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Apollo Micro Systems Falls 5% After ₹3,322 Crore Fundraise Approval—July 9
Apollo Micro Systems shares fell 5% on July 8 after board approved ₹3,322 crore fundraise via 22.8 million equity shares at ₹416.60 and 56.9 million convertible warrants. Stock up 117.6% in past year.
Rheinmetall and Lockheed Martin to Build ATACMS Missiles in Germany
Rheinmetall and Lockheed Martin plan to manufacture ATACMS missiles at a new facility in Unterlüss, Germany. The deal, signed at NATO’s Ankara summit, represents the first European production of these tactical weapons.
Bitcoin Falls 3% to $61,480 as Trump Declares Iran Ceasefire ‘Over’
Bitcoin dropped more than 3% to $61,480 on July 8 after Trump declared the Iran ceasefire ended and threatened new strikes, rattling crypto and stock markets amid renewed geopolitical tension.
Standard Chartered Signs Fraud Detection Deal With Taiwan Prosecutors on July 8
Standard Chartered partners with Taiwan prosecutors to combat fraud using data analysis. Bank blocked 190 cases worth TWD 120 million in 2.5 years.
Apple (NASDAQ: AAPL) Expands Broadcom (NASDAQ: AVGO) Partnership With $1.5 Billion Colorado Manufacturing Investment
Introduction Apple has expanded its long-standing partnership with Broadcom through a multiyear semiconductor agreement expected to exceed $30 billion, marking one of the company’s largest domestic manufacturing commitments. Announced on July 8, 2026, the deal includes a $1.5 billion expansion of Broadcom’s manufacturing facility in Fort Collins, Colorado, strengthening U.S.-based chip production and supply chain…
NATO Summit in Ankara: Trump Demands More Spending, Threatens Iran Strikes—July 8
NATO summit in Ankara: Trump declares Iran ceasefire over, threatens strikes, and criticizes allies for not spending enough on defense. European nations announce €50 billion in new military procurements.
Intel Stock Bounces 5.3% on HSBC $200 Price Target—July 8
Intel stock surged 5.3% after HSBC raised its price target to $200 on strong AI CPU demand and 30% shipment growth forecast. Meyka rates INTC a B-hold with $45.62 yearly target.
China’s Submarine Missile Test Alarms Pacific Allies on July 8
China test-fired a submarine-launched ballistic missile in the Pacific on July 6, 2026, sparking alarm from Australia and New Zealand over its nuclear capabilities and timing near a new defense pact.
EPFO System Upgrade Complete: Rs 1.44 Lakh Crore Interest by July 15
EPFO’s new centralised portal goes live July 8. Rs 1.44 lakh crore interest at 8.25% credited by July 15 to 34 crore accounts. Faster claims, automated pre-validation, and unified dashboard now available.