
Kevin Smith
Journalist
SpaceX officially launches its inaugural bond offering
SpaceX announced on Monday its intention to place its first offering of senior bonds with institutional investors, though it did not specify the total amount it expects to raise through the transaction.
June 22, 2026 at 08:10 pm IST
Targeted by Castlelake, EasyJet Braces for Shareholder Revolt
While EasyJet's board has rejected the takeover proposal from Castlelake, a credit and aviation specialist controlled by Brookfield, the bid may find significant support among the airline's frustrated shareholder base.
June 22, 2026 at 03:25 pm IST
Diageo's Call to Arms Fails to Convince Investors
A funereal atmosphere, as described by the Financial Times, surrounds the world's leading wine and spirits producer. Under the supervision of its new CEO, Dave Lewis, the company is embarking on a severe austerity program.
June 18, 2026 at 03:44 pm IST
Intuit joins ranks of suddenly demoted stockmarket stars
While the market once rewarded them with excessively generous valuation multiples, investors now show little interest in high-growth companies, which are perceived as being exposed to the risks of artificial intelligence.
June 17, 2026 at 01:12 pm IST
Nvidia Weighs up Options Ahead of Massive Share Buyback
A double surprise has emerged at Nvidia, where the market capitalization is now trading at its lowest earnings multiple in 5 years, even as the group yesterday announced that is raising $25bn through a bond issue.
June 16, 2026 at 04:36 pm IST
Saint-Gobain Shareholders Cheer Dahl Sale While Kesko Investors Recoil
A tale of two reactions: while the market applauded Saint-Gobain's divestment of Dahl, its Scandinavian plumbing and heating distribution subsidiary, the acquisition by Finnish firm Kesko met a cool reception from the buyer's shareholders.
June 16, 2026 at 12:31 pm IST
Adobe penalized by the market once again - despite solid results
In a textbook example of the rout facing formerly untouchable software stars, Adobe released its interim results after yesterday's closing bell. Investors frowned on the report with a mix of deep-seated distrust and extreme pessimism.
June 12, 2026 at 02:21 pm IST
Auto1 Group remains determined to dominate Europe's used car market
The German used vehicle specialist remains committed to an extremely ambitious long-term vision, continuing its steady transformation from a traditional distribution model to a more integrated offering.
June 11, 2026 at 01:13 pm IST
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