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Standard Bank maintains guidance, as Africa growth offsets global economic drag
Standard Bank Group maintained its full-year guidance for 2026 following a resilient five-month performance through May 31. The bank cited geopolitical...
Robinhood plans $2 billion debt sale, eyes stock buybacks
Robinhood Markets is offering $2.0 billion in convertible senior notes due 2029 through a private placement. The company also granted initial purchasers an...
ARK Sells $33M Roku Stake to Fund Tesla, Following Fox Bid
Cathie Wood’s ARK Innovation ETF sold approximately $33 million in Roku shares. This divestment followed a $160 per share acquisition bid from Fox. ARK now...
SK hynix Surpasses Samsung as Korea's Most Valuable Firm, Driven by AI
SK hynix Inc. overtook Samsung Electronics to become South Korea's most valuable publicly traded company on June 22, 2026. This development marks a historic...
TSMC slashes 28nm output, pivoting to 4nm chips for AI demand
Taiwan Semiconductor Manufacturing Co. (TSMC) is significantly cutting 28nm chip production at its Fab 15A facility. Output at the site has decreased by more...
TSMC Cuts 28nm Production by 25%, Shifting Focus to AI Chips
Taiwan Semiconductor Manufacturing Co. (TSMC) is reducing 28-nanometer chip production to prioritize more profitable, advanced process nodes. Monthly wafer...
Petrobras greenlights $1.2 billion biorefinery, targeting bio-jet fuel and renewable diesel
Petrobras reached a Final Investment Decision for its RPBC Biorefining project. The company committed approximately $1.2 billion to the initiative. The...
NVIDIA Debuts Vera Rubin Platform, Driving Stock to Record High
NVIDIA introduced the Vera Rubin platform at the ISC High Performance 2026 conference in Germany. This architecture integrates the Vera CPU and Rubin GPU to...
TSMC Slashes 28nm Output, Pivoting to Advanced AI Chip Production
TSMC is reducing 28-nanometer (nm) chip production to prioritize advanced process technologies. Monthly wafer output at the Fab 15A facility has dropped by...
MicroStrategy adds $300M cash, defending STRC stock after record low
MicroStrategy purchased 520 bitcoin for approximately $35 million on June 22, 2026. The company simultaneously increased its U.S. dollar reserves by $300...
BlackRock-Backed Skyborn Signs Record 600 MW German Wind Deal With Amazon
Skyborn Renewables signed a 600 MW power purchase agreement (PPA) with Amazon. This deal for the Gennaker offshore wind farm represents the largest single PPA...
Astera Labs Joins Nasdaq-100, Driven by 93% Revenue Surge
Astera Labs (ALAB) officially joins the Nasdaq-100 Index before the market opens on June 22, 2026. This inclusion ranks the AI connectivity chipmaker among the...
Snowflake Rallies on $52M ARK Investment, Named Top Bank of America Pick
Cathie Wood’s ARK Investment Management purchased 223,690 shares of Snowflake. This investment totals approximately $52 million. ARK added the shares to two...
Tesla Shares Slide After Fatal Texas Crash, Suspected Autopilot Use
Tesla faces renewed Autopilot scrutiny following a fatal crash in Katy, Texas, on June 22, 2026. A Model 3 vehicle failed to navigate a turn and struck a...
Coeur Mining Joins S&P MidCap 400, Highlighting North American Focus
Coeur Mining, Inc. (NYSE: CDE) joined the S&P MidCap 400 Index. The addition became effective before the market opened on June 22, 2026. S&P Dow Jones Indices...
Tesla Shares Slide After Fatal Texas Crash, Autopilot Under Investigation
A Tesla Model 3 crashed into a Katy, Texas, home on June 22. The collision killed a 76-year-old woman inside the residence. The driver informed investigators...
Accenture Hits 52-Week Low, Analysts Slash Targets on Weak Outlook
Guggenheim and TD Cowen issued negative reports on Accenture on June 22, 2026. Guggenheim lowered its price target on the stock to $185 from $225. TD Cowen...
Sanofi Taps Roche Veteran Paulo Fontoura to Lead Global R&D Transformation
Sanofi appointed Paulo Fontoura as Executive Vice President and Global Head of Research & Development Pharma. The appointment becomes effective September 1,...
Indra wins $75 million contract to overhaul Washington D.C. metro ticketing
Indra Sistemas, S.A. secured a contract with the Washington Metropolitan Area Transit Authority to overhaul the subway's ticketing system. The project covers...
Semtech Joins S&P MidCap 400 Index, Marking a Significant Growth Milestone
Semtech Corporation has been officially added to the S&P MidCap 400 index as of June 22, 2026. This move is part of a quarterly rebalance by S&P Dow Jones...