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Kospi Plunges 6% on July 30 as SK Hynix Earnings Disappoint
Kospi drops 6.1% to 5,656 after SK Hynix misses earnings forecasts despite record profits. South Korea announces emergency measures to stabilize markets and restrict leveraged ETFs.
Deutsche Telekom Slips 0.43% on July 29 as DAX Weakness Spreads
Deutsche Telekom (DTE.DE) dropped 0.43% to €27.47 on July 29 amid DAX weakness. The stock trades at a B grade with a 12-month forecast of €25.56, down 11.5% year-over-year.
Apple Upgrade Launches July 29: iPhone Leasing Starts at $17.99/Month
Apple launches Apple Upgrade program with Klarna, letting U.S. customers lease iPhones for $17.99/month for 12 or 24 months. Program replaces old iPhone Upgrade plan and includes Macs, iPads, and Apple Watches.
Collingwood leads race for Gold Coast’s Jake Rogers as Suns Academy graduate seeks exit
Collingwood is leading the chase for Gold Coast’s Jake Rogers, who comes out of contract this season. The 21-year-old has played only five AFL games in 2026 and is exploring options away from the Suns.
Korean Stocks Tumble as SK Hynix Drops Almost 20%, AI Chip Rally Loses Steam
On July 29, 2026, Korean stocks came under heavy selling pressure after SK Hynix shares fell nearly 20%, erasing a large part of this year’s AI-driven gains. The decline came despite the chipmaker reporting record revenue and a sharp rise in quarterly profit. Investors had expected even stronger results, and the market responded quickly. The…
Hermès (EPA: RMS) Shares Sink 10.59% as EPS Miss at €21.32 Overshadows €3.35B Profit Beat
Hermès shares plunged as much as 10.59% on Wednesday, July 29, 2026. The drop came despite the French luxury house posting €3.4 billion in operating income for H1 2026. Diluted earnings per share came in at €21.32, down slightly from €21.39 a year earlier. A Q2 revenue miss and persistent China weakness drove the sharp…
FTSE 100 Today: Index Gains 0.50% as Earnings Boost UK Stocks Despite Middle East Strikes
The FTSE 100 gained 0.50% by mid-morning trading on Wednesday, July 29, 2026. Strong earnings from Standard Chartered, Reckitt Benckiser, and Rio Tinto drove the rally. This extended Tuesday’s 0.90% gain, when the index closed at 10,878.85. The advance came despite fresh US and Saudi military strikes against Iran-backed groups in Iraq. FTSE 100 Extends…
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…