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Alibaba (9988.HK) Surges 12% on Cloud Revenue Growth Forecast—July 9
Alibaba (9988.HK) surged 12.2% to HK$107.5 on July 8 after reports of 45% Alibaba Cloud revenue growth forecast and improved Taobao Flash Sale efficiency, lifting the Hang Seng Tech Index 5%.
Rocket Lab Stock Jumps on $8B Iridium Deal and Morgan Stanley Bull Case—July 8
Rocket Lab to buy Iridium for $8B. Morgan Stanley sets bull target at $293. RKLB stock down 17% this week but up 115% over 12 months. Deal closes mid-2027.
Bitcoin Falls 3% to $61,480 as Trump Declares Iran Ceasefire ‘Over’
Bitcoin dropped more than 3% to $61,480 on July 8 after Trump declared the Iran ceasefire ended and threatened new strikes, rattling crypto and stock markets amid renewed geopolitical tension.
Western Sydney Airport Bans Private Jets as It Opens October 25, 2026
Western Sydney International Airport bans private jets from Bombardier and Gulfstream on opening October 25, 2026. Mining billionaire Gina Rinehart and Pauline Hanson affected. Airport powered by 100% renewable energy.
SGH and NHG Health Warn of Fake Product Ads on TikTok—July 9
SGH and NHG Health warn of fake TikTok ads featuring impostors in hospital uniforms promoting unapproved health products. Both institutions deny association and urge caution.
Taiwan Index Rallies More Than 330 Points as TSMC, Hon Hai, and MediaTek Advance
The Taiwan Index gained more than 330 points as investors returned to technology stocks. Buying activity picked up across leading chipmakers and electronics companies, improving overall market sentiment. Strong advances in TSMC, Hon Hai, and MediaTek helped push the broader market higher. The latest rise in the Taiwan Index also reflected stronger confidence in artificial…
Intel Stock Bounces 5.3% on HSBC $200 Price Target—July 8
Intel stock surged 5.3% after HSBC raised its price target to $200 on strong AI CPU demand and 30% shipment growth forecast. Meyka rates INTC a B-hold with $45.62 yearly target.
Lenovo Hits 90% Renewable Energy Milestone on July 8, 2026
Lenovo achieves 90% renewable energy in global operations, up from lower levels in prior years. Company remains on track for 2050 net-zero emissions target validated by Science Based Targets initiative.
EPFO System Upgrade Complete: Rs 1.44 Lakh Crore Interest by July 15
EPFO’s new centralised portal goes live July 8. Rs 1.44 lakh crore interest at 8.25% credited by July 15 to 34 crore accounts. Faster claims, automated pre-validation, and unified dashboard now available.