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ASX 200 Snaps 4-Day Losing Streak, Closes 0.5% Higher on July 10
ASX 200 rises 0.5% to 8,806 on July 10 as mining stocks surge and banks stabilize, though the index trails global AI rally.
Gold Climbs to $4,143 as Iran Tensions Stoke Rate-Hike Fears—July 10
Gold spot price climbs to $4,143.59 on July 10 as U.S.-Iran military escalation fuels inflation and rate-hike bets. Physical demand holds firm despite Fed pressure.
TCS Q1 FY27 Profit Rises 4.6% to ₹13,349 Crore; AI Revenue Hits $2.6B
TCS Q1 FY27: Net profit rises 4.6% to ₹13,349 crore, revenue grows 13.9% YoY to ₹72,275 crore. AI revenue hits $2.6B annualized run rate. Board declares ₹12 interim dividend.
Trump-Backed Freedom Fuel Stations Sell Gas at $3.47, but Prices Already Rising
Trump-backed Freedom Fuel gas stations opened July 3 selling gas at $3.47 per gallon in Pennsylvania and New Jersey. Prices have already risen to $3.57-$3.89, and industry experts doubt the economics work.
Nikkei 225 Rises 1.20% to 68,557 as U.S. Semiconductor Rally Offsets ETF Redemption Selling
On July 10, 2026, Japan’s Nikkei 225 climbed 1.20% to 68,557 after another strong session for U.S. semiconductor stocks lifted sentiment across Asian markets. Chipmakers drove most of the gains as Wall Street’s technology rally continued on growing demand for artificial intelligence. Even so, ETF redemption-related selling trimmed part of the market’s early advance. Below…
AstraZeneca Shares Plunge 7.4% After Heart Drug Trial Fails—July 10
AstraZeneca stock fell 7.4% after Wainua heart drug trial missed primary goal. Jefferies models $2.5B sales loss. Meyka grades AZN B+, forecasts $131.71 by year-end.
Uniqlo Parent Fast Retailing Lifts Profit Forecast to Record ¥500B on July 9
Fast Retailing (9983.T) raises FY2026 net profit forecast to record ¥500B, citing strong North America and Europe sales. Stock slides 5.7% on yen depreciation warning.
Apollo Micro Systems (NSE: APOLLO) Rallies 5% After ₹1,550 Crore Acquisition of 41.33% Stake in Premier Explosives
On July 10, 2026, Apollo Micro Systems (NSE: APOLLO) shares climbed about 5% after the company announced a ₹1,550 crore agreement to acquire a 41.33% promoter stake in Premier Explosives. The transaction is one of the largest deals in India’s private defence sector this year. It expands Apollo’s presence in defence electronics, missile systems, explosives,…
Adani Group Stocks Rally as Adani Total Gas (NSE: ATGL) Jumps 7% and Adani Enterprises (NSE: ADANIENT) Gains 3%
On July 10, 2026, Adani Group stocks moved sharply higher as investors returned to the conglomerate after several positive business updates. Adani Total Gas (NSE: ATGL) climbed nearly 7%, while Adani Enterprises (NSE: ADANIENT) gained about 3%, placing both among the day’s strongest performers on the NSE. The rally came as investor confidence improved and…