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Korean Stocks Tumble as SK Hynix Drops Almost 20%, AI Chip Rally Loses Steam
On July 29, 2026, Korean stocks came under heavy selling pressure after SK Hynix shares fell nearly 20%, erasing a large part of this year’s AI-driven gains. The decline came despite the chipmaker reporting record revenue and a sharp rise in quarterly profit. Investors had expected even stronger results, and the market responded quickly. The…
USDA Issues Class I Recall of 12,036 Pounds of Maple Leaf Bacon on July 29
USDA recalls 12,036 pounds of Maple Leaf Foods bacon imported from Canada for bypassing mandatory US import reinspection. Affected products sold in Idaho, Oregon, and Washington.
Meta Says Banning Chinese AI Would Hurt US Innovation and Competition
On July 29, 2026, Meta CEO Mark Zuckerberg said the United States should not ban Chinese AI models. He argued that restricting them could slow American innovation rather than strengthen it. His comments come as Washington considers tighter measures against Chinese AI companies over national security and intellectual property concerns. Meta believes the US will…
SK Hynix Quarterly Profit Jumps 557% but Falls Short of Market Expectations
On July 29, 2026, SK Hynix reported a 557% increase in quarterly operating profit, helped by strong demand for high-bandwidth memory (HBM) chips used in artificial intelligence (AI) systems. The company also recorded its highest-ever quarterly revenue, reflecting continued growth in AI-driven memory demand. Even so, the results came in below market expectations, and the…
Vanguard Quietly Builds Nearly $1 Billion Strategy Stake Despite Bitcoin ETF Stance
Vanguard has increased its stake in Strategy Inc by $50 million, pushing its holding close to $1 billion. The asset manager now holds roughly 10.5 million shares of the Bitcoin treasury company. This comes despite Vanguard’s long-standing refusal to offer spot Bitcoin ETFs on its brokerage platform. The firm’s exposure stems from passive index tracking,…
Best High ROE Tech Stocks With Strong Growth Potential in 2026
Return on Equity (ROE) is one of the first metrics many investors check when assessing technology stocks in 2026. With artificial intelligence, cloud computing, and semiconductor demand driving earnings, companies that generate strong returns from shareholder capital continue to attract attention. In July 2026, several major tech firms reported solid profits even as they increased…
Japan’s Asuka-Fujiwara Sites Named UNESCO World Heritage on July 26
Asuka-Fujiwara archaeological sites in Nara Prefecture inscribed as UNESCO World Heritage on July 26. The 19 sites span late 6th to early 8th centuries and show Japan’s transition to centralized government.
Zen Technologies (NSE: ZENTEC) Shares Sink 10% After Q1 FY27 Profit Drops 27.8%
Zen Technologies shares sank as much as 10.39% on Monday, July 27, 2026, after the defence electronics maker reported a weak Q1 FY27 scorecard. The stock hit an intraday low of ₹1,585.55 on the BSE before paring losses to trade at ₹1,688.95, down 4.55%. Net profit for the June quarter fell 27.8% year-on-year to ₹34.46…
Should You Apply for Xtranet Technologies IPO? Day 3 GMP and Subscription Analysis
Xtranet Technologies IPO closes today, July 27, 2026, its third and final subscription day. The issue has been subscribed 2.88 times as of Day 3 morning. That’s a sharp jump from 1.07 times on Day 1 and 1.49 times on Day 2. Grey market premium, however, has fallen to just ₹6 per share today. That…