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Fomo Raises $75 Million at $550 Million Valuation After Processing $4 Billion in Crypto Volume
Fomo closed a $75 million Series B on June 22, 2026, valuing the one-year-old crypto social trading app at $550 million. Index Ventures led the round, joined by Union Square Ventures and existing backer Benchmark. The raise brings Fomo’s total disclosed funding to approximately $94 million, following a $17 million Series A led by Benchmark…
Telecom Plus Shares Crash 30% After Warning 2027 Profits Will Be Meaningfully Lower
Telecom Plus shocked investors after warning that profits for the financial year ending March 2027 will be significantly lower than the year just reported. The market reacted sharply, sending the stock down more than 30% in early trading. The selloff came even though the Utility Warehouse owner delivered record customer numbers, higher revenue, and solid…
SpaceX Shares Plunge 31% From Post-IPO Peak, Fall Over 16% in One Day Despite Raising $85 Billion in Landmark Listing
SpaceX has witnessed a sharp reversal in investor sentiment just days after completing the largest IPO in market history. After soaring following its Nasdaq debut, the stock has now fallen about 31% from its post IPO peak and dropped more than 16% in a single trading session, erasing a large portion of its early gains….
Bharti Airtel (NSE: BHARTIARTL) Shares Turn Positive After Increasing Airtel Africa Stake to 79% in ₹28,200 Crore Deal
Bharti Airtel (NSE: BHARTIARTL) shares recovered and turned positive after the company’s landmark ₹28,200 crore Airtel Africa stake consolidation received near-unanimous shareholder approval on June 15, 2026. The deal raises Airtel’s indirect ownership in the Africa business from 62.73% to 79.04%. BHARTIARTL was trading around ₹1,910.80 recently, within a 52-week range of ₹1,740.50 to ₹2,174.50….
Syrma SGS Technology (NSE: SYRMA) Surges 3.95% After Signing Kaga Electronics JV to Build Advanced EMS Facility in India
Syrma SGS Technology shares jumped 3.95% to ₹1,388.05 on the NSE on June 23, 2026, following a strategically significant announcement. The Chennai-based electronics manufacturing services (EMS) company executed a joint venture agreement with Kaga Electronics India Private Limited to establish, develop, and operate a technologically advanced EMS manufacturing facility in India, with a dedicated focus…
Bitcoin Drops 1.2% Below $64K Amid Persistent Institutional Selling and Fed Rate Concerns
Bitcoin slipped below the $64,000 mark in late June 2026, extending a period of market uncertainty driven by institutional selling and concerns over U.S. interest rates. The world’s largest cryptocurrency has struggled to regain momentum as investors weigh the impact of Federal Reserve policy and slowing demand from major market participants. With Bitcoin approaching key…
AI Startup Baseten Reaches $13 Billion Valuation After Raising $1.5 Billion in New Funding Round
AI infrastructure startup Baseten has made headlines after raising $1.5 billion in a new funding round that boosted its valuation to $13 billion in June 2026. The deal highlights the growing investor focus on the technology that powers AI applications behind the scenes. As businesses rush to deploy AI tools at scale, companies that help…
Tech Stocks Decline: Infosys Drops 2.75%, TCS, Wipro, HCL Tech & Mphasis Fall Up to 1.06% Amid Global Tech Selloff
The Indian IT sector witnessed broad-based selling pressure as Tech Stocks moved lower in line with weakness across global technology markets. Investor sentiment turned cautious after a sharp decline in major international technology shares, leading to profit booking in frontline Indian IT companies. Large-cap and mid-cap technology counters remained under pressure throughout the trading session,…
Bajaj Auto Ltd (NSE: BAJAJ-AUTO) Stock Live Updates: Shares Trade at ₹10,214, Up 0.23% Amid Active Market Momentum
Bajaj Auto Ltd shares remained in focus on June 23, 2026, trading at ₹10,214 and posting a modest gain of 0.23% during the session. The stock has attracted strong investor attention as the company moves ahead with its record ₹5,633 crore share buyback, one of the largest corporate actions in India’s auto sector. Combined with…