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AI Boom Fuels $27 Trillion Market Surge, Raising Fears of a Historic Tech Bubble
The artificial intelligence (AI) boom has become the dominant force behind global equity markets. Since November 2022, AI-related companies have added approximately $27 trillion in market value, according to Goldman Sachs Research. That increase equals roughly 36% of the entire U.S. stock market’s value, making AI the biggest driver of Wall Street gains over the…
Nasdaq Futures Jump 1.3% as Nvidia (NASDAQ: NVDA) and Chip Stocks Fuel Market Optimism
Nasdaq futures climbed 1.3% on July 21, 2026, pointing to a stronger start for U.S. markets after a volatile session. Nvidia (NASDAQ: NVDA) and other semiconductor stocks led the gains as investors returned to AI-focused companies ahead of a busy week of Big Tech earnings. Expectations for continued demand for AI chips, along with fresh…
Revolut Wins Australian Banking Licence, Commits A$400M to Challenge Big Four
Revolut wins APRA banking licence in Australia, launches Revolut Bank Australia with savings rates up to 5.05% p.a. and A$400M investment commitment to compete with Big Four banks.
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…
BAWAG Group (VIE: BAWG) Q2 Profit Jumps 21% as Bank Reaffirms 2026 Outlook Ahead of PTSB Acquisition
BAWAG Group reported strong second-quarter results on July 21, 2026, with net profit rising 21% year over year to €255 million. The increase came from healthy lending activity and disciplined cost management. The Austrian bank also reaffirmed its full-year 2026 outlook, showing confidence even as it moves ahead with its planned acquisition of Ireland’s Permanent…
Wall Street Rallies on Chip Recovery as Megacap Earnings Loom, July 21
US stock futures rise as chip stocks recover and megacap earnings approach. Nasdaq futures up 1.3%, S&P 500 up 0.4%. Investors watch for AI spending signals amid Iran tensions and Canadian tariffs.
SEPC (NSE: SEPC) Shares Surge 13% After Winning ₹673 Crore SAIL Crude Steel Expansion Project
SEPC (NSE: SEPC) came into focus after winning a ₹673.32 crore contract from Steel Authority of India Limited (SAIL) for the 4.08 MTPA crude steel expansion project at the IISCO Steel Plant in Burnpur. The company announced the order on June 15, 2026, and the news sent SEPC shares up nearly 13%. The contract adds…
Ethereum Price Jumps as $22.4 Million Whale Long Position and ETF Inflows Fuel Bullish Momentum
Ethereum climbed to $1,903.14 on July 21, 2026, up 2.07% over 24 hours. The rally follows a $22.4 million whale rotation into leveraged long positions this week. Spot Ethereum ETFs also pulled in $105 million in net inflows between July 13 and 17. That inflow figure outpaced Bitcoin’s spot ETF haul of $75.67 million during…
Cement (NSE: ULTRACEMCO) Shares Rise 2% as Q1 FY27 Profit Jumps 17% to ₹2,599 Crore UltraTech
UltraTech Cement shares extended gains for a second straight session on July 21, 2026. The stock traded at ₹12,039.65 on the BSE, up 1.19% intraday. That followed a 1.35% rise to ₹11,880 on results day itself. Combined, shares have climbed close to 2% since UltraTech posted its Q1 FY27 numbers. Consolidated net profit jumped 16.8%…