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FTSE 100 Edges Higher While Sterling Hits $1.3367 After Disappointing U.S. Jobs Report
FTSE 100 jumped 174 points to close at 10,652 on Thursday, July 2, 2026. The rally followed a weaker-than-expected U.S. jobs report, which rattled dollar strength. Nonfarm payrolls rose just 57,000 in June, far below the 110,000 consensus estimate. Sterling climbed 0.52% to $1.3349 against the dollar. The FTSE 100 posted its highest close since…
Ecommerce Giant Alibaba and Tencent Invest $2.8 Billion in Kuaishou’s Kling AI as Valuation Hits $15 Billion
On July 3, 2026, Chinese technology companies Alibaba and Tencent backed one of the year’s largest artificial intelligence funding deals, investing $2.8 billion in Kuaishou’s Kling AI. The investment gives the AI video platform a $15 billion valuation and reflects rising confidence in China’s generative AI sector. With competition in AI accelerating worldwide, the deal…
Crypto Prices Today: Bitcoin Holds Near $61,390 as Ether and Solana Lead Market Rebound After Weak US Jobs Data
Crypto prices rebounded sharply on Thursday, July 2, 2026, after weak US jobs data hit the dollar. Bitcoin traded near $61,564.20, up 0.75% over 24 hours. Ether outperformed with a 4.80% gain to $1,720.44, while Solana climbed 1.70% to $80.71. The broader crypto market capitalization reached $2.01 trillion, up 2.38% for the day. Fed Chair…
Nvidia Corp (NVDA) Stock Up 1.39% After Pacific Sage Partners Purchases 4,467 Shares
On July 3, 2026, Nvidia Corp. (NASDAQ: NVDA) shares climbed 1.39% after a new regulatory filing revealed that Pacific Sage Partners increased its stake by purchasing 4,467 additional shares. The latest investment adds to the steady flow of institutional buying in the AI chipmaker, which remains one of the market’s most closely followed technology companies….
Zuckerberg Says Meta’s AI Agent Development Is Progressing Slower Than Expected Despite Massive Spending
On July 2, 2026, Meta CEO Mark Zuckerberg said the company’s AI agent development is moving more slowly than expected, despite spending billions of dollars on infrastructure, hiring, and research. The comments caught many by surprise because Meta has been investing heavily in artificial intelligence to keep pace with its biggest competitors. The update raises…
SK Hynix Inc (KRX: 000660) Climbs +11.32% to 2,434,500 KRW After BitMart Announces Stock Listing & Incentive Program
On July 3, 2026, SK Hynix Inc. (KRX: 000660) climbed 11.32% to 2,434,500 KRW, catching the attention of investors focused on AI and semiconductor stocks. Buying picked up after BitMart announced a stock listing and incentive program, giving the shares an extra boost during the session. Even so, much of the market’s attention remains on…
Stock Market Today: Gift Nifty Hints at Positive Start; Top 8 Stocks to Buy for Day Trading on July 3
Indian markets look set for a positive start on July 3, 2026. Gift Nifty trades at 24,355, up 92.5 points or 0.80% in early trade. This places Nifty futures near 24,270, above Nifty 50’s previous close of 24,257.50. Market cues indicate the domestic market is likely to open with a gap up. Day traders are…
HCLTech Shares Surge 4.6% as Company Secures $1.14 Billion European Deal; Nifty IT Climbs 2.5%
On July 3, 2026, HCLTech announced a $1.14 billion AI-led contract with a Europe-based Fortune Global 50 company. The news quickly lifted investor sentiment. HCLTech shares rose 4.6%, while the Nifty IT index gained about 2.5% in early trading. The agreement will remain in effect through December 2031 and focuses on AI-powered workplace and network…
Kospi Index Slides Nearly 8% as SK hynix Plunges 14% and Samsung Drops Over 9%
The Kospi Index dropped nearly 8% on July 2, 2026, marking one of its steepest daily declines this year as a sharp selloff hit South Korea’s semiconductor sector. SK hynix tumbled about 14%, while Samsung Electronics lost more than 9%, dragging the broader market lower. The decline came as investors reacted to growing concerns about…