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Verizon (NYSE: VZ) to Sell 274 Stores and Cut About 3,000 Jobs in Major Restructuring
📅 in about 5 hours

Verizon (NYSE: VZ) to Sell 274 Stores and Cut About 3,000 Jobs in Major Restructuring

Verizon is reshaping its retail business with another major restructuring effort. On July 16, 2026, the U.S. wireless carrier announced plans to sell 274 company-owned retail stores and eliminate about 500 corporate positions, affecting roughly 3,000 retail and corporate employees. The store transactions will become effective on August 16, 2026, leaving Verizon with approximately 1,000…

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SBI Funds Management IPO Day 3 Updates: Check Live Subscription, Allotment Date; SBI Shares Drop 0.18%
📅 8 hours ago

SBI Funds Management IPO Day 3 Updates: Check Live Subscription, Allotment Date; SBI Shares Drop 0.18%

The SBI Funds Management IPO entered its third and final day of bidding on July 16, 2026, with strong interest from both retail and institutional investors. As the issue moves toward closing, investors are closely watching the latest subscription figures, Grey Market Premium (GMP), and the allotment schedule. Meanwhile, State Bank of India (SBI) shares…

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Nvidia Corp (NVDA) Rises 4.06% as Mizuho Financial Group Partners With Chipmaker to Build In-House AI Platform
📅 1 day ago

Nvidia Corp (NVDA) Rises 4.06% as Mizuho Financial Group Partners With Chipmaker to Build In-House AI Platform

Nvidia Corp shares climbed 4.06% on July 15, 2026, closing near $211.80. The rally followed news that Mizuho Financial Group will partner with Nvidia Corp to build an in-house AI platform. The Japanese banking giant aims to protect sensitive customer data by avoiding external AI tools. Nvidia’s market capitalization now sits near $5.13 trillion. This…

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IBM Stock Crashes 25% on July 14 as Q2 Earnings Miss Signals Budget Shift
📅 1 day ago

IBM Stock Crashes 25% on July 14 as Q2 Earnings Miss Signals Budget Shift

IBM stock crashes 25% to $217.07 after missing Q2 targets. Customers shifted capex to servers and memory amid AI demand. Dell and HPE gain as hardware demand stays strong.

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Tower Semiconductor Stock Soars 18% to $271.90 After $3 Billion Japan Investment Plan
📅 2 days ago

Tower Semiconductor Stock Soars 18% to $271.90 After $3 Billion Japan Investment Plan

Tower Semiconductor stock soared as much as 18% Tuesday to $271.90 in premarket trading. The surge followed the company’s announcement of a $3 billion Japan investment plan. Tower Semiconductor will expand its Silicon Photonics and Silicon Germanium manufacturing capacity.  The Japanese government is providing about $1 billion in grants for the project. Tower Semiconductor also…

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SoftBank Stock Hits ¥6,423 as Masayoshi Son Predicts AI Will Need $5 Trillion a Year by 2040
📅 2 days ago

SoftBank Stock Hits ¥6,423 as Masayoshi Son Predicts AI Will Need $5 Trillion a Year by 2040

On July 14, 2026, SoftBank Group shares rose to ¥6,423 after CEO Masayoshi Son shared an ambitious forecast for artificial intelligence. He said global AI development could require $5 trillion in annual investment by 2040, driven by rising demand for data centers, semiconductor manufacturing, and computing capacity. His comments renewed investor interest in SoftBank’s long-term…

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Elon Musk’s Wealth Sinks Under $900 Billion After SpaceX Stock Drops Below $140
📅 2 days ago

Elon Musk’s Wealth Sinks Under $900 Billion After SpaceX Stock Drops Below $140

The estimated net worth of Elon Musk has fallen below $900 billion after SpaceX shares dropped under $140 in July 2026. It is one of the steepest declines the company has seen since its IPO in June. The sell-off wiped billions from Musk’s fortune within days and raised fresh questions about high valuations across the…

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SBI Funds Management IPO GMP Live Today: Issue Opens at ₹545–₹574 as Grey Market Premium Jumps 17%
📅 2 days ago

SBI Funds Management IPO GMP Live Today: Issue Opens at ₹545–₹574 as Grey Market Premium Jumps 17%

SBI Funds Management IPO opened for subscription today, July 14, 2026. The issue carries a price band of ₹545 to ₹574 per share. Grey market premium for SBI Funds Management shares stood near ₹97, roughly 17% above the upper band. This signals healthy demand ahead of the three-day bidding window, which closes July 16, 2026….

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Market Today: Sensex Near 77,600, Nifty Above 24,100; Tata Elxsi, HCL Tech, SBI, BEL & Grasim Industries in Focus
📅 2 days ago

Market Today: Sensex Near 77,600, Nifty Above 24,100; Tata Elxsi, HCL Tech, SBI, BEL & Grasim Industries in Focus

Sensex and Nifty extended their gradual uptrend on Tuesday, July 14, 2026. The Sensex closed 47.01 points higher at 77,616.40, while the Nifty50 gained 4.10 points to settle at 24,211. Trading stayed rangebound through the session, with buying interest visible at lower levels despite global uncertainty. Stock-specific action dominated the day. Tata Elxsi, HCL Tech,…

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