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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…
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…
Info Edge Shares Surge 12% to ₹1,144.50 After Q1 Billings Rise 14.4% to ₹737 Crore
Info Edge shares jumped nearly 12% on July 7, 2026, reaching ₹1,144.50 after the company reported strong Q1 FY27 business growth. The rally came after the company posted a 14.4% year-on-year rise in billings to ₹737 crore, reflecting stronger demand across its digital platforms. Investors responded positively as the numbers pointed toward better earnings potential…
India Market: Sensex Climbs 0.19% as FIIs Return, IT Stocks Rise
On July 7, 2026, India’s stock market traded higher, with the Sensex gaining 0.19% and the Nifty extending its recent strength. The rally came as foreign institutional investors (FIIs) continued buying Indian equities. IT stocks also moved higher as investors prepared for the first-quarter earnings season. Lower crude oil prices added to the positive mood….
ByteDance and Alibaba Disable Custom AI Companion Features Ahead of China’s July 15 AI Regulations
China’s new AI rules will take effect on July 15, 2026, prompting major technology companies to adjust their products before the deadline. In response, ByteDance and Alibaba have started disabling custom AI companion features in their chatbot platforms to comply with the upcoming regulations. The decision reflects China’s stronger oversight of AI safety, transparency, and…
European Markets: FTSE 100 Gains 0.26%, CAC 40 Climbs 0.30% as Geopolitical Risks Remain in Focus
FTSE 100 edged higher on July 6 as European equities opened the week with cautious gains despite ongoing geopolitical concerns. The UK’s benchmark index rose 0.26%, while France’s CAC 40 advanced 0.30% during early trading. Germany’s DAX also traded modestly higher as investors monitored developments in the Middle East, global trade discussions, and expectations for…
Nasdaq Futures Jump 1% to Lead Wall Street Higher; S&P 500 Futures Gain 0.4% After Long Holiday Weekend
On July 7, 2026, U.S. stock futures pointed to a positive start for Wall Street following the long Independence Day holiday weekend. Nasdaq futures rose about 1%, while S&P 500 futures added roughly 0.4% as investors returned to technology stocks. Traders are also preparing for a busy week that includes Federal Reserve updates, fresh economic…
Sky to Buy ITV Broadcasting Arm in Deal Worth Up to £1.6B
On July 6, 2026, Sky announced an agreement to acquire ITV’s broadcasting and streaming business for up to £1.6 billion. It is one of the biggest UK media deals in recent years. The agreement comes as traditional broadcasters face growing pressure from global streaming platforms and changing viewing habits. If the transaction receives regulatory approval,…
Adani Enterprises in Focus as Adani Defence Unveils ₹2,500 Crore Missile Ecosystem Project in Madhya Pradesh, Creating 5,000 Jobs
Adani Enterprises is back in the spotlight after its defence arm announced a ₹2,500 crore investment to establish South Asia’s largest private-sector missile ecosystem in Shivpuri, Madhya Pradesh. The project, announced on July 5, 2026, is expected to generate around 5,000 jobs while expanding India’s domestic defence manufacturing capacity. As the government continues to promote…