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FTSE 100 Rises 0.85% as US-Iran Deal Hopes Boost Risk Sentiment Despite UK GDP Dip
The FTSE 100 index rose by 0.85% in recent trading sessions as investor sentiment improved following renewed hopes of a potential diplomatic agreement between the United States and Iran. The positive global mood helped offset weaker economic data from the United Kingdom, where GDP figures showed a slight dip. The movement in the FTSE 100…
No Mainboard IPOs Next Week, But 4 SME IPOs Are Coming, Could Liotech Industries’ ₹36.02 Crore Offer Steal the Spotlight?
The Indian primary market is heading into an interesting week. There are no mainboard IPOs scheduled, which usually slows down large investor activity. But the story does not end there. Instead, the focus now shifts to the SME IPO segment, where four new issues are set to open for subscription. Among them, Liotech Industries’ ₹36.02…
Swiss Federal Subsidies Hit 49 Billion Francs Annually, June 12
Swiss federal subsidies total 49 billion francs annually, representing 6% of economic output, with 22,500 identified recipients.
Why Anthropic’s Near-$1 Trillion Valuation and Upcoming Share Sale Could Trigger a New AI Investment Wave Fueled by Fable 5
We are entering a new phase of the AI revolution. The numbers are getting bigger. The money is moving faster. And investor excitement is hitting extreme levels. One of the biggest stories right now is Anthropic PBC, which is reportedly moving toward a near-$1 trillion private-market valuation. At the same time, the company is preparing…
MSFT Stock Pressured as Xbox Layoffs Loom After June 30 Fiscal Close — But the Cloud Business Tells a Very Different Story
$82.89 billion in quarterly revenue. $190 billion in capex. And Xbox can’t find its footing. Microsoft (NASDAQ: MSFT) is carrying a sharp internal contrast into its June 30 fiscal year close. On June 10, 2026, Microsoft confirmed plans for significant layoffs in its Xbox division as new CEO Asha Sharma implements a broad reset of…
KOSPI Index (KRX: KOSPI) Surges 7.78% as Geopolitical Risks Ease and Tech Stocks Rally
South Korea’s stock market delivered a strong comeback on June 12, 2026, as the KOSPI Index surged 7.78% in a single session. The rally came after easing geopolitical tensions boosted investor confidence and sparked buying across major technology stocks. Semiconductor giants Samsung Electronics and SK Hynix led the gains, reflecting renewed optimism around global AI…
Japan Secures Oil Supply Until March 2028 Amid Hormuz Crisis, June 12
Japan secures oil supplies until March 2028 via alternative imports and reserves, avoiding Middle East dependency as US shipments surge.
Desjardins Sells Assistance Services Unit to CanAssistance, June 11
Desjardins Financial Security partners with CanAssistance as exclusive provider of assistance services for members.
WisdomTree Launches AI Infrastructure ETF on June 11, 2026
WisdomTree WAGI ETF tracks AI infrastructure across semiconductors, data centers, and cloud sectors with a 0.50% expense ratio.