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HDFC AMC to Report June Quarter Results on This Date; Key Details Inside
HDFC Asset Management Company (HDFCAMC) is gearing up to report its June quarter (Q1 FY27) results in July 2026. HDFC AMC’s board approved Q4 FY26 results on April 16, 2026. Following this pattern, the Q1 FY27 board meeting is expected in mid-to-late July 2026. For FY26, net profit rose 16.17% to ₹2,858.06 crore, while sales…
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…
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…
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),…
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…
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…
Dutch Court Clears Class-Action Suit Against Sony Over PlayStation Store Pricing
Sony Group Corporation (NYSE: SONY) faces a major legal challenge in Europe. A court in the Netherlands validated a class-action claim against Sony over prices for PlayStation games and will take up the lawsuit from June 29. Stichting Massaschade & Consument was authorized to represent around 1.7 million PlayStation players in the country. The group…
Extropic AI Founder Backs Elon Musk’s Push to Rebuild X Recommendation Algorithm
Social media recommendation systems shape what millions of users see every day. In June 2026, Elon Musk renewed his push to rebuild X’s recommendation algorithm, aiming to make content suggestions smarter, more transparent, and better aligned with user interests. The move gained attention after receiving support from the founder of Extropic AI, a company focused…
IBM Shares Rise 6% Premarket After Unveiling Sub-1 Nanometer Chip Technology
IBM grabbed Wall Street’s attention after revealing what it says is the world’s first sub-1-nanometer chip technology. The announcement pushed IBM shares up more than 6% in premarket trading, as investors reacted to a major semiconductor breakthrough aimed at powering the next generation of artificial intelligence workloads. The development strengthens IBM’s position in advanced computing…