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KOSPI Slides 5.7%, Nears Bear Market as Samsung (005930.KS) Drops 6.9% and SK Hynix (000660.KS) Falls 5%
South Korea’s KOSPI index tumbled 5.7% on July 8, 2026, pushing the benchmark toward bear market territory. Samsung Electronics dropped 6.9%, while SK Hynix fell 5%. The selloff extended a brutal stretch that began with a historic circuit breaker in Samsung shares on July 7. Foreign investors dumped hundreds of billions of won in semiconductor…
Sam’s Club Summer Sale: Walmart Reduces Prices on More Than 1,000 Items
Sam’s Club and Walmart announced sweeping summer price cuts on July 6, 2026. The Bentonville, Arkansas-based retailer slashed prices on more than 1,000 items. Shoppers will see savings across groceries, household essentials, outdoor living, toys, and apparel. The move covers stores and clubs nationwide, including online and app orders. Sam’s Club, a Walmart Inc. (Nasdaq:…
SpaceX Shares Fall 2.3% Ahead of Nasdaq 100 Entry as Morgan Stanley Sets $300 Price Target
SpaceX shares slipped about 2.3% on July 7, 2026, as investors looked ahead to the company’s upcoming addition to the Nasdaq 100. The decline came even after Morgan Stanley initiated coverage with a $300 price target, reflecting confidence in the company’s long-term growth. Some investors chose to lock in gains before the index inclusion, while…
Samsung Electronics Co Ltd Falls 9.12% Despite Record 2Q Profit
Samsung Electronics shares dropped 9.12% on July 7, 2026, even after posting record quarterly profit. The company reported preliminary Q2 operating profit of 89.4 trillion won ($58.4 billion). That figure surged 1,810.3% year over year. Investors sold into the news anyway, triggering a sharp single-day decline across South Korea’s chip sector. Samsung Electronics Posts Record…
European Markets: FTSE 100 Gains 0.26%, CAC 40 Climbs 0.30% as Geopolitical Risks Remain in Focus
FTSE 100 edged higher on July 6 as European equities opened the week with cautious gains despite ongoing geopolitical concerns. The UK’s benchmark index rose 0.26%, while France’s CAC 40 advanced 0.30% during early trading. Germany’s DAX also traded modestly higher as investors monitored developments in the Middle East, global trade discussions, and expectations for…
Nvidia Corp (NVDA) Stock Up 1.39% After Pacific Sage Partners Purchases 4,467 Shares
On July 3, 2026, Nvidia Corp. (NASDAQ: NVDA) shares climbed 1.39% after a new regulatory filing revealed that Pacific Sage Partners increased its stake by purchasing 4,467 additional shares. The latest investment adds to the steady flow of institutional buying in the AI chipmaker, which remains one of the market’s most closely followed technology companies….
Alibaba to Ban Claude Code in Workplace Over Alleged Backdoor Security Risks, Report Says
Alibaba will ban employees from using Anthropic’s Claude Code starting July 10, 2026. Reuters reported the move Thursday, citing a source familiar with the decision. The ban stems from alleged security risks involving embedded backdoors in the coding tool. Chinese financial outlet Yicai first reported the story earlier this week. Alibaba shares fell 0.7% on…
Stock Market Today: Gift Nifty Hints at Positive Start; Top 8 Stocks to Buy for Day Trading on July 3
Indian markets look set for a positive start on July 3, 2026. Gift Nifty trades at 24,355, up 92.5 points or 0.80% in early trade. This places Nifty futures near 24,270, above Nifty 50’s previous close of 24,257.50. Market cues indicate the domestic market is likely to open with a gap up. Day traders are…
Goldman’s Garrett Warns Investors Are Reducing Exposure to Mag 7 Stocks
Brian Garrett, head of equity execution on Goldman Sachs’s Cross Asset Sales desk, has been flagging the same signal for months, and the data behind it is now impossible to ignore. Goldman’s prime brokerage desk shows clients unwinding gross positions into all-time highs, with the largest weekly gross unwinding in seven months. Simultaneously, Goldman’s analysis…