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Mahesh Muralidhar Pai Set to Head South Indian Bank Following RBI Clearance
Mahesh Muralidhar Pai will become South Indian Bank’s next Managing Director and CEO. The Reserve Bank of India approved his appointment through a letter dated July 7, 2026. Pai’s three-year term begins on October 1, 2026, succeeding outgoing CEO P R Seshadri. He currently serves as Chief General Manager at Canara Bank, leading digital banking…
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…
SENSEX Drops 530 Points, NIFTY50 Slips to 24,244 as West Asia Tensions Drive Oil Prices Higher
On July 8, 2026, Indian stock markets came under heavy selling pressure after fresh tensions in West Asia pushed global crude oil prices higher. The BSE Sensex lost more than 530 points, while the NIFTY50 slipped to 24,244 as investors turned cautious. Because India relies heavily on imported crude oil, any sharp increase in oil…
Meta News: States Seek $1.4 Trillion Over Facebook, Instagram
On July 7, 2026, Meta disclosed that four US states are seeking up to $1.4 trillion in civil penalties over allegations related to Facebook and Instagram’s effect on young users. The demand comes before a major trial set for August 2026 and is one of the largest legal claims ever brought against a technology company….
ByteDance and Alibaba Disable Custom AI Companion Features Ahead of China’s July 15 AI Regulations
China’s new AI rules will take effect on July 15, 2026, prompting major technology companies to adjust their products before the deadline. In response, ByteDance and Alibaba have started disabling custom AI companion features in their chatbot platforms to comply with the upcoming regulations. The decision reflects China’s stronger oversight of AI safety, transparency, and…
Craneware (LON:CRW) Shares Plunge 23% to Lowest Level Since 2016 After Cutting FY Revenue Outlook
Craneware plc shares fell as much as 23% today, touching an intraday low of 988 pence. That marks the stock’s lowest level since November 28, 2016. The Edinburgh-based healthcare financial software firm issued an unscheduled trading update warning that full-year results would miss market expectations. Craneware now guides FY26 revenue to $205 million to $208…
Nvidia Corp (NVDA) Stock Up 1.39% After Pacific Sage Partners Purchases 4,467 Shares
On July 3, 2026, Nvidia Corp. (NASDAQ: NVDA) shares climbed 1.39% after a new regulatory filing revealed that Pacific Sage Partners increased its stake by purchasing 4,467 additional shares. The latest investment adds to the steady flow of institutional buying in the AI chipmaker, which remains one of the market’s most closely followed technology companies….
MCX Gold & Silver Today: Gold Jumps 1.40%, Silver Surges 1.80% as Fed Rate Cut Hopes Boost Bullion
MCX Gold and MCX Silver rallied sharply on July 3, 2026. Gold futures climbed 1.40% to trade near ₹1,41,900 per 10 grams. Silver futures surged 1.80%, touching roughly ₹2,06,500 per kilogram. Weak US jobs data triggered the rally, with June payrolls adding just 57,000 jobs. That figure missed forecasts of 110,000 by a wide margin….
NVDA Stock Is Down 11.33% in 4 weeks, But Nvidia Just Crossed a $5.5 Trillion Market Cap
NVDA stock has fallen 11.33% over the past four weeks, yet Nvidia reached a historic milestone by crossing a $5.5 trillion market capitalization in early July 2026. That contrast has drawn plenty of attention on Wall Street. Some investors have taken profits after Nvidia’s strong rally, while others remain focused on the company’s long-term AI…