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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.
Bombay High Court: Mumbai Flooding Is Citizens’ Fault Too, Not Just BMC—July 8
Bombay High Court says Mumbai’s monsoon flooding results from both civic failures and citizens’ actions: encroachments, clogged drains, and misuse of public spaces.
Apple (NASDAQ: AAPL) Expands Broadcom (NASDAQ: AVGO) Partnership With $1.5 Billion Colorado Manufacturing Investment
Introduction Apple has expanded its long-standing partnership with Broadcom through a multiyear semiconductor agreement expected to exceed $30 billion, marking one of the company’s largest domestic manufacturing commitments. Announced on July 8, 2026, the deal includes a $1.5 billion expansion of Broadcom’s manufacturing facility in Fort Collins, Colorado, strengthening U.S.-based chip production and supply chain…
Oil Market News: WTI Tops $72 While Brent Hits $74 on Iran Oil Concerns
The Oil Market gained ground as traders responded to fresh concerns over possible disruptions to Iranian crude exports. West Texas Intermediate (WTI) rose above $72 per barrel, while Brent crude traded at $74 per barrel. Prices moved higher as investors balanced geopolitical tensions with steady global demand and expectations for future supply. With uncertainty still…
Taiwan Index Rallies More Than 330 Points as TSMC, Hon Hai, and MediaTek Advance
The Taiwan Index gained more than 330 points as investors returned to technology stocks. Buying activity picked up across leading chipmakers and electronics companies, improving overall market sentiment. Strong advances in TSMC, Hon Hai, and MediaTek helped push the broader market higher. The latest rise in the Taiwan Index also reflected stronger confidence in artificial…
Apple Commits $30B to Broadcom for US Chip Production—July 8
Apple commits $30 billion to Broadcom for US chip production through 2031, including a $1.5 billion Colorado factory expansion to produce 15 billion chips domestically.
Lenovo Hits 90% Renewable Energy Milestone on July 8, 2026
Lenovo achieves 90% renewable energy in global operations, up from lower levels in prior years. Company remains on track for 2050 net-zero emissions target validated by Science Based Targets initiative.
Apple (NASDAQ: AAPL) Loses EU Court Challenge as Digital Markets Act Gatekeeper Rules Stand
Apple lost its legal fight against the EU’s Digital Markets Act on July 8, 2026. The General Court in Luxembourg dismissed all three of Apple’s legal challenges. Judges confirmed Apple’s App Store and iOS remain classified as “gatekeeper” services. That designation forces Apple to open its ecosystem to greater competition. The ruling arrives just one…