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Capita (LON: CPI) Stock Plunges 15.1% After UK Government Statement on Civil Service Pension Contract
📅 in about 5 hours

Capita (LON: CPI) Stock Plunges 15.1% After UK Government Statement on Civil Service Pension Contract

Capita shares fell 15.1% on Tuesday, July 7, 2026, after a ministerial statement on its pension contract. Some reports put the intraday drop as high as 16%. The Paymaster General criticized Capita’s handling of the Civil Service Pension Scheme. This marks another setback in Capita’s troubled outsourcing history. What Triggered Capita’s Stock Plunge Cabinet Office…

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Samsung Profits Surge 1,800% as AI Memory Chip Demand Drives Record ₩89.4 Trillion Quarterly Operating Profit and ₩171 Trillion Sales
📅 in about 4 hours

Samsung Profits Surge 1,800% as AI Memory Chip Demand Drives Record ₩89.4 Trillion Quarterly Operating Profit and ₩171 Trillion Sales

Samsung posted a record second-quarter operating profit of 89.4 trillion won, up 1,810.3% year-over-year. The company reported revenue of 171 trillion won, compared with 133.9 trillion won last quarter.  AI-driven memory chip demand powered this surge. The results mark Samsung’s third consecutive record quarter this year. Samsung Posts Record Profit on AI Memory Demand Samsung…

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Micron Technology Inc (NASDAQ: MU) Stock Gains 0.94% as AI Infrastructure Drives Memory Market Growth
📅 in about 2 hours

Micron Technology Inc (NASDAQ: MU) Stock Gains 0.94% as AI Infrastructure Drives Memory Market Growth

Micron Technology Inc closed higher after its stock rose 0.94%, as investors continued to focus on companies supplying memory products for artificial intelligence systems. The expansion of AI data centers is driving higher demand for advanced memory, giving Micron Technology Inc added exposure to one of the fastest-growing areas in technology infrastructure. / The latest…

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Syntiant IPO Filed: Intel, Microsoft-Backed AI Chipmaker Reports $64.5M Revenue, $26.2M Net Loss
📅 in less than a minute

Syntiant IPO Filed: Intel, Microsoft-Backed AI Chipmaker Reports $64.5M Revenue, $26.2M Net Loss

On July 7, 2026, AI chipmaker Syntiant filed for a US initial public offering (IPO), taking another step towards becoming a publicly traded company. Backed by Intel and Microsoft, the company reported $64.5 million in revenue and a $26.2 million net loss in its latest filing. Interest in AI chip companies remains strong, and investors…

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Trent Stock Down 10.81% After Slower Growth Warning
📅 1 hour ago

Trent Stock Down 10.81% After Slower Growth Warning

Trent stock fell 10.81% on July 7, 2026, hitting a low of ₹2,986 on the NSE. The Tata Group retailer reported 19% year-on-year standalone revenue growth for Q1 FY27. That figure missed analyst estimates of 22-23% growth. Weak store productivity and a slower expansion pace triggered the sharp selloff. Trent Stock Falls on Revenue Growth…

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Australian Economy Faces Worst Slowdown Since 1990s Recession
📅 2 hours ago

Australian Economy Faces Worst Slowdown Since 1990s Recession

The Australian economy is heading toward its weakest stretch of growth since the early 1990s recession. Deloitte Access Economics now forecasts GDP growth of just 1.3% for 2026/27. That follows a downgrade from an earlier estimate of 1.9%. Inflation, rate hikes, and weak productivity are driving this slowdown across the country. Growth Forecasts Fall Sharply…

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Samsung Electronics Co Ltd Falls 9.12% Despite Record 2Q Profit
📅 2 hours ago

Samsung Electronics Co Ltd Falls 9.12% Despite Record 2Q Profit

Samsung Electronics shares dropped 9.12% on July 7, 2026, even after posting record quarterly profit. The company reported preliminary Q2 operating profit of 89.4 trillion won ($58.4 billion). That figure surged 1,810.3% year over year. Investors sold into the news anyway, triggering a sharp single-day decline across South Korea’s chip sector. Samsung Electronics Posts Record…

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Besi Shares Plunge More Than 7% After Report Signals Delay in Hybrid Bonding Adoption
📅 19 hours ago

Besi Shares Plunge More Than 7% After Report Signals Delay in Hybrid Bonding Adoption

Besi shares dropped more than 7% sharply Monday after a new report raised doubts about one of its key growth drivers. BE Semiconductor Industries following a ZDNet report suggesting hybrid bonding adoption could face further delays. The Dutch chip-equipment maker holds a first-mover advantage in the technology. What the Report Actually Said South Korean outlet…

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Nasdaq Futures Jump 1% to Lead Wall Street Higher; S&P 500 Futures Gain 0.4% After Long Holiday Weekend
📅 21 hours ago

Nasdaq Futures Jump 1% to Lead Wall Street Higher; S&P 500 Futures Gain 0.4% After Long Holiday Weekend

On July 7, 2026, U.S. stock futures pointed to a positive start for Wall Street following the long Independence Day holiday weekend. Nasdaq futures rose about 1%, while S&P 500 futures added roughly 0.4% as investors returned to technology stocks.  Traders are also preparing for a busy week that includes Federal Reserve updates, fresh economic…

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