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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.
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.
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.
Sensex Crashes 1,677 Points on Trump Iran Ceasefire Shock—July 9
Sensex tumbled 1,677 points on July 8 after Trump ended Iran ceasefire talks. Crude oil jumped 6% to $75, wiping ₹8.96 lakh crore from Indian markets. Key sectors including banks and FMCG fell 2-4%.
Micron (NASDAQ: MU), Samsung, and SK Hynix Poised to Benefit as Memory Sales Reach Record $74.6 Billion
Global memory chip sales hit a record $74.6 billion in May 2026, driven by explosive AI demand. Micron, Samsung Electronics, and SK Hynix control the vast majority of that market. Micron shares closed at $948.80 on July 8, 2026, up 1.11% for the day. DRAM and NAND contract prices have surged more than 50% quarter-on-quarter…
Apple Supplier Luxshare (SZSE: 002475) Falls 9.6% After HK$24.27 Billion Hong Kong IPO Debut
Luxshare Precision Industry, one of Apple’s largest suppliers, got off to a disappointing start on the Hong Kong Stock Exchange despite completing the city’s biggest IPO of 2026. On 9 July 2026, the company raised HK$24.27 billion, but its shares dropped as much as 9.6% on the first day of trading. The sharp decline caught…
Sonos Restructures With 3% Workforce Reduction, Senior Design and Research Executives Depart
Sonos confirmed a 3% workforce reduction last month, cutting roughly 40 employees globally. That trim has since claimed several senior design, product, and research leaders. Some held over a decade of tenure at the Santa Barbara-based audio company. CEO Tom Conrad frames the changes as a push for speed, not cost-cutting. A company spokesperson insists…