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Adobe Stock Falls 13% on CFO Exit Despite Record Q2 Earnings, June 12
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Adobe Stock Falls 13% on CFO Exit Despite Record Q2 Earnings, June 12

Adobe stock drops 13% to $202.89 despite beating Q2 earnings and raising guidance. CFO Dan Durn exits for Marvell as CEO search continues.

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Diehl Defence Unveils Cobra 600 Jet Drone, June 12
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Diehl Defence Unveils Cobra 600 Jet Drone, June 12

Diehl Defence’s Cobra 600 jet drone extends IRIS-T missile range to 400 km, combining airborne transport with ground-based air defence capabilities.

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Australia’s July 1 Tax Cuts, Fuel Relief End: What Changes June 13
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Australia’s July 1 Tax Cuts, Fuel Relief End: What Changes June 13

Australia’s July 1 changes include tax cuts up to $268, end of fuel excise relief, and tighter AML regulations for financial firms.

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Singapore Waste Fees Rise 4.3% for HDB Flats, June 13
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Singapore Waste Fees Rise 4.3% for HDB Flats, June 13

Singapore waste fees rise from July 1: HDB flats to S$10.64/month, landed homes to S$35.50. U-Save rebates available.

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German Pensions Rise 4.24% from July 1, 2026
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German Pensions Rise 4.24% from July 1, 2026

Germany’s Bundesrat approves 4.24% pension increase starting July 1, 2026. Standard retirees gain €77.85 monthly as wage growth outpaces inflation.

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Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
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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…

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Tesla (NASDAQ: TSLA) Pre-Market Hits $402.00 (+0.71%) as SpaceX IPO Order Book Closure Sparks Momentum
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Tesla (NASDAQ: TSLA) Pre-Market Hits $402.00 (+0.71%) as SpaceX IPO Order Book Closure Sparks Momentum

TSLA shares rose in pre-market trading to $402.00, marking a 0.71% increase as investor sentiment strengthened following news related to SpaceX IPO order book closure. The movement reflects renewed excitement across high-growth technology and space-related assets, which often influence Tesla’s market perception due to Elon Musk’s leadership across multiple companies. The rise in TSLA stock…

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VIX Falls to 18.83 on Iran Ceasefire Hopes, June 12
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VIX Falls to 18.83 on Iran Ceasefire Hopes, June 12

VIX falls 15.3% to 18.83 as Iran ceasefire optimism drives risk-on rally. S&P 500 up 1.75%, oil prices fall, Treasury yields decline.

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SpaceX Debuts at $1.77 Trillion Valuation on Record $75B IPO, June 12
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SpaceX Debuts at $1.77 Trillion Valuation on Record $75B IPO, June 12

SpaceX raises record $75 billion in IPO at $135 per share, valuing the company at $1.77 trillion. Trading begins June 12 under ticker SPCX on Nasdaq.

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