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NZX Shares Fall 0.46% Despite Strong US Market Performance
NZX shares slipped 0.46% on July 31, 2026, even as Wall Street posted a strong rebound overnight. The benchmark NZX 50 fell from Thursday’s close of 13,976.67 to trade near 13,909.45. That pullback followed three straight record closes earlier in the week, with the index sitting just below its 52-week peak of 14,000.35. Why NZX…
Microsoft Surges 15% After Record $450B Single-Day Gain on July 31
Microsoft shares surge 15% after Q4 earnings beat and Azure cloud growth accelerates to 43%. The $450B single-day gain is a corporate record, signaling AI investments are paying off.
KPIT Technologies (NSE: KPITTECH) Stock Plunges 8% After Q1 FY27 Earnings; Analysts Weigh In
On 30 July 2026, KPIT Technologies (NSE: KPITTECH) shares fell nearly 8% after the company reported weaker-than-expected Q1 FY27 earnings. Profit dropped as global automotive demand stayed weak and margins came under pressure, adding to investor concerns. The sharp decline in the stock price also led several brokerages to revisit their outlook. So, what caused…
Meta (NASDAQ: META) Shares Fall 7.45% After Hours to $542.00 Despite 27% Q2 Ad Revenue Growth
Meta Platforms shares fell 7.45% in after-hours trading Wednesday, July 29, 2026, sliding to $542.00. The drop came despite revenue climbing 28% year-over-year to $60.8 billion, or 27% on a constant currency basis. Diluted EPS of $6.18 missed the $7.10 analyst estimate by a wide margin. Surging AI infrastructure spending overshadowed otherwise strong advertising growth….
Japan and South Korea Stocks Diverge as Nikkei 225 Jumps 0.93%, KOSPI Falls 1.10%, SK Hynix Slides Over 6%
Asian markets split sharply on Thursday, July 30, 2026, after two brutal days of chip-stock selling. The Nikkei 225 rebounded 0.93% to 62,003.09, recovering some of Wednesday’s losses. South Korea’s KOSPI fell 1.10%, dragged lower by SK Hynix’s 6.50% slide. Regulators moved to cap leveraged ETF exposure amid intensifying volatility concerns across the region. Nikkei…
Hermès (EPA: RMS) Shares Sink 10.59% as EPS Miss at €21.32 Overshadows €3.35B Profit Beat
Hermès shares plunged as much as 10.59% on Wednesday, July 29, 2026. The drop came despite the French luxury house posting €3.4 billion in operating income for H1 2026. Diluted earnings per share came in at €21.32, down slightly from €21.39 a year earlier. A Q2 revenue miss and persistent China weakness drove the sharp…
US Stock Market: Nasdaq Futures Slip as KOSPI Plunges Nearly 6%, S&P 500 Futures Rise 0.2%
Stock Market futures showed a split reaction Wednesday, July 29, 2026, as Asian chip stocks tumbled. South Korea’s KOSPI plunged nearly 6%, dragged down by a disappointing SK Hynix earnings report. S&P 500 futures edged up 0.2%, while Nasdaq-100 futures slipped slightly. Iran’s resumed attacks on regional targets also lifted oil prices overnight. KOSPI Plunges…
ASX Stocks Performance: CSL Climbs After Clinical Trial Update Boosts Healthcare Stocks
CSL shares surged nearly 7% on the ASX on Wednesday, July 29, 2026, leading a broad healthcare rally. The biotechnology giant climbed to around A$123.68 after unveiling plans for new clinical trials tied to its Horizon 2 manufacturing process. Healthcare stocks on the ASX jumped nearly 4% at midday, outpacing every other sector. The S&P/ASX…
IN Stock Market Today: GIFT Nifty Soars 250 Points as Sensex, Nifty Eye Strong Gap-Up Opening
GIFT Nifty jumped 250 points ahead of Wednesday’s session, signaling a strong gap-up for India’s stock market on July 29, 2026. That premium translated into real gains once trading began. The Sensex rose 701.41 points, or 0.91%, to 77,467.33 by mid-morning. The Nifty 50 climbed 204 points, or 0.85%, to top 24,190.40. Rebounding Asian markets…