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Japan’s Defense Budget Hits $63B as Air-Missile Systems Reshape Strategy July 29
Japan’s FY2026 defense budget reaches $63 billion as PM Takaichi Sanae prepares new security documents to reshape air and missile defense strategy amid China tensions.
Ford (NYSE: F) Stock Rises 2% After Q2 Revenue Hits $44.9B, EPS Beats at $0.42
Ford shares rose nearly 2% in regular trading Tuesday, July 28, 2026, ahead of its earnings release. The automaker reported adjusted EPS of $0.42, beating the $0.35 analyst estimate by 21%. Automotive revenue reached $44.89 billion for the quarter. Ford also raised its full-year 2026 profit outlook for the second time this year. Ford Beats…
TCS (NSE: TCS) Surges 12% in Five Sessions as AI Optimism Sparks IT Stock Rally
TCS shares have rallied 12% over the last five trading sessions as of Wednesday, July 29, 2026. The stock is now up 17% over the past month, sharply outperforming the broader Nifty 50. Renewed AI optimism and a stronger-than-feared Q1 earnings reset have powered the rally. Peers Infosys, HCL Tech, and Wipro have also posted…
US Stock Market: Nasdaq Futures Slip as KOSPI Plunges Nearly 6%, S&P 500 Futures Rise 0.2%
Stock Market futures showed a split reaction Wednesday, July 29, 2026, as Asian chip stocks tumbled. South Korea’s KOSPI plunged nearly 6%, dragged down by a disappointing SK Hynix earnings report. S&P 500 futures edged up 0.2%, while Nasdaq-100 futures slipped slightly. Iran’s resumed attacks on regional targets also lifted oil prices overnight. KOSPI Plunges…
Meta Says Banning Chinese AI Would Hurt US Innovation and Competition
On July 29, 2026, Meta CEO Mark Zuckerberg said the United States should not ban Chinese AI models. He argued that restricting them could slow American innovation rather than strengthen it. His comments come as Washington considers tighter measures against Chinese AI companies over national security and intellectual property concerns. Meta believes the US will…
SK Hynix Quarterly Profit Jumps 557% but Falls Short of Market Expectations
On July 29, 2026, SK Hynix reported a 557% increase in quarterly operating profit, helped by strong demand for high-bandwidth memory (HBM) chips used in artificial intelligence (AI) systems. The company also recorded its highest-ever quarterly revenue, reflecting continued growth in AI-driven memory demand. Even so, the results came in below market expectations, and the…
Wind Power Growth Gains Momentum With 50 GW of New Capacity Expected by 2030
India’s wind power sector is entering a decisive growth phase heading into 2030. The Global Wind Energy Council projects wind capacity reaching 107 GW by 2030, up from 56.09 GW installed as of March 31, 2026. That trajectory implies roughly 50 GW of new wind power capacity over the next four years. FY2025-26 alone added…
Indian Banks Charge Customers Billions in Low Balance Penalties, HDFC Bank Tops List
ndian banks collected more than ₹7,000 crore from customers in FY26 for failing to maintain minimum account balances. The government disclosed this figure in a written Rajya Sabha reply from Minister of State for Finance Pankaj Chaudhary. Private sector banks alone collected ₹4,948.71 crore, while public sector banks gathered ₹2,137.92 crore. HDFC Bank topped every…
Harvey Norman Copped $35M Fine Over Misleading Ads on July 29
Harvey Norman fined A$35 million by Federal Court for misleading ads promoting 60-month interest-free payments without disclosing mandatory credit card fees and charges to customers.