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Rentokil (LON: RTO) Plunges 17% Despite Q2 Earnings Beat as Slowing U.S. Pest Demand Weighs on Outlook
📅 2 hours ago

Rentokil (LON: RTO) Plunges 17% Despite Q2 Earnings Beat as Slowing U.S. Pest Demand Weighs on Outlook

Rentokil Initial shares plunged 17.1% on Thursday, July 30, 2026, despite beating quarterly profit estimates. Shares fell to 367.5 pence, their lowest level since September 29, 2025. The pest control giant reported second-quarter adjusted profit before tax of $459 million, ahead of the $442.7 million consensus.  Yet weakening North American residential demand overshadowed the beat…

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Japan and South Korea Stocks Diverge as Nikkei 225 Jumps 0.93%, KOSPI Falls 1.10%, SK Hynix Slides Over 6%
📅 9 hours ago

Japan and South Korea Stocks Diverge as Nikkei 225 Jumps 0.93%, KOSPI Falls 1.10%, SK Hynix Slides Over 6%

Asian markets split sharply on Thursday, July 30, 2026, after two brutal days of chip-stock selling. The Nikkei 225 rebounded 0.93% to 62,003.09, recovering some of Wednesday’s losses. South Korea’s KOSPI fell 1.10%, dragged lower by SK Hynix’s 6.50% slide. Regulators moved to cap leveraged ETF exposure amid intensifying volatility concerns across the region. Nikkei…

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Iran Launches Ballistic Missiles at U.S. Base in Jordan; Trump Vows Retaliation
📅 1 day ago

Iran Launches Ballistic Missiles at U.S. Base in Jordan; Trump Vows Retaliation

Iran launched ballistic missiles at a U.S. base in Jordan on July 28, 2026, breaking a ceasefire. All missiles were intercepted. President Trump said the U.S. will retaliate with heavy strikes.

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Korean Stocks Tumble as SK Hynix Drops Almost 20%, AI Chip Rally Loses Steam
📅 1 day ago

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…

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US and Saudi Forces Strike Iran-Backed Militias in Iraq on July 29
📅 1 day ago

US and Saudi Forces Strike Iran-Backed Militias in Iraq on July 29

US and Saudi warplanes struck Iran-backed militias in Iraq on July 29, killing 20, after Iran launched surprise missile attacks and militants targeted oil facilities. Brent crude rose to $88 a barrel.

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USDA Issues Class I Recall of 12,036 Pounds of Maple Leaf Bacon on July 29
📅 1 day ago

USDA Issues Class I Recall of 12,036 Pounds of Maple Leaf Bacon on July 29

USDA recalls 12,036 pounds of Maple Leaf Foods bacon imported from Canada for bypassing mandatory US import reinspection. Affected products sold in Idaho, Oregon, and Washington.

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SK Hynix Quarterly Profit Jumps 557% but Falls Short of Market Expectations
📅 1 day ago

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…

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Vanguard Quietly Builds Nearly $1 Billion Strategy Stake Despite Bitcoin ETF Stance
📅 2 days ago

Vanguard Quietly Builds Nearly $1 Billion Strategy Stake Despite Bitcoin ETF Stance

Vanguard has increased its stake in Strategy Inc by $50 million, pushing its holding close to $1 billion. The asset manager now holds roughly 10.5 million shares of the Bitcoin treasury company. This comes despite Vanguard’s long-standing refusal to offer spot Bitcoin ETFs on its brokerage platform. The firm’s exposure stems from passive index tracking,…

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RBA Rate Hike Odds Jump to 35% as Unemployment Stays Low on July 28
📅 2 days ago

RBA Rate Hike Odds Jump to 35% as Unemployment Stays Low on July 28

RBA rate hike odds surge to 35% following strong June jobs data. Markets now price in potential 4.6% cash rate by December 2026, highest since 2011. Mortgage holders face potential triple blow from rates, inflation, and oil prices.

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