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Dow Futures Climb, Nasdaq Futures Fall 0.7% as TSMC Earnings Trigger Chip Stock Selloff
On 16 July 2026, U.S. stock futures pointed in different directions before the opening bell. Dow futures edged higher, while Nasdaq futures dropped about 0.7% after investors reacted to Taiwan Semiconductor Manufacturing Co.’s (TSMC) latest earnings. Although the chipmaker posted strong results and maintained a positive outlook for AI demand, semiconductor shares still came under…
CXMT’s $8.6 Billion IPO to Generate at Least $41 Million in Fees for Chinese Investment Banks
CXMT’s $8.6 billion Shanghai IPO is set to generate substantial fees for underwriters. The memory chipmaker priced shares at 8.66 yuan, or $1.28 apiece. That values CXMT’s business at roughly $85.2 billion upon its Shanghai Star Market debut. CXMT’s offering surpasses SMIC’s 2020 record as the largest chip IPO in China. Subscriptions opened Thursday, July…
Nvidia (NASDAQ: NVDA) Partners With Fanuc and Yaskawa to Accelerate AI-Powered Robotics Development
Nvidia confirmed Thursday, July 16, 2026, that it’s partnering with Japanese robotics giants Fanuc and Yaskawa Electric to accelerate AI-powered robotics development. CEO Jensen Huang announced at a media event in Tokyo, framing physical AI as the technology’s next major frontier. The move expands Nvidia’s Cosmos Coalition, a growing alliance built around its robotics software…
Air India Crash Probe Nears End as AAIB Completes Psychological Autopsy and Cockpit Voice Transcript
Air India’s fatal crash investigation has entered its final analysis phase. India’s Aircraft Accident Investigation Bureau confirmed this in a court filing dated July 14, 2026. The AAIB has completed a cockpit voice recorder transcript and a psychological autopsy. The Boeing 787 crash killed 260 people after takeoff from Ahmedabad on June 12, 2025. A…
Hyundai Motor to Make Boston Dynamics a Wholly Owned Unit by Buying SoftBank Stake
Hyundai Motor Group is finalizing full ownership of Boston Dynamics this month. The automaker will buy SoftBank Group’s remaining 9.65% stake for $325 million. This move ends a multi-year ownership arrangement dating back to 2021. Hyundai originally paid $880 million for an 80% controlling stake that year. The deal values Boston Dynamics at a far…
Hardee’s Franchisee Files Chapter 11 as 59 Stores Face Closure Risk
Hardee’s franchisee Superior Star files Chapter 11 bankruptcy on July 9, putting 59 stores at risk across 10 states due to a $7.04 million seller financing dispute and hidden liabilities from its 2023 acquisition.
Oil Surges to $81 as US-Iran Conflict Escalates Over Strait of Hormuz
WTI crude oil climbs to $81 per barrel as US launches fourth consecutive day of strikes on Iran and reimpose naval blockade of Iranian ports, disrupting global energy supplies.
Samsung Galaxy S26 Ultra Faces Red Tint Defect After 2-3 Months, July 16
Samsung Galaxy S26 Ultra users report red tint defects on displays after 2-3 months of use. The company is investigating the issue, which may be linked to the Privacy Display feature. Affected devices are within warranty.
Gold Price Today: MCX Gold Falls 0.46% to ₹1,41,600 as Brent Crude Climbs to $85.75
Gold prices moved lower in early trading on July 15, 2026, with MCX Gold futures dropping 0.46% to ₹1,41,600 per 10 grams as Brent crude oil climbed to $85.75 a barrel. The opposite movement in the two commodities has drawn attention from investors watching inflation and global market conditions. Higher crude oil prices can influence…