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AI Boom Fuels $27 Trillion Market Surge, Raising Fears of a Historic Tech Bubble
The artificial intelligence (AI) boom has become the dominant force behind global equity markets. Since November 2022, AI-related companies have added approximately $27 trillion in market value, according to Goldman Sachs Research. That increase equals roughly 36% of the entire U.S. stock market’s value, making AI the biggest driver of Wall Street gains over the…
iPhone 18 Pro Tipped for September Launch With Variable Aperture Camera, A20 Chip
iPhone 18 Pro launches September 2026 with variable aperture camera, A20 Pro chip, and smaller Dynamic Island. US prices may reach $1,499 due to rising component costs and AI hardware upgrades.
Nasdaq Futures Jump 1.3% as Nvidia (NASDAQ: NVDA) and Chip Stocks Fuel Market Optimism
Nasdaq futures climbed 1.3% on July 21, 2026, pointing to a stronger start for U.S. markets after a volatile session. Nvidia (NASDAQ: NVDA) and other semiconductor stocks led the gains as investors returned to AI-focused companies ahead of a busy week of Big Tech earnings. Expectations for continued demand for AI chips, along with fresh…
TSMC (NYSE: TSM) Plans Chip Price Hikes of Up to 10% in 2027 to Offset Rising Manufacturing Costs
Taiwan Semiconductor Manufacturing Company (TSMC) is preparing to increase chip manufacturing prices by as much as 10% in 2027, according to reports released on July 21, 2026. The world’s largest contract chipmaker is dealing with higher production costs while continuing to expand its manufacturing network outside Taiwan. The planned increase could affect some of the…
BAWAG Group (VIE: BAWG) Q2 Profit Jumps 21% as Bank Reaffirms 2026 Outlook Ahead of PTSB Acquisition
BAWAG Group reported strong second-quarter results on July 21, 2026, with net profit rising 21% year over year to €255 million. The increase came from healthy lending activity and disciplined cost management. The Austrian bank also reaffirmed its full-year 2026 outlook, showing confidence even as it moves ahead with its planned acquisition of Ireland’s Permanent…
Wall Street Rallies on Chip Recovery as Megacap Earnings Loom, July 21
US stock futures rise as chip stocks recover and megacap earnings approach. Nasdaq futures up 1.3%, S&P 500 up 0.4%. Investors watch for AI spending signals amid Iran tensions and Canadian tariffs.
Mitie (LSE: MTO) Agrees to £3.1 Billion Takeover by OCS Group in 45% Premium Deal
Mitie has agreed to a £3.1 billion takeover by rival OCS Group. The deal values Mitie shares at up to 221.6 pence each. That figure represents a 44.7% premium to Monday’s closing price of 151p. OCS will pay 218.5 pence per share in cash. Mitie shareholders also keep a planned 3.1 pence final dividend. The…
FTSE 100 Live: UK Index Opens 22 Points Lower at 10,502 Despite Strong Jobs Data and Lower Oil Prices
The FTSE 100 opened 22 points lower at 10,502 on July 21, 2026. That followed Monday’s close at 10,524.76, a 0.7% decline. Stronger-than-expected UK jobs data and falling oil prices offered a mixed backdrop for London’s benchmark index. Investors weighed a proposed 10-day US-Iran ceasefire against fresh attacks reported in the Strait of Hormuz. UK…
Chinese EVs Now Dominate Australia’s Market as Xpeng Expands Lineup
Chinese electric vehicles now dominate Australia’s car market. Xpeng launches four new models and expands to 50 dealerships as EV adoption accelerates following a tax change that shifted buyers away from plug-in hybrids.