Today: 12 June 2026
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NASDAQ:MAR 4 November 2025 - 11 February 2026

Guyana’s oil boom fuels Georgetown makeover and eco-tourism push as university picks new chancellor

Guyana’s oil boom fuels Georgetown makeover and eco-tourism push as university picks new chancellor

Guyana is spending oil revenue on new hotels, roads, and airport upgrades to boost tourism beyond its capital, Georgetown, according to Bloomberg and Travel and Tour World. International hotel chains are entering the market. The University of Guyana named diplomat Sir Ronald Sanders as chancellor, the government said. Local officials warn of risks to rainforests as tourism expands.
Sonder Holdings (SOND) Bankruptcy Latest: Chapter 7 Liquidation, Lawsuits and Stock Outlook – 20 November 2025

Sonder Holdings (SOND) Bankruptcy Latest: Chapter 7 Liquidation, Lawsuits and Stock Outlook – 20 November 2025

Sonder Holdings filed for Chapter 7 bankruptcy in Delaware after Marriott ended a 20-year licensing deal, triggering an immediate wind-down and global insolvency proceedings. SOND shares traded at $0.09 on November 20, down from a $1.9 billion valuation in 2022. A WARN Act class action alleges 1,000 employees were laid off without proper notice. Industry estimates say nearly 10,000 units are affected worldwide.
Marriott–Sonder Meltdown: Guests Evicted Mid‑Stay as Sonder Winds Down; Marriott Now Directs Refunds to Credit Cards (Nov. 12, 2025)

Marriott–Sonder Meltdown: Guests Evicted Mid‑Stay as Sonder Winds Down; Marriott Now Directs Refunds to Credit Cards (Nov. 12, 2025)

Marriott on Wednesday told customers with pre-paid Sonder reservations to seek refunds through their credit card issuers, after previously suggesting Marriott would handle refunds directly. The move follows Sonder’s abrupt shutdown and planned liquidation, which left guests in dozens of cities without lodging and prompted Marriott to lower its 2025 net rooms growth outlook.
12 November 2025
Marriott Terminates Sonder Partnership After ‘Default’: Bonvoy Bookings Halted, 2025 Room‑Growth Outlook Trimmed

Marriott Terminates Sonder Partnership After ‘Default’: Bonvoy Bookings Halted, 2025 Room‑Growth Outlook Trimmed

Marriott International ended its licensing agreement with Sonder, citing a default by Sonder. Sonder properties have been removed from Marriott’s booking channels and are no longer part of Marriott Bonvoy. Marriott lowered its 2025 net rooms growth forecast to about 4.5% after removing Sonder inventory. The partnership began in 2024 and was intended to last 20 years.
9 November 2025

Stock Market Today

  • Stocks Surge on Middle East Peace Hopes Following Trump’s Iran Strike Cancellation
    June 11, 2026, 6:41 PM EDT. US stock indexes surged Thursday after President Trump canceled planned strikes on Iran and hinted at an imminent peace deal, easing geopolitical tensions. The S&P 500 rose 1.75%, Dow Jones gained 1.86%, and Nasdaq 100 jumped 3.29%. AI-related and chipmaker stocks led gains, while oil's 2% drop boosted airlines and cruise lines. Software stocks fell, with Oracle down 8% due to higher capital expenses from increased data spending. Despite economic concerns with rising US jobless claims hitting a 4-month high and mixed producer price index data, market sentiment improved on hopes of de-escalation in the Middle East and continued US naval blockade of the Strait of Hormuz until deal finalization.

Latest articles

AST SpaceMobile Jumps After BlueBird Launch Date News

AST SpaceMobile Jumps After BlueBird Launch Date News

12 June 2026
AST SpaceMobile shares soared 11.73% to $97.56 after confirming BlueBird satellites 8, 9, and 10 will launch June 17 on a Falcon 9, aiming to nearly double peak data speeds for its direct-to-smartphone broadband network; shares reached $101.00 after hours as investors focused on this key deployment milestone following recent volatility.
Sandisk Jumps to 52-Week High, Gains 14.5% in AI-Fueled Push

Sandisk Jumps to 52-Week High, Gains 14.5% in AI-Fueled Push

12 June 2026
Sandisk soared 14.5% to $1,881.51 after hitting a 52-week high amid a semiconductor rally, fueled by a 251% year-over-year revenue jump and bullish guidance for Q4 revenue of $7.75–$8.25 billion; Bank of America raised its price target to $2,100, citing strong memory pricing and supply contracts, as Sandisk joins the Nasdaq-100 and investors eye data-center demand and new business agreements.
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