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Air Canada Names Anko Van der Werff as New CEO on July 8, 2026
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Air Canada Names Anko Van der Werff as New CEO on July 8, 2026

Air Canada names Anko Van der Werff, Scandinavian Airlines CEO with 25 years of aviation experience and fluency in French, as new leader starting January 2027.

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Alibaba (9988.HK) Surges 12% on Cloud Revenue Growth Forecast—July 9
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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%.

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Rocket Lab Stock Jumps on $8B Iridium Deal and Morgan Stanley Bull Case—July 8
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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.

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Euro Falls to 1.1425 as Middle East Tensions Spike Oil Prices—July 8
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Euro Falls to 1.1425 as Middle East Tensions Spike Oil Prices—July 8

EUR/USD drops to 1.1425 on July 8 as Middle East escalation drives oil to $76.50/barrel and investors flee to safety. ECB rate hike hopes fade amid energy shock.

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Bank of Canada Holds Rates at 2.25% Ahead of July 15 Decision
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Bank of Canada Holds Rates at 2.25% Ahead of July 15 Decision

Bank of Canada holds key rate at 2.25% as it faces conflicting economic signals. Rate decision expected July 15 amid Middle East tensions and trade uncertainty.

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Bombardier Stock Gains as NATO Picks GlobalEye for $4.5B Deal
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Bombardier Stock Gains as NATO Picks GlobalEye for $4.5B Deal

NATO selects Saab GlobalEye aircraft built on Bombardier Global 6500 jets for up to $4.5 billion deal. Bombardier stock gains on major defence contract validation.

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Jim Cramer’s July 8 Stock Picks: 5 Buys in Market Rotation
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Jim Cramer’s July 8 Stock Picks: 5 Buys in Market Rotation

Jim Cramer identifies PepsiCo, Caterpillar, Intel, and GE Vernova as buys after market rotation. He says institutional selling has created discounts in quality stocks ahead of earnings and infrastructure buildout.

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Bitcoin Falls 3% to $61,480 as Trump Declares Iran Ceasefire ‘Over’
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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.

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KOSPI Enters Bear Market on July 8 as Samsung Tumbles 20%
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KOSPI Enters Bear Market on July 8 as Samsung Tumbles 20%

KOSPI enters bear market after 20% fall from peak. Samsung drops 4% despite 19-fold profit surge. AI spending fears and Middle East tensions weigh on South Korean stocks.

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