Today: 28 June 2026
IPO calendar eyes Bending Spoons as shortened week thins deal pipeline

IPO calendar eyes Bending Spoons as shortened week thins deal pipeline

Bending Spoons (NASDAQ:BSP) drives 61% of next week’s $2.56 billion U.S. IPO proceeds, making its $1.57 billion raise a key test for investor appetite in debt-heavy software M&A, with a $18.1 billion valuation and 4.0x net debt to EBITDA leverage, as markets brace for a holiday-shortened week and a looming $29.4 billion SK hynix Nasdaq ADR.

PEM vs Alkaline vs Solid Oxide Electrolyzers: The 2025 Hydrogen Technology Showdown

PEM vs Alkaline vs Solid Oxide Electrolyzers: The 2025 Hydrogen Technology Showdown

Sunfire reported 84% LHV efficiency in a multi-megawatt SOEC unit; NASA ran a 4 MW SOEC in 2023. Alkaline electrolyzers cost $2,000/kW, Chinese units as low as $750/kW; PEM at $2,450/kW; SOEC pilots at $2,000–$3,000/kW. Alkaline and PEM reach 60,000–90,000 hours lifetime, SOEC demos 20,000 hours. Sinopec commissioned a 260 MW alkaline plant in 2023; Shell’s 100 MW PEM project targets 2027.
AI News Roundup – June 28, 2025

AI News Roundup – June 28, 2025

Meta hired OpenAI researcher Trapit Bansal and bought a 49% stake in Scale AI, valued at nearly $15 billion, while securing 1.1 GW of nuclear power for future AI data centers. Amazon’s stock nearly doubled in three years as AWS holds about 30% of the global cloud market. U.S. Judge Alsup ruled AI training on copyrighted books can be fair use, but Anthropic faces trial in December over alleged use of pirate copies.
June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

OpenAI CEO Sam Altman said GPT-5 will launch in summer 2025, claiming major improvements over GPT-4. Midjourney released its first text-to-video system, Model V1, in June 2025. Meta delayed LLaMA 4 Behemoth to late 2025 due to performance issues. Google DeepMind introduced Gemini Robotics On-Device, running vision-language-action AI entirely on robots.

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Plug Power (NASDAQ:PLUG) stock heads into June 30 cash deadline after shares fall five days

Plug Power (NASDAQ:PLUG) stock heads into June 30 cash deadline after shares fall five days

Plug Power (PLUG) fell 1.17% to $2.54 Friday, capping a five-day, 10.9% slide as volume jumped above average, with investors eyeing a June 30 deadline to close a $132.5M–$142M asset sale to Stream Data Centers—a key liquidity event equal to up to 64% of unrestricted cash and nearly all Q1 operating cash use—amid a shortened trading week before the July 3 market holiday.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 28.06.2026

LIVEMarkets rolling coverageStarted: June 28, 2026, 4:00 AM EDTUpdated: June 28, 2026, 11:29 AM EDT Intel Shares Pull Back from $700 Billion Market Cap Amid Chip Sector Selloff June 28, 2026, 11:18 AM EDT. Intel (NASDAQ:INTC) shares fell 3.42% to $128.32 on Friday, retreating from a 52-week high of $141.45 and slipping below a $700 billion market capitalization target, closing at around $645 billion. The selloff in semiconductor stocks, including a 5.3% drop in the PHLX Semiconductor Index, reflects investor concerns over AI spending and profit margins. Intel traded approximately 587 million shares during the week, outpacing its short interest,
Fifth Third’s Social Security card change puts $3.6 billion Direct Express deposit base in play

Fifth Third’s Social Security card change puts $3.6 billion Direct Express deposit base in play

Fifth Third Bancorp (NYSE:FITB) is absorbing millions of Direct Express cardholders and $3.6 billion in noninterest-bearing deposits as Social Security ends paper checks, giving FITB a major low-cost funding boost—but execution risks loom as the bank integrates Comerica’s former program and manages potential fraud and service challenges.
IHG buyback near record highs puts capital-return math in focus

IHG buyback near record highs puts capital-return math in focus

IHG bought back 200,000 shares for $34 million at near-record prices through June 25, shrinking its share count as its London stock closed Friday at $171.55, just 2.4% below its all-time high; this aggressive buyback, part of a new $950 million program, means future per-share growth will rely more on room and fee expansion, with investors eyeing upcoming half-year results on August 11.
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