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Accenture's Revenue Guidance Cut Signals a Broader AI Threat to Traditional Consulting Revenue Models

Accenture's guidance reduction was initially treated as an earnings disappointment. Slower expected revenue growth and pressure in parts of the government business gave investors clear reasons to reassess near-term forecasts.

Nitish Kishor | 18 June 2026

Arena REIT (ASX:ARF) Advances on Valuation Gains and Pipeline Expansion

Arena REIT (ASX:ARF) shares traded higher during the morning session on 19 June 2026 after the property group released a market update outlining portfolio valuation gains, development activity, portfolio transactions and distributions for FY26. The stock rose 2.69% to AUD 3.24, gaining AUD 0.085 …

Aditi Sarkar | 18 June 2026

Space Exploration Technologies (NASDAQ:SPCX) Drops 9% as Post-IPO Rally Loses Momentum

Space Exploration Technologies (NASDAQ:SPCX) declined sharply on Thursday as momentum from its record-breaking initial public offering began to fade. Shares fell roughly 9%, extending losses after a 5% decline in the previous session and marking the stock's steepest pullback since listing.

Nitish Kishor | 18 June 2026

Nvidia Expands AI Dominance With Leadership in Data Center Networking Market

Nvidia is extending its influence beyond artificial intelligence chips and emerging as a major force in the networking infrastructure that powers AI data centers.

Nitish Kishor | 18 June 2026

Marvell Stock Jumps 14% as AI Chip Ambitions, S&P 500 Inclusion Drive Investor Optimism

Marvell Technology (NASDAQ:MRVL) shares surged on June 18, with the stock climbing 13.7% to $329.30, a gain of $39.76 for the session, as investors responded positively to a series of announcements reinforcing the company’s position in the rapidly expanding artificial intelligence infrastructure market.

Nitish Kishor | 18 June 2026

U.S. Gasoline Prices Fall Below $4 for First Time Since March as Iran Deal Eases Supply Fears

U.S. gasoline prices fell below $4 per gallon on Thursday for the first time in nearly three months as traders responded to expectations that oil exports through the Strait of Hormuz will gradually recover following the U.S.-Iran peace agreement.

Nitish Kishor | 18 June 2026

FERC Orders Grid Operators to Accelerate Data Center Connections Amid Power Demand Surge

The Federal Energy Regulatory Commission has launched a broad review of how large electricity consumers connect to the U.S. power grid, responding to rapidly rising demand from data centers and artificial intelligence infrastructure.

Nitish Kishor | 18 June 2026

Moderna Flu Vaccine Faces Key FDA Advisory Vote as First U.S. mRNA Flu Shot Nears Decision

Moderna Inc. (NASDAQ: MRNA) is awaiting a pivotal recommendation from a federal vaccine advisory committee as regulators evaluate the safety and effectiveness of its experimental influenza vaccine for adults aged 50 and older. The review is being closely watched across the biotechnology sector because …

Nitish Kishor | 18 June 2026

Kardigan (NASDAQ:KARD) Shares Surge 30% After $400 Million IPO Signals Renewed Biotech Market Momentum

Kardigan made a strong debut on the public markets after the cardiovascular drug developer completed a $400 million upsized initial public offering, reflecting improving investor sentiment toward biotechnology listings.

Nitish Kishor | 18 June 2026

New Fortress Energy (NASDAQ: NFE) Wins UK Court Approval for Restructuring Plan Backed by Creditors

New Fortress Energy Inc. (NASDAQ: NFE) has received approval from the High Court of Justice of England and Wales for its proposed UK restructuring plan, advancing a key component of the company's efforts to address its debt obligations and improve financial flexibility.

Nitish Kishor | 18 June 2026
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