IBM Unveils World’s First 0.7nm Chip as Premarket Shares Rise 4.5%
IBM unveiled the world’s first 0.7nm chip featuring nearly 100 billion transistors, sending its shares higher in premarket trading.
Stay informed with concise, high-impact updates on the most important business, tech, and market stories of the day. Our Briefs deliver quick yet comprehensive coverage of breaking developments, corporate moves, regulatory changes, and major innovations shaping global industries. Each piece distills complex events into clear, actionable insights – perfect for readers who want to stay ahead without scrolling through endless newsfeeds. Designed for professionals and investors alike, this section keeps you connected to the pulse of global markets and the business world in minutes.
IBM unveiled the world’s first 0.7nm chip featuring nearly 100 billion transistors, sending its shares higher in premarket trading.
Meta is reportedly building Arena, a standalone prediction markets app designed to compete with Polymarket and Kalshi.
Gold fell below $4,000 for the first time since November 2025, while gold and silver markets have lost an estimated $12 trillion in value.
Take-Two confirmed GTA VI will launch at $79.99, while a premium edition will be priced at $99.99 ahead of preorders opening June 25.
Strategy shares fell to a 23-month low as the company’s unrealized Bitcoin losses climbed to approximately $11.2 billion.
Thoma Bravo is handing Medallia to lenders, wiping out roughly $5 billion and marking one of the largest private equity losses ever.
Elon Musk reportedly lost more than $350 billion in a single day as SpaceX shares fell below their opening-day trading price.
South Korea’s KOSPI index plunged nearly 10%, erasing more than ₩800 trillion in market value and triggering trading halts.
SpaceX signed a $6.3 billion AI computing agreement with Reflection AI, adding another major customer to its growing infrastructure business.
SpaceX launched its first major bond offering after its record IPO, despite holding more than $100 billion in cash.