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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.
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.
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.
Joshua Wong to Face Second National Security Sentencing on September 2
Joshua Wong, Hong Kong’s prominent pro-democracy activist, will plead guilty to foreign collusion charges on September 2, 2026, facing a second national security conviction that could add years to his current prison term.
Heizungsgesetz verzögert sich: Koalition wartet auf Karlsruhe-Entscheidung
Das neue Heizungsgesetz wird nicht vor der Sommerpause beschlossen. Die Koalition wartet auf die Karlsruhe-Entscheidung zur Linke-Klage. Förderungen werden gekürzt.
British Columbia Sues OpenAI Over Tumbler Ridge Shooting on July 8
British Columbia is suing OpenAI over its failure to alert police about violent ChatGPT messages from the Tumbler Ridge shooter. The province seeks to recover costs including a new school.
Polymarket Iran Deal Ruling Sparks Lawsuit: Traders Lost 100,000 Shekels
Polymarket traders who lost significant sums are challenging the platform’s Iran deal resolution, claiming structural flaws allow outcomes to be decided contrary to written rules and factual reality.
Standard Chartered Signs Fraud Detection Deal With Taiwan Prosecutors on July 8
Standard Chartered partners with Taiwan prosecutors to combat fraud using data analysis. Bank blocked 190 cases worth TWD 120 million in 2.5 years.
Lim Tean Ordered to Jail on July 20 After Court Rejects Appeal
Lim Tean, lawyer and opposition politician, must surrender on July 20 to serve three months and one week jail for practising law without a valid certificate. Court of Appeal rejected his appeal on July 6.