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KOSPI Slides 5.7%, Nears Bear Market as Samsung (005930.KS) Drops 6.9% and SK Hynix (000660.KS) Falls 5%
South Korea’s KOSPI index tumbled 5.7% on July 8, 2026, pushing the benchmark toward bear market territory. Samsung Electronics dropped 6.9%, while SK Hynix fell 5%. The selloff extended a brutal stretch that began with a historic circuit breaker in Samsung shares on July 7. Foreign investors dumped hundreds of billions of won in semiconductor…
SpaceX Shares Fall 2.3% Ahead of Nasdaq 100 Entry as Morgan Stanley Sets $300 Price Target
SpaceX shares slipped about 2.3% on July 7, 2026, as investors looked ahead to the company’s upcoming addition to the Nasdaq 100. The decline came even after Morgan Stanley initiated coverage with a $300 price target, reflecting confidence in the company’s long-term growth. Some investors chose to lock in gains before the index inclusion, while…
Syntiant IPO Filed: Intel, Microsoft-Backed AI Chipmaker Reports $64.5M Revenue, $26.2M Net Loss
On July 7, 2026, AI chipmaker Syntiant filed for a US initial public offering (IPO), taking another step towards becoming a publicly traded company. Backed by Intel and Microsoft, the company reported $64.5 million in revenue and a $26.2 million net loss in its latest filing. Interest in AI chip companies remains strong, and investors…
Nvidia Corp (NVDA) Stock Up 1.39% After Pacific Sage Partners Purchases 4,467 Shares
On July 3, 2026, Nvidia Corp. (NASDAQ: NVDA) shares climbed 1.39% after a new regulatory filing revealed that Pacific Sage Partners increased its stake by purchasing 4,467 additional shares. The latest investment adds to the steady flow of institutional buying in the AI chipmaker, which remains one of the market’s most closely followed technology companies….
HUDCO (NSE: HUDCO) Shares Jump Over 3% as Q1 Loan Sanctions Surge 93% YoY to ₹65,485 Crore
Housing and Urban Development Corporation (HUDCO) began FY2026-27 on a strong note with provisional Q1 business numbers released on July 1, 2026. The state-owned lender reported a 93% year-on-year jump in loan sanctions to ₹65,485 crore, while loan disbursements also posted solid growth. The update pushed HUDCO shares up more than 3% in early trade,…
Nexchip Targets $890 Million Hong Kong IPO as AI Chip Demand Grows
The global semiconductor industry is seeing another wave of investment as artificial intelligence continues to reshape technology demand. Chinese chipmaker Nexchip is now preparing one of the largest semiconductor listings of the year by targeting an IPO worth up to HK$7 billion, about $890 million, in Hong Kong. The move comes as AI-driven computing, automotive…
Kospi Slumps as SoftBank Selloff Hits Asian Markets
Asian stock markets came under heavy pressure on June 26, 2026, as a sharp selloff in SoftBank shares triggered fresh concerns across the technology sector. South Korea’s Kospi also fell, with chip giants leading the losses as investors pulled back from AI-related stocks after months of strong gains. The market reaction highlights growing caution over…
AI Startup Baseten Reaches $13 Billion Valuation After Raising $1.5 Billion in New Funding Round
AI infrastructure startup Baseten has made headlines after raising $1.5 billion in a new funding round that boosted its valuation to $13 billion in June 2026. The deal highlights the growing investor focus on the technology that powers AI applications behind the scenes. As businesses rush to deploy AI tools at scale, companies that help…
Wall Street Rally in Focus as S&P 500 Hits 7,500.58 Ahead of Micron Results and PCE Report
The S&P 500 heads into the week of June 22, 2026, with real momentum and real data risk in equal measure. The S&P 500 closed at 7,500.58 on June 18, 2026, with the next data release date set for June 22. Despite the Fed striking a more hawkish tone last week, US equities posted gains,…