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US Launches Major H-1B Fraud Probe; Cognizant Named by Labor Inspector
US Department of Labor launches major H-1B visa fraud investigation. Cognizant named in whistleblower complaints. Labor inspector cites dozens of subpoenas issued for alleged wage-kickback schemes and labor trafficking.
Keisei Electric Railway Stock Climbs as Narita Airport Expansion Gets Green Light July 11
Narita Airport expansion gets government approval for land expropriation on July 10. Keisei Electric Railway stock rises as airport infrastructure project moves forward.
Meta Jumps 6% on New AI Cloud Business and Pricing Strategy, July 11
Meta stock climbs 6% as CEO Zuckerberg unveils cloud computing rental plans and cuts AI model pricing to undercut OpenAI and Anthropic. Stock now positive for the year.
DAX Slips 0.20% as SAP Antitrust Deal Weighs on German Stocks
DAX drops 0.20% to 25,107 on July 10 as SAP accepts EU antitrust commitments on maintenance contracts. German index faces valuation pressure with P/E at 17.59.
SK Hynix Jumps 13% in Record $26.5B US Nasdaq Debut on July 10
SK Hynix raises $26.5B in record US IPO, jumps 13% on first day. Memory chip demand from AI boom drives historic debut, largest foreign listing ever.
Best Dividend Stocks to Buy in July 2026: 4% Yields and Rising
Top dividend stocks yielding 4% to 6.6% in July 2026. Analysts favor Verizon, Permian Resources, Copa Holdings, and Best Buy for reliable income and upside potential.
SpaceX Stock Falls 26% From Peak as Wall Street Weighs IPO Reality
SpaceX stock dropped 26% from its post-IPO high to $148 after Nasdaq-100 inclusion. Morgan Stanley targets $300, but history shows mega-IPOs average 23% drawdowns in first year.
XPeng Robotaxi Enters Employee Testing Phase as CEO Takes First Ride
XPeng begins employee testing of its robotaxi platform in Guangzhou. CEO He Xiaopeng completed the first ride, demonstrating the full service chain from hailing to destination.
SoftBank, PayPay Eye Stake in Seven & i to Deploy AI, Robots at 7-Eleven
SoftBank and PayPay consider investing several hundred billion yen in Seven & i Holdings to deploy AI and robots at 7-Eleven stores. Sumitomo Mitsui Card may also join the deal.