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Bitcoin drops below $60,000, its lowest level since October 2024: Here's why
LiveMint - Markets05-Jun-2026 22:25 0thUTC
The largest cryptocurrency, Bitcoin, fell below $60,000 on Friday (local time), reporting its lowest level since October 2024, just before US President Donald Trump's election,…
Gold, silver rates today: Comex gold tumbles $136/oz; silver sinks $5 as strong US jobs report boosts rate hike bets
LiveMint - Markets05-Jun-2026 21:59 0thUTC
Precious metals faced selling pressure on 5 June due to a strong US jobs report, potentially prolonging higher interest rates. Gold and silver prices fell…
Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs
Economic Times - Markets05-Jun-2026 21:57 0thUTC
After more than a decade, Bitcoin finds itself in a downturn unlike any spring we've seen before. Its value has plummeted as AI stocks surge,…
Lululemon shares drop as forecast cut spotlights challenges for incoming CEO
Economic Times - Markets05-Jun-2026 21:52 0thUTC
Lululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has escalated concerns…
Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's trades
Economic Times - Markets05-Jun-2026 21:48 0thUTC
Western Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking scheme by former…
UP Power Corp receives approval to source power from Bhutan's hydro project: Details
LiveMint - Companies05-Jun-2026 21:46 0thUTC
Khorluchu Hydro Power is a joint venture between homegrown Tata Power and Druk Green Power Corporation.
Tata Steel UK begins assessment after Port Talbot fire, says Hot Strip Mill restart to begin next week
LiveMint - Companies05-Jun-2026 21:34 0thUTC
Tata Steel UK said assessment work is underway following a fire at the Pickle Line plant in Port Talbot. No injuries were reported, but a…
Spacex IPO is said to draw more orders than shares available
Economic Times - Markets05-Jun-2026 21:17 0thUTC
SpaceX’s $75 billion IPO is already oversubscribed, signaling strong institutional demand and positioning it to become the largest listing ever. The Elon Musk-led firm may…
Hexagon Nutrition IPO: Issue received healthy response on Day 01, booked 1.65 times; GMP signals solid listing
LiveMint - Markets05-Jun-2026 20:38 0thUTC
Hexagon Nutrition IPO saw strong demand on Day 1, with bids for 3.56 crore shares against 2.16 crore shares offered. NII segment subscribed 2.03 times,…
Rs 5,750 crore Adani block deal: SBI Mutual Fund picks stake from GQG
Economic Times - Markets05-Jun-2026 20:38 0thUTC
GQG Partners sold stakes in Adani Enterprises and Adani Energy Solutions worth about Rs 5,750 crore through block deals, with SBI Mutual Fund acquiring the…
Oyo parent Prism Hotels receives Sebi nod for IPO
Economic Times - Markets05-Jun-2026 20:19 0thUTC
Prism Hotels, Oyo’s parent, received Sebi approval for a Rs 6,650 crore IPO. Targeting a $7–8 billion valuation, the firm will use funds for expansion…
