Finance news on June 28, 2026

1. 0119:13 UTC

   Gujarat tech startups raise Rs 332.8 crore in risk capital, iHub data shows

   2 outlets · first: Times of India Markets

   Machine summary iHub Gujarat data indicated that Gujarat-based startups raised Rs 332.8 crore over the past two years, part of Rs 652.6 crore mobilised for 139 startups at startup conclaves.

   1. iHub Gujarat data indicated that startup conclaves mobilised Rs 652.6 crore for 139 startups in the past two years
   2. Rs 332.8 crore of that amount was raised by Gujarat-based startups, according to iHub Gujarat data

   Reported by Times of India and The Times of India.

   • iHub Gujarat

2. 0218:05 UTC

   Alphabet, Amazon and Tesla shares fall

   2 outlets · first: nasdaq.com Markets

   Machine summary According to The Motley Fool, Alphabet shares have dropped by over 10% relative to their mid-May peak, and Amazon and Tesla shares have decreased too. The report said bullishness around Space Exploration Technologies' initial public offering appears to be fading, while Micron Technology shares rose after its third-quarter earnings.

   1. The Motley Fool reports that Alphabet shares have dropped by over 10% from their mid-May peak.
   2. Amazon and Tesla shares have also fallen, the report said.
   3. Micron Technology shares shot higher in response to its third-quarter earnings, according to the report.

   Reported by nasdaq.com and fool.com.

   • Amazon
   • Alphabet
   • Tesla
   • Micron Technology
   • Space Exploration Technologies

3. 0319:45 UTC

   Report: Planet Labs posts record quarterly revenue of about $94 million

   2 outlets · first: CBJ Markets Mostly press releases

   Machine summary The commentary said backlog exceeded US$906 million and that the company raised full-year revenue guidance to roughly US$425–441 million.

   1. Backlog was above US$906 million, the commentary said.
   2. Cash and short-term investments rose 223% year-over-year to about US$731 million, according to the commentary.
   3. The commentary said Planet raised full-year revenue guidance to roughly US$425–441 million.
   4. The commentary listed Satellogic (Nasdaq: SATL) and BlackSky (NYSE: BKSY) among other listed Earth-observation and satellite-data names.

   Reported by CBJ and montrealgazette.com.

   • Satellogic Inc.

4. 0411:00 UTC

   Coverage recordBloomberg: “Europe’s Hunt for AI Stocks Leads to Power Suppliers and Banks”

   2 outlets · first: Bloomberg Markets

   Reports ran between 11:00 and 12:41 UTC on Jun 28.

   The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

   Reported by Bloomberg and businesstimes.

5. 0519:02 UTC

   Roundhill Magnificent Seven ETF returned 163% since inception, Motley Fool reports

   2 outlets · first: nasdaq.com Markets

   Machine summary The Roundhill Magnificent Seven ETF has produced a total return of 163% since its inception in April 2023 and carries an expense ratio of 0.3%, according to a Motley Fool report. The report states the ETF weights its seven holdings equally, rebalances quarterly, and registered a maximum drawdown of 30% over the last three years.

   1. The Roundhill Magnificent Seven ETF has been around since April 2023 and carries an expense ratio of 0.3%, according to the report
   2. The ETF has produced a total return of 163% since inception, the report states
   3. All seven stocks are weighted equally with quarterly rebalancing, targeting about 14.3% per holding, according to the report
   4. The ETF registered a maximum drawdown of 30% in the last three years, while the S&P 500's biggest dip was 19%, the report states
   5. As cited in the report, research from The Motley Fool indicates that the Magnificent Seven stocks account for roughly 33% of the S&P 500 index's total market capitalization.

   Reported by nasdaq.com and fool.com.

   • The Motley Fool

6. 0622:00 UTC

   Economist Richard Koo on China's balance sheet risks

   1 outlet · first: scmp.com Economy

   Machine summary Nomura Research Institute chief economist Richard Koo said China's 5 per cent GDP growth figure seems optimistic given difficulties facing Chinese companies, and pointed to China's 10-year government bond yield of about 1.7 to 1.8 per cent as a sign that many are paying down debt rather than borrowing.

   1. Koo said China's 5 per cent GDP growth number seems very optimistic when hearing about the difficulties Chinese companies are having
   2. Economist Richard Koo said China's 10-year government bond yield is about 1.7 to 1.8 per cent.

   Reported by scmp.com.

   • China
   • Nomura Research Institute

Each summary and its key facts are a machine summary of the reports linked under it; the outlets, times and counts come from those reports' own records. How a rundown is built.