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S&P 500, Nasdaq Composite Drift Sideways as $3.2 Trillion Shifts From Chip Stocks to Magnificent Seven
The S&P 500 has traded in a tight range for months. Beneath that calm surface, $3.2 trillion has rotated between the Magnificent Seven and chip stocks outside Nvidia. This massive shift has largely canceled itself out at the index level. Traders are watching closely as earnings season could finally break the stalemate. The Nasdaq Composite…
South Korea Eyes New ETF Regulations as Leveraged Funds Face Increased Scrutiny
South Korea’s ETFs tracking single stocks are facing a fresh regulatory crackdown. Financial Services Commission Chairman Lee Eog-weon confirmed Thursday, July 16, 2026, that new measures on leveraged ETFs are coming soon. The announcement follows weeks of market turmoil tied to products built around Samsung Electronics and SK Hynix, Korea’s two largest chipmakers. President Lee…
Crypto Prices Today: Bitcoin Climbs 3.28% to $64,700 as Soft US CPI Boosts Ethereum and Solana ETF Optimism
Bitcoin rose 3.28% to around $64,700 on July 15, 2026, leading a broad rally across the cryptocurrency market after softer-than-expected US inflation data improved investor sentiment. Ethereum, Solana, and several other major digital assets moved higher as expectations for Federal Reserve rate cuts and renewed optimism around crypto ETFs encouraged fresh buying. The latest crypto…
IBM Shares Plunge 25.21% After Customers Rush Hardware Orders Ahead of Price Hikes
IBM shares crashed 25.21% on July 14, 2026, marking the stock’s worst single-day drop since 1968. The selloff followed a preliminary Q2 earnings warning. IBM posted adjusted EPS of $2.93, missing the $3.01 consensus estimate. Revenue came in at $17.2 billion, below the $17.86 billion analysts expected. CEO Arvind Krishna blamed a sudden capital expenditure…
Intel Shares Jump 4.50% as Intel Turns to ASML’s Next-Generation Chipmaking Tool
Intel shares jumped 4.50% Wednesday, trading at $107.76 after a volatile week. The rally followed news that Intel will use ASML’s next-generation chipmaking tool. Intel has begun deploying ASML’s High-NA EUV machine for Panther Lake laptop chips. That marks a significant step after experiments with the tool began back in 2024. The move comes alongside…
China GDP Misses Forecast at 4.3% as Shanghai Composite Holds Near 3,967
China GDP expanded 4.3% year-on-year in the second quarter of 2026, official data showed Wednesday, July 15. The reading missed a Reuters poll forecast of 4.5% and cooled sharply from 5.0% in the first quarter. This marks China’s slowest growth pace since the fourth quarter of 2022, when COVID-19 curbs weighed heavily on output. The…
SpaceX Stock Drops Below $140 as Post-IPO Volatility Persists
SpaceX stock sinks to $139.14, down 4.2% Monday and 13.6% since IPO. Analysts debate whether AI compute deals and Starlink expansion justify the $1.8 trillion valuation.
Stock Market Outlook: Dow 52,498, S&P 500 7,515, and Nasdaq 25,873 Slide as Investors Await CPI Report
Stock market indexes fell sharply on Monday, July 13, 2026, as fresh US-Iran conflict rattled investors. The Dow Jones Industrial Average dropped 138.37 points, or 0.26%, to close at 52,498.64. The S&P 500 lost 0.79% to finish at 7,515.34, while the Nasdaq Composite slid 1.55% to 25,873.18. Oil prices surged after new shipping restrictions near…
China Exports Hit 27% Growth Despite Global Headwinds: Shanghai Composite Holds Near 3,914 Amid Mixed Signals
China exports surged 27% year-on-year in June 2026, marking the fastest growth since 2021. The figure crushed a Reuters poll forecast of 18.2% and accelerated sharply from May’s 19.4% pace. Exports hit a record $412.39 billion for the month. The Shanghai Composite, meanwhile, closed at 3,913.79 on July 13, down 2.06% on US-Iran tensions, showing…