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Kusumgar IPO Closes July 10: 6.31x Subscribed, ₹160 GMP—What Investors Need to Know
Kusumgar IPO closes 6.31x oversubscribed with ₹160 grey market premium. Price band ₹398–₹419. Listing July 15 on NSE and BSE. Check subscription status and key dates.
OpenAI Launches GPT-5.6, Next-Generation AI Model Built for Enterprise-Scale Intelligence and Performance
GPT-5.6 has arrived as OpenAI’s newest enterprise-scale AI model family, and the launch signals a sharper race in advanced workplace intelligence. OpenAI introduced three tiers: Sol, Terra, and Luna. Sol leads as the flagship model, Terra targets balanced daily work, and Luna focuses on lower-cost performance. The rollout began globally today across ChatGPT, Codex, and…
Vedanta Power Shares Fall 3% Despite 38% Q1 Sales Jump—July 09
Vedanta Power Q1 sales jumped 38% to 5,225 MU driven by Meenakshi Energy’s 245% growth, but shares fell 2.8% to Rs 44.45 as brokerages debate valuation.
Dow Jones Falls 1.5% on July 8 as Iran Tensions Push Oil Above $80
Dow Jones fell 1.5% on July 8 as Trump ended Iran ceasefire, oil jumped to $80, and the IMF cut global growth forecasts to 3% amid geopolitical risks and inflation pressure.
FTSE 100 Falls 1.9% on July 9 as Iran Tensions Spike Oil
FTSE 100 falls 1.9% on July 9 as Trump ends Iran ceasefire deal. Oil jumps 8%, energy stocks rise, but AstraZeneca slump weighs on index.
DAX Falls 1.7% on July 9 as Iran Escalation Shakes European Markets
DAX drops 1.7% to 25,036 on July 9 as Trump ends Iran ceasefire and U.S. launches strikes. Oil surges 5%, dragging down German tech and industrial stocks amid Middle East escalation.
Apple Supplier Luxshare (SZSE: 002475) Falls 9.6% After HK$24.27 Billion Hong Kong IPO Debut
Luxshare Precision Industry, one of Apple’s largest suppliers, got off to a disappointing start on the Hong Kong Stock Exchange despite completing the city’s biggest IPO of 2026. On 9 July 2026, the company raised HK$24.27 billion, but its shares dropped as much as 9.6% on the first day of trading. The sharp decline caught…
Wall Street Today: S&P 500 Futures Gain 0.3%, Nasdaq Futures Climb 0.5% Despite Ongoing U.S.-Iran Tensions
On July 9, 2026, Wall Street futures edged higher even as investors continued to monitor tensions between the United States and Iran. S&P 500 futures rose 0.3%, while Nasdaq futures added 0.5%, suggesting that confidence was returning after recent market swings. Traders are now balancing geopolitical risks with expectations for corporate earnings and upcoming Federal…
Cerebras Claims Up to 10x Faster AI Inference as GPT-5.6 Sol Reportedly Reaches 750 Tokens Per Second
On 9 July 2026, AI hardware company Cerebras said its systems can deliver up to 10 times faster AI inference. Reports also suggest GPT-5.6 Sol can generate responses at speeds of 750 tokens per second when running on the company’s platform. The announcement comes as businesses look for faster AI across coding tools, enterprise software,…