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Former Olympian Pleads Not Guilty in Lincoln Memorial Pool Lawsuit—July 9
Former Olympic canoeist David Hearn pleads not guilty to damaging the Lincoln Memorial Reflecting Pool on July 9. The felony charge carries up to 10 years in prison and has drawn criticism as political scapegoating.
Sensex crashes 1,677 points as Trump ends Iran ceasefire on July 8
Sensex fell 1,677 points and Nifty50 dropped 517 points on July 8 as Trump ended the Iran ceasefire, sending oil prices up 7.4% and erasing ₹8 lakh crore in investor wealth.
Canada Fights Trump’s 10% Forced Labour Tariffs on July 9, 2026
Canada rejects Trump’s proposed 10% forced labour tariffs, citing new legislation. Democratic AGs call the tariffs unlawful. USTR launched Section 301 investigations in March 2026.
Firefly Aerospace Wins $13M NASA Mars Contract on July 9
Firefly Aerospace (FLY) wins $13M NASA subcontract to manufacture the aeroshell for Skyfall Mars mission launching in 2028. The contract marks the company’s first project from its Gloworks innovation lab in Texas.
Apollo Micro Systems Acquires 41% of Premier Explosives for ₹1,550 Cr—July 10
Apollo Micro Systems acquires 41% stake in Premier Explosives for ₹1,550 crore. Deal combines defense electronics with missile propellants, creating integrated defense manufacturer.
Kusumgar IPO Closes July 10: 6.31x Subscribed, ₹160 GMP—What Investors Need to Know
Kusumgar IPO closes 6.31x oversubscribed with ₹160 grey market premium. Price band ₹398–₹419. Listing July 15 on NSE and BSE. Check subscription status and key dates.
Tokyo Electron Stock Jumps 2.3% as Chip Equipment Demand Surges—July 10
Tokyo Electron (8035.T) rises 2.3% as Japan’s chip equipment market grows 26% to ¥6.55 trillion in FY2026. DRAM and AI server demand drive record orders.
Dell Stock Surges 9% on Trump Endorsement, Raising Ethics Questions—July 9
Dell stock surged 9% after Trump’s endorsement at the White House on July 6. The move marks a pattern of gains tied to Trump’s public praise, though strong AI server demand and record earnings also fuel the rally.
South Indian Bank MD Appointment: Mahesh Pai Gets RBI Nod, Stock Falls 9%
RBI approves Mahesh Muralidhar Pai as South Indian Bank MD & CEO from October 1, 2026. Stock tumbles 9% despite leadership transition. Board approval scheduled July 16.