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Nasdaq Composite Jumps 1.3% as Chip Rally Offsets Iran Tensions on July 9
Nasdaq Composite gains 1.3% to 26,206.89 on July 9 as chip stocks rally. Micron jumps 4.5% after $250B U.S. investment plan. Oil prices fall as Iran tensions ease.
China Fires Nuclear-Capable Missile From Submarine; Arsenal Tripled in Six Years
China launched a nuclear-capable JL-3 missile from a submarine into the Pacific on July 6, 2026. The test is the first from underwater and comes as Beijing triples its nuclear arsenal to over 600 warheads, alarming Australia and Pacific leaders.
Spahn Proposes Stripping Höcke’s Voting Rights Instead of AfD Ban—July 10
Jens Spahn suggests stripping Björn Höcke’s voting rights rather than pursuing a full AfD party ban. Constitutional experts question whether the move is legally viable under German law.
Trump Administration Weakens 401(k) Worker Protections, Opens Door to Risky Investments
Trump administration weakens 401(k) protections to allow riskier investments. Workers lose right to hold employers accountable for mishandled retirement savings.
Nikkei 225 Rises 1.20% to 68,557 as U.S. Semiconductor Rally Offsets ETF Redemption Selling
On July 10, 2026, Japan’s Nikkei 225 climbed 1.20% to 68,557 after another strong session for U.S. semiconductor stocks lifted sentiment across Asian markets. Chipmakers drove most of the gains as Wall Street’s technology rally continued on growing demand for artificial intelligence. Even so, ETF redemption-related selling trimmed part of the market’s early advance. Below…
AstraZeneca Shares Plunge 7.4% After Heart Drug Trial Fails—July 10
AstraZeneca stock fell 7.4% after Wainua heart drug trial missed primary goal. Jefferies models $2.5B sales loss. Meyka grades AZN B+, forecasts $131.71 by year-end.
Bitcoin (BTC) Reclaims $64,000, Eyes 2% Weekly Gain as Tech Rally Boosts Risk Appetite
Bitcoin (BTC) climbed back above $64,000 on July 10, 2026, as investors regained confidence in risk assets. The move came during a strong week for technology stocks, with the Nasdaq and semiconductor companies posting solid gains. Bitcoin is now heading for an almost 2% weekly gain, suggesting buying interest has returned after recent swings. The…
NVDA Stock Dips Nearly 0.7% Despite SOXX’s 3.5% Jump as AMD and Micron Outperform
Nvidia (NASDAQ: NVDA) shares fell nearly 0.7% on July 10, 2026, while the iShares Semiconductor ETF (SOXX) climbed about 3.5% as chip stocks moved higher. AMD and Micron delivered stronger gains, even though investor confidence in artificial intelligence and data centre demand remained intact. The divergent performance among major semiconductor stocks caught the market’s attention…
Luc Poirier Buys Goodyear Plant Site for $29.5M in Valleyfield
Luc Poirier buys Goodyear plant site in Valleyfield for $29.5M. Plans mixed-use development with commercial, industrial, and residential phases on 6.7M sq ft property.