In brief
Commodities
Oil Drops Below $76 as Prospects of U.S.-Iran Deal Ease Supply Concerns
Oil prices fell more than 7% below $76 per barrel as traders reacted to reports of a potential U.S.-Iran agreement.
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Daily edition16Jun 2026
Tuesday
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Tuesday
3 news articles · 6 briefs · 0 guides-
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In brief Business
SpaceX Surpasses Microsoft, Acquires Cursor Maker in $60 Billion Deal
SpaceX surpassed Microsoft in market value and agreed to acquire AI coding startup Anysphere in a $60 billion stock deal.
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News BusinessSpaceX to Acquire Cursor Developer Anysphere in $60 Billion All-Stock Deal
SpaceX agreed to acquire Anysphere, the developer of AI coding tool Cursor, in a $60 billion all-stock merger through subsidiary X67 Inc.
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In brief Big Tech & Innovation
Amazon and Coinbase Launch Payments Network for AI Agents
AWS and Coinbase launched infrastructure that allows AI agents to automatically pay for content, APIs, and online services.
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In brief Business
Tripadvisor to Sell TheFork to American Express for $700 Million
Tripadvisor agreed to sell restaurant reservation platform TheFork to American Express for $700 million as it sharpens its focus on travel experiences.
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Bank of Japan Raises Interest Rates to 1%, Highest Level Since 1995
The Bank of Japan raised its benchmark interest rate to 1%, the highest level in more than three decades, as policymakers respond to persistent inflation and pressure on the yen.
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In brief Personal Finance
Elon Musk Adds $165 Billion in a Day, Exceeding Bill Gates’ Entire Fortune
Elon Musk added $165 billion to his fortune in one day — more than Bill Gates’ entire estimated net worth.
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In brief Markets
SpaceX Surpasses Amazon as Valuation Reaches $2.8 Trillion
SpaceX reached a $2.8 trillion valuation, surpassing Amazon and becoming one of the world's most valuable companies.
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Story of the Day MarketsSpaceX Surpasses $2.5 Trillion Valuation as Shares Top $200
SpaceX shares climbed above $200 for the first time, pushing the company’s valuation to approximately $2.5 trillion and making it one of the largest public companies in the world.
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