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Carl’s Jr. Franchisee Closes 10 Restaurants, Sells 49 After Bankruptcy, June 13
Carl’s Jr. franchisee files Chapter 11 bankruptcy, plans to close 10 locations and sell 49 others in California amid rising labor costs.
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.
Kalshi Hits $1B in Crypto Perps Volume, Expands to HYPE and Solana
Kalshi’s crypto perpetuals hit $1B volume in one week. HYPE token jumps 10% after regulated futures launch on new assets.
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…
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.
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…
AVGO Shares Jump 3.62%: Broadcom Inc Looks Costly at 33.3x Earnings, But the 2028 Outlook Tells a Different Story
Broadcom Inc (AVGO) is back in focus after its shares jumped 3.62% in recent trading. The move reflects strong investor confidence in the semiconductor and AI infrastructure space. But there is a debate building in the market. On one side, Broadcom Inc looks expensive at around 33.3x earnings. On the other side, long-term investors see…
Apple Inc Shares Hold Near $295 as Touchscreen MacBook Ultra Rumors Gain Hard Supply Chain Confirmation
The touchscreen MacBook story crossed a line this week from analyst speculation into verified supply chain confirmation. Industry insider Instant Digital confirmed Apple is actively developing its first touchscreen MacBook, with Samsung Display gearing up to produce OLED panels (OLED) in two sizes: 14.3 inches and 16.3 inches, the exact dimensions that map to the…
Oracle (NYSE: ORCL) Faces “1999-Style” Warning as Larry Ellison Loses $50 Billion in Market Value Wealth
Oracle’s record-earnings week turned into a wealth-destruction event. On June 11, 2026, a prominent CNBC analyst issued a stark “1999-style” warning on Oracle (NYSE: ORCL) comparing the company’s AI spending trajectory to the dot-com bubble at its peak. Oracle’s co-founder Larry Ellison has seen an unmatched $49 billion wiped off his net worth in 2026,…