Bitdeer Q2’26 slides: $4.7B Norway deal, 342% hash rate surge

Reliance Industries received an administrative warning from Sebi regarding insider trading. The regulator found employees traded shares with unpublished price-sensitive information. Sebi investigated trading activity during a specific period in 2024. The company stated the warning is cautionary and imposes no restrictions. Reliance will address the concerns raised in the Sebi letter.

Morgan Stanley has initiated coverage on SpaceX with an Overweight rating and a $300 target price, arguing its biggest opportunity lies beyond rockets. The brokerage believes SpaceX’s vertically integrated AI infrastructure, combining terrestrial and orbital compute, could transform it into one of the world’s most powerful AI infrastructure platforms.

HUL Q1 Results: Hindustan Unilever (HUL) reported a 3% year-on-year decline in Q1FY27 net profit to Rs 2,673 crore, missing analysts’ estimates, as the year-ago quarter included a one-off tax credit. Revenue, however, rose 10.2% to Rs 17,149 crore, driven by 10% underlying sales growth. HUL shares fell over 3% following the earnings announcement.