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EPFO Warns Against Shifting Provident Fund Savings Into Mutual Funds
EPFO issued a clear advisory on Thursday, July 23, 2026, urging employees not to withdraw provident fund savings solely to invest in mutual funds. The retirement body stated that EPF and mutual funds serve fundamentally different financial goals. Posting on social media platform X, EPFO used the tagline “EPF is enough for the wise” to…
Lohia Corp IPO Day 2: GMP Falls Sharply as ₹1,101 Crore Issue Sees Tepid Demand
Lohia Corp’s ₹1,101 crore initial public offering (IPO) drew a cautious response from investors on Day 2, July 24, 2026, while its grey market premium (GMP) slipped sharply from the levels seen before the issue opened. The decline has led many investors to reassess the stock’s listing potential, even though the IPO remains open for…
Tesla Stock Falls 1.3% After Q2 Profit Miss, $25B Capex Plan July 23
Tesla misses Q2 earnings forecast despite record $28.24B revenue. Stock slides 1.3% as company plans $25B capex and $30B in new borrowing for AI and robotaxi expansion.
Indo-MIM IPO Details: Issue Size, Financial Performance, and Long-Term View
Indo-MIM opened its ₹3,811.21 crore initial public offering (IPO) on 23 July 2026, making it one of India’s largest public issues this year. The precision engineering company has drawn strong attention from both institutional and retail investors, backed by solid financial growth and a growing presence in global manufacturing markets. As India strengthens its position…
Tesla Shares Fall 4% After Q2 Profit Miss Despite Revenue Beat
Tesla missed Q2 profit expectations with adjusted EPS of $0.33 versus $0.51 forecast, though revenue hit $28.24 billion. Shares fell 4% after the earnings report.
Researcher Joshua Achiam Says Frontier AI Has Already Reached Superhuman Intelligence
Frontier AI became the focus of fresh debate after former OpenAI Chief Futurist Joshua Achiam declared “superhuman intelligence is here.” He shared the statement on X, but it was not connected to a research paper, benchmark result, product release, or technical announcement. Instead, it reflected his assessment of what today’s most advanced AI models are…
NVDA Stock in Focus as Wistron Opens $700 Million AI Facility in Texas
On 21 July 2026, Nvidia supplier Wistron opened a $700 million AI manufacturing facility in Fort Worth, Texas, expanding AI production in the United States. The new plant will manufacture NVIDIA GB300 Grace Blackwell Ultra systems before moving on to next-generation Vera Rubin Superchips. The opening comes as global demand for AI infrastructure continues to…
Cathie Wood Loads Up on SpaceX as Stock Hits New Low on July 21
Cathie Wood’s Ark Invest adds $36M+ in SpaceX shares as stock hits all-time low after 47% decline from IPO peak. Wood also buys Meta and Archer Aviation, betting on long-term innovation over short-term pain.
Blackstone Invests in South Korea’s Futronic in $676 Million Robotics Deal
On 20 July 2026, Blackstone announced a 1 trillion won ($676 million) investment in South Korean robotics supplier Futronic. It is one of the firm’s largest robotics investments in Asia. The deal comes as manufacturers continue to increase spending on AI-powered production systems and smart factories. The investment gives South Korea’s robotics industry another boost…