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U.S. Strikes Iran for 7th Night as Bridges Fall, Oil Hits $86
U.S. Central Command launched its seventh straight night of strikes on Iran, hitting bridges and port infrastructure. Iran retaliated against Gulf allies. Oil rose above $86 a barrel as Strait of Hormuz shipping hit a three-week low.
SpaceX Stock Crashes Below IPO Price as Rinehart’s A$700m Gain Evaporates
SpaceX shares dropped below their US$135 IPO price, erasing US$903 billion in value. Australian billionaire Gina Rinehart’s estimated A$700m profit from the June listing has been wiped out.
Social Security Faces 22% Automatic Cut in 2033 Without Congressional Action
Social Security’s retirement trust fund runs dry in late 2032, forcing automatic 22% benefit cuts affecting 70 million Americans. A new bipartisan bill seeks to prevent the cuts.
New World Development Quietly Renames Kwun Tong Mall from Scramble Hill to The ANGLE
New World Development rebrands Kwun Tong mall from Scramble Hill to The ANGLE. The 50-million-square-foot complex now emphasizes anime, dining, and pet-friendly spaces.
Bitcoin (BTC/USD) Falls Below $63,000 as U.S.-Iran Tensions and Rate Fears Hit Crypto Markets
On 17 July 2026, Bitcoin (BTC/USD) slipped below the $63,000 mark as investors responded to rising tensions between the United States and Iran and fresh concerns about future Federal Reserve interest rate decisions. The move weighed on the wider cryptocurrency market, with several leading digital assets posting losses. As uncertainty grows across global markets, traders…
Zhongji Innolight Targets Up to $7 Billion in Hong Kong Listing After July 17 Approval
Zhongji Innolight is nearing final clearance for what could become Hong Kong’s largest listing this year. Bloomberg reported on July 15, 2026, that China’s securities regulator was set to approve the deal. That approval clears the path for a Hong Kong Stock Exchange listing hearing this week. Zhongji Innolight now aims to raise to $7…
Caliber Mining IPO Sees Early Bids on Day 1; ₹135 Crore Anchor Book Backed by Abakkus and Helios
The Caliber Mining IPO opened for public subscription on July 17, 2026. The Maharashtra-based coal mining and logistics firm is raising ₹450 crore through this mainboard offering. Ahead of the launch, the company secured ₹134.99 crore from anchor investors on July 16. Abakkus and Helios Mutual Fund led the anchor round, signaling strong institutional confidence…
Red Robin Stock Down 0.14% to $7.02 as Burger Chain Plans Restaurant Sales and Closures
Red Robin stock slipped 0.14% Friday, trading at $7.02 per share. The casual dining chain continues executing its debt-reduction “First Choice Plan.” Red Robin expects to close roughly 20 additional locations during 2026. The company also targets closing its $72.5 million refranchising deal today, July 17. That transaction covers 86 company-owned restaurants sold to two…
Starship 13th Flight Test Set for Launch Next Week; 90-Minute Window Opens at 5:45 p.m. CT
Starship’s 13th flight test is now targeting a new launch window next week. SpaceX aborted Thursday’s attempt at the last second on July 16, 2026. Four engines on Super Heavy Booster 20 failed to ignite as planned. Elon Musk confirmed Friday that two Raptor engines will be removed and replaced. He said the “most probable…