Stay Updated with the Latest iShares S&P/TSX Global Base Metals Index ETF XBM.TO News in Real Time
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Kotak Recommends HDFC Bank, ICICI Bank as Top Picks on Attractive Valuations
Kotak has flagged HDFC Bank (HDFC) and ICICI Bank (ICICIBANK) as top picks within India’s banking sector, citing compelling valuations after a sharp correction. On June 24, 2026, Nifty Bank surged nearly 2%, with ICICI Bank gaining 2.7% to ₹1,374 and HDFC Bank rising 2% to ₹790 on the NSE. Both stocks dominate Nifty Bank’s…
UN Halts Strait of Hormuz Evacuation Plan After Cargo Ship Attack
The Strait of Hormuz is once again at the center of global attention after the United Nations temporarily suspended its evacuation operation for stranded commercial ships. The decision came after a cargo vessel was struck near the coast of Oman, raising fresh concerns about maritime security. The incident has also increased uncertainty for global oil…
Volkswagen CEO Plans To Cut 100,000 Jobs In Major Overhaul
Volkswagen is preparing for one of the biggest restructuring plans in its history. Reports suggest CEO Oliver Blume wants to reduce the global workforce by as many as 100,000 employees over the next few years while lowering investment spending and reshaping the group’s business. The reported plan comes as the German automaker faces slower demand…
Samsung Unveils $648 Billion AI Investment Plan to Power South Korea’s Future
Samsung Group is making history on June 26, 2026. Samsung Group plans on Monday, June 29, to pledge investment of 1,000 trillion won ($648 billion) in South Korea over 10 years, part of an initiative that aims to turn the country’s AI boom into a nationwide growth engine. Top executives from Samsung Electronics and SK…
Bitcoin Price Today: BTC Holds at $59,900 as Inflation Worries Persist
Bitcoin (BTC-USD) is clinging to the $59,900 level on June 26, 2026, following one of its sharpest single-day drops this year. Bitcoin fell to $58,000 on June 25, its weakest level since September 2024, after hotter US inflation data dented expectations for Federal Reserve rate cuts. US PCE rose 4.1% year-on-year in May, with core…
H&M Increases Margins Despite Weak European Demand
H&M delivered a mixed set of second-quarter results for fiscal 2026. Sales remained under pressure as shoppers across Europe spent less because of inflation and higher living costs. Even so, the fashion retailer improved its profitability through better cost control, lower inventory levels, and reduced discounting. While revenue growth stayed weak, the stronger margin performance…
Stock Market Closed Today: BSE, NSE Observe Muharram Holiday; MCX Opens for Half Day
Today’s stock market holiday brings a complete halt to Indian equity trading. Indian stock markets are closed on June 26 for Muharram, with no trading in equity, derivatives, currency, SLB, and electronic gold receipts (EGR) on this day. Muharram marks the 10th listed holiday of 2026 out of 16 total scheduled trading holidays. Since Friday’s…
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),…