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Vedanta Oil & Gas Falls 9.5% on Q1 Production Update—July 10
Vedanta Oil & Gas shares fell 9.5% on July 6 after Q1 production update. The demerged entity faces headwinds from MSCI deletion and passive fund outflows amid broader Vedanta Group volatility.
KOSPI Enters Bear Market: South Korea’s AI Stock Boom Cracks on July 9
KOSPI drops 20% into bear market as Samsung and SK Hynix tumble on AI spending doubts. Index still up 73% YTD but faces profit-taking after record rally.
Canada Fights Trump’s 10% Forced Labour Tariffs on July 9, 2026
Canada rejects Trump’s proposed 10% forced labour tariffs, citing new legislation. Democratic AGs call the tariffs unlawful. USTR launched Section 301 investigations in March 2026.
Firefly Aerospace Wins $13M NASA Mars Contract on July 9
Firefly Aerospace (FLY) wins $13M NASA subcontract to manufacture the aeroshell for Skyfall Mars mission launching in 2028. The contract marks the company’s first project from its Gloworks innovation lab in Texas.
Kusumgar IPO Closes July 10: 6.31x Subscribed, ₹160 GMP—What Investors Need to Know
Kusumgar IPO closes 6.31x oversubscribed with ₹160 grey market premium. Price band ₹398–₹419. Listing July 15 on NSE and BSE. Check subscription status and key dates.
Tokyo Electron Stock Jumps 2.3% as Chip Equipment Demand Surges—July 10
Tokyo Electron (8035.T) rises 2.3% as Japan’s chip equipment market grows 26% to ¥6.55 trillion in FY2026. DRAM and AI server demand drive record orders.
Dell Stock Surges 9% on Trump Endorsement, Raising Ethics Questions—July 9
Dell stock surged 9% after Trump’s endorsement at the White House on July 6. The move marks a pattern of gains tied to Trump’s public praise, though strong AI server demand and record earnings also fuel the rally.
Meta’s $13B Alberta Data Centre: What It Means for Investors
Meta to invest $13 billion CAD in its first Canadian data centre in Sturgeon County, Alberta. The 1-gigawatt facility will create 3,000 construction jobs and 300 permanent roles, generating $250 million annually for the province.
Dow Jones Falls 1.5% on July 8 as Iran Tensions Push Oil Above $80
Dow Jones fell 1.5% on July 8 as Trump ended Iran ceasefire, oil jumped to $80, and the IMF cut global growth forecasts to 3% amid geopolitical risks and inflation pressure.