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Gas Prices Surprise Drivers With Highest Independence Day Average in 4 Years
Gas prices are hitting drivers hard just before the July 4th weekend. The national average sits at $3.847 per gallon as of July 1, 2026. That marks the second-highest Independence Day price on record. Only 2022 saw higher pump prices, when costs topped $5 a gallon. This year’s spike traces back to the Iran conflict,…
AI Chip Stocks Extend Selloff as Micron, Western Digital Drop 2.1% Amid Meta Pivot Fears
AI chip stocks stayed under pressure on July 2, 2026, with Micron Technology and Western Digital each falling about 2.1%. The decline added to a wider selloff across semiconductor stocks after reports raised fresh questions about Meta’s long-term AI infrastructure plans. That prompted investors to rethink expectations for future spending on memory chips and AI…
Abivax Shares Jump 3.91% After $920 Million Stock Offering Grows Beyond Expectations
Abivax shares climbed 3.91% on Nasdaq on July 2, 2026, after the French biotech confirmed its $920 million American Depositary Share offering. Underwriters exercised their full option, pushing gross proceeds well past the original $600 million target. The ADS offering priced at $125.00 apiece on July 1. Abivax (Nasdaq: ABVX, Euronext Paris: ABVX) said the…
Euro Bond Yields Rise After ECB’s Hawkish Sintra Remarks Cool Rate Cut Expectations
Euro bond yields rose on July 2, 2026, after European Central Bank (ECB) officials struck a hawkish tone at the annual Sintra Forum in Portugal. Their comments prompted investors to dial back expectations for additional interest rate cuts over the coming months. Markets responded quickly, pushing benchmark government bond yields higher across the Eurozone. The…
Wipro Ltd Share Price Rises 2.25% to ₹173.95 Despite 17% Drop in ADRs on Nasdaq
Wipro Ltd share price climbed 2.25% to ₹173.95 on the NSE on Thursday, July 2, 2026. This came even as Wipro’s American Depositary Receipts fell 16.89% overnight on the NYSE to $1.870. Domestic buying tracked a broader Nifty IT rebound rather than following the sharp ADR weakness. JPMorgan downgraded Wipro Ltd to Underweight from Neutral,…
Super Micro Reveals Taiwan Staff Questioned in AI Server Export Probe Involving Nvidia Chips
On July 2, 2026, Super Micro Computer confirmed that employees at its Taiwan unit were questioned as part of an investigation into AI server exports involving Nvidia chips. The company said it is cooperating with authorities and is not the primary focus of the probe. The investigation comes as governments tighten restrictions on advanced AI…
Lloyds Banking Group to Phase Out Halifax Branding Across 190 UK Branches; LLOY Shares lost 0.54%
Lloyds Banking Group confirmed plans to retire the 173-year-old Halifax brand from UK high streets. The bank will rebrand 190 Halifax branches under the Lloyds name throughout 2027. LLOY shares lost 0.5% to close at 111.59 pence on July 1, 2026, giving Lloyds a market capitalization of £65 billion. The move ends one of Britain’s…
Gold Price Today: MCX Gold Falls 0.20%, Silver Rises 0.50% Following Soft US Jobs Data
Gold prices on the Multi Commodity Exchange (MCX) slipped 0.20% on July 2, 2026, while silver moved about 0.50% higher as markets responded to weaker-than-expected US jobs data. The mixed movement came as traders adjusted their positions ahead of the upcoming US Non-Farm Payrolls report. Attention is also on the Federal Reserve, with investors looking…
NS&I Premium Bonds July Results: 44 Big Winners Claim £5,000 and £10,000 Prizes
The NS&I Premium Bonds July 2026 results are out, giving millions of UK savers another chance to see if they’ve won a tax-free prize. This month’s draw paid out more than 6.2 million prizes, including 44 winners who received £5,000 and £10,000, as well as two new £1 million jackpot winners. With your original investment…