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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.

Delta Passenger Faces 20 Years for Assault on Flight Attendant, June 12
Delta passenger indicted on federal felony charge for allegedly assaulting flight attendant, facing up to 20 years in prison.

Bank of Japan Raises Rates to 1%, Highest Level Since 1995
BOJ set to raise rates to 1% on June 16, the highest since 1995, as inflation and weak yen force tightening action.

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…

No Mainboard IPOs Next Week, But 4 SME IPOs Are Coming, Could Liotech Industries’ ₹36.02 Crore Offer Steal the Spotlight?
The Indian primary market is heading into an interesting week. There are no mainboard IPOs scheduled, which usually slows down large investor activity. But the story does not end there. Instead, the focus now shifts to the SME IPO segment, where four new issues are set to open for subscription. Among them, Liotech Industries’ ₹36.02…

Palantir CEO Blasts AI Industry as Layoff Spike Hits 2,350%, June 12
Palantir CEO Alex Karp criticizes AI industry’s self-awareness gap. PLTR stock at $131.08 with B+ rating as AI layoff search interest spikes.

Why Anthropic’s Near-$1 Trillion Valuation and Upcoming Share Sale Could Trigger a New AI Investment Wave Fueled by Fable 5
We are entering a new phase of the AI revolution. The numbers are getting bigger. The money is moving faster. And investor excitement is hitting extreme levels. One of the biggest stories right now is Anthropic PBC, which is reportedly moving toward a near-$1 trillion private-market valuation. At the same time, the company is preparing…

MSFT Stock Pressured as Xbox Layoffs Loom After June 30 Fiscal Close — But the Cloud Business Tells a Very Different Story
$82.89 billion in quarterly revenue. $190 billion in capex. And Xbox can’t find its footing. Microsoft (NASDAQ: MSFT) is carrying a sharp internal contrast into its June 30 fiscal year close. On June 10, 2026, Microsoft confirmed plans for significant layoffs in its Xbox division as new CEO Asha Sharma implements a broad reset of…

India’s Urea Import Costs Plunge 50% as Global Prices Collapse, June 12
India’s urea import costs fall 50% to $445/tonne as global prices collapse, potentially reducing ₹3.4 lakh crore subsidy budget.