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Rapidus Signs UK and Italy Chip Research Deals, June 12
Rapidus signs research agreements with UK and Italian institutes, backed by ¥2.4 trillion aid. Targets 2-nanometer chip production by fiscal 2027.
Anthropic vs OpenAI: The Rivalry That Ignited the Generative AI Revolution
The Anthropic vs OpenAI story did not begin as a rivalry it began as a breakup. Anthropic was founded in 2021 by Dario Amodei, Daniela Amodei, and other former OpenAI executives who left over disagreements on AI safety and development philosophy. OpenAI had triggered the AI arms race in November 2022 with the launch of…
Voltalia Shares Slump 10% After Morgan Stanley Downgrade
Voltalia Shares fell nearly 10% after Morgan Stanley downgraded the stock, triggering a sharp selloff among investors. The downgrade raised concerns about the company’s near-term earnings outlook and project execution risks in the renewable energy sector. The decline reflects how sensitive renewable energy stocks are to analyst sentiment and changing expectations around project pipelines, financing…
Wall Street Prepares for the Largest IPO in History as SpaceX Prices at $135 Tomorrow
$75 billion raised. $1.77 trillion valuation. $250 billion in demand. One company. Wall Street has spent months preparing for this. SpaceX filed to raise $75 billion in an IPO that would value the company at $1.77 trillion, the largest initial public offering in history, surpassing Saudi Aramco’s $29 billion debut in 2019. SpaceX begins trading…
Goldman Sachs Falls 3% as Rate Outlook Darkens, June 11
Goldman Sachs stock fell 3.04% after the firm cut its Fed rate forecast to zero cuts in 2026 due to strong labor data and inflation.
Bharti Airtel Stock Up 0.68%, Vodafone Idea Shares +1.01% as Airtel & Vi Expand Connectivity on Mumbai Metro 3
Mumbai Metro 3 is taking a major step toward seamless digital connectivity. On June 10, 2026, Bharti Airtel and Vodafone Idea expanded their mobile network coverage across additional sections of the Aqua Line, improving access for thousands of daily commuters. The development also caught investors’ attention, with Airtel and Vi shares posting gains during trading….
Gold Slides 3.6% After US-Iran Clashes Reignite Rate Hike Bets, June 11
Gold futures fell 3.6% to $4,133.30 after US-Iran tensions renewed inflation concerns and rate hike bets. Spot gold dropped 4.5% to $4,070.56.
SpaceX IPO Prices at $135 Per Share, Sets June 12 Nasdaq Debut
SpaceX IPO priced at $135 per share on June 11, raising $75 billion at $1.75 trillion valuation. Nasdaq debut scheduled for June 12 under ticker SPCX.
iPhone 18 Pro Max Price May Stay Unchanged, But Buyers Could End Up Paying More
The sticker price of the iPhone 18 Pro Max may hold steady this fall, but the total cost of ownership is a different story. Analysts Jeff Pu of GF Securities and Ming-Chi Kuo both project the iPhone 18 Pro Max will launch at $1,199. This unchanged from the iPhone 17 Pro Max, with the iPhone…