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SBI Funds Management IPO Day 3 Updates: Check Live Subscription, Allotment Date; SBI Shares Drop 0.18%
The SBI Funds Management IPO entered its third and final day of bidding on July 16, 2026, with strong interest from both retail and institutional investors. As the issue moves toward closing, investors are closely watching the latest subscription figures, Grey Market Premium (GMP), and the allotment schedule. Meanwhile, State Bank of India (SBI) shares…
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.
Nvidia Corp (NVDA) Rises 4.06% as Mizuho Financial Group Partners With Chipmaker to Build In-House AI Platform
Nvidia Corp shares climbed 4.06% on July 15, 2026, closing near $211.80. The rally followed news that Mizuho Financial Group will partner with Nvidia Corp to build an in-house AI platform. The Japanese banking giant aims to protect sensitive customer data by avoiding external AI tools. Nvidia’s market capitalization now sits near $5.13 trillion. This…
Mowi (OSE: MOWI) Shares Rise 3.4% as Q2 Salmon Harvest Tops Guidance and EBIT Climbs 23%
Mowi shares rose 3.4% Wednesday after the salmon farmer’s Q2 trading update beat expectations. Mowi reported operational EBIT of EUR 231 million, up 23% from EUR 189 million. The company harvested 150,000 tonnes during the quarter, a record for any second quarter. That volume topped Mowi’s own guidance of 140,000 tonnes by a wide margin. …
SpaceX Loses Momentum: Stock Falls to $136.08 After $850 Billion Value Wipeout
SpaceX shares fell to $136.08 Tuesday, extending a brutal slide since its June IPO. The stock has now dropped roughly 39.7% from its June 16 peak of $225.64. That decline has erased close to $850 billion in market value. SpaceX debuted on Nasdaq June 12, 2026, pricing shares at $135 in the largest IPO ever. …
IBM Stock Crashes 25% on July 14 as Q2 Earnings Miss Signals Budget Shift
IBM stock crashes 25% to $217.07 after missing Q2 targets. Customers shifted capex to servers and memory amid AI demand. Dell and HPE gain as hardware demand stays strong.
Tower Semiconductor Stock Soars 18% to $271.90 After $3 Billion Japan Investment Plan
Tower Semiconductor stock soared as much as 18% Tuesday to $271.90 in premarket trading. The surge followed the company’s announcement of a $3 billion Japan investment plan. Tower Semiconductor will expand its Silicon Photonics and Silicon Germanium manufacturing capacity. The Japanese government is providing about $1 billion in grants for the project. Tower Semiconductor also…
Vossloh (ETR: VOS) Stock Slides 9.71% as Company Lowers 2026 Revenue Forecast to €1.51B–€1.61B
Vossloh shares slid sharply Monday after the German rail supplier cut its 2026 outlook. The stock dropped as much as 9.71% following the guidance revision. Vossloh now expects 2026 revenue between €1.51 billion and €1.61 billion. That’s down from its prior forecast of €1.56 billion to €1.66 billion. The company also trimmed its EBITDA and…
Biocon (NSE: BIOCON) Shares Jump 8.04% to 52-Week High After ₹400 Block Deal
On July 14, 2026, Biocon (NSE: BIOCON) shares climbed 8.04% to a fresh 52-week high after reports of a ₹400-per-share block deal involving a large institutional shareholder. The news led to heavy trading and renewed interest in one of India’s leading biopharmaceutical companies. Large block deals often raise questions about changes in ownership, but they…