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Nvidia (NASDAQ: NVDA) Partners With Fanuc and Yaskawa to Accelerate AI-Powered Robotics Development
Nvidia confirmed Thursday, July 16, 2026, that it’s partnering with Japanese robotics giants Fanuc and Yaskawa Electric to accelerate AI-powered robotics development. CEO Jensen Huang announced at a media event in Tokyo, framing physical AI as the technology’s next major frontier. The move expands Nvidia’s Cosmos Coalition, a growing alliance built around its robotics software…
ICICI Lombard (NSE: ICICIGI) Shares Plunge 15% to 52-Week Low After Q1 Profit Drops 46%
On July 16, 2026, ICICI Lombard General Insurance shares fell nearly 15%, slipping to a fresh 52-week low after the company reported a 46% year-on-year decline in Q1 FY27 net profit. The earnings miss caught the market off guard and triggered heavy selling throughout the session. Higher claim payouts, additional reserve provisions, and weaker underwriting…
MRPL (NSE: MRPL) Shares Surge After Q1 Profit Jumps to ₹945.68 Crore and Revenue Rises 46%
MRPL shares rallied after the company posted a consolidated net profit of ₹945.68 crore for Q1 FY27, reversing a loss of ₹270.66 crore in the same quarter last year. Revenue from operations climbed 46.12% year-on-year to ₹41,608.96 crore, results the board approved on July 15, 2026. MRPL closed at ₹156.96 on July 14, just ahead…
MTY Food Group to Close 45-50 Papa Murphy’s Stores by Year End
MTY Food Group plans to close 45-50 Papa Murphy’s stores by year-end amid competitive pressures. Parent company shuttering 68 underperforming locations that lost $10M+ annually.
SBI Funds Management IPO Day 3 Updates: Check Live Subscription, Allotment Date; SBI Shares Drop 0.18%
The SBI Funds Management IPO entered its third and final day of bidding on July 16, 2026, with strong interest from both retail and institutional investors. As the issue moves toward closing, investors are closely watching the latest subscription figures, Grey Market Premium (GMP), and the allotment schedule. Meanwhile, State Bank of India (SBI) shares…
Stocks in Focus: Wipro, Tech Mahindra Shares Mixed Ahead of Q1 FY2027 Earnings; Wipro +1.61%, Tech Mahindra +1.83%
Wipro stock and Tech Mahindra shares moved higher ahead of their Q1 results on July 16, 2026. Wipro stock gained 1.61%, while Tech Mahindra rose 1.83% in early trade. Both IT majors report earnings for the April-June 2026 quarter today. Wipro’s board meets after market hours, with Tech Mahindra following at 5:30 PM IST. Investors…
ASX Midday: Telstra (ASX: TLS) Edges Higher as BHP (ASX: BHP) Drops Nearly 3% on $900M Iron Ore Project
ASX midday trading on July 16, 2026, showed a mixed picture across major sectors. Telstra edged higher, building on Wednesday’s close near $4.89. BHP fell nearly 3% after unveiling a $900 million iron ore investment. The S&P/ASX 200 stayed roughly flat, down 0.3% in early Asia-Pacific trading. This ASX midday session highlights how commodity spending…
Toronto Ranks World’s Most Polluted City as Wildfire Smoke Chokes Ontario on July 15
Toronto hit worst air quality globally as wildfire smoke from northwestern Ontario creates orange haze. Environment Canada warns of health risks through Friday morning.
Hardee’s Franchisee Files Chapter 11 as 59 Stores Face Closure Risk
Hardee’s franchisee Superior Star files Chapter 11 bankruptcy on July 9, putting 59 stores at risk across 10 states due to a $7.04 million seller financing dispute and hidden liabilities from its 2023 acquisition.