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Cathie Wood Loads Up on SpaceX as Stock Hits New Low on July 21
Cathie Wood’s Ark Invest adds $36M+ in SpaceX shares as stock hits all-time low after 47% decline from IPO peak. Wood also buys Meta and Archer Aviation, betting on long-term innovation over short-term pain.
XRP Climbs 3.97% to $1.1561 as Momentum Builds
XRP USD rallied 3.97% to $1.1561 on July 21, 2026. Technical data shows mixed signals with RSI at 48.82 and MFI strength at 67.09.
Supreme Court Takes Up Alaska Pilot’s $95K Plane Seizure Over Six-Pack of Beer
Supreme Court to review whether Alaska can seize a $95,000 airplane over a six-pack of beer brought by a passenger. The case challenges asset forfeiture laws and the Eighth Amendment’s Excessive Fines Clause.
AI Boom Fuels $27 Trillion Market Surge, Raising Fears of a Historic Tech Bubble
The artificial intelligence (AI) boom has become the dominant force behind global equity markets. Since November 2022, AI-related companies have added approximately $27 trillion in market value, according to Goldman Sachs Research. That increase equals roughly 36% of the entire U.S. stock market’s value, making AI the biggest driver of Wall Street gains over the…
Wall Street Rallies on Chip Recovery as Megacap Earnings Loom, July 21
US stock futures rise as chip stocks recover and megacap earnings approach. Nasdaq futures up 1.3%, S&P 500 up 0.4%. Investors watch for AI spending signals amid Iran tensions and Canadian tariffs.
Mitie (LSE: MTO) Agrees to £3.1 Billion Takeover by OCS Group in 45% Premium Deal
Mitie has agreed to a £3.1 billion takeover by rival OCS Group. The deal values Mitie shares at up to 221.6 pence each. That figure represents a 44.7% premium to Monday’s closing price of 151p. OCS will pay 218.5 pence per share in cash. Mitie shareholders also keep a planned 3.1 pence final dividend. The…
Chinese EVs Now Dominate Australia’s Market as Xpeng Expands Lineup
Chinese electric vehicles now dominate Australia’s car market. Xpeng launches four new models and expands to 50 dealerships as EV adoption accelerates following a tax change that shifted buyers away from plug-in hybrids.
Cement (NSE: ULTRACEMCO) Shares Rise 2% as Q1 FY27 Profit Jumps 17% to ₹2,599 Crore UltraTech
UltraTech Cement shares extended gains for a second straight session on July 21, 2026. The stock traded at ₹12,039.65 on the BSE, up 1.19% intraday. That followed a 1.35% rise to ₹11,880 on results day itself. Combined, shares have climbed close to 2% since UltraTech posted its Q1 FY27 numbers. Consolidated net profit jumped 16.8%…
Gold Price Today: MCX Gold Climbs 0.65% to Rs. 1,42,300 Despite Falling Brent Crude
Gold price on the Multi Commodity Exchange climbed 0.65% to Rs. 1,42,300 per 10 grams on Tuesday, July 21, 2026. The move came even as Brent crude fell 0.80% to $88.51 per barrel, breaking below the $90 mark. Reports of diplomatic efforts to ease Middle East tensions helped pull oil lower while still supporting demand…