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Crude oil prices tumble 5% as Strait of Hormuz traffic rebounds; Brent plunges 20% in June
LiveMint - Markets26-Jun-2026 22:22 0thUTC
Brent crude prices plummeted to $72 as supply concerns eased with resumed shipping through the Strait of Hormuz. The weekly decline reaches 10%, while June…
Silver Consumer Electricals concludes Rs 150 cr pre-IPO secondary share sale
Economic Times - Markets26-Jun-2026 21:19 0thUTC
Silver Consumer Electricals, renowned for its pumps and motors, has successfully raised Rs 150 crore through a pre-IPO secondary share sale. A 2.59% stake was…
Fidelity Investments buys 2 pc stake in Lodha Developers for Rs 1,864 crore
Economic Times - Markets26-Jun-2026 21:17 0thUTC
Fidelity Investments has strategically acquired a 2% stake in Lodha Developers, amounting to Rs 1,864 crore, through open market operations. The acquisition involves nearly 2…
Can an OpenAI IPO delay derail the AI chip rally? Here's why it matters
LiveMint - Markets26-Jun-2026 20:27 0thUTC
A potential delay in OpenAI's IPO has triggered selling in global technology stocks, impacting major players like SoftBank. As concerns over AI investment returns grow,…
BEML shares to be in focus on Monday after securing additional $5.35 million Middle East export order
LiveMint - Markets26-Jun-2026 19:19 0thUTC
BEML Ltd. secured a $5.35 million export order, raising its contract total to $41.73 million. The company's international order book reached $112.35 million. Despite record…
US stocks Today | US stocks open lower as chip stocks resume slide
Economic Times - Markets26-Jun-2026 19:06 0thUTC
Indian markets witnessed a dip on Friday, with technology stocks, particularly chipmakers, facing renewed selling pressure. Investors are now scrutinizing the elevated valuations of these…
OpenAI may push IPO to next year: What's behind the delay?
LiveMint - Companies26-Jun-2026 18:50 0thUTC
OpenAI is considering delaying its IPO until next year due to SpaceX’s poor debut and a drop in tech stocks. The company had previously prepared…
Volkswagen plans up to 100,000 job cuts and possible plant closures
LiveMint - Companies26-Jun-2026 18:44 0thUTC
Volkswagen AG plans to cut up to 100,000 jobs and close four German factories as part of CEO Oliver Blume's strategy to enhance competitiveness.
Goldman sees big tech stocks turning attractive amid chip volatility, 'you want to diversify toward hyperscalers'
LiveMint - Markets26-Jun-2026 18:18 0thUTC
Big tech stocks could turn more attractive in the artificial intelligence trade as chipmakers show continued volatility, according to Goldman Sachs Group Inc. strategist Christian…
Quote of the day by David Swensen: "If you’re investing with a long time horizon, having an equity bias makes sense; stocks go up in the long run"
Economic Times - Markets26-Jun-2026 18:00 0thUTC
David Swensen emphasised the importance of maintaining an equity bias for long-term investors, noting that stocks tend to deliver stronger returns over extended horizons. Despite…
US stock market today: S&P 500, Nasdaq futures slide up to 1% as global tech sell-off resumes
LiveMint - Markets26-Jun-2026 17:57 0thUTC
US stock futures declined on 26 June due to a renewed global technology sell-off. Nasdaq futures dropped 1.1%, amid concerns over high valuations, production cuts,…
