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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…
Samsung Profits Surge 1,800% as AI Memory Chip Demand Drives Record ₩89.4 Trillion Quarterly Operating Profit and ₩171 Trillion Sales
Samsung posted a record second-quarter operating profit of 89.4 trillion won, up 1,810.3% year-over-year. The company reported revenue of 171 trillion won, compared with 133.9 trillion won last quarter. AI-driven memory chip demand powered this surge. The results mark Samsung’s third consecutive record quarter this year. Samsung Posts Record Profit on AI Memory Demand Samsung…
European Stocks Ease as STOXX 600 Falls 0.1%, DAX Drops 0.2% Before Key Federal Reserve Signals
European stocks slipped on July 7, 2026, as investors took a cautious approach ahead of fresh signals from the U.S. Federal Reserve. The pan-European STOXX 600 edged 0.1% lower, while Germany’s DAX fell 0.2% in early trading. Buying activity remained muted as traders looked for more clarity on the path of U.S. interest rates. Inflation,…
FTSE 100 Rises 0.25% as UK House Prices Rebound 0.2% in June; NATO Summit Begins
The FTSE 100 gained 0.25% Tuesday, recovering from Monday’s 0.3% decline. Fresh housing data showed UK house prices rose 0.2% in June, reversing May’s dip. Investors also tracked the NATO summit opening in Ankara. Shell led gainers after lifting its second-quarter production guidance. FTSE 100 Recovers as European Markets Diverge The FTSE 100 climbed 0.25%…
Google DeepMind Expands Gemini AI Team as Feryal Behbahani Announces Hiring for Agent Post-Training Research
Google DeepMind is adding more researchers to its Gemini AI team as competition to build capable AI agents continues to grow. DeepMind researcher Feryal Behbahani recently announced an opening for an Agent Post-Training Research role focused on improving how Gemini thinks, plans, and handles complex tasks after its initial training. The hiring reflects Google’s continued…
Crypto Prices Today: Bitcoin Holds Near $62,048 After Strategy’s Record $216 Million Sale; Solana Leads Gains With 1.40% Rise
Crypto prices show a mixed picture Monday, with Bitcoin holding near $62,048 despite fresh selling pressure. Strategy disclosed its largest-ever Bitcoin sale, offloading 3,588 BTC for $216 million. Solana bucked the trend, gaining 1.40% to trade near $81. Total crypto market capitalization sits around $2.31 trillion as investors digest this corporate selling news. Strategy Sells…
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…
Proxima Fusion Raises €411 Million Backed by Google and RWE to Advance Fusion Energy
On July 7, 2026, German fusion energy startup Proxima Fusion announced a €411 million funding round backed by major technology and energy companies, including Google and RWE. The investment supports the company’s plans to develop commercial fusion power using advanced stellarator technology. Proxima Fusion is working to address some of the technical challenges in fusion…
Titan Company Rises 2.80% on 41% Q1 Consumer Business Growth
Titan Company has started the new financial quarter on a positive note. The company’s shares climbed 2.80% after it reported 41% growth in its consumer business during the first quarter (Q1). The latest update points to healthy demand across several product categories and reflects steady buying activity from customers. For investors tracking the stock market,…