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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…
Nikkei 225 Closes at Two-Month Low After 1.91% Decline in Tech Shares
On July 29, 2026, Japan’s Nikkei 225 dropped 1.91% to its lowest close in more than two months as technology stocks drove a broad market decline. Semiconductor and AI-related companies came under heavy selling pressure after weak global market sentiment hurt investor confidence. The selloff has raised fresh questions about whether Japan’s recent stock market…
Trump Imposes 12.5% Tariff on Australian Exports From July 25
Trump’s new 12.5% tariff on Australian exports takes effect July 25, replacing temporary 10% duty. Australia disputes forced labour claims and calls tariffs unjustified.
AMD Stock in Spotlight After Jim Cramer Highlights Semiconductor Favorites
On 22 July 2026, AMD stock moved back into focus after CNBC’s Jim Cramer named the company among his favourite semiconductor stocks despite recent weakness across the chip sector. His comments came as investors weighed strong demand for AI against market volatility and tougher competition. AMD continues to grow its data centre AI business through…
TSMC (NYSE: TSM) Plans Chip Price Hikes of Up to 10% in 2027 to Offset Rising Manufacturing Costs
Taiwan Semiconductor Manufacturing Company (TSMC) is preparing to increase chip manufacturing prices by as much as 10% in 2027, according to reports released on July 21, 2026. The world’s largest contract chipmaker is dealing with higher production costs while continuing to expand its manufacturing network outside Taiwan. The planned increase could affect some of the…
S&P 500, Nasdaq Composite Drift Sideways as $3.2 Trillion Shifts From Chip Stocks to Magnificent Seven
The S&P 500 has traded in a tight range for months. Beneath that calm surface, $3.2 trillion has rotated between the Magnificent Seven and chip stocks outside Nvidia. This massive shift has largely canceled itself out at the index level. Traders are watching closely as earnings season could finally break the stalemate. The Nasdaq Composite…
Samsung Electronics (KRX: 005930) Shares Jump 3.3% on Report of Potential U.S. ADR Listing
Samsung Electronics shares climbed 3.3% after reports indicated the company could be considering a U.S. American Depositary Receipt (ADR) listing. Although Samsung Electronics has not confirmed any such plan, the report drew immediate attention because an ADR would make the company’s shares easier for U.S. investors to buy. Investors are weighing what that could mean…
South Korea Plans Record $531 Billion 2027 Budget, Prioritizing AI Chips and Data Centers
South Korea unveiled a record fiscal 2027 budget plan on July 13, 2026. The government proposed spending more than 800 trillion won, or $530.97 billion. That marks a sharp rise from this year’s 727.9 trillion won budget. Budget Minister Park Hong-keun announced the plan at a national fiscal strategy meeting. Three “mega-projects” will receive top…
SK Hynix Surges 14% in Record $26.5B Nasdaq Debut on July 10
SK Hynix debuts on Nasdaq with 14% gain in $26.5B offering, the largest US listing by a foreign firm. The chip maker supplies critical AI memory as South Korea invests $880B in semiconductor capacity.