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Australia’s Daily Smoking Rate Falls to 5.6% as Illicit Tobacco Surges
Australia’s daily smoking rate fell to 5.6% in 2025, beating the 10% target, but 34% of smokers now buy illicit tobacco. The government bans nicotine pouches from July 24.
Moonshot’s Kimi K3 Narrows AI Gap; Chinese Model Rivals US Frontier Systems
Moonshot AI’s Kimi K3 model with 2.8 trillion parameters rivals Anthropic’s Fable 5 and OpenAI’s GPT 5.5, marking a major shift in the US-China AI race and triggering sharp selloffs in tech stocks.
Netflix (NASDAQ: NFLX) Stock Slides 9% as Q3 Revenue and EPS Forecast Miss Wall Street Estimates
Netflix stock slid roughly 9% Thursday after its Q3 forecast missed on two fronts. The company guided Q3 earnings per share to $0.82, below the $0.84 estimate. Netflix also projected Q3 revenue of $12.86 billion, short of the $13 billion consensus. That combined miss overshadowed a mostly in-line second quarter for Netflix. Q2 revenue reached…
Zhongji Innolight Targets Up to $7 Billion in Hong Kong Listing After July 17 Approval
Zhongji Innolight is nearing final clearance for what could become Hong Kong’s largest listing this year. Bloomberg reported on July 15, 2026, that China’s securities regulator was set to approve the deal. That approval clears the path for a Hong Kong Stock Exchange listing hearing this week. Zhongji Innolight now aims to raise to $7…
NSE India to Introduce Nifty India FPI 150 Futures and Options from August 12 After SEBI Approval
On 12 August 2026, the National Stock Exchange (NSE) will begin trading futures and options on the Nifty India FPI 150 Index after receiving approval from the Securities and Exchange Board of India (SEBI). The new contracts give investors another way to hedge market exposure and trade stocks with strong foreign portfolio investor (FPI) ownership….
Trump Delivers Primetime Address on Election Security, Declassifies China Voter Data Claims
Trump delivered a primetime speech on July 16 claiming China stole 220 million US voter files and alleging election vulnerabilities. Major networks aired the speech on streaming platforms, not broadcast TV. Intelligence officials say no foreign actor altered voting in 2020.
Greg Steube Files Impeachment Against Judge Over Plane Hijacker Release
Rep. Greg Steube filed impeachment articles against Judge John E. Steele for ordering the release of convicted Cuban plane hijacker Maikel Guerra Morales from ICE custody on July 8. The judge died suddenly on July 16.
Toncoin USD Drops 7.4% to $1.529 as Volume Slumps 54% Below Average
TONUSD fell 7.4% to $1.529 on July 16, 2026, with volume at 127.5M, well below the 276.6M average.
ISRO Loses 100+ Scientists as Gaganyaan Mission Faces Brain Drain on July 16
ISRO loses 100+ scientists including Gaganyaan project staff to private space startups. India’s Department of Space tightens exit rules on July 14 to protect critical missions.