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Micron Technology Inc (NASDAQ: MU) Stock Gains 0.94% as AI Infrastructure Drives Memory Market Growth
Micron Technology Inc closed higher after its stock rose 0.94%, as investors continued to focus on companies supplying memory products for artificial intelligence systems. The expansion of AI data centers is driving higher demand for advanced memory, giving Micron Technology Inc added exposure to one of the fastest-growing areas in technology infrastructure. / The latest…
Proxima Fusion Raises €411 Million Backed by Google and RWE to Advance Fusion Energy
On July 7, 2026, German fusion energy startup Proxima Fusion announced a €411 million funding round backed by major technology and energy companies, including Google and RWE. The investment supports the company’s plans to develop commercial fusion power using advanced stellarator technology. Proxima Fusion is working to address some of the technical challenges in fusion…
Richard White Resigns as WiseTech Global Chairman, Raelene Murphy Named Independent Chair
On July 7, 2026, WiseTech Global announced that co-founder Richard White had stepped down as Executive Chairman, bringing another leadership change to the Australian logistics software company. The board appointed Raelene Murphy as Independent Chair with immediate effect. The announcement follows months of governance concerns and investor scrutiny. As WiseTech looks to restore confidence, investors…
Australian Economy Faces Worst Slowdown Since 1990s Recession
The Australian economy is heading toward its weakest stretch of growth since the early 1990s recession. Deloitte Access Economics now forecasts GDP growth of just 1.3% for 2026/27. That follows a downgrade from an earlier estimate of 1.9%. Inflation, rate hikes, and weak productivity are driving this slowdown across the country. Growth Forecasts Fall Sharply…
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…
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…
Shakti Pumps Shares Surge Over 8% After Securing ₹354 Crore Maharashtra Solar Pump Supply Order
On July 6, 2026, Shakti Pumps shares rose more than 8% after the company secured a ₹353.89 crore order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 15,000 off-grid solar water pumping systems. The contract expands the company’s order book and reflects the steady demand for solar-powered irrigation systems across India. As government-backed…
Gold Price Today: MCX Gold Holds at ₹1,47,351, Silver Slips to ₹2,36,966 as Brent Crude Falls 0.41% and Fed Rate-Hike Bets Ease
Gold price today is holding steady on MCX at ₹1,47,351 per 10 grams. Silver has slipped to ₹2,36,966 per kilogram after a strong bounce from recent lows. Brent crude fell 0.41%, and traders are scaling back bets on a Federal Reserve rate hike this year. MCX Gold Holds Near Key Support MCX gold (GOLD) is…