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Sensex Surges 1,695 Points as Oil Falls Below $90 on Iran Peace Deal, June 13
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Sensex Surges 1,695 Points as Oil Falls Below $90 on Iran Peace Deal, June 13

Sensex surged 1,695 points to 75,527 and Nifty50 gained 461 points to 23,623 on June 12 as crude oil fell below $90 following US-Iran peace signals.

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Southeast Asia’s Economic Rise: ASEAN Targets 4th Largest Economy by 2030
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Southeast Asia’s Economic Rise: ASEAN Targets 4th Largest Economy by 2030

ASEAN targets 4th largest economy by 2030 through regional policies, energy security, and AI adoption to strengthen cross-border partnerships.

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Bitcoin Falls to 7-Week Low as Mark Cuban’s Crypto Strategy Resurfaces, June 12
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Bitcoin Falls to 7-Week Low as Mark Cuban’s Crypto Strategy Resurfaces, June 12

Bitcoin drops to 7-week low as Mark Cuban’s crypto strategy resurfaces. Meyka rates BTC C+ HOLD with RSI at 32.91, signaling oversold conditions.

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SpaceX Stock Surges 19% on Record $75B IPO Debut, June 12
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SpaceX Stock Surges 19% on Record $75B IPO Debut, June 12

SpaceX IPO raised $75B at $135/share, opening at $150 and closing at $161.11. Company valued at $2.1 trillion, sixth-largest US company.

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US Wholesale Prices Jump 1.1% in May, Highest Since 2022
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US Wholesale Prices Jump 1.1% in May, Highest Since 2022

US wholesale prices rose 1.1% in May, the highest annual gain since November 2022, driven by energy price surges amid Middle East tensions.

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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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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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Shell Pauses $3B Buyback as ARC Acquisition Vote Nears, June 13
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Shell Pauses $3B Buyback as ARC Acquisition Vote Nears, June 13

Shell pauses $3B buyback program from June 12 to July 14 ahead of ARC Resources acquisition shareholder vote. Stock trades at $85.71, down 0.40%.

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ASML Stock Surges 9.5% as Musk Pitches $55B Terafab, June 13
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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.

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