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Costco Canada Expands Recall to Toaster Ovens, Go-Karts on July 31
Costco Canada recalls Panasonic toaster ovens, Aston Martin go-karts, and Alfa Croissants due to fire, injury, and mould hazards. Full details on affected lot codes and refund options.
Kioxia Profit Surges 31-Fold on AI Chip Boom; Stock Split Announced
Kioxia reports 46-fold Q1 profit jump to 842.2 billion yen on AI demand. Company forecasts 31-fold H1 profit to 2.1 trillion yen and announces 3-for-1 stock split effective October 1.
Ulta Beauty Rallies 1.7% as PacSun Collab Targets Gen Z After Target Exit
Ulta Beauty partners with PacSun on limited-edition beauty kits and apparel launching July 28. The collaboration targets Gen Z consumers as Ulta exits its Target partnership in August.
Hundreds of International Students Denied Canadian Work Permits Over Policy Shift
International students at Portage College face PGWP denials over non-credit program classification. IRCC says eligibility rules unchanged since November 2024, but students report confusion over timing.
FTSE 100 Climbs 0.74% as Amazon (AMZN) Sparks Global Tech Rally; DAX (+1.20%), CAC 40 (+0.95%) Advance
On July 31, 2026, European stock markets finished higher after Amazon’s strong quarterly earnings lifted confidence in global technology stocks. The FTSE 100 rose 0.74%, Germany’s DAX gained 1.20%, and France’s CAC 40 added 0.95%. Investors welcomed fresh evidence that heavy spending on artificial intelligence is beginning to deliver results. That optimism spread across global…
Thermax (NSE: THERMAX) Plunges 16% After Q1 Profit Slumps 83% on ₹91 Crore One-Time Project Cost Overrun
On July 31, 2026, Thermax Ltd. (NSE: THERMAX) shares fell nearly 16% after the company reported a sharp decline in its first-quarter FY27 earnings. Net profit dropped 83% from a year earlier, mainly because of a ₹91 crore one-time project cost overrun in its Industrial Infra business. The weaker earnings, along with cautious comments from…
Universal Music (UMG) Plunges 23% as Subscription Revenue Growth Slows to 6.7%; Vivendi (VIV) Falls 18%
Universal Music Group shares plunged 23% Friday after subscription revenue growth slowed sharply. UMG’s subscription growth decelerated to 6.7%, down from 7.9% in Q1. The stock hit a new 52-week low of €14.88 during Friday’s trading. Trading in UMG’s Amsterdam-listed shares was briefly halted following the plunge. Vivendi, UMG’s largest shareholder, fell as much as…
Microsoft Surges 15% to $451 After Azure Growth Accelerates to 43%
Microsoft stock rallies 15% to $451 after Q4 earnings beat, Azure accelerates to 43% growth, and Copilot seats hit 30 million. The largest single-day market gain in history.
Sony Group Corp. Reports 32% Profit Growth Despite Earthquake Disruptions
On July 31, 2026, Sony Group Corp. reported a 32% increase in quarterly profit, even after a powerful earthquake in Japan disrupted some of its operations earlier in the week. Strong results from its PlayStation, music, and imaging businesses helped offset temporary issues at several semiconductor facilities. The better-than-expected earnings also led Sony to raise…