high stands at ₹25.78 and the 52-week low at ₹17.20. That range puts today’s price just 1.75% below the yearly peak….
Tata Motors Shares Rise 2% After Securing 3,400+ Electric Commercial Vehicle Orders Across India
Tata Motors shares climbed 2% on June 22, 2026, driven by a significant electric commercial vehicle order win announced the previous day. Commercial vehicle major Tata Motors secured orders for over 3,400 electric commercial vehicles across freight, logistics, and passenger mobility segments on June 21, 2026. The stock’s 52-week range spans ₹306.30 to ₹509.00, with…
Australian Stocks Slip 0.14%; Perenti Global Gains 4.8% While WiseTech Leads Decliners with 17% Drop
Monday, June 22, 2026 handed Australian stocks a difficult start to the week. The S&P/ASX 200 slipped 0.15% by midday. It recovering from an early 0.5% drop as investors reacted to fresh Middle East developments, including claims that the Strait of Hormuz had been shut again. US Vice President JD Vance arrived in Switzerland for…