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Kioxia Profit Surges 31-Fold on AI Chip Boom; Stock Split Announced
Kioxia reports 46-fold Q1 profit jump to 842.2 billion yen on AI demand. Company forecasts 31-fold H1 profit to 2.1 trillion yen and announces 3-for-1 stock split effective October 1.
NZX Shares Fall 0.46% Despite Strong US Market Performance
NZX shares slipped 0.46% on July 31, 2026, even as Wall Street posted a strong rebound overnight. The benchmark NZX 50 fell from Thursday’s close of 13,976.67 to trade near 13,909.45. That pullback followed three straight record closes earlier in the week, with the index sitting just below its 52-week peak of 14,000.35. Why NZX…
Nvidia Stock Outlook Improves Despite AI Semiconductor Weakness
Nvidia stock closed at $190.01 on Wednesday, July 29, 2026, well below its $235.47 all-time closing high from May 14. That pullback comes amid a broader semiconductor rout that sent South Korea’s Kospi Index crashing more than 10% this week. Yet analyst sentiment toward Nvidia stock has stayed firmly positive through the turbulence.. Nvidia Stock:…
Workman Launches Next-Gen Fan Wear at ¥2,900 as Heat Demand Soars
Workman releases next-generation fan-fitted wear starting at ¥1,500 to capture everyday market demand amid Japan’s extreme heat. New products include 15-function shirts and convertible jackets with UV and sweat-control features.
Netflix Pays $500M for Walking Dead Rights Through 2031, Expands to New Territories
Netflix pays AMC Global Media $500 million for five-year streaming rights to The Walking Dead and six spinoffs across new territories including UK, Italy, Australia, and New Zealand.
Leopold Aschenbrenner’s $45 Billion AI Bet Ends With Massive Sell-Off
Leopold Aschenbrenner’s Situational Awareness LP sold its entire public stock portfolio in a single block trade on Thursday, July 30, 2026, after July’s AI selloff gutted the fund. Ken Griffin’s Citadel purchased the positions, which represented roughly two-thirds of the firm’s total holdings, according to CNBC. The fund had grown to as much as $45…
Mammut Sold to Chinese Firm CPE for Up to €500M on July 31
Chinese investment firm CPE acquires Swiss outdoor brand Mammut from Jacobs Capital for up to €500 million. Headquarters remain in Aargau; CEO Heiko Schäfer stays in place.
Thousands Breach Ceuta Border as Spain Deploys Military, Italy Demands Schengen Action
Spain deploys military to Ceuta after thousands of migrants breach the border from Morocco. Italy calls for Spain’s removal from Schengen. At least 9 people died in the crossing attempt.
Fukuoka LDP Official Held Fundraiser During Magnitude 7 Earthquake on July 28
Fukuoka LDP leader Matsuo Toshiyaki held a 600-person political fundraiser on July 28, one hour after a magnitude 7 earthquake hit Kumamoto. The event included a comedian performance and cost 15,000 yen per attendee.