Otedola Boosts First HoldCo Stake, Apple Prices to Rise, SpaceX Drops | June 18, 2026
10 articles analyzed
Compiled from 8 sources across 7 countries
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Executive Summary
Today's business landscape sees a notable increase in Otedola's stake in First HoldCo, now at 20.42% following a N30 billion acquisition. In the tech sector, Apple CEO Tim Cook announced that users can expect price hikes for their devices, due to a memory chip shortage affecting production. Meanwhile, SpaceX's shares have fallen by 10%, indicating market volatility and investor concerns about the aerospace giant's current performance.
Startups — 5 articles
In a significant move, Baseten has raised $1.5 billion shortly after its previous funding round, showcasing robust investor confidence in AI-driven startups. Meanwhile, Otedola's acquisition reflects the growing trend of individual investors taking substantial stakes in promising firms.
- Otedola raises stake in First HoldCo to 20.42% after N30bn share acquisition — P.M. News Nigeria (NG)
- Les startups spatiales entament des conversations avec les assureurs pour évaluer les risques des centres de données dans l'espace — Folha de S.Paulo (BR)
- Rawdat Capital and Guolian Industry Investment Fund Management sign strategic partnership — BNA Bahrain News Agency (BH)
- La startup d'inférence d'IA Baseten aurait levé 1,5 milliard de dollars quelques mois après son dernier méga-tour — TechCrunch (US)
- Gulf Air ajoute le dernier Airbus A321neo à sa flotte — BNA Bahrain News Agency (BH)
Markets — 2 articles
The partnership between MinDA and BOI aims to enhance investment prospects in Mindanao, highlighting a regional focus on economic development, while SpaceX's share decline raises questions about the sustainability of its market position amidst broader economic challenges.
- MinDA, BOI boost Mindanao Investment partnership — Sun Star (PH)
- SpaceX s'effondre en bourse et se négocie en baisse de 10 % — HLN (BE)
Business — 3 articles
The strategic partnership between Rawdat Capital and Guolian Industry Investment marks an important collaboration in the investment sector. Simultaneously, KPMG's CEO faces scrutiny amid a parliamentary hearing, underscoring the ongoing accountability issues in corporate governance.
- BDB and KFH-Bahrain partner to support Farmers Market — BNA Bahrain News Agency (BH)
- Live: 'I don't see myself as a bad apple,' KPMG CEO tells parliamentary hearing — ABC (AU)
- Tim Cook says prices of Apple devices will jump amid memory chip shortage — ABCNews.com (US)
Sources: each headline links to the original article on the publisher's site.
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