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Volkswagen Profit Falls 33% as China Competition Intensifies
Volkswagen reported a sharp drop in earnings on July 24, 2026, as tougher competition in China continued to weigh on its business. The German automaker said profit fell 33%, driven by weaker vehicle sales, intense price competition, and growing pressure from local electric vehicle (EV) manufacturers. The latest results also led Volkswagen to lower its…
Apple’s iPhone Ultra Foldable Faces Samsung’s Redesigned Z Fold 8 Lineup
Samsung unveiled Galaxy Z Fold 8 Ultra ($2,099), Z Fold 8 ($1,899), and Z Flip 8 ($1,199) on July 22. Apple’s first foldable iPhone, expected in September at $2,000–$2,500, threatens Samsung’s 40% foldable market share.
HPCL (NSE: HINDPETRO) Shares Fall 4% While BPCL (NSE: BPCL) Gains Despite Q1 Net Losses
On 23 July 2026, shares of Hindustan Petroleum Corporation Ltd. (NSE: HINDPETRO) dropped nearly 4%, while Bharat Petroleum Corporation Ltd. (NSE: BPCL) traded higher despite both companies reporting net losses for the first quarter of FY27. The different market reactions caught many investors off guard because disappointing earnings often put pressure on oil marketing stocks….
Tesla (NASDAQ: TSLA) Shares Fall 5% After Earnings Miss and Weaker Automotive Margins
Tesla shares fell as much as 5.6% on July 23, 2026, a day after a disappointing Q2 earnings report. The stock touched an intraday low of $353.23, down from Wednesday’s close of $374.01. Tesla posted record second-quarter revenue of $28.24 billion, up 26% year-over-year, but adjusted earnings per share of $0.33 badly missed the $0.53…
Samsung Galaxy Z Fold8 Ultra Launches July 22 With 8-Inch Display
Samsung launches Galaxy Z Fold8 Ultra with 8-inch display and 3,600 nits brightness on July 22. Prices start at $1,899.99 for the Fold8 and higher for Ultra model.
Oracle Stock (ORCL) Jumps After Strong Oracle Financial Services Earnings
Oracle Stock is drawing fresh attention after Oracle Financial Services Software posted blockbuster Q1 FY27 numbers. Consolidated revenue jumped 69% year-on-year to ₹3,125 crore for the quarter ended June 30, 2026. Net profit surged 121% to ₹1,416 crore. The results triggered a wave of buying interest in Oracle-linked shares this week. Oracle Stock Gains On…
Nvidia Stock Pre-Market Today: Griffith & Werner Increases NVIDIA Stake by 51.3%
On 20 July 2026, Nvidia drew fresh attention after a regulatory filing revealed that investment firm Griffith & Werner increased its stake in the AI chip maker by 51.3% during the first quarter of 2026. The purchase comes as Nvidia continues to benefit from strong demand for AI chips, even as the broader market remains…
Anton Enus Signs Off from SBS World News After 27 Years on July 20
SBS news anchor Anton Enus retires September 11 after 27 years. The South African-born journalist anchored coverage of major events including the 2006 FIFA World Cup and recent Iran conflict.
GBI Executes Search Warrant at Yurezz Home Center in Multi-State Fraud Probe
GBI and FBI search Yurezz Home Center in Baxley amid multi-state fraud investigation. Co-owner Richard Altman arrested on July 8 for illegal transmission of monetary funds. Customers urged to report complaints.