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FTSE 100 Today: UK Stocks Slip 0.37% as Iran Tensions Overshadow Stronger-Than-Expected GDP Growth
📅 12 hours ago

FTSE 100 Today: UK Stocks Slip 0.37% as Iran Tensions Overshadow Stronger-Than-Expected GDP Growth

The FTSE 100 fell 0.37% Thursday morning, extending Wednesday’s modest decline. That drop came despite UK GDP data beating expectations by a wide margin. The economy grew 0.7% in the three months to May, well above forecasts of 0.5%. Annual growth accelerated to 1.3%, its fastest pace in 13 months.  Fresh Iran threats overshadowed that…

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Uber (NYSE: UBER) to Acquire Delivery Hero (ETR: DHER) in $14.8 Billion Cash Deal
📅 12 hours ago

Uber (NYSE: UBER) to Acquire Delivery Hero (ETR: DHER) in $14.8 Billion Cash Deal

On 16 July 2026, Uber (NYSE: UBER) announced a $14.8 billion cash offer to acquire Delivery Hero (ETR: DHER), one of the biggest food delivery acquisitions ever announced. If the deal goes through, Uber will expand its delivery business across dozens of international markets and strengthen its position in an increasingly competitive industry. Investors reacted…

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South Korea Eyes New ETF Regulations as Leveraged Funds Face Increased Scrutiny
📅 15 hours ago

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…

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Hormuz Crisis Escalates as US Airstrikes Strike Northern Iran, Ship Disabled During Blockade
📅 15 hours ago

Hormuz Crisis Escalates as US Airstrikes Strike Northern Iran, Ship Disabled During Blockade

The Hormuz crisis intensified on July 16, 2026, after the United States launched airstrikes in northern Iran and disabled a vessel while enforcing the Strait of Hormuz blockade. The latest military action has increased concerns about a wider regional conflict and possible disruptions to global energy supplies. With nearly one-fifth of the world’s oil moving…

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Senators Introduce PROMISE Act to Prevent 22% Social Security Benefit Cut by 2032
📅 1 day ago

Senators Introduce PROMISE Act to Prevent 22% Social Security Benefit Cut by 2032

Bipartisan senators introduce PROMISE Act to address Social Security insolvency projected for 2032. The bill would create a process for Congress to vote on a solvency plan restoring benefits for 70 million Americans.

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Alphabet (NASDAQ: GOOG) Urges EU Court to Uphold Ruling That Scrapped $1.7 Billion Google Antitrust Fine
📅 1 day ago

Alphabet (NASDAQ: GOOG) Urges EU Court to Uphold Ruling That Scrapped $1.7 Billion Google Antitrust Fine

Alphabet unit Google urged the EU’s top court on Wednesday, July 15, 2026, to dismiss antitrust regulators’ appeal against a ruling that scrapped a €1.49 billion ($1.7 billion) fine. The dispute centers on Google’s AdSense advertising platform and reached the Court of Justice of the European Union after the European Commission appealed a 2024 General…

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Crypto Prices Today: Bitcoin Climbs 3.28% to $64,700 as Soft US CPI Boosts Ethereum and Solana ETF Optimism
📅 1 day ago

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…

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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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