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Rocket Lab Stock Jumps on $8B Iridium Deal and Morgan Stanley Bull Case—July 8
Rocket Lab to buy Iridium for $8B. Morgan Stanley sets bull target at $293. RKLB stock down 17% this week but up 115% over 12 months. Deal closes mid-2027.
Bitcoin Falls 3% to $61,480 as Trump Declares Iran Ceasefire ‘Over’
Bitcoin dropped more than 3% to $61,480 on July 8 after Trump declared the Iran ceasefire ended and threatened new strikes, rattling crypto and stock markets amid renewed geopolitical tension.
Lockheed Martin Quadruples THAAD Missile Production to 400 Units Yearly
Lockheed Martin wins $35.3B contract to boost THAAD missile production to 400 units per year, up from 96, as U.S. rebuilds depleted defense stockpiles amid geopolitical tensions.
Inox India (NSE: INOXINDIA) Jumps 5.6% to ₹1,908 After Securing ₹939 Crore in New Orders
Inox India shares jumped 5.60% on July 8, 2026, hitting a day high of ₹1,906. The Vadodara-based company received fresh orders worth ₹939 crore from May 21, 2026, onward. Those orders span its Industrial Gas, Cryo-scientific Solutions, and LNG business segments. Inox India last traded 4.66% higher at ₹1,888.90 during Wednesday’s session. The stock has…
OpenAI Launches GPT-5.6 After US Clears Wider Release; Advanced AI Model Debuts on Thursday
OpenAI will launch GPT-5.6 publicly on Thursday, July 9, 2026, after US government approval. The Trump administration cleared a broader rollout following weeks of testing and coordination. CEO Sam Altman confirmed the news directly on X on July 8. OpenAI introduced the GPT-5.6 family with three models: Sol, Terra, and Luna. OpenAI first previewed these…
Sam’s Club Summer Sale: Walmart Reduces Prices on More Than 1,000 Items
Sam’s Club and Walmart announced sweeping summer price cuts on July 6, 2026. The Bentonville, Arkansas-based retailer slashed prices on more than 1,000 items. Shoppers will see savings across groceries, household essentials, outdoor living, toys, and apparel. The move covers stores and clubs nationwide, including online and app orders. Sam’s Club, a Walmart Inc. (Nasdaq:…
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…
Capita (LON: CPI) Stock Plunges 15.1% After UK Government Statement on Civil Service Pension Contract
Capita shares fell 15.1% on Tuesday, July 7, 2026, after a ministerial statement on its pension contract. Some reports put the intraday drop as high as 16%. The Paymaster General criticized Capita’s handling of the Civil Service Pension Scheme. This marks another setback in Capita’s troubled outsourcing history. What Triggered Capita’s Stock Plunge Cabinet Office…
Micron Technology Inc (NASDAQ: MU) Stock Gains 0.94% as AI Infrastructure Drives Memory Market Growth
Micron Technology Inc closed higher after its stock rose 0.94%, as investors continued to focus on companies supplying memory products for artificial intelligence systems. The expansion of AI data centers is driving higher demand for advanced memory, giving Micron Technology Inc added exposure to one of the fastest-growing areas in technology infrastructure. The latest move…