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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…
Hyundai Motor (KRX: 005380) Takes Full Control of Boston Dynamics in Deal Valued at About $325 Million
On July 16, 2026, Hyundai Motor Group announced that it will buy SoftBank’s remaining stake in Boston Dynamics for about $325 million, giving it full ownership of the robotics company. The deal reflects Hyundai’s continued investment in artificial intelligence, humanoid robots, and smart manufacturing. As more companies compete to develop advanced robotics, Hyundai is expanding…
Nvidia (NASDAQ: NVDA) Partners With Fanuc and Yaskawa to Accelerate AI-Powered Robotics Development
Nvidia confirmed Thursday, July 16, 2026, that it’s partnering with Japanese robotics giants Fanuc and Yaskawa Electric to accelerate AI-powered robotics development. CEO Jensen Huang announced at a media event in Tokyo, framing physical AI as the technology’s next major frontier. The move expands Nvidia’s Cosmos Coalition, a growing alliance built around its robotics software…
Hardee’s Franchisee Files Chapter 11 as 59 Stores Face Closure Risk
Hardee’s franchisee Superior Star files Chapter 11 bankruptcy on July 9, putting 59 stores at risk across 10 states due to a $7.04 million seller financing dispute and hidden liabilities from its 2023 acquisition.
IBM Shares Crash 25% on July 14 as AI Spending Reshapes Enterprise Budgets
IBM stock crashed 25% after preannouncing Q2 results that missed estimates. Revenue came in at $17.2 billion versus $17.86 billion expected, as customers redirected spending to AI infrastructure.
Nvidia Corp (NVDA) Rises 4.06% as Mizuho Financial Group Partners With Chipmaker to Build In-House AI Platform
Nvidia Corp shares climbed 4.06% on July 15, 2026, closing near $211.80. The rally followed news that Mizuho Financial Group will partner with Nvidia Corp to build an in-house AI platform. The Japanese banking giant aims to protect sensitive customer data by avoiding external AI tools. Nvidia’s market capitalization now sits near $5.13 trillion. This…
Ather Energy (NSE: ATHERENERG) Shares Jump 10% to 52-Week High After Hero MotoCorp’s ₹1,000 Crore Investment Plan
Ather Energy shares climbed nearly 10% on July 15, 2026, touching a new 52-week high after Hero MotoCorp approved an investment of up to ₹1,000 crore in the electric scooter manufacturer. The announcement drew strong buying interest and added to investor confidence in India’s expanding electric vehicle market. Market participants are now watching whether the…
IBM Shares Plunge 25.21% After Customers Rush Hardware Orders Ahead of Price Hikes
IBM shares crashed 25.21% on July 14, 2026, marking the stock’s worst single-day drop since 1968. The selloff followed a preliminary Q2 earnings warning. IBM posted adjusted EPS of $2.93, missing the $3.01 consensus estimate. Revenue came in at $17.2 billion, below the $17.86 billion analysts expected. CEO Arvind Krishna blamed a sudden capital expenditure…
Mowi (OSE: MOWI) Shares Rise 3.4% as Q2 Salmon Harvest Tops Guidance and EBIT Climbs 23%
Mowi shares rose 3.4% Wednesday after the salmon farmer’s Q2 trading update beat expectations. Mowi reported operational EBIT of EUR 231 million, up 23% from EUR 189 million. The company harvested 150,000 tonnes during the quarter, a record for any second quarter. That volume topped Mowi’s own guidance of 140,000 tonnes by a wide margin. …