ELECU News Today: Stay Updated with the Latest Electrum Special Acquisition Corporation Unit News in Real Time
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Apple Confirms iPhone Price Hikes Due to AI Chip Shortage, June 20
Apple CEO Tim Cook confirms price hikes on iPhones, Macs, and iPads as AI-driven chip demand increases memory costs, making increases unavoidable.
On The Border Files Chapter 7 as 155 Locations Close, June 21
On The Border Mexican Grill & Cantina files Chapter 7 liquidation after closing 155 locations. Five franchise locations remain open.
Moomoo Securities Faces 3-Month Ban on New Accounts, June 21
Japan’s FSA suspended moomoo Securities’ new account sign-ups for 3 months due to false NISA claims and weak cybersecurity controls.
Zaggle Prepaid Inks 5-Year PNB Deal as Profits Surge 30%, June 20
Zaggle Prepaid partners with PNB for co-branded credit cards. Q4 FY26 net profit surges 30.42% to Rs 40.60 crore, revenue rises 49.94%.
SpaceX Stock Drops 8.75% After Cursor Deal, Valuation Questioned
SpaceX stock fell 8.75% after Cursor acquisition. Morningstar values it at $62; Oppenheimer targets $250. Market cap: $2.8 trillion.
UK Tightens Asylum Rules for EU Citizens, June 20
UK reviews asylum benefits for EU citizens post-Brexit under stricter immigration enforcement policies.
Accenture Stock Plunges 18% on Weak Guidance, June 20
Accenture stock falls 18% to lowest level since 2017 after cutting revenue guidance to 4% growth amid AI and geopolitical concerns.
Vegas Casino Stocks Face Regulatory Headwinds as Online Gambling Stalls
Texas online gambling stalls until 2027 amid regulatory delays. SkyCity resolves Adelaide compliance issues. Casino stocks face sector headwinds.
Sendai’s Miyagi Museum Reopens After 3-Year Renovation, June 20
Miyagi Museum of Art reopens June 20 after 3-year renovation in Sendai with expanded 7,000-artwork collection and free shop access.