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Bank Index Falls 1.5% as HDFC Bank, Axis Bank Lead Market Sell-Off Following Q1 Results
Bank stocks dragged Indian benchmark indices lower on July 20, 2026. The Nifty 50 slipped below 24,200, while the Sensex fell over 600 points intraday. HDFC and Axis Bank led the decline after mixed Q1 FY27 earnings. Axis Bank shares slid nearly 5% on weak net interest income growth. Rising Brent crude above $90 a…
Google and Apple Clash With EU Over AI Assistants Across 5 Billion Active Smartphones
On 16 July 2026, the European Union increased its scrutiny of Google and Apple with proposed rules that could change how AI assistants operate on smartphones. The changes could affect more than 5 billion active devices worldwide and reshape competition between Gemini, Siri, and other AI assistants. The EU says the proposals will give consumers…
Tech Stock: SpaceX Shares Retreat to $126 by July 17 After Jumping 19% on IPO Debut
On 17 July 2026, SpaceX shares traded near $126, giving back a large part of the gains made after the company’s much-anticipated IPO. The stock had climbed 19% on its first day of trading and quickly became one of the market’s most closely watched listings. Since then, investor sentiment has shifted from tech stocks, and…
SpaceX Slides Below IPO Price as Lock-Up Expiry Looms, July 20
SpaceX (SPCX) trades at $123, down 45% from peak. Lock-up expiry and Starship delays fuel sell-off. Analysts target $237.78 but valuation concerns persist.
Qantas Books First A350-1000ULR Flights for October 2027; Sydney-London Route Launches Project Sunrise
Qantas launches Sydney-London nonstop flights in October 2027 using the Airbus A350-1000ULR, reducing journey time from 24-25 hours to 19-21 hours. The aircraft carries 238 passengers and marks the start of Project Sunrise.
Nintendo’s Palworld Patent Rejected by Japan Office on July 18
Japan Patent Office rejects Nintendo’s touchscreen monster-catching patent, citing 2013 fan game as prior art. The ruling complicates Nintendo’s legal battle with Palworld over patent infringement.
Dollar Tree Closes 75 Stores, Admits Over One-Third Are Substandard
Dollar Tree plans to close 75 stores in 2026 and admits less than one-third of its 9,400 locations are substandard. The company is opening 400 new stores as part of a modernization strategy.
Dollar Tree Closes 75 Stores, Admits Thousands Are ‘Substandard’
Dollar Tree plans to close 75 stores in 2026 while opening 400 new locations. CEO says less than one-third of stores still miss internal standards, down from 42% earlier in the year.
Article 370 Wins Best Film at 72nd National Awards; Mammootty Takes Fourth Acting Honor
Article 370 wins Best Feature Film at India’s 72nd National Film Awards. Yami Gautam wins Best Actress, Mammootty and Kartik Aaryan share Best Actor award. Awards announced July 18, 2026.