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SpaceX Stock Crashes Below IPO Price as Rinehart’s A$700m Gain Evaporates
SpaceX shares dropped below their US$135 IPO price, erasing US$903 billion in value. Australian billionaire Gina Rinehart’s estimated A$700m profit from the June listing has been wiped out.
Netflix (NASDAQ: NFLX) Stock Slides 9% as Q3 Revenue and EPS Forecast Miss Wall Street Estimates
Netflix stock slid roughly 9% Thursday after its Q3 forecast missed on two fronts. The company guided Q3 earnings per share to $0.82, below the $0.84 estimate. Netflix also projected Q3 revenue of $12.86 billion, short of the $13 billion consensus. That combined miss overshadowed a mostly in-line second quarter for Netflix. Q2 revenue reached…
FIFA World Cup Prize Money Hits Record $1.25 Billion in 2026
FIFA awards record $1.25 billion in prize money for 2026 World Cup. Winners take home USD $50 million, runners-up USD $33 million. Every team guaranteed minimum USD $12.5 million.
New World Development Quietly Renames Kwun Tong Mall from Scramble Hill to The ANGLE
New World Development rebrands Kwun Tong mall from Scramble Hill to The ANGLE. The 50-million-square-foot complex now emphasizes anime, dining, and pet-friendly spaces.
Japan Men’s Volleyball Extends Winning Streak to 10-0 After Stunning Comeback vs Canada
Japan’s men’s volleyball team beats Canada 3-2 in a five-set comeback at the 2026 Volleyball Nations League in Osaka, extending their undefeated streak to 10-0 with six victories in five-set matches.
Zhongji Innolight Targets Up to $7 Billion in Hong Kong Listing After July 17 Approval
Zhongji Innolight is nearing final clearance for what could become Hong Kong’s largest listing this year. Bloomberg reported on July 15, 2026, that China’s securities regulator was set to approve the deal. That approval clears the path for a Hong Kong Stock Exchange listing hearing this week. Zhongji Innolight now aims to raise to $7…
Shein IPO: Fast-Fashion Giant Wins Hong Kong Listing Approval Ahead of Market Debut
On 17 July 2026, Shein moved closer to becoming a publicly traded company after the Hong Kong Stock Exchange’s listing committee approved its proposed IPO. The approval follows years of delays and regulatory hurdles that disrupted the retailer’s earlier plans to list elsewhere. Investors are now waiting for the next steps, with the offering expected…
Netflix Stock Falls 9% After Hours Despite Record $12.6 Billion Q2 Revenue
Netflix stock fell 9% after hours Thursday despite posting record quarterly revenue. Netflix reported Q2 2026 revenue of $12.56 billion, up 13.4% year-over-year. That figure narrowly missed Wall Street’s consensus estimate of $12.58 billion. Earnings per share came in at $0.80, edging past the $0.79 forecast. Netflix stock closed the regular session at $74.35, up…
Freesia Woods Couple Wins Termite Lawsuit: S$10,978 Compensation on July 15
Freesia Woods condo management ordered to pay S$10,978 compensation after court finds it breached duty to prevent termite infestation. First reported case of its kind in Singapore.