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Alibaba to Ban Claude Code in Workplace Over Alleged Backdoor Security Risks, Report Says
Alibaba will ban employees from using Anthropic’s Claude Code starting July 10, 2026. Reuters reported the move Thursday, citing a source familiar with the decision. The ban stems from alleged security risks involving embedded backdoors in the coding tool. Chinese financial outlet Yicai first reported the story earlier this week. Alibaba shares fell 0.7% on…
SK Hynix Inc (KRX: 000660) Climbs +11.32% to 2,434,500 KRW After BitMart Announces Stock Listing & Incentive Program
On July 3, 2026, SK Hynix Inc. (KRX: 000660) climbed 11.32% to 2,434,500 KRW, catching the attention of investors focused on AI and semiconductor stocks. Buying picked up after BitMart announced a stock listing and incentive program, giving the shares an extra boost during the session. Even so, much of the market’s attention remains on…
BHP Group Ltd (ASX: BHP) Gains 1.65% After South Flank Labour Deal Gets Narrow Union Approval
BHP Group Ltd shares rose 1.65% on July 3, 2026, after workers approved a new Pilbara labour deal. The Combined BHP Ports Unions confirmed 58% voted in favor. The agreement covers 1,814 workers at South Flank and Mining Area C iron ore operations. It guarantees a 16% pay hike over its four-year term. The narrow…
Wipro Ltd Share Price Rises 2.25% to ₹173.95 Despite 17% Drop in ADRs on Nasdaq
Wipro Ltd share price climbed 2.25% to ₹173.95 on the NSE on Thursday, July 2, 2026. This came even as Wipro’s American Depositary Receipts fell 16.89% overnight on the NYSE to $1.870. Domestic buying tracked a broader Nifty IT rebound rather than following the sharp ADR weakness. JPMorgan downgraded Wipro Ltd to Underweight from Neutral,…
Vedanta Iron and Steel Shares Soar 94% Since Listing at ₹20, Hit Upper Circuit at ₹38.78
Vedanta (VEDL) Iron and Steel shares extended their blistering rally today, July 1, 2026. The stock touched an intraday high of ₹38.78 on the NSE, locking in a 10% upper circuit. That marks a 93.9% gain from its ₹20 listing price on June 15. The rally comes days after the stock exited its mandatory Trade-to-Trade…
UN Halts Strait of Hormuz Evacuation Plan After Cargo Ship Attack
The Strait of Hormuz is once again at the center of global attention after the United Nations temporarily suspended its evacuation operation for stranded commercial ships. The decision came after a cargo vessel was struck near the coast of Oman, raising fresh concerns about maritime security. The incident has also increased uncertainty for global oil…
SK Hynix Targets $29.4B U.S. Listing as AI Chip Demand Fuels Investor Interest
SK Hynix is moving closer to a major milestone in the global semiconductor industry. On June 24, 2026, the South Korean memory-chip giant announced plans for a U.S. listing that could raise up to $29.4 billion. The move comes as demand for AI chips continues to surge worldwide, driven by rapid investment in data centers…
SK Hynix (KRX: 000660) Seeks $29.4B Nasdaq Listing to Fund AI Memory Boom
On June 24, 2026, SK Hynix announced plans for a massive $29.4 billion Nasdaq listing, marking one of the biggest overseas fundraising efforts by a South Korean company. The move comes as demand for AI-focused memory chips continues to soar worldwide. As a leading supplier of high-bandwidth memory (HBM) used in advanced AI systems, SK…
Fomo Raises $75 Million at $550 Million Valuation After Processing $4 Billion in Crypto Volume
Fomo closed a $75 million Series B on June 22, 2026, valuing the one-year-old crypto social trading app at $550 million. Index Ventures led the round, joined by Union Square Ventures and existing backer Benchmark. The raise brings Fomo’s total disclosed funding to approximately $94 million, following a $17 million Series A led by Benchmark…