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Besi Shares Plunge More Than 7% After Report Signals Delay in Hybrid Bonding Adoption
Besi shares dropped more than 7% sharply Monday after a new report raised doubts about one of its key growth drivers. BE Semiconductor Industries following a ZDNet report suggesting hybrid bonding adoption could face further delays. The Dutch chip-equipment maker holds a first-mover advantage in the technology. What the Report Actually Said South Korean outlet…
ByteDance and Alibaba Disable Custom AI Companion Features Ahead of China’s July 15 AI Regulations
China’s new AI rules will take effect on July 15, 2026, prompting major technology companies to adjust their products before the deadline. In response, ByteDance and Alibaba have started disabling custom AI companion features in their chatbot platforms to comply with the upcoming regulations. The decision reflects China’s stronger oversight of AI safety, transparency, and…
Vedanta Power Shares Drop Over 6% Despite 38% Jump in Q1 Power Sales to 5,225 Million Units
Vedanta Power shares fell nearly 6% on Monday, even after the company posted a strong operational update. Power sales for the June quarter rose 38% year on year to 5,225 million units, up from 3,784 million units a year earlier. Investors booked profits anyway, extending a pullback that began Friday. Vedanta Power’s Q1 Sales Jump…
EasyJet Shares Surge Over 10% as £5.5 Billion Castlelake Buyout Bid Enters Final Stages
On July 6, 2026, EasyJet shares jumped more than 10% after the British low-cost airline confirmed it had reached an agreement in principle with U.S. investment firm Castlelake on a £5.5 billion takeover proposal. The announcement lifted investor confidence and fueled expectations that one of the year’s biggest airline acquisitions could move ahead. While the…
European Markets: FTSE 100 Gains 0.26%, CAC 40 Climbs 0.30% as Geopolitical Risks Remain in Focus
FTSE 100 edged higher on July 6 as European equities opened the week with cautious gains despite ongoing geopolitical concerns. The UK’s benchmark index rose 0.26%, while France’s CAC 40 advanced 0.30% during early trading. Germany’s DAX also traded modestly higher as investors monitored developments in the Middle East, global trade discussions, and expectations for…
Nasdaq Futures Jump 1% to Lead Wall Street Higher; S&P 500 Futures Gain 0.4% After Long Holiday Weekend
On July 7, 2026, U.S. stock futures pointed to a positive start for Wall Street following the long Independence Day holiday weekend. Nasdaq futures rose about 1%, while S&P 500 futures added roughly 0.4% as investors returned to technology stocks. Traders are also preparing for a busy week that includes Federal Reserve updates, fresh economic…
Sky to Buy ITV Broadcasting Arm in Deal Worth Up to £1.6B
On July 6, 2026, Sky announced an agreement to acquire ITV’s broadcasting and streaming business for up to £1.6 billion. It is one of the biggest UK media deals in recent years. The agreement comes as traditional broadcasters face growing pressure from global streaming platforms and changing viewing habits. If the transaction receives regulatory approval,…
Oil Prices Mixed as OPEC+ Output Hike Offsets Hormuz Risks; WTI Holds at $68.72 While Brent Slips to $71.97
Oil prices are trading mixed today, with WTI holding at $68.72 and Brent slipping to $71.97 per barrel. An OPEC+ decision to raise output is offsetting lingering risks around the Strait of Hormuz. Both benchmarks remain near their lowest levels since late February this year. OPEC+ Adds to Supply Concerns OPEC+ approved another output increase…
Senco Gold Shares Jump Nearly 7% to ₹348.50 After Reporting 60% Revenue Growth in Q1 FY27
On July 6, 2026, Senco Gold shares rose nearly 7% to ₹348.50 after the jewellery retailer reported a 60% year-on-year revenue increase for the first quarter of FY27. The strong quarterly update reflected healthy demand during the festive and wedding season, along with solid same-store sales and continued showroom expansion. The move caught investors’ attention…