Business & Finance

US jobless claims fall to 215K signaling labor market resilience, SK Hynix prices landmark $28B Nasdaq ADR listing 7x oversubscribed, Meta plans to double AI compute capacity to 14 gigawatts by 2027 with Iris chip entering production in September

Micron commits $3B now and $250B through 2035 for US chip manufacturing, pours first concrete at New York megafab, Micron stock jumps 6% on the news, Meta plans September production of its Iris AI chip co-designed with Broadcom and built by TSMC

Trump declares Iran ceasefire over at NATO summit, oil surges 6% on Hormuz risk, Samsung posts 19-fold profit jump but stock falls 10%, South Korea's KOSPI enters bear market with circuit breaker triggered

Nvidia shares fall below 20x forward earnings amid $1T market cap decline, Blue Origin raises $10B in first-ever outside funding round at $130B valuation, Apple commits $30B to Broadcom for U.S.-manufactured chips through 2031

Dow Jones closes above 53,000 for first time in history, S&P 500 and Nasdaq surge on AI chip rebound, SpaceX enters Nasdaq-100 in record fast index inclusion

Samsung posts record Q2 profit but loses $100 billion in market value on a revenue miss, memory chip stocks tumble on AI capex abundance fears, SK Hynix prepares for landmark $28 billion Nasdaq ADR debut

Global M&A hits record $2.8 trillion in H1 2026 driven by AI megadeals, Michael Burry warns of unsustainable rally, SK Hynix targets Nasdaq listing at up to $29 billion

KOSPI drops 9-14% as leveraged ETF exposure amplifies chip selloff, India's RBI opens M&A lending to banks squeezing private credit funds, Tesla Germany Q2 sales surge 420% year-over-year

June jobs report adds just 57k vs 110k+ expected, BLS revises April-May payrolls down by 74k, gold and silver rally on Fed rate-cut bets

June jobs report misses badly at 57,000, prior months revised down 74,000, Gold jumps 1.7% and silver rises 3% on rate-cut bets, Crypto market cap reclaims 2.2 trillion dollars, Broad rally signals markets pricing in Fed easing

Meta building cloud business to monetize AI spend, shares surge 8%, Trump financial disclosure reveals $1.4B in crypto income amid active legislation, Sony ends physical game disc production by January 2028 with PS6 implications

Dow approaches record 52,000 as Trump touts economic wins, Trump financial disclosure reveals $1.4 billion in crypto earnings amid conflict-of-interest concerns, Nike Q4 profit surge driven by one-time tariff refund as China sales slump

SpaceX IPO raises $85.7B setting all-time record, U.S. H1 share sales hit $251B, SpaceX joins Nasdaq-100 July 7th with $4.3B in forced buying expected, Comcast spins off NBCUniversal and Sky ending 15-year cable-media merger, Comcast shares surge 23% on announcement, Rocket Lab acquires Iridium for $8B to build vertically integrated space firm

PFC absorbs REC in $132B merger deal, Persistent Systems buys Nagarro at 140% premium, Fed trapped between inflation and slowdown

South Korea KOSPI drops 10% triggering trading halt, US M&A hits record $1.89 trillion with most stock-financed deals since 2001, Micron overtakes Nvidia as most-traded US stock after record earnings

OpenAI pushes IPO to 2027 as Sam Altman holds firm on $1 trillion valuation, Chinese equities shed ¥1.5 trillion in major sell-off, Barclays warns summer volatility may persist amid rising Fed hike odds

May PCE inflation rises to 4.1% three-year high closing door on rate cuts, Micron posts 346% revenue surge on AI memory boom with record 84.9% gross margin, BlackBerry reports first positive operating cash flow in nine years on QNX and AI growth

Micron shatters Q3 earnings expectations on AI memory demand, May PCE inflation hits multi-year highs above Fed target, India's PFC and REC prepare landmark merger vote

SpaceX raises $25 billion in debut bond deal amid near-$90 billion in orders, Micron earnings set to gauge AI infrastructure momentum, S&P 500 top-10 concentration surpasses dot-com era peak at 40% of index

Nasdaq drops 2.21% in chip-led sell-off erasing $1T+ in value, South Korea's KOSPI tumbles 10% triggering circuit breaker, Cerebras posts 92% revenue jump but margin guidance sinks shares 10-14%, SK Hynix targets record-breaking $29.65B Nasdaq ADR listing on July 10

CRH acquires Arcosa for $8.5 billion in infrastructure consolidation play, AbbVie bets $10.9 billion on next-generation eczema drug Apogee Therapeutics, SpaceX trades near $185 as valuation debate intensifies post-IPO

Bitcoin surges past $65,000 with $155M in liquidations, crypto market cap gains $50 billion, Alan Greenspan dies at 100

US-Iran peace framework signed but Swiss talks collapse casting doubt on deal, Fed Chair Warsh signals hawkish tilt and retires forward guidance, Jio Platforms files India's largest-ever IPO draft papers at $133 billion valuation

Jio Platforms files for India's largest-ever $3.8B IPO targeting debt paydown, S&P 500 Q2 earnings growth tracking near 22% YoY beating estimates, Accenture guidance cut triggers 6% Nifty IT crash with Infosys at five-year low

Fed Chair Kevin Warsh chairs first FOMC meeting amid three-year inflation highs, May retail sales beat forecasts at 0.9% but tax refund boost raises questions, global M&A hits five-year high with megadeal surge

SpaceX sets IPO record at $75 billion, Musk becomes first trillionaire, SpaceX acquires AI coding tool Cursor for $60 billion, Fox Corporation buys Roku in $22 billion streaming deal

US-Iran peace deal sends oil to three-month lows, Strait of Hormuz set to reopen, SpaceX closes at $161 on Nasdaq debut with $2.1 trillion market cap, historic $75 billion capital raise dwarfs all prior IPO records

SpaceX raises $75B in history's largest IPO and makes Musk the first trillionaire, Adobe posts record revenue but CFO departure triggers 9% stock drop, SK Hynix targets $14B Nasdaq debut as early as August

May payrolls crush expectations at 172K vs. 85K forecast, Broadcom and CrowdStrike beat earnings but fall on guidance misses, Coinbase launches SpaceX pre-IPO perpetual futures ahead of June 12 Nasdaq debut

Broadcom shares plunge 15% after unchanged AI guidance disappoints, MicroStrategy logs record $10.8B Bitcoin unrealized loss, North American M&A hits $315B in May