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Wall Street Ends Volatile Week Mixed as Oil Retreats, Tariffs Loom July 25
S&P 500 flat, Nasdaq down 0.6% Friday as Brent crude drops 4% to $96, Trump tariffs hit 10-12.5%, and Fed rate hike odds jump to 30% next week.
Australia’s New Super Tax Hits High Earners From July 1: What Retirees Need to Know
Australia’s new Division 296 superannuation tax from July 1, 2026 hits high-balance retirees with 30-40% rates. Affects 90,000 people with balances over $3 million. Capital gains tax and negative gearing changes also take effect July 2027.
Apar Industries (NSE: APARINDS) Shares Jump 9% After Q1 Profit Soars 78% on Strong Revenue Growth
Apar Industries (NSE: APARINDS) shares climbed nearly 9% on July 24, 2026, after the company posted strong financial results for the first quarter of FY27. Net profit rose 78% from a year earlier, while revenue recorded healthy double-digit growth on the back of solid demand across its core businesses. The results lifted investor sentiment even…
Intel (NASDAQ: INTC) Stock Jumps 6% as Strong Forecasts Signal AI-Driven Turnaround
Intel stock surged as much as 6% in after-hours trading Thursday, July 23, 2026. The jump followed second-quarter results that crushed Wall Street estimates. Revenue hit $16.1 billion, up 25% year-over-year, the fastest growth since 2011. Adjusted EPS came in at 42 cents versus the 21 cents analysts expected. Strong third-quarter guidance added further fuel…
Volkswagen Profit Falls 33% as China Competition Intensifies
Volkswagen reported a sharp drop in earnings on July 24, 2026, as tougher competition in China continued to weigh on its business. The German automaker said profit fell 33%, driven by weaker vehicle sales, intense price competition, and growing pressure from local electric vehicle (EV) manufacturers. The latest results also led Volkswagen to lower its…
Intel Stock Rallies 4% on Q2 Earnings Beat, AI Demand Surge July 24
Intel shares jump 4% after Q2 earnings beat with $16.1B revenue, 25% growth, and upbeat Q3 guidance. AI demand for server CPUs drives fastest revenue growth since 2011.
EPFO Warns Against Shifting Provident Fund Savings Into Mutual Funds
EPFO issued a clear advisory on Thursday, July 23, 2026, urging employees not to withdraw provident fund savings solely to invest in mutual funds. The retirement body stated that EPF and mutual funds serve fundamentally different financial goals. Posting on social media platform X, EPFO used the tagline “EPF is enough for the wise” to…
IndiGo Shares Fall Over 2% as Weak Q1 Earnings Weigh on Sentiment
IndiGo shares declined over 2% in early Friday trading on July 24, 2026. InterGlobe Aviation, the airline’s parent company, swung to a net loss of ₹237.6 crore in Q1 FY27. That compares sharply with a net profit of ₹2,176.3 crore in the same quarter last year. Rising fuel costs and surging crude prices above $100…
Intel Jumps 7% on Q2 Earnings Beat as AI Demand Surges
Intel stock surges after Q2 earnings beat $16.1B revenue, 25% growth. Data center revenue jumped 60% as AI demand outpaces supply. Meyka grades INTC a B-Hold.