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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…
SpaceX Debuts at $1.77 Trillion Valuation on Record $75B IPO, June 12
SpaceX raises record $75 billion in IPO at $135 per share, valuing the company at $1.77 trillion. Trading begins June 12 under ticker SPCX on Nasdaq.
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…
European Stocks Rally as Oil Falls Near $93 on US-Iran Diplomatic Hopes; STOXX 600 Holds Gains
When oil falls, European stocks gain, and that trade is playing out precisely on June 12, 2026. The pan-European STOXX 600 navigated a choppy session this week as oil prices hovered near $93 per barrel following one of the biggest exchanges of hostilities between the US and Iran since the two countries agreed to a…
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…
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…
ECB Raises Rates 25 Basis Points as Iran War Stokes Inflation, June 12
ECB raises rates to 2.25% as eurozone inflation hits 3.2%, well above the 2% target. Growth forecasts cut to 0.8% for 2026.
Crypto ATM Ban Advances in Delaware as Lawmakers Target “Predatory” Fees and Scams via Bill 441
Delaware lawmakers are advancing legislation aimed at tightening regulations on cryptocurrency kiosks, commonly known as Bitcoin ATM machines. The proposed measure, known as House Bill 441, seeks to address growing concerns about consumer fraud, excessive transaction fees, and scams that have increasingly targeted vulnerable individuals. The legislation has gained attention across the cryptocurrency industry because…