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ASML Stock Surges 9.5% as Musk Pitches $55B Terafab, June 13
ASML stock surges 9.5% after Elon Musk pitches $55B Terafab chip factory. Dutch chipmaker holds monopoly on EUV lithography equipment.
Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
Cash App is making a major move beyond digital payments and personal finance by launching a new wireless phone service. The company has introduced a $40 per month unlimited phone plan that operates on the AT&T network, marking its entry into the highly competitive telecommunications market. The launch represents one of the biggest expansions in…
Mark Cuban Reverses Bitcoin Stance: Calls It ‘Lost the Plot’, June 12
Mark Cuban reverses Bitcoin stance, calling it ‘lost the plot’ after recommending a 10% speculative bet. BTCUSD trades at $63,398, down 27% YTD.
SpaceX IPO Prices at $135, Raising Record $75 Billion, June 12
SpaceX prices $75 billion IPO at $135 per share, valuing the company at $1.77 trillion. Trading begins June 12 on Nasdaq under ticker SPCX.
SOFI Stock Surges 5.04% to $16.67: SoFi Technologies Director Gains 18,388 Shares Through RSU Settlement—Bullish Signal?
Sofi Stock attracted significant attention after shares of SoFi Technologies Inc. climbed 5.04% to $16.67 in a strong trading session. The gain came as investors assessed a recent regulatory filing showing that a company director received 18,388 shares through the settlement of restricted stock units (RSUs). The stock’s move higher reflects growing optimism around SoFi’s…
Ford Recalls More Than 255,000 US Vehicles Over Purge Valve Defect That Could Cause Engine Stalls
Ford Motor Company is once again in the spotlight after announcing a major safety recall affecting more than 255,000 vehicles in the United States. The issue is linked to a faulty canister purge valve, a small but important part of the fuel vapor system. This defect may cause the engine to stall unexpectedly while driving,…
TRUMPF Stock Falls 7% as Jobs Surge in Germany, June 12
TRUMPF stock dropped 7% amid German manufacturing expansion. Meyka rates it C+ HOLD with technical indicators showing oversold conditions.
Hitachi Energy India Shares Rise 4% on ₹2,000 Crore Vadodara Factory Investment Plan
Shares of Hitachi Energy India jumped around 3–4% in recent trading sessions after the company announced a major ₹2,000 crore investment plan for a new manufacturing facility. The proposed expansion is centered in Vadodara, a key industrial hub in Gujarat. The market reacted quickly, as investors saw this as a strong signal of long-term growth…
AVGO Shares Jump 3.62%: Broadcom Inc Looks Costly at 33.3x Earnings, But the 2028 Outlook Tells a Different Story
Broadcom Inc (AVGO) is back in focus after its shares jumped 3.62% in recent trading. The move reflects strong investor confidence in the semiconductor and AI infrastructure space. But there is a debate building in the market. On one side, Broadcom Inc looks expensive at around 33.3x earnings. On the other side, long-term investors see…