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Bank Index Falls 1.5% as HDFC Bank, Axis Bank Lead Market Sell-Off Following Q1 Results
Bank stocks dragged Indian benchmark indices lower on July 20, 2026. The Nifty 50 slipped below 24,200, while the Sensex fell over 600 points intraday. HDFC and Axis Bank led the decline after mixed Q1 FY27 earnings. Axis Bank shares slid nearly 5% on weak net interest income growth. Rising Brent crude above $90 a…
Tech Stock: SpaceX Shares Retreat to $126 by July 17 After Jumping 19% on IPO Debut
On 17 July 2026, SpaceX shares traded near $126, giving back a large part of the gains made after the company’s much-anticipated IPO. The stock had climbed 19% on its first day of trading and quickly became one of the market’s most closely watched listings. Since then, investor sentiment has shifted from tech stocks, and…
SpaceX Slides Below IPO Price as Lock-Up Expiry Looms, July 20
SpaceX (SPCX) trades at $123, down 45% from peak. Lock-up expiry and Starship delays fuel sell-off. Analysts target $237.78 but valuation concerns persist.
Dollar Tree Closes 75 Stores, Admits Thousands Are ‘Substandard’
Dollar Tree plans to close 75 stores in 2026 while opening 400 new locations. CEO says less than one-third of stores still miss internal standards, down from 42% earlier in the year.
Australians Under 60 Turn to Reverse Mortgages for Early Retirement, July 19
Over 40,000 Australians now hold reverse mortgages as younger homeowners tap home equity to retire early. Demand surged 8,000 new mortgages in the past year, with interest rates reaching 8 percent.
Apple Raises iPhone Prices in Japan by Up to 11% on July 18
Apple raised iPhone prices in Japan by up to 11.3% on July 18 due to yen depreciation. iPhone 17 Pro Max jumped ¥20,000 to ¥214,800. The move comes as memory costs squeeze margins globally.
Swatch Moonswatch Gold Edition Launches July 16: CHF 500 for 1,969 Pieces
Swatch launches Mission to the Moon 1969 MoonSwatch with 11 grams of 18K gold from Apollo era parts. Limited to 1,969 pieces at CHF 500. Requires application approval.
SpaceX Stock Crashes Below IPO Price as Rinehart’s A$700m Gain Evaporates
SpaceX shares dropped below their US$135 IPO price, erasing US$903 billion in value. Australian billionaire Gina Rinehart’s estimated A$700m profit from the June listing has been wiped out.
Netflix (NASDAQ: NFLX) Stock Slides 9% as Q3 Revenue and EPS Forecast Miss Wall Street Estimates
Netflix stock slid roughly 9% Thursday after its Q3 forecast missed on two fronts. The company guided Q3 earnings per share to $0.82, below the $0.84 estimate. Netflix also projected Q3 revenue of $12.86 billion, short of the $13 billion consensus. That combined miss overshadowed a mostly in-line second quarter for Netflix. Q2 revenue reached…