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Adidas (ETR: ADSGn) Plunges 17% After Q2 Profit Misses Estimates Despite Record €6.74B Sales
Adidas shares plunged as much as 17.5% Thursday, its steepest drop in six years. The German sportswear maker posted record Q2 revenue of €6.74 billion. That figure beat estimates despite Adidas missing badly on operating profit. Operating profit rose just 5.1% to €574 million, below the €615.6 million forecast. Heavy marketing spending tied to the…
Juniper Green Energy IPO Opens Today at ₹214–225 Price Band; GMP at ₹17 Signals 8% Listing Premium
Juniper Green Energy IPO opened for subscription on Thursday, July 30, 2026. The ₹1,800 crore issue is priced between ₹214 and ₹225 per share. Grey Market Premium stands at ₹17, suggesting a listing gain of roughly 7% to 8%. The renewable energy IPP will remain open for bidding until August 3, 2026. Juniper Green Energy…
Should You Apply for Xtranet Technologies IPO? Day 3 GMP and Subscription Analysis
Xtranet Technologies IPO closes today, July 27, 2026, its third and final subscription day. The issue has been subscribed 2.88 times as of Day 3 morning. That’s a sharp jump from 1.07 times on Day 1 and 1.49 times on Day 2. Grey market premium, however, has fallen to just ₹6 per share today. That…
Lohia Corp IPO Today: Issue 59% Subscribed as Grey Market Premium Remains Muted
Lohia Corp IPO subscription reached 0.59 times by the close of Day 2, July 24, 2026. The ₹1,101.28 crore issue saw bidding continue through the final day, July 27. Grey Market Premium stood at just ₹7 today, signaling a modest 1.65% listing gain estimate. Retail investors led demand throughout the bidding period for this mainboard…
Indo MIM IPO Opens July 23: Price Band, GMP, Allotment Date and Key Details
Indo MIM IPO opens for subscription on July 23, 2026, and closes on July 27, 2026. The price band is set at ₹461 to ₹485 per share. The mainboard issue aims to raise ₹3,811.21 crore through a fresh issue and an offer for sale. Indo MIM’s grey market premium stood at ₹200 as of July…
Toronto Ranks World’s Most Polluted City as Wildfire Smoke Chokes Ontario on July 15
Toronto hit worst air quality globally as wildfire smoke from northwestern Ontario creates orange haze. Environment Canada warns of health risks through Friday morning.
Elon Musk’s Wealth Sinks Under $900 Billion After SpaceX Stock Drops Below $140
The estimated net worth of Elon Musk has fallen below $900 billion after SpaceX shares dropped under $140 in July 2026. It is one of the steepest declines the company has seen since its IPO in June. The sell-off wiped billions from Musk’s fortune within days and raised fresh questions about high valuations across the…
Freedom Fuel Network Offers $3.47 Gas in PA and NJ, but Profitability Questions Mount
Trump-backed Freedom Fuel Network sells gas at $3.47 per gallon across 25 stations in PA and NJ. Industry experts say the stations could lose over $250,000 monthly at current prices.
SpaceX Stock Falls 26% From Peak as Wall Street Weighs IPO Reality
SpaceX stock dropped 26% from its post-IPO high to $148 after Nasdaq-100 inclusion. Morgan Stanley targets $300, but history shows mega-IPOs average 23% drawdowns in first year.