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Nasdaq Composite Jumps 1.3% as Chip Rally Offsets Iran Tensions on July 9
Nasdaq Composite gains 1.3% to 26,206.89 on July 9 as chip stocks rally. Micron jumps 4.5% after $250B U.S. investment plan. Oil prices fall as Iran tensions ease.
Nikkei 225 Rises 1.20% to 68,557 as U.S. Semiconductor Rally Offsets ETF Redemption Selling
On July 10, 2026, Japan’s Nikkei 225 climbed 1.20% to 68,557 after another strong session for U.S. semiconductor stocks lifted sentiment across Asian markets. Chipmakers drove most of the gains as Wall Street’s technology rally continued on growing demand for artificial intelligence. Even so, ETF redemption-related selling trimmed part of the market’s early advance. Below…
AstraZeneca Shares Plunge 7.4% After Heart Drug Trial Fails—July 10
AstraZeneca stock fell 7.4% after Wainua heart drug trial missed primary goal. Jefferies models $2.5B sales loss. Meyka grades AZN B+, forecasts $131.71 by year-end.
CashCat Memecoin Explodes to $150M on Robinhood Chain—July 10
CashCat memecoin hits $150M market cap on Robinhood Chain. One trader turned $85 into $2.3M in three weeks. Robinhood CEO Vlad Tenev confirms the chain works great for memes too.
NVDA Stock Dips Nearly 0.7% Despite SOXX’s 3.5% Jump as AMD and Micron Outperform
Nvidia (NASDAQ: NVDA) shares fell nearly 0.7% on July 10, 2026, while the iShares Semiconductor ETF (SOXX) climbed about 3.5% as chip stocks moved higher. AMD and Micron delivered stronger gains, even though investor confidence in artificial intelligence and data centre demand remained intact. The divergent performance among major semiconductor stocks caught the market’s attention…
Ryan Cho pleads guilty to hidden camera charges—July 10, 2026
Trainee doctor Ryan Cho pleads guilty to secretly filming 876 people in Melbourne hospitals using hidden cameras. He faces County Court sentencing in November after admitting to 13 charges.
Australia’s 30% Trust Tax: What Small Businesses Must Know by July 2028
Australia’s 30% discretionary trust tax takes effect July 1, 2028. 350,000 small businesses must decide whether to restructure by June 2030 or face higher tax. Rollover relief covers capital gains but not stamp duty or legal costs.
Malaysia Denies Jho Low Return; MACC Keeps Probe Active—July 10
Malaysia denies fugitive Jho Low entered country for 1MDB talks. MACC says probe into the US$4.5 billion scandal remains active. Government has recovered RM31.3 billion in assets so far.
SCHD ETF Surges 19.84% YTD as Dividend Stocks Outpace Growth—July 10
SCHD ETF returns 19.84% YTD with $13B inflows as dividend stocks beat S&P 500. 0.06% expense ratio, 3.3% yield. Meyka grades it B/Hold with $32.45 target.