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Craneware (LON:CRW) Shares Plunge 23% to Lowest Level Since 2016 After Cutting FY Revenue Outlook
Craneware plc shares fell as much as 23% today, touching an intraday low of 988 pence. That marks the stock’s lowest level since November 28, 2016. The Edinburgh-based healthcare financial software firm issued an unscheduled trading update warning that full-year results would miss market expectations. Craneware now guides FY26 revenue to $205 million to $208…
Why Mutual Fund SIPs Are the Smartest Way for NRIs to Build a Wealth Corpus in India
Most people want to build wealth but struggle with where to begin and this challenge is often magnified for NRIs juggling different time zones, currencies, and unfamiliarity with India’s evolving market landscape. A Systematic Investment Plan (SIP) in mutual funds removes that friction. You invest a fixed amount every month, stay invested across market cycles,…
Oil Prices Brent Holds Near $72 and WTI Near $68.66 as Markets Watch Middle East Diplomacy
Oil prices stayed under pressure on Thursday, July 2, 2026. Brent crude opened at $71.13 per barrel before slipping 0.83% to $70.57. WTI crude opened at $68.11, its lowest level since February 27. Both benchmarks fell as shipping through the Strait of Hormuz kept recovering. Traders also weighed progress in indirect US-Iran talks held in…
FTSE 100 Edges Higher While Sterling Hits $1.3367 After Disappointing U.S. Jobs Report
FTSE 100 jumped 174 points to close at 10,652 on Thursday, July 2, 2026. The rally followed a weaker-than-expected U.S. jobs report, which rattled dollar strength. Nonfarm payrolls rose just 57,000 in June, far below the 110,000 consensus estimate. Sterling climbed 0.52% to $1.3349 against the dollar. The FTSE 100 posted its highest close since…
ElevenLabs Explores Tender Offer That Could Value AI Voice Startup at $22 Billion, Report Says
ElevenLabs is moving fast. According to a Bloomberg report, the AI voice company is discussing a secondary share sale with investors. This deal, known as a tender offer, could value the startup at $22 billion. If finalized, the price tag reveals how quickly the company’s value is climbing. Five months ago, in February 2026, a…
Ecommerce Giant Alibaba and Tencent Invest $2.8 Billion in Kuaishou’s Kling AI as Valuation Hits $15 Billion
On July 3, 2026, Chinese technology companies Alibaba and Tencent backed one of the year’s largest artificial intelligence funding deals, investing $2.8 billion in Kuaishou’s Kling AI. The investment gives the AI video platform a $15 billion valuation and reflects rising confidence in China’s generative AI sector. With competition in AI accelerating worldwide, the deal…
Crypto Prices Today: Bitcoin Holds Near $61,390 as Ether and Solana Lead Market Rebound After Weak US Jobs Data
Crypto prices rebounded sharply on Thursday, July 2, 2026, after weak US jobs data hit the dollar. Bitcoin traded near $61,564.20, up 0.75% over 24 hours. Ether outperformed with a 4.80% gain to $1,720.44, while Solana climbed 1.70% to $80.71. The broader crypto market capitalization reached $2.01 trillion, up 2.38% for the day. Fed Chair…
Alibaba to Ban Claude Code in Workplace Over Alleged Backdoor Security Risks, Report Says
Alibaba will ban employees from using Anthropic’s Claude Code starting July 10, 2026. Reuters reported the move Thursday, citing a source familiar with the decision. The ban stems from alleged security risks involving embedded backdoors in the coding tool. Chinese financial outlet Yicai first reported the story earlier this week. Alibaba shares fell 0.7% on…
Zuckerberg Says Meta’s AI Agent Development Is Progressing Slower Than Expected Despite Massive Spending
On July 2, 2026, Meta CEO Mark Zuckerberg said the company’s AI agent development is moving more slowly than expected, despite spending billions of dollars on infrastructure, hiring, and research. The comments caught many by surprise because Meta has been investing heavily in artificial intelligence to keep pace with its biggest competitors. The update raises…