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Apple Upgrade Launches July 29: iPhone Leasing Starts at $17.99/Month
Apple launches Apple Upgrade program with Klarna, letting U.S. customers lease iPhones for $17.99/month for 12 or 24 months. Program replaces old iPhone Upgrade plan and includes Macs, iPads, and Apple Watches.
Korean Stocks Tumble as SK Hynix Drops Almost 20%, AI Chip Rally Loses Steam
On July 29, 2026, Korean stocks came under heavy selling pressure after SK Hynix shares fell nearly 20%, erasing a large part of this year’s AI-driven gains. The decline came despite the chipmaker reporting record revenue and a sharp rise in quarterly profit. Investors had expected even stronger results, and the market responded quickly. The…
US Stock Market: Nasdaq Futures Slip as KOSPI Plunges Nearly 6%, S&P 500 Futures Rise 0.2%
Stock Market futures showed a split reaction Wednesday, July 29, 2026, as Asian chip stocks tumbled. South Korea’s KOSPI plunged nearly 6%, dragged down by a disappointing SK Hynix earnings report. S&P 500 futures edged up 0.2%, while Nasdaq-100 futures slipped slightly. Iran’s resumed attacks on regional targets also lifted oil prices overnight. KOSPI Plunges…
SK Hynix Quarterly Profit Jumps 557% but Falls Short of Market Expectations
On July 29, 2026, SK Hynix reported a 557% increase in quarterly operating profit, helped by strong demand for high-bandwidth memory (HBM) chips used in artificial intelligence (AI) systems. The company also recorded its highest-ever quarterly revenue, reflecting continued growth in AI-driven memory demand. Even so, the results came in below market expectations, and the…
Apple Upgrade: Apple and Klarna Introduce New Leasing Program in the US
Apple launched Apple Upgrade in the United States on July 28, 2026, giving customers a new way to lease iPhones, Macs, iPads, and Apple Watches through Klarna. Instead of paying the full price upfront, eligible buyers can spread the cost with monthly payments and switch to newer devices more easily. The move comes as Apple…
Nikkei 225 Closes at Two-Month Low After 1.91% Decline in Tech Shares
On July 29, 2026, Japan’s Nikkei 225 dropped 1.91% to its lowest close in more than two months as technology stocks drove a broad market decline. Semiconductor and AI-related companies came under heavy selling pressure after weak global market sentiment hurt investor confidence. The selloff has raised fresh questions about whether Japan’s recent stock market…
Canada Removes Passport Renewal Cap on July 28: What You Need to Know
Canada removes the 2,000-per-day cap on online passport renewals effective July 28, 2026. Eligible adults can now renew online anytime. Here’s what changed and who qualifies.
Dow Jumps 537 Points as Oil Slides, Chip Stocks Plunge
Dow Jones climbed 537 points to 52,747 on July 27 as oil prices fell and investors rotated away from chip stocks. Nasdaq fell 0.22% as semiconductor ETF SMH dropped 3%.
Tim Hortons Launches Harry Potter Menu Aug. 12 Amid Backlash Over Rowling
Tim Hortons launches Harry Potter menu Aug. 12 with Hogwarts house donuts, magical drinks, and collectibles. The promotion faces criticism over author J.K. Rowling’s transgender rights statements.