Today: 13 June 2026
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NSE:RAYMONDLSL 5 December 2025

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 05.12.2025

India’s Nifty closed at 26,186.45, up 0.6%, after the RBI cut the repo rate by 25 basis points and signaled more easing. Raymond Lifestyle reported net debt/EBITDA of 0.69x and interest coverage of 1.1x, with ₹33.0b in short-term liabilities. Pennar Industries shares have surged 890% in five years despite a recent 25% pullback. LSE trades near $5.20–$5.33 as AI signals flag possible renewed weakness.

Stock Market Today

  • Saylor Highlights 25% of 'Mag8' Firms Holding Bitcoin After SpaceX IPO
    June 13, 2026, 10:14 AM EDT. Michael Saylor, co-founder of Strategy-the largest publicly listed bitcoin holder-has praised Elon Musk following SpaceX's historic Nasdaq debut. SpaceX's $1.75 trillion IPO marks it as the eighth member of Saylor's 'Mag8' group, an expansion of the 'Magnificent Seven' tech giants. Saylor noted that 25% of these elite firms now hold bitcoin on their balance sheets. SpaceX ranks as the eighth-largest public bitcoin holder with 18,712 BTC, while Tesla holds 11,509 BTC. Strategy leads significantly with 845,256 BTC valued at over $54 billion. The development underscores growing institutional bitcoin adoption among top-tier technology companies.

Latest articles

Red Lobster chief Damola Adamolekun leans on AI, shrimp promo for turnaround

Red Lobster chief Damola Adamolekun leans on AI, shrimp promo for turnaround

13 June 2026
Red Lobster CEO Damola Adamolekun is betting on AI for sales forecasting, food ordering, HR, and scheduling as the chain fights to recover from its 2024 bankruptcy, but despite improved same-store sales and a $60 million cash infusion, Red Lobster lost money in four of the past five quarters and 2025 sales stayed over 20% below pre-bankruptcy levels.
Roku Stock Jumps 20% on Sale Talk as Investors Watch Next Catalyst

Roku Stock Jumps 20% on Sale Talk as Investors Watch Next Catalyst

13 June 2026
Roku soared 20% to $143.66 after reports it’s exploring strategic options, including a possible sale, with Reuters noting talks with at least one U.S. media company; the stock’s rally raises valuation risk if a deal doesn’t materialize, while index inclusion on June 22 may drive short-term demand.
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