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Dow, S&P 500, Nasdaq Jump: US Stocks Rally as US–Iran Deal Eases Oil and Supply Chain Pressures

US stock markets surged on Monday after investors welcomed a breakthrough US–Iran agreement aimed at ending hostilities and reopening the Strait of Hormuz, a key global shipping corridor. The Nasdaq...
Money

How Fox’s Roku Acquisition Could Reshape the Future of Streaming Technology

DEAL AT A GLANCE   Deal Metric Details Deal Value $22 billion enterprise value Price Per Share $160.00 (cash + FOX Class A stock) Cash Component $96.00...
Money

SpaceX Goes Public: $2 Trillion Debut Makes History — And Rewrites the Rules for Africa’s Digital Future

FAST FACTS: SPCX DEBUT Metric Value IPO Price $135 per share Opening Trade $150 per share (+11%) Intraday High $176.52 Current Trading ~$171 Valuation at Open $2 trillion+ Capital Raised $75 billion...
Money

SASSA JULY 2026 GRANT PAYMENT DATES: Full Schedule Confirmed Older Persons, Disability, Children’s Grants and SRD

PRETORIA, 12 June 2026-The South African Social Security Agency (SASSA) has confirmed the official payment dates for all...
Money

Durban’s Agribulk Terminal Ships First Maize Vessel in 18 Months — and a Record Harvest Promises More

After an 18-month silence, South Africa's Maydon Wharf Agribulk Terminal in Durban has loaded its first export maize...

From Blackjack Bailout to Global Brand: Lessons from Fred Smith’s Legacy

In the annals of entrepreneurial lore, few tales capture the blend of desperation, audacity, and vision quite like that...

From Tel Aviv to Wall Street: How Middle East Tensions Are Fueling an Oil...

As missiles flew over the Middle East this week, a different kind of detonation hit Wall Street—crude oil futures...

Adobe Stock Slides as Investors Question AI Payoff Despite Strong Earnings

Adobe Inc. (NASDAQ: ADBE) saw its shares tumble more than 7% on Friday, even after the software giant posted...

Why Alexandr Wang Is Key to Zuckerberg’s AI Endgame

In a move that signals a new phase in the global AI arms race, Meta has invested a staggering...

Israel-Iran Escalation Boosts Lockheed Martin Stock as Defense Orders Loom

Lockheed Martin (NYSE: LMT), America’s largest defense contractor, is experiencing a notable uptick in investor interest as geopolitical tensions...

Entire Fulbright Board Resigns in Protest Over Political Interference

In an unprecedented move that has sent shockwaves through the international academic community, all but one member of the...

Voyager Technologies Rockets Past Expectations with $383 Million Raised in Oversubscribed IPO

In a stellar debut on the New York Stock Exchange today, Voyager Technologies Inc. (NYSE: VOYG) defied market gravity...

Silver Airways Ceases All Operations, Cancels All Flights Amid Bankruptcy Sale

Silver Airways, the regional carrier once known for its short-haul flights across Florida, the Bahamas, and the Caribbean, has...

Inflation Cools Slightly in the U.S. — But Core Essentials Keep Pressure on Consumers

U.S. inflation slowed modestly in May, according to fresh data from the Bureau of Labor Statistics, suggesting that the...

Peanut Butter Manufacturer Fined R500,000 Following Contamination Scandal

South African peanut butter producer House of Natural Butters, the company behind the Eden All Butters brand, has been...

Cyberattack on UNFI Sparks Supply Chain Jitters: Whole Foods Among Retailers Scrambling to Adapt

A major cyberattack targeting the primary distributor for Whole Foods Market has disrupted food deliveries to thousands of grocery...

Warner Bros. Discovery Stock Rises as Company Announces Major Split

Warner Bros. Discovery (WBD) is making big moves—and Wall Street is taking notice. On Monday, the media giant announced it...
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