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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.
UK Economy Shrinks: GDP Drops 0.1% in April as Iran Conflict Sends Energy Costs Soaring and Growth Slows
The UK Economy faced a setback in April as the country’s Gross Domestic Product (GDP) fell by 0.1%, highlighting growing pressure from higher energy prices, weaker consumer demand, and increasing global uncertainty. The decline came at a time when geopolitical tensions involving Iran pushed energy costs higher, creating additional challenges for businesses and households. The…
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.
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…
Bitcoin Holds Near $63,579 as Hot PPI and SpaceX’s Record IPO Drain Liquidity From Crypto Markets
This is not a Bitcoin story. It is a macro story, and Bitcoin is absorbing it. Bitcoin holds near $63,579 on June 12, 2026, after briefly climbing above $63,500 before retracing sharply as US Producer Price Index (PPI) data for May came in at 6.5% year-over-year above consensus and directly revived rate-hike fears that had…
Vedanta Demerger: Four Companies List on June 15 as Restructuring Completes
Vedanta’s four demerged entities—Aluminium, Oil & Gas, Power, and Iron & Steel—list on NSE and BSE on June 15, 2026. Shareholders received 1:1 share…
TCS Shares Rise 2% After Launching India’s First Oracle AI Data Platform Lab in Kolkata
TCS shares rose around 2% in recent trading sessions after the company announced the launch of India’s first Oracle AI Data Platform Lab in Kolkata. The development signals a stronger push by Tata Consultancy Services into artificial intelligence, cloud computing, and next-generation enterprise data solutions. The rise in TCS stock reflects growing investor confidence in…
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.
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…