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FTSE 100 Edges Higher While Sterling Hits $1.3367 After Disappointing U.S. Jobs Report
FTSE 100 jumped 174 points to close at 10,652 on Thursday, July 2, 2026. The rally followed a weaker-than-expected U.S. jobs report, which rattled dollar strength. Nonfarm payrolls rose just 57,000 in June, far below the 110,000 consensus estimate. Sterling climbed 0.52% to $1.3349 against the dollar. The FTSE 100 posted its highest close since…
Zuckerberg Says Meta’s AI Agent Development Is Progressing Slower Than Expected Despite Massive Spending
On July 2, 2026, Meta CEO Mark Zuckerberg said the company’s AI agent development is moving more slowly than expected, despite spending billions of dollars on infrastructure, hiring, and research. The comments caught many by surprise because Meta has been investing heavily in artificial intelligence to keep pace with its biggest competitors. The update raises…
SK Hynix Inc (KRX: 000660) Climbs +11.32% to 2,434,500 KRW After BitMart Announces Stock Listing & Incentive Program
On July 3, 2026, SK Hynix Inc. (KRX: 000660) climbed 11.32% to 2,434,500 KRW, catching the attention of investors focused on AI and semiconductor stocks. Buying picked up after BitMart announced a stock listing and incentive program, giving the shares an extra boost during the session. Even so, much of the market’s attention remains on…
NZE Stocks Rally: Santana Minerals Climbs 4%+ While Ventia Services Drops Over 2% as Sector Performance Diverges
On July 3, 2026, New Zealand equities moved in different directions as investors shifted between sectors. Santana Minerals gained more than 4%, helped by renewed buying in mining stocks, while Ventia Services fell over 2% as infrastructure-related shares came under pressure. The difference in performance reflected where investors were putting their money during the latest…
MCX Gold & Silver Today: Gold Jumps 1.40%, Silver Surges 1.80% as Fed Rate Cut Hopes Boost Bullion
MCX Gold and MCX Silver rallied sharply on July 3, 2026. Gold futures climbed 1.40% to trade near ₹1,41,900 per 10 grams. Silver futures surged 1.80%, touching roughly ₹2,06,500 per kilogram. Weak US jobs data triggered the rally, with June payrolls adding just 57,000 jobs. That figure missed forecasts of 110,000 by a wide margin….
AI Chip Stocks Extend Selloff as Micron, Western Digital Drop 2.1% Amid Meta Pivot Fears
AI chip stocks stayed under pressure on July 2, 2026, with Micron Technology and Western Digital each falling about 2.1%. The decline added to a wider selloff across semiconductor stocks after reports raised fresh questions about Meta’s long-term AI infrastructure plans. That prompted investors to rethink expectations for future spending on memory chips and AI…
Super Micro Reveals Taiwan Staff Questioned in AI Server Export Probe Involving Nvidia Chips
On July 2, 2026, Super Micro Computer confirmed that employees at its Taiwan unit were questioned as part of an investigation into AI server exports involving Nvidia chips. The company said it is cooperating with authorities and is not the primary focus of the probe. The investigation comes as governments tighten restrictions on advanced AI…
Gold Price Today: MCX Gold Falls 0.20%, Silver Rises 0.50% Following Soft US Jobs Data
Gold prices on the Multi Commodity Exchange (MCX) slipped 0.20% on July 2, 2026, while silver moved about 0.50% higher as markets responded to weaker-than-expected US jobs data. The mixed movement came as traders adjusted their positions ahead of the upcoming US Non-Farm Payrolls report. Attention is also on the Federal Reserve, with investors looking…
AlzeCure Shares Soar 71% to Highest Since 2022 on $2.2 Billion Alzheimer’s Drug Licensing Deal
AlzeCure shares surged 71% on June 30, 2026, reaching their highest level since early 2022 after the Swedish biotech company announced an Alzheimer’s drug licensing agreement valued at more than $2.2 billion, excluding royalties. The deal gives global development and commercialization rights to its lead candidate, ACD856, and marks a major milestone for the company….