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Marksans Pharma (NSE: MARKSANS) Rises Nearly 4% After Acquiring Germany’s ABCnow GmbH
On July 8, 2026, Marksans Pharma (NSE: MARKSANS) climbed nearly 4% after announcing the acquisition of Germany-based ABCnow GmbH. The deal comes only weeks after the company’s expansion into the Netherlands and reflects its continued focus on growing in regulated international markets. Investors are now watching whether these overseas acquisitions will increase revenue, widen the…
PC Jeweller (NSE: PCJEWELLER) Jumps 6.48% After Debt Repayment, Targets Debt-Free Status in Q2 FY27
On July 8, 2026, PC Jeweller (NSE: PCJEWELLER) shares climbed 6.48% after the company confirmed it had repaid outstanding dues to two consortium banks. The announcement added another positive update to its financial recovery plan and kept management on track for its goal of becoming debt-free by Q2 FY27. Investors responded quickly, reflecting renewed confidence…
OpenAI Launches GPT-5.6 After US Clears Wider Release; Advanced AI Model Debuts on Thursday
OpenAI will launch GPT-5.6 publicly on Thursday, July 9, 2026, after US government approval. The Trump administration cleared a broader rollout following weeks of testing and coordination. CEO Sam Altman confirmed the news directly on X on July 8. OpenAI introduced the GPT-5.6 family with three models: Sol, Terra, and Luna. OpenAI first previewed these…
Mahesh Muralidhar Pai Set to Head South Indian Bank Following RBI Clearance
Mahesh Muralidhar Pai will become South Indian Bank’s next Managing Director and CEO. The Reserve Bank of India approved his appointment through a letter dated July 7, 2026. Pai’s three-year term begins on October 1, 2026, succeeding outgoing CEO P R Seshadri. He currently serves as Chief General Manager at Canara Bank, leading digital banking…
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…
Brent Crude Surges 3.2% to $76.60/Barrel After US Airstrikes on Iran; Gold Slips 0.4%
Brent crude prices rose 3.2% to about $76.60 per barrel on July 8, 2026, after fresh U.S. airstrikes on Iran raised concerns about possible disruptions to Middle East oil supplies. At the same time, gold fell 0.4%, catching some investors off guard as the metal often gains during periods of geopolitical tension. The latest price…
Kalyan Jewellers Shares Could Surge 97% as Citi Sees Strong Long-Term Growth
Kalyan Jewellers shares carry a bold new call from Citigroup this week. The brokerage reiterated its Buy rating with a target price of ₹700. That target implies roughly 97% upside from the stock’s ₹355.80 close on July 7, 2026. Citi flagged strong long-term growth despite a Q1 FY27 revenue miss. Its market capitalization stood at…
SpaceX Shares Fall 2.3% Ahead of Nasdaq 100 Entry as Morgan Stanley Sets $300 Price Target
SpaceX shares slipped about 2.3% on July 7, 2026, as investors looked ahead to the company’s upcoming addition to the Nasdaq 100. The decline came even after Morgan Stanley initiated coverage with a $300 price target, reflecting confidence in the company’s long-term growth. Some investors chose to lock in gains before the index inclusion, while…
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…