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KOSPI Enters Bear Market: South Korea’s AI Stock Boom Cracks on July 9
📅 in about 3 hours

KOSPI Enters Bear Market: South Korea’s AI Stock Boom Cracks on July 9

KOSPI drops 20% into bear market as Samsung and SK Hynix tumble on AI spending doubts. Index still up 73% YTD but faces profit-taking after record rally.

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Apollo Micro Systems Acquires 41% of Premier Explosives for ₹1,550 Cr—July 10
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Apollo Micro Systems Acquires 41% of Premier Explosives for ₹1,550 Cr—July 10

Apollo Micro Systems acquires 41% stake in Premier Explosives for ₹1,550 crore. Deal combines defense electronics with missile propellants, creating integrated defense manufacturer.

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Kusumgar IPO Closes July 10: 6.31x Subscribed, ₹160 GMP—What Investors Need to Know
📅 in about 2 hours

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.

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Meta’s $13B Alberta Data Centre: What It Means for Investors
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Meta’s $13B Alberta Data Centre: What It Means for Investors

Meta to invest $13 billion CAD in its first Canadian data centre in Sturgeon County, Alberta. The 1-gigawatt facility will create 3,000 construction jobs and 300 permanent roles, generating $250 million annually for the province.

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Nigeria’s Fake Agency Scandal: $950K Fraud Probe Ordered—July 9
📅 38 minutes ago

Nigeria’s Fake Agency Scandal: $950K Fraud Probe Ordered—July 9

Nigeria’s president orders probe into fake agency allegedly set up in his office with $950,000 in public funds. Man accused of forgery and impersonation is in hiding.

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NVDA Stock Hits 7-Year Low Valuation After $1 Trillion Loss—July 10
📅 1 hour ago

NVDA Stock Hits 7-Year Low Valuation After $1 Trillion Loss—July 10

Nvidia stock falls to 18x forward P/E, lowest since 2019, after $1 trillion market cap loss. Bank of America rates it a Buy; 95% of analysts agree.

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Micron (NASDAQ: MU), Samsung, and SK Hynix Poised to Benefit as Memory Sales Reach Record $74.6 Billion
📅 4 hours ago

Micron (NASDAQ: MU), Samsung, and SK Hynix Poised to Benefit as Memory Sales Reach Record $74.6 Billion

Global memory chip sales hit a record $74.6 billion in May 2026, driven by explosive AI demand. Micron, Samsung Electronics, and SK Hynix control the vast majority of that market. Micron shares closed at $948.80 on July 8, 2026, up 1.11% for the day. DRAM and NAND contract prices have surged more than 50% quarter-on-quarter…

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Apple Supplier Luxshare (SZSE: 002475) Falls 9.6% After HK$24.27 Billion Hong Kong IPO Debut
📅 4 hours ago

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…

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Virgin Australia Keeps $93m in Expired Flight Credits as CEO Gains $3.1m in Shares—July 9
📅 5 hours ago

Virgin Australia Keeps $93m in Expired Flight Credits as CEO Gains $3.1m in Shares—July 9

Virgin Australia retains $93m in expired COVID flight credits as CEO gains $3.1m in shares. Customers who didn’t redeem vouchers by June 30 lose access to travel value issued during pandemic cancellations.

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