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By Noel Randewich June 26 (Reuters) – Shares of rose a marginal 0.15% on Friday ahead of its inclusion in Russell indexes, with passively managed funds tracking those benchmarks required to add billions of dollars’ worth of Elon Musk’s internet and rocket company to their holdings. Traders exchanged about $19 billion worth of SpaceX shares, with almost half of that turnover in the final minutes of the session. After a blockbuster initial public offering this month, SpaceX’s stock has been on a wild ride, soaring 67% to its June 16 intraday high of $225.64 before tumbling to Friday’s $153.23 close.…
VK Group, the developers of VKontakte and related services, issued its own statement complaining that “Apple has removed VK apps from the App Store without warning or explanation… VK has never been subject to sanctions nor included on sanctions lists, a fact confirmed by numerous legal opinions from international and US counsel. Apple has long been in possession of these official legal opinions and all relevant information. Nevertheless, Apple unilaterally removed VK apps without prior notice… We consider these actions by Apple regarding Russian users to be unjustified and unacceptable.” (Translation from Russian through Google Translate.) VK Group also stressed…
An F-35B Lighting II, attached to Marine Fighter Attack Squadron (VMFA) 121, takes off from the flight deck of America-class amphibious assault ship USS Tripoli (LHA 7), May 13, 2026.Courtesy: U.S. NavyThe U.S. military struck Iran on Friday after President Donald Trump accused the Islamic Republic of violating a ceasefire by launching drone attacks on ships in the Strait of Hormuz.U.S. Central Command said its aircraft “struck Iranian missile and drone storage locations and coastal radar sites.”A one-way drone launched by Iran on Thursday struck the Singapore-flagged cargo ship Ever Lovely in the strait off the coast of Oman, Central…
Oracle CEO Clay Magouyrk, center, speaks on a media tour of the Stargate data center in Abilene, Texas, on Sept. 23, 2025.Kyle Grillot | Bloomberg | Getty ImagesOracle just wrapped up its worst week on Wall Street in 25 years as concerns continue to mount about the software company’s debt load and whether its bet-the-house investment on artificial intelligence will pay off. The stock plummeted 19% this week, dropping at least 2.6% each of the past five days. It’s the steepest weekly drop since a 20% plunge in August 2001, during the depths of the dot-com bust. The past nine…
Nasdaq slumps more than 4.5% for the week as high-flying tech stocks bleed Source link
OpenAI Ceo Sam Altman speaks to journalists after meeting with US House Minority Leader Hakeem Jeffries on Capitol Hill in Washington, DC, on June 3, 2026. Brendan Smialowski | AFP | Getty ImagesOpenAI on Friday announced three new artificial intelligence models and said it’s complying with the U.S. government’s request to initially limit the rollout to a “small group of trusted partners.”The company said in a blog post that it “believes in broad access” and is working to make the models — GPT-5.6 Sol, Terra and Luna — generally available in the coming weeks. OpenAI said it previewed the models’…
The former Foreign Secretary David Miliband has said he is “optimistic” about the prospect of Andy Burnham becoming the next prime minister.Miliband told a think tank event in London on Friday that Burnham, who is widely expected to succeed Sir Keir Starmer as Labour leader and prime minister, has “this openness and energy that I think is very attractive and positive”.He said the expected appointment of the former Labour cabinet minister James Purnell as Burnham’s Downing Street chief of staff was “fantastic”.”I haven’t lost my youthful optimism,” Miliband told an event organised by the Center for Global Development think tank.”Andy…
The Chicago Bulls celebrate during the game after Nikola Vucevic #9 of the Chicago Bulls scores the game winning buzzer beater against the Portland Trail Blazers on Nov. 19, 2025 at the Moda Center Arena in Portland, Oregon. Cameron Browne | National Basketball Association | Getty ImagesWalmart heir Lukas Walton and his wife, Samantha, have acquired a minority stake in the Chicago Bulls and the United Center, the team announced Friday.The transaction involves the purchase of existing stakes from limited partners and does not provide Walton with a path to controlling ownership, the team said. The size of the minority…
Microsoft trapped below $378 after 4% bounce: Live levels Source link
It’s “an exciting advance in efforts to restock the antibiotic arsenal,” Steven Rutherford, a microbial sciences expert at Genentech, wrote in an accompanying commentary piece in Nature. “More broadly, the study provides a road map showing how genome mining can be used to identify new antibacterial natural products and strategies for using them.” The pathway the megacluster’s products attack is one for making biotin, also known as vitamin B7. The nutrient is required for growth and virulence in many human pathogens, and, more specifically, it’s a cofactor that critical metabolic enzymes need to work properly. Some bacteria can scavenge biotin…