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NVDA Bounces 4% as Memory Chip Shortage Eases AI Bottleneck
📅 in about 3 hours

NVDA Bounces 4% as Memory Chip Shortage Eases AI Bottleneck

Nvidia stock climbs 4% on July 10 after a $1 trillion market cap decline. Memory chip shortage eases, but competition from Micron and others intensifies as AI infrastructure demand shifts.

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Prime’s Australian Distributor Collapses Into Administration With A$7.92M Debt
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Prime’s Australian Distributor Collapses Into Administration With A$7.92M Debt

Prime’s Australian distributor Congo Brands Australia enters administration with A$7.92M debt and only A$85,000 cash. Sales fell 53% as the viral drink brand struggles locally.

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SK Hynix Surges 13% in Record $26.5B US Debut on July 10
📅 in about 2 hours

SK Hynix Surges 13% in Record $26.5B US Debut on July 10

SK Hynix raises $26.5 billion in record US IPO, largest foreign listing ever. Stock surges 13% on first day as AI chip demand drives memory shortage.

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British Airways Cuts 7 Long-Haul Routes While Adding Orlando Service on July 11
📅 in about 1 hour

British Airways Cuts 7 Long-Haul Routes While Adding Orlando Service on July 11

British Airways cuts 7 long-haul routes and launches new services including Orlando flights from July 21, 2026. The carrier is consolidating between Heathrow and Gatwick to improve efficiency and capture premium travel demand.

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DBS Saturday Savings: S$6 Off Eggs and Rice From July 18
📅 29 minutes ago

DBS Saturday Savings: S$6 Off Eggs and Rice From July 18

DBS and POSB cardholders get S$3 off eggs and S$3 off rice every Saturday at Giant and Sheng Siong from July 18 to August 29. No minimum spend required. Seven Saturdays total.

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SK Hynix Surges 14% in Record $26.5B Nasdaq Debut on July 10
📅 1 hour ago

SK Hynix Surges 14% in Record $26.5B Nasdaq Debut on July 10

SK Hynix debuts on Nasdaq with 14% gain in $26.5B offering, the largest US listing by a foreign firm. The chip maker supplies critical AI memory as South Korea invests $880B in semiconductor capacity.

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Prime’s Australian Distributor Collapses Into Administration With £4.8M Debt
📅 1 hour ago

Prime’s Australian Distributor Collapses Into Administration With £4.8M Debt

Prime’s Australian distributor Congo Brands Australia enters administration owing AU$7.92 million with only AU$84,855 cash. Sales fell 53% to AU$14.5 million in 2024.

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Nissan Shifts 400 Workers to Kyushu as Restructuring Accelerates
📅 3 hours ago

Nissan Shifts 400 Workers to Kyushu as Restructuring Accelerates

Nissan Motor relocates 400 workers from Kanagawa to Kyushu plants amid global restructuring. Stock trades at ¥310.50 with Meyka grade C and negative earnings outlook.

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Cognizant Stock Falls 1.9% as US Launches H-1B Visa Fraud Probe, July 11
📅 4 hours ago

Cognizant Stock Falls 1.9% as US Launches H-1B Visa Fraud Probe, July 11

Cognizant faces scrutiny in Trump administration’s H-1B visa fraud investigation. Labor officials have issued dozens of subpoenas targeting alleged labor trafficking and wage-kickback schemes in the visa program.

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