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DeepSeek Seeks Fresh Funding at $74 Billion Valuation Ahead of Planned China IPO
DeepSeek is back in the spotlight after reports said it is seeking fresh funding at a valuation of 500 billion yuan (about $74 billion) before a planned initial public offering (IPO) in China. The fundraising effort, reported on July 15, 2026, reflects rising investor interest in the country’s fast-growing artificial intelligence industry. As global competition…
Nvidia Corp (NVDA) Rises 4.06% as Mizuho Financial Group Partners With Chipmaker to Build In-House AI Platform
Nvidia Corp shares climbed 4.06% on July 15, 2026, closing near $211.80. The rally followed news that Mizuho Financial Group will partner with Nvidia Corp to build an in-house AI platform. The Japanese banking giant aims to protect sensitive customer data by avoiding external AI tools. Nvidia’s market capitalization now sits near $5.13 trillion. This…
Ather Energy (NSE: ATHERENERG) Shares Jump 10% to 52-Week High After Hero MotoCorp’s ₹1,000 Crore Investment Plan
Ather Energy shares climbed nearly 10% on July 15, 2026, touching a new 52-week high after Hero MotoCorp approved an investment of up to ₹1,000 crore in the electric scooter manufacturer. The announcement drew strong buying interest and added to investor confidence in India’s expanding electric vehicle market. Market participants are now watching whether the…
Domino’s Pizza Reshapes Board with New Directors, Barry Named Lead Independent Director
Domino’s Pizza adds Michael Creedon and Anneliese Olson to its board and names Corie Barry as lead independent director. The moves strengthen oversight and bring retail and technology expertise.
IBM Shares Plunge 25.21% After Customers Rush Hardware Orders Ahead of Price Hikes
IBM shares crashed 25.21% on July 14, 2026, marking the stock’s worst single-day drop since 1968. The selloff followed a preliminary Q2 earnings warning. IBM posted adjusted EPS of $2.93, missing the $3.01 consensus estimate. Revenue came in at $17.2 billion, below the $17.86 billion analysts expected. CEO Arvind Krishna blamed a sudden capital expenditure…
Senate Democrats Block $1.15 Trillion Defense Bill Over Iran War on July 14
Senate Democrats blocked the $1.15 trillion National Defense Authorization Act on July 14, citing Trump’s unauthorized Iran war. The vote was 50-46, far short of the 60 needed to advance the must-pass bill.
Tata Elxsi (NSE: TATAELXSI) Shares Fall 6.1% After Q1 Profit Drops 22.58% Sequentially
Tata Elxsi shares fell 6.1% Wednesday after its Q1 FY27 results missed expectations. The stock touched an intraday low of ₹3,469.70, a fresh 52-week low. Tata Elxsi reported Q1 net profit of ₹170.6 crore, up 18.2% year-over-year. That figure still marked a 22.58% sequential decline from ₹220 crore in Q4 FY26. Revenue crossed the ₹1,000…
Intel Shares Jump 4.50% as Intel Turns to ASML’s Next-Generation Chipmaking Tool
Intel shares jumped 4.50% Wednesday, trading at $107.76 after a volatile week. The rally followed news that Intel will use ASML’s next-generation chipmaking tool. Intel has begun deploying ASML’s High-NA EUV machine for Panther Lake laptop chips. That marks a significant step after experiments with the tool began back in 2024. The move comes alongside…
Nifty IT Slides as TCS Drops to ₹2,193.40: Why Infosys, Mphasis & Persistent Systems Shares Are Falling
Indian IT stocks faced selling pressure on July 15, 2026, as the Nifty IT index moved lower after TCS fell to ₹2,193.40. The decline spread across the sector, with Infosys, Mphasis, Persistent Systems, Wipro, and HCLTech also trading in the red. Weak global technology sentiment weighed on investor confidence, while fresh concerns about enterprise IT…