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Dow Futures Climb, Nasdaq Futures Fall 0.7% as TSMC Earnings Trigger Chip Stock Selloff
📅 1 hour ago

Dow Futures Climb, Nasdaq Futures Fall 0.7% as TSMC Earnings Trigger Chip Stock Selloff

On 16 July 2026, U.S. stock futures pointed in different directions before the opening bell. Dow futures edged higher, while Nasdaq futures dropped about 0.7% after investors reacted to Taiwan Semiconductor Manufacturing Co.’s (TSMC) latest earnings.  Although the chipmaker posted strong results and maintained a positive outlook for AI demand, semiconductor shares still came under…

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CXMT’s $8.6 Billion IPO to Generate at Least $41 Million in Fees for Chinese Investment Banks
📅 3 hours ago

CXMT’s $8.6 Billion IPO to Generate at Least $41 Million in Fees for Chinese Investment Banks

CXMT’s $8.6 billion Shanghai IPO is set to generate substantial fees for underwriters. The memory chipmaker priced shares at 8.66 yuan, or $1.28 apiece. That values CXMT’s business at roughly $85.2 billion upon its Shanghai Star Market debut. CXMT’s offering surpasses SMIC’s 2020 record as the largest chip IPO in China. Subscriptions opened Thursday, July…

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Hardee’s Franchisee Files Chapter 11 as 59 Stores Face Closure Risk
📅 11 hours ago

Hardee’s Franchisee Files Chapter 11 as 59 Stores Face Closure Risk

Hardee’s franchisee Superior Star files Chapter 11 bankruptcy on July 9, putting 59 stores at risk across 10 states due to a $7.04 million seller financing dispute and hidden liabilities from its 2023 acquisition.

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IBM Shares Crash 25% on July 14 as AI Spending Reshapes Enterprise Budgets
📅 18 hours ago

IBM Shares Crash 25% on July 14 as AI Spending Reshapes Enterprise Budgets

IBM stock crashed 25% after preannouncing Q2 results that missed estimates. Revenue came in at $17.2 billion versus $17.86 billion expected, as customers redirected spending to AI infrastructure.

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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 Shares Plunge 25.21% After Customers Rush Hardware Orders Ahead of Price Hikes
📅 1 day ago

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…

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Mowi (OSE: MOWI) Shares Rise 3.4% as Q2 Salmon Harvest Tops Guidance and EBIT Climbs 23%
📅 1 day ago

Mowi (OSE: MOWI) Shares Rise 3.4% as Q2 Salmon Harvest Tops Guidance and EBIT Climbs 23%

Mowi shares rose 3.4% Wednesday after the salmon farmer’s Q2 trading update beat expectations. Mowi reported operational EBIT of EUR 231 million, up 23% from EUR 189 million. The company harvested 150,000 tonnes during the quarter, a record for any second quarter. That volume topped Mowi’s own guidance of 140,000 tonnes by a wide margin. …

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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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IBM Share Slides 25.21% to $217.07: What Caused the Company’s Worst Stock Crash in Decades?
📅 1 day ago

IBM Share Slides 25.21% to $217.07: What Caused the Company’s Worst Stock Crash in Decades?

IBM shares crashed 25.21% to close at $217.07 on Tuesday, July 14, 2026. The drop marked the steepest single-day decline in the company’s history, surpassing its previous worst day during the October 1987 Black Monday crash, when shares fell 23.7%. IBM has traded on the New York Stock Exchange since 1916, making this an unprecedented…

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