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Red Cat Holdings Ramps Up Maritime Drone Production as Defense Autonomy Platform Gains Traction

Red Cat Holdings (NASDAQ: RCAT) is advancing its position in the defense autonomy sector with the full-rate production of its Blue Ops Variant 7 maritime drone.

Nitish Kishor | 16 June 2026

Official Accuses Trump of Directing DOJ Probe Into Himself and Family Member

A high-ranking state official has accused former President Donald Trump of ordering the Department of Justice to launch an investigation into him and a family member. The claim, made in a public statement, escalates tensions between the official and the former president.

Nitish Kishor | 16 June 2026

Oil Prices Slide to Three-Month Lows as Tanker Operators Eye Strait of Hormuz Risks

Global oil markets extended losses this week, with prices retreating to levels not seen in three months.

Nitish Kishor | 16 June 2026

Silver Futures Surge 1.4% as U.S.-Iran Ceasefire Deal Eases Geopolitical Risks, Fed Holds Rates

Silver futures rallied early Monday as a landmark U.S.-Iran ceasefire agreement reshaped market sentiment.

Nitish Kishor | 16 June 2026

SpaceX Explores $60 Billion Deal for AI Startup Cursor to Expand Enterprise AI Efforts

SpaceX has revealed plans to pursue the acquisition of Cursor, an artificial intelligence startup specializing in coding tools, for $60 billion. This move represents a strategic expansion into enterprise AI, following SpaceX’s recent public listing and subsequent market valuation growth.

Nitish Kishor | 16 June 2026

Silver Futures Dip 0.3% to $69.95 as Fed Meeting Overshadows Iran Deal Optimism

Silver futures edged lower at the open on June 16 as traders balanced optimism over a U.S.-Iran deal with caution ahead of the Federal Reserve’s two-day meeting. The July contract (SI=F) started the session at $69.95 per ounce, a 0.3% drop from the prior …

Nitish Kishor | 16 June 2026

South Korean Defense Shares Rally on Export Outlook as Geopolitical Tensions Rise

South Korean defense contractors saw a sharp uptick in share prices as market participants priced in stronger export prospects. The rally followed assessments that regional conflicts could accelerate demand for advanced military hardware, positioning local firms to secure new contracts.

Nitish Kishor | 16 June 2026

SanDisk Corp. (NASDAQ: SNDK) Sees $2,900 Target Boost from Cantor Fitzgerald on AI Expansion Potential

Cantor Fitzgerald's recent increase in the price target for SanDisk Corp. (NASDAQ: SNDK) to $2,900 marks a significant bullish stance on the stock, implying a potential upside of 74%. This favorable revision, made on June 8, is largely attributed to the company’s alignment with …

Nitish Kishor | 16 June 2026

Qualcomm (NASDAQ:QCOM) Rallies 4.27% as AI Strategy Lifts Investor Sentiment

Qualcomm (NASDAQ:QCOM) saw its shares rise 4.27% on June 15, as market participants showed renewed interest in the company’s strategic direction. The increase followed a period of decline, with investors reassessing the company’s potential in emerging areas.

Nitish Kishor | 16 June 2026

Passive Investment Surge Faces Test as Mega IPOs Near, Analysts Warn

Passive investment strategies continue to reshape equity market dynamics, with their steady inflows amplifying price momentum and limiting natural volatility dampeners. Analysts at ClearBridge, a global asset manager, argue that the dominance of passive vehicles has created a feedback loop where buying begets more …

Nitish Kishor | 16 June 2026
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