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Zhipu AI (HKEX: 2513) Jumps 14.16% on Report of Custom AI Chip Development for GLM Models
Zhipu AI shares skyrocketed 14.16% during intraday trading on July 8, 2026. The stock, listed as Knowledge Atlas Technology, touched HK$1,838.00 by 10:45 AM GMT+5. That marked a gain of HK$228.00 over the previous close of HK$1,610.00. The rally follows a report that Zhipu AI is exploring a custom AI chip for its GLM model…
Sam’s Club Summer Sale: Walmart Reduces Prices on More Than 1,000 Items
Sam’s Club and Walmart announced sweeping summer price cuts on July 6, 2026. The Bentonville, Arkansas-based retailer slashed prices on more than 1,000 items. Shoppers will see savings across groceries, household essentials, outdoor living, toys, and apparel. The move covers stores and clubs nationwide, including online and app orders. Sam’s Club, a Walmart Inc. (Nasdaq:…
SpaceX Shares Fall 2.3% Ahead of Nasdaq 100 Entry as Morgan Stanley Sets $300 Price Target
SpaceX shares slipped about 2.3% on July 7, 2026, as investors looked ahead to the company’s upcoming addition to the Nasdaq 100. The decline came even after Morgan Stanley initiated coverage with a $300 price target, reflecting confidence in the company’s long-term growth. Some investors chose to lock in gains before the index inclusion, while…
Capita (LON: CPI) Stock Plunges 15.1% After UK Government Statement on Civil Service Pension Contract
Capita shares fell 15.1% on Tuesday, July 7, 2026, after a ministerial statement on its pension contract. Some reports put the intraday drop as high as 16%. The Paymaster General criticized Capita’s handling of the Civil Service Pension Scheme. This marks another setback in Capita’s troubled outsourcing history. What Triggered Capita’s Stock Plunge Cabinet Office…
Samsung Profits Surge 1,800% as AI Memory Chip Demand Drives Record ₩89.4 Trillion Quarterly Operating Profit and ₩171 Trillion Sales
Samsung posted a record second-quarter operating profit of 89.4 trillion won, up 1,810.3% year-over-year. The company reported revenue of 171 trillion won, compared with 133.9 trillion won last quarter. AI-driven memory chip demand powered this surge. The results mark Samsung’s third consecutive record quarter this year. Samsung Posts Record Profit on AI Memory Demand Samsung…
European Stocks Ease as STOXX 600 Falls 0.1%, DAX Drops 0.2% Before Key Federal Reserve Signals
European stocks slipped on July 7, 2026, as investors took a cautious approach ahead of fresh signals from the U.S. Federal Reserve. The pan-European STOXX 600 edged 0.1% lower, while Germany’s DAX fell 0.2% in early trading. Buying activity remained muted as traders looked for more clarity on the path of U.S. interest rates. Inflation,…
Micron Technology Inc (NASDAQ: MU) Stock Gains 0.94% as AI Infrastructure Drives Memory Market Growth
Micron Technology Inc closed higher after its stock rose 0.94%, as investors continued to focus on companies supplying memory products for artificial intelligence systems. The expansion of AI data centers is driving higher demand for advanced memory, giving Micron Technology Inc added exposure to one of the fastest-growing areas in technology infrastructure. The latest move…
Proxima Fusion Raises €411 Million Backed by Google and RWE to Advance Fusion Energy
On July 7, 2026, German fusion energy startup Proxima Fusion announced a €411 million funding round backed by major technology and energy companies, including Google and RWE. The investment supports the company’s plans to develop commercial fusion power using advanced stellarator technology. Proxima Fusion is working to address some of the technical challenges in fusion…
Info Edge Shares Surge 12% to ₹1,144.50 After Q1 Billings Rise 14.4% to ₹737 Crore
Info Edge shares jumped nearly 12% on July 7, 2026, reaching ₹1,144.50 after the company reported strong Q1 FY27 business growth. The rally came after the company posted a 14.4% year-on-year rise in billings to ₹737 crore, reflecting stronger demand across its digital platforms. Investors responded positively as the numbers pointed toward better earnings potential…