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Capita (LON: CPI) Stock Plunges 15.1% After UK Government Statement on Civil Service Pension Contract
Capita shares fell 15.1% on Tuesday, July 7, 2026, after a ministerial statement on its pension contract. Some reports put the intraday drop as high as 16%. The Paymaster General criticized Capita’s handling of the Civil Service Pension Scheme. This marks another setback in Capita’s troubled outsourcing history. What Triggered Capita’s Stock Plunge Cabinet Office…
Samsung Profits Surge 1,800% as AI Memory Chip Demand Drives Record ₩89.4 Trillion Quarterly Operating Profit and ₩171 Trillion Sales
Samsung posted a record second-quarter operating profit of 89.4 trillion won, up 1,810.3% year-over-year. The company reported revenue of 171 trillion won, compared with 133.9 trillion won last quarter. AI-driven memory chip demand powered this surge. The results mark Samsung’s third consecutive record quarter this year. Samsung Posts Record Profit on AI Memory Demand Samsung…
Google DeepMind Expands Gemini AI Team as Feryal Behbahani Announces Hiring for Agent Post-Training Research
Google DeepMind is adding more researchers to its Gemini AI team as competition to build capable AI agents continues to grow. DeepMind researcher Feryal Behbahani recently announced an opening for an Agent Post-Training Research role focused on improving how Gemini thinks, plans, and handles complex tasks after its initial training. The hiring reflects Google’s continued…
Crypto Prices Today: Bitcoin Holds Near $62,048 After Strategy’s Record $216 Million Sale; Solana Leads Gains With 1.40% Rise
Crypto prices show a mixed picture Monday, with Bitcoin holding near $62,048 despite fresh selling pressure. Strategy disclosed its largest-ever Bitcoin sale, offloading 3,588 BTC for $216 million. Solana bucked the trend, gaining 1.40% to trade near $81. Total crypto market capitalization sits around $2.31 trillion as investors digest this corporate selling news. Strategy Sells…
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…
Titan Company Rises 2.80% on 41% Q1 Consumer Business Growth
Titan Company has started the new financial quarter on a positive note. The company’s shares climbed 2.80% after it reported 41% growth in its consumer business during the first quarter (Q1). The latest update points to healthy demand across several product categories and reflects steady buying activity from customers. For investors tracking the stock market,…
Syntiant IPO Filed: Intel, Microsoft-Backed AI Chipmaker Reports $64.5M Revenue, $26.2M Net Loss
On July 7, 2026, AI chipmaker Syntiant filed for a US initial public offering (IPO), taking another step towards becoming a publicly traded company. Backed by Intel and Microsoft, the company reported $64.5 million in revenue and a $26.2 million net loss in its latest filing. Interest in AI chip companies remains strong, and investors…
Dow Futures Gain 0.1%, Nasdaq 100 Drops 0.6% as Samsung Reports 1,900% Profit Increase
Dow futures rose 0.1% early Tuesday, adding 56 points to trade near 53,428. Nasdaq 100 futures fell 0.6% as chip stocks pulled back. Samsung Electronics reported a 1,900% profit increase for Q2 2026, yet its shares still slid. This split reflects growing caution around AI valuations across global markets. Dow Futures Hold Steady After Record…