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FirstRand and other South African banks target mid-sized businesses for growth
FirstRand Ltd., Nedbank, Investec, and Standard Bank intensify efforts to attract medium-sized corporate clients. This strategic shift responds to heightened...
Futu Wins Approval for Securities-Backed Crypto Trading, a Hong Kong First
Futu Securities received approval from Hong Kong’s Securities and Futures Commission (SFC) to provide securities-backed financing for virtual asset...
ARK Invest Sells $8.4M in Iridium Shares, Extending Strategic Sell-Off
ARK Invest sold 186,720 shares of Iridium Communications Inc. on Wednesday, June 10, 2026. This transaction carried a total value of approximately $8.42...
Equinor warns 1.5C climate goal is unlikely, citing rising energy tensions
Equinor released the 16th edition of its Energy Perspectives report. The analysis explores diverging pathways for the global energy system through...
McKesson Subsidiary Enters into $2.25 Billion Senior Secured Term Loan Facility
McKesson Corporation (MCK) disclosed that its subsidiary, McKesson Medical-Surgical Top Holdings, Inc., has entered into an amendment to its existing credit...
Ambarella Shares Tumble 15%, Despite $800 Million Hanwha AI Deal
Ambarella (AMBA) shares dropped over 15% on June 11, 2026. The decline followed several major company developments announced in May. The edge AI semiconductor...
Caterpillar Sinks 6.4% on AI Data-Center Fears Despite Dividend Hike
Caterpillar (CAT) shares fell 6.4% to $856.16, marking the largest single-day decline in over a year. Investors expressed concern regarding the company's...
Marriott hits 10,000-property milestone, opening luxury resort in India
Marriott International opened its 10,000th property, the JW Marriott Ranthambore Resort & Spa in India. This milestone occurs as the company approaches its...
Wipro opens ₹15,000-crore share buyback, offering premium to return surplus funds
Wipro launched its ₹15,000-crore share buyback program on June 11, 2026. The offer will remain open until June 17, 2026. The IT major plans to repurchase up to...
Mitsubishi UFJ Morgan Stanley eyes $62 billion boost as rates rise
Mitsubishi UFJ Morgan Stanley Securities (MUMSS) aims to increase retail assets under management by 10 trillion yen ($62 billion). The joint venture between...
Enbridge to Start C$4 Billion Pipeline Expansion, Creating 2,500 Construction Jobs
Enbridge Inc. confirmed construction for its C$4 billion Sunrise Expansion Program will begin in July 2026. The project targets a late 2028 in-service date. It...
AIM ImmunoTech Risks NYSE Delisting, Faces Equity Compliance Deadline
AIM ImmunoTech Inc. faces a June 11, 2026, deadline to regain compliance with NYSE American listing standards. The company must resolve specific deficiencies...
FuelCell Energy Rises, Jefferies Doubles Target on Surging Data Center Demand
FuelCell Energy shares rose after Jefferies analyst Dushyant Ailani raised the price target to $16.00. This is an increase from the previous $7.20 target....
Porsche AG Upgraded to Buy, Goldman Sachs Forecasts 30% Profit Growth
Goldman Sachs upgraded Dr. Ing. h.c. F. Porsche AG to buy from neutral on Thursday. The investment bank raised its 12-month price target to €59 from €39. This...
Destiny Tech100 Jumps 11%, Following Kevin O'Leary's Private Tech Endorsement
Destiny Tech100 (DXYZ) shares jumped 11% during Thursday premarket trading. Shark Tank investor Kevin O'Leary advocated for holding a diversified portfolio of...
MTN partners with Ant for Nigeria super-app, expanding financial inclusion
MTN Group’s fintech division partnered with Ant International to transform its Mobile Money (MoMo) platform. The companies will launch a new super-app in...
Canada bans social media for under-16s, threatening 10% revenue fines
The Canadian government introduced Bill C-34 to ban children under 16 from social media platforms. Companies must block access unless they implement approved...
Takeda’s zasocitinib beats BMS’s Sotyktu, showing 2.5x higher skin clearance
Takeda reported positive topline results from the LATITUDE Atlas Phase 3 study. The oral TYK2 inhibitor zasocitinib proved statistically superior to Bristol...
Air Liquide wins Ariane 6 contracts, fueling production through the 42nd flight
Air Liquide and ArianeGroup signed two major contracts for the Ariane 6 rocket's operational phase. These agreements cover critical cryogenic equipment and...
Amazon opens freight service to all businesses, challenging FedEx and UPS
Amazon launched its less-than-truckload (LTL) freight service for all businesses, expanding its Supply Chain Services division. The service previously limited...