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FTSE 100 Falls 0.61% as Gulf Conflict Escalates; DAX Drops 1.10%, CAC 40 Loses 0.82%
The FTSE 100 fell 0.61% on July 8, 2026, as Gulf conflict tensions escalated sharply. Germany’s DAX dropped 1.10%, while France’s CAC 40 lost 0.82% during the same session. Bahrain sounded missile alert sirens for a third time Wednesday morning. Iran and Kuwait exchanged fire following overnight U.S. strikes on Iranian targets. Oil prices jumped…
Zhipu AI (HKEX: 2513) Jumps 14.16% on Report of Custom AI Chip Development for GLM Models
Zhipu AI shares skyrocketed 14.16% during intraday trading on July 8, 2026. The stock, listed as Knowledge Atlas Technology, touched HK$1,838.00 by 10:45 AM GMT+5. That marked a gain of HK$228.00 over the previous close of HK$1,610.00. The rally follows a report that Zhipu AI is exploring a custom AI chip for its GLM model…
Sam’s Club Summer Sale: Walmart Reduces Prices on More Than 1,000 Items
Sam’s Club and Walmart announced sweeping summer price cuts on July 6, 2026. The Bentonville, Arkansas-based retailer slashed prices on more than 1,000 items. Shoppers will see savings across groceries, household essentials, outdoor living, toys, and apparel. The move covers stores and clubs nationwide, including online and app orders. Sam’s Club, a Walmart Inc. (Nasdaq:…
ITV (LON: ITV) Shares Drop Over 6% as J.P. Morgan Downgrades Stock After £1.6 Billion Sky Deal
ITV shares fell more than 6% Tuesday after J.P. Morgan Cazenove downgraded the stock. The broker cut ITV to “neutral” from “higher weight,” slashing its price target to 85 pence from 104 pence. Analysts said ITV failed to secure favorable terms selling its Media & Entertainment division to Sky. The deal’s structure raised concerns about…
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…
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 move…
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…