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Novig Gains Regulatory Clearance to Launch Sports Forecasting Service Amid Growing Market Rivalry

Novig has secured formal authorization from the U.S. Commodity Futures Trading Commission to operate its sports prediction platform. This development allows the company to participate in federally regulated markets, a space that has drawn attention from various market participants.

Nitish Kishor | 17 June 2026

Nvidia (NASDAQ: NVDA) Faces Growing Threat from In‑house Chip Development by Top Customers

Leading AI service operators are speeding up work on custom accelerators intended to replace external graphics processors. By controlling the entire silicon stack, these companies aim to tighten performance margins and lessen dependence on external suppliers.

Nitish Kishor | 17 June 2026

What Is the Federal Reserve Dot Plot and Why Does It Matter?

When Federal Reserve Chair Kevin Warsh declined to submit his own rate projection at the June 2026 policy meeting, bond yields surged, equities fell, and the decision made headlines across global financial markets. The instrument at the centre of that reaction was the Fed …

Nitish Kishor | 17 June 2026

Lebanon Truce Highlights Economic Challenges as Recovery Efforts Take Shape

The recent pause in hostilities in Lebanon has provided an opportunity to evaluate the impact on infrastructure. Roads, utilities, and commercial areas have sustained damage, which may affect local businesses and regional operations. Supply chain disruptions remain a concern as recovery efforts begin.

Nitish Kishor | 17 June 2026

Lundin Mining Hosts Investor Day as Copper Market Trends Draw Attention

Lundin Mining recently held an event for analysts and investors to outline its key areas of focus. The session included discussions on how the company is positioning itself in the copper market. Representatives spoke about efforts to enhance operations and explore growth opportunities.

Nitish Kishor | 17 June 2026

Michael Burry Eyes Short Position on SpaceX as Valuation Concerns Mount

He described the company as a "small space company" despite its outsized market footprint, suggesting its private valuation may outpace fundamentals. The investor’s comments reflect broader investor scrutiny of high-growth private firms. Burry’s hesitation stemmed from the high cost of put options in secondary …

Nitish Kishor | 17 June 2026

Mortgage Rates Poised for Gradual Decline Through 2030, Deloitte Forecast Shows

Treasury yield, which serves as a benchmark for long-term borrowing costs. Deloitte economists project the 10-year yield will gradually ease to 3.9% by the third quarter of 2027, reflecting expectations of Federal Reserve policy normalization. This decline would mark a shift from current levels, …

Nitish Kishor | 17 June 2026

Microsoft Corporation (NASDAQ: MSFT) Stock Falls as Azure Growth Disappoints Investors

Microsoft's Azure cloud business has been a key driver of the company's revenue growth, but the recent slowdown in growth has raised concerns among investors. The cloud computing sector is highly competitive, with companies investing heavily in research and development to stay ahead, with …

Nitish Kishor | 17 June 2026

Oracle (NYSE: ORCL) Drops in Q1 as Hyperscale Growth Concerns Weigh on Stock

Oracle (NYSE: ORCL) faced investor skepticism in Q1 2026 despite a $500 billion hyperscale backlog. Market concerns centered on the company’s ability to finance its ambitious infrastructure buildout, which weighed on the stock. Shares fell 11.05% over the past year, underperforming broader tech benchmarks.

Nitish Kishor | 17 June 2026

Midstream Energy Stocks Resilient as Oil Futures Signal $70 Floor for 2025 Drilling

The U.S. Benchmark for next year remains above $70 per barrel, a level that typically supports sustained drilling activity. This forward curve provides more reliable guidance for pipeline and storage operators than daily price movements.

Nitish Kishor | 17 June 2026
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