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SK Hynix Jumps 13% in Record $26.5B US Nasdaq Debut on July 10
SK Hynix raises $26.5B in record US IPO, jumps 13% on first day. Memory chip demand from AI boom drives historic debut, largest foreign listing ever.
SpaceX Update: SpaceX Stock Jumps 2.63% After IPO as Tesla Faces Fresh Investor Questions
SpaceX stock climbed 2.63% to close at $152.16 on July 9, 2026. The gain follows a volatile month since SpaceX’s record-breaking Nasdaq debut on June 12. SpaceX shares had touched an all-time low of $145.20 just a day earlier, on July 8. Meanwhile, Tesla investors face fresh questions as merger speculation between the two Elon…
Nanya Bets Big on AI With $6.2 Billion Semiconductor Investment for 2027
On July 10, 2026, Taiwan-based Nanya Technology announced plans to invest more than T$200 billion (around US$6.2 billion) in semiconductor production during 2027. The decision reflects the company’s confidence in the expanding AI market. Demand for AI servers and high-performance memory chips continues to increase, prompting chipmakers to add manufacturing capacity. Nanya’s latest investment could…
China Shoe Factory Fire Kills 28 in Fujian; Xi Orders Accountability
Fire at Huiteng shoe factory in Jinjiang, Fujian kills 28 workers. 213 evacuated, factory owner detained. Xi Jinping demands investigation and accountability for China’s deadliest industrial fire in years.
Apple Inc. Stock Up 0.90% After Broadcom Supply Deal as Hedgeye Predicts 23% Downside
Apple Inc. shares rose 0.90% to around $316.21 on July 10, 2026. The gain follows a new $30 billion supply agreement with Broadcom announced July 8. Apple Inc. stock now trades near its 52-week high of $317.40. Yet Hedgeye issued a short call on July 9, forecasting a possible 23% decline. The mixed signals leave…
ASX Shares Rise as BHP Group Gains Almost 3% and Rio Tinto Surges 3%, Sigma Healthcare Slips 2%
On July 10, 2026, Australian shares moved higher as mining stocks led the market. The ASX 200 received a strong boost after BHP Group and Rio Tinto climbed almost 3%, supported by firmer commodity prices and better global market sentiment. At the same time, Sigma Healthcare dropped about 2%, making it one of the weaker…
Google Play Store Faces Major UK Court Twist Ahead of £1 Billion Trial
Google’s Play Store is heading into an 11-week UK trial this autumn, and a new disclosure ruling has just reshaped the fight. The Competition Appeal Tribunal gave Google access to material that could carry “profound consequences” for a £1 billion claim, just two months before the case opens. Thousands of UK app developers and millions…
Luc Poirier Buys Goodyear Plant Site for $29.5M in Valleyfield
Luc Poirier buys Goodyear plant site in Valleyfield for $29.5M. Plans mixed-use development with commercial, industrial, and residential phases on 6.7M sq ft property.
Volkswagen Slashes 50% of Models, Cuts 100,000 Jobs by 2030—July 10
Volkswagen plans to cut 50% of models and slash 100,000 jobs by 2030 as CEO Oliver Blume unveils radical restructuring. Production capacity falls from 10M to 9M vehicles annually.