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Rocket Lab Stock Jumps on $8B Iridium Deal and Morgan Stanley Bull Case—July 8
Rocket Lab to buy Iridium for $8B. Morgan Stanley sets bull target at $293. RKLB stock down 17% this week but up 115% over 12 months. Deal closes mid-2027.
Kalyan Jewellers Stock Bounces 5% on Citi Buy Rating Despite Q1 Miss
Kalyan Jewellers stock rebounds 5% to ₹374 on Citi’s Buy rating and ₹750 price target, signaling 111% upside despite Q1 revenue missing forecasts. Meyka grades the stock B+.
Swiss Doctors Threaten Strike Over New Salary Cap Starting January 2027
Swiss doctors threaten strike over new billing cap limiting them to 1,577 points per day starting January 2027. The measure aims to control healthcare costs.
Australian Woman Arrested in US for Illegal Voting in 2022 and 2024 Elections
Australian woman Denise Nataly Migliore arrested after allegedly voting illegally in US federal elections by falsely claiming citizenship. Faces up to 5 years in prison and $250,000 fine.
Bombay High Court: Mumbai Flooding Is Citizens’ Fault Too, Not Just BMC—July 8
Bombay High Court says Mumbai’s monsoon flooding results from both civic failures and citizens’ actions: encroachments, clogged drains, and misuse of public spaces.
Apple (NASDAQ: AAPL) Expands Broadcom (NASDAQ: AVGO) Partnership With $1.5 Billion Colorado Manufacturing Investment
Introduction Apple has expanded its long-standing partnership with Broadcom through a multiyear semiconductor agreement expected to exceed $30 billion, marking one of the company’s largest domestic manufacturing commitments. Announced on July 8, 2026, the deal includes a $1.5 billion expansion of Broadcom’s manufacturing facility in Fort Collins, Colorado, strengthening U.S.-based chip production and supply chain…
Oil Market News: WTI Tops $72 While Brent Hits $74 on Iran Oil Concerns
The Oil Market gained ground as traders responded to fresh concerns over possible disruptions to Iranian crude exports. West Texas Intermediate (WTI) rose above $72 per barrel, while Brent crude traded at $74 per barrel. Prices moved higher as investors balanced geopolitical tensions with steady global demand and expectations for future supply. With uncertainty still…
Apple Commits $30B to Broadcom for US Chip Production—July 8
Apple commits $30 billion to Broadcom for US chip production through 2031, including a $1.5 billion Colorado factory expansion to produce 15 billion chips domestically.
EPFO System Upgrade Complete: Rs 1.44 Lakh Crore Interest by July 15
EPFO’s new centralised portal goes live July 8. Rs 1.44 lakh crore interest at 8.25% credited by July 15 to 34 crore accounts. Faster claims, automated pre-validation, and unified dashboard now available.