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AI Boom Fuels $27 Trillion Market Surge, Raising Fears of a Historic Tech Bubble
The artificial intelligence (AI) boom has become the dominant force behind global equity markets. Since November 2022, AI-related companies have added approximately $27 trillion in market value, according to Goldman Sachs Research. That increase equals roughly 36% of the entire U.S. stock market’s value, making AI the biggest driver of Wall Street gains over the…
Nasdaq Futures Jump 1.3% as Nvidia (NASDAQ: NVDA) and Chip Stocks Fuel Market Optimism
Nasdaq futures climbed 1.3% on July 21, 2026, pointing to a stronger start for U.S. markets after a volatile session. Nvidia (NASDAQ: NVDA) and other semiconductor stocks led the gains as investors returned to AI-focused companies ahead of a busy week of Big Tech earnings. Expectations for continued demand for AI chips, along with fresh…
Revolut Wins Australian Banking Licence, Commits A$400M to Challenge Big Four
Revolut wins APRA banking licence in Australia, launches Revolut Bank Australia with savings rates up to 5.05% p.a. and A$400M investment commitment to compete with Big Four banks.
TSMC (NYSE: TSM) Plans Chip Price Hikes of Up to 10% in 2027 to Offset Rising Manufacturing Costs
Taiwan Semiconductor Manufacturing Company (TSMC) is preparing to increase chip manufacturing prices by as much as 10% in 2027, according to reports released on July 21, 2026. The world’s largest contract chipmaker is dealing with higher production costs while continuing to expand its manufacturing network outside Taiwan. The planned increase could affect some of the…
Mitie (LSE: MTO) Agrees to £3.1 Billion Takeover by OCS Group in 45% Premium Deal
Mitie has agreed to a £3.1 billion takeover by rival OCS Group. The deal values Mitie shares at up to 221.6 pence each. That figure represents a 44.7% premium to Monday’s closing price of 151p. OCS will pay 218.5 pence per share in cash. Mitie shareholders also keep a planned 3.1 pence final dividend. The…
Cement (NSE: ULTRACEMCO) Shares Rise 2% as Q1 FY27 Profit Jumps 17% to ₹2,599 Crore UltraTech
UltraTech Cement shares extended gains for a second straight session on July 21, 2026. The stock traded at ₹12,039.65 on the BSE, up 1.19% intraday. That followed a 1.35% rise to ₹11,880 on results day itself. Combined, shares have climbed close to 2% since UltraTech posted its Q1 FY27 numbers. Consolidated net profit jumped 16.8%…
Gold Price Today: MCX Gold Climbs 0.65% to Rs. 1,42,300 Despite Falling Brent Crude
Gold price on the Multi Commodity Exchange climbed 0.65% to Rs. 1,42,300 per 10 grams on Tuesday, July 21, 2026. The move came even as Brent crude fell 0.80% to $88.51 per barrel, breaking below the $90 mark. Reports of diplomatic efforts to ease Middle East tensions helped pull oil lower while still supporting demand…
Bitcoin Nears $66K as ETF Inflows Rebound Despite Ongoing Iran Tensions
Bitcoin traded close to $66,000 in late July 2026 as investor confidence improved after spot Bitcoin ETF inflows turned positive again. The rebound came even as Iran-related geopolitical tensions continued to weigh on global financial markets. Fresh institutional buying helped support Bitcoin’s recent gains, while traders kept a close eye on resistance levels that could…
Jamie Dimon Explains Why He’s Avoiding the S&P 500 and Long-Dated Treasuries
Jamie Dimon says he wouldn’t buy the S&P 500 or long-dated Treasuries at today’s prices. The JPMorgan Chase CEO made the comments in an hourlong interview with Wilfred Frost on The Master Investor Podcast, released late Monday, July 20, 2026. His warning came just days after JPMorgan posted a record $21.2 billion quarterly net income,…