Stock Market
Microsoft shares jump 15% after AI‑boosted earnings beat expectations
Microsoft shares surged after reporting strong quarterly earnings and robust growth in its artificial intelligence and cloud computing segments.
Apple briefly tops US$5 trillion market value for first time
Apple briefly crossed a market capitalization of $5 trillion for the first time during intraday trading, making it the second company in history to reach the milestone.
Nasdaq-100 slides into correction as global chip and memory stocks sell off
The Nasdaq-100 index slid into correction territory following a severe global sell-off in semiconductor and memory stocks driven by AI infrastructure spending concerns.
FTSE 100 Live: London stocks trade higher despite $100 oil, tech jitters
The FTSE 100 closed 29 points higher despite global concerns over surging energy prices and disappointing earnings from major US technology firms. Strong performances from UK engineering and medical companies helped the index buck the negative international trend.
Tesla and Google shares slump as heavy AI spending spooks investors
Heavy investment in emerging technologies by Tesla and Alphabet has triggered a broad tech sell-off and prompted concerns over profitability.
Supermicro shares surge 16% as margin outlook lifts on $60bn backlog
Supermicro shares climbed after the company disclosed a sharper-than-expected margin outlook and a record-size order backlog. The results showed quarterly profit growth alongside a major upgrade to the company's gross margin projections.
SpaceX shares drop below IPO price as valuation concerns mount
SpaceX stock has dipped below its initial public offering price, prompting a shift in investor focus from market hype to the company’s underlying profitability challenges.
Apple briefly overtakes Nvidia as world’s most valuable company
Apple's market capitalization briefly eclipsed Nvidia's as the company gained momentum ahead of its fiscal third-quarter earnings report on July 30.
SpaceX Starship rocket aborts before liftoff in 13th flight test attempt
SpaceX's 13th Starship test was halted seconds before launch after an automatic abort triggered by engine ignition failure. The incident caused company shares to fall to $131.11, dropping below the $135 IPO price for the first time.
Elon Musk loses trillionaire status as SpaceX and Tesla shares fall
Elon Musk's net worth has fallen below $1 trillion following a sharp decline in SpaceX share prices. A single-day drop of 16.43% for SpaceX shares erased $240 billion from his personal valuation.
SpaceX shares slip below IPO price for first time as rally fizzles
SpaceX stock has slipped below its initial public offering price, marking a shift for the company following its market debut. Analysts are now closely watching upcoming earnings and insider lock-up expirations for signs of volatility.
Wall Street stocks rise on cooling inflation and strong quarterly earnings
Major equity indexes finished in positive territory as a decline in the Producer Price Index signaled cooling inflation, shifting expectations for Federal Reserve policy.
PayPal jumps 16% as Stripe and Advent unveil $53bn acquisition offer
PayPal stock rose after reports of a $53 billion takeover offer led by Stripe and Advent International. Analysts are split on whether the bid reflects the company's intrinsic value.
SpaceX shares dip near IPO price, sparking doubts over future listings
SpaceX's stock is testing a psychological threshold near its IPO price, prompting investors to reassess the company's valuation and broader market appetite.
IBM shares tumble over 25% after earnings warning on weak mainframe sales
IBM stock saw its sharpest one-day decline in history after the company reported a shortfall in revenue and earnings. The company noted a shift in client spending toward AI-focused infrastructure and delayed deal closures.
Oil prices surge as Middle East fighting spikes, AI stocks tumble
Global financial markets face pressure from escalating Middle East hostilities driving oil prices and a pullback in AI-led tech shares. Investors are now awaiting quarterly earnings reports from major financial institutions to gauge potential economic impacts.
Robinhood shares fall 3% despite Morgan Stanley price target upgrade
Robinhood shares fell during Friday morning trade even as Morgan Stanley raised its price target for the company. Analysts are evaluating the growth of the new Robinhood Chain alongside upcoming second-quarter earnings.
Kusumgar IPO Day 2: Check Latest GMP, subscription status, and other
Kusumgar Ltd.'s ₹650 crore IPO concludes on 10 July 2026, following robust demand across institutional and retail categories. The company serves sectors including aerospace, defence, and automotive.
AI chip stocks tumble despite Samsung's record profit surge
Samsung shares slumped following record quarterly earnings, sparking a wider sell-off across global AI-related semiconductor and memory chip stocks.
SpaceX shares fall as company makes Nasdaq 100 debut
SpaceX joined the Nasdaq-100 index 15 trading days after its IPO, triggering market volatility and projected portfolio rebalancing by index funds.