A federal judge in San Francisco has ruled that Workday Inc. must face a proposed class-action lawsuit alleging its artificial intelligence-driven recruiting and human resources software discriminates against certain job applicants. In the June 22, 2026 decision, U.S. District Judge Rita Lin largely denied Workday’s motion to dismiss, allowing claims...
SpaceX has entered the public bond market for the first time with an inaugural offering of senior unsecured notes targeting at least $20 billion, according to regulatory filings released this week in the United States. The move follows the company’s record-setting IPO earlier this month, which raised $75 billion and...
United States technology shares are under renewed pressure after Accenture’s latest earnings update triggered a 17.97% single-day drop in its stock, following a guidance cut that pointed to slowing demand and shifting patterns in IT spending. The move has catalyzed a broader sell-off across the technology landscape, as investors question...
New York — SpaceX completed a highly anticipated initial public offering on Monday, pricing its shares at US$135 and seeing them surge 67 percent at the open amid heavy investor demand and massive trading volumes across major U.S. exchanges. The stock climbed to an intraday high of US$225 before easing...
The U.S. Federal Communications Commission has issued a new order sharply restricting the import, sale, and use of drones containing foreign-manufactured components, expanding earlier measures that had primarily targeted China-based DJI. Announced in Washington, the policy aims to strengthen domestic aerial infrastructure and reduce dependence on foreign supply chains. However,...
South Korea — SK Hynix has overtaken Samsung Electronics to become the world’s most valuable memory chipmaker, according to market data released on June 22, 2026. The change marks the first time since 2000 that Samsung has lost its leading position in the global memory sector, underlining how rapidly the...
U.S. Treasury yields rose on Monday as investors reacted to President Donald Trump’s renewed threats of military action against Iran over Hezbollah’s attacks on Israel, a development that pushed oil prices higher and sharpened inflation concerns. The move followed a U.S. cash Treasury market holiday on Friday, with analysts saying...
China’s Ministry of Commerce on June 22, 2026 announced sanctions on 10 American defense-related companies, escalating trade and technology tensions with the United States. The sanctioned firms include major military drone manufacturers and companies involved in rare earth mineral mining and processing. They are now barred from exporting dual‑use items...
New York, United States – The cryptocurrency market came under intense pressure on June 21, 2026, as Bitcoin and other major digital assets fell about 17% amid a severe liquidity squeeze. Bitcoin exchange-traded funds recorded a record $6.4 billion in same-day net outflows, signaling rapid institutional withdrawal and amplifying selling...
The United States government has ordered Anthropic to suspend worldwide access to its newly launched Fable 5 artificial intelligence model, following an emergency directive issued three days after the system’s public release. Officials acted on national security concerns after Amazon’s CEO warned that internal researchers had reportedly bypassed Fable 5’s...
