Latest News
Oracle Stock Rises Despite S&P Downgrade; $20B Share Sale Looms
Oracle stock climbs in premarket trading after a credit downgrade, while a $20B share sale threatens dilution.
Nokia's AI Pivot Drives Stock Surge Amid Major Ownership Shifts
Nokia shares have surged 101% year-to-date, driven by AI infrastructure demand. A €696 million ownership change involving employee shares and FMR's stake reduction tests market resilience ahead of Q2 earnings.
eVTOL Stocks Slide: Joby Aviation Down 10% This Week
Joby Aviation (JOBY) shares dropped 10.4% this week, with peer stocks Archer Aviation (ACHR) and Vertical Aerospace (EVTL) also declining significantly.
Mid-Cap Surge Drives Nifty Past 24,200 as Fund Flows Hit ₹6,090 Crore
Indian stocks jumped over 1% on July 10, with the Nifty crossing 24,200. Mid-cap funds saw inflows of ₹6,090 crore in June, signaling a broadening rally beyond IT stocks.
AI Trade Rotation Widens Hong Kong-Korea Performance Gap
A widening performance gap between Hong Kong and Seoul markets signals a rotation in AI-related stocks, with Hang Seng gaining 3.5% while KOSPI lost 7.6%.
European Stocks Edge Higher Despite ASML Drag; Broader Rally Shows
European stocks inched up 0.14% on July 10, 2026, but ASML's 2.32% drop masked a broader rally. Excluding ASML, the STOXX 600 would have risen 0.26%.
Vodafone and easyJet Deal Surge Lifts FTSE
Vodafone and easyJet shares surged on separate deal announcements, lifting the FTSE 100 and FTSE 250 while most stocks remained flat.
SK hynix $26.5B Nasdaq Debut Tests AI Memory Demand
SK hynix's $26.5 billion Nasdaq listing draws strong demand, but U.S. memory stocks slip premarket, signaling potential rotation within the AI sector.
WD-40 Shares Jump After Q3 Earnings Beat and Buyback Announcement
WD-40 shares jumped over 14% after hours following a Q3 earnings beat, raised full-year guidance, and a new $100M buyback. Core maintenance products drove the growth.
IRS Deadline Looms for Taxpayers Seeking Pandemic Penalty Refunds
The IRS has set a Friday deadline for pandemic-era penalty relief claims, putting pressure on tax-prep firms. About 84% of affected filers had income under $100,000.
Fermi's $350M Convertible Note Sale Raises Dilution and Debt Concerns
Fermi shares fell 17% after-hours after announcing a $350M convertible note sale, increasing debt to $789M and raising investor concerns about dilution and project execution.
