South Korean stocks plunged over 4 percent on Thursday, driven by losses in tech shares and lingering doubts over AI profitability following a tech sell-off on Wall Street.
The Pentagon accelerates missile production and signs multi-billion-dollar contracts to restock Patriot, THAAD, and Tomahawk inventories following intense Middle East operations, despite White House denials of shortages.
Eli Lilly reported better-than-expected Q2 2026 results with revenue up 48% to $22.97 billion, driven by its GLP-1 portfolio including Zepbound and Mounjaro, prompting the company to raise its full-year revenue guidance.
Marking the 81st anniversary of the Hiroshima and Nagasaki atomic bombings, an overview examines current global nuclear arsenals held by the US, Russia, China, and other nuclear-armed states.
Following SpaceX's historic stock market listing, thousands of employees have become millionaires, with early engineer Andre Lavoie planning to sell his shares to fund personal projects despite recent market turbulence and heavy AI spending.
Asian technology stocks fell Thursday, tracking U.S. peers in overnight trading and highlighting global tech sector volatility. Major firms like SoftBank, SK Hynix, and Samsung saw significant declines despite analysts maintaining an optimistic outlook on AI investments.
South Korean stocks plunged over 4 percent on Thursday, driven by heavy tech losses amid ongoing doubts regarding the profitability of AI investments, prompting a temporary trading halt.
The US military has exhausted nearly all of its ATACMS and Precision Strike Missiles during its five-month conflict with Iran, sparking internal concerns over readiness for potential conflicts with adversaries like China and Russia.
President Lee Jae Myung calls for integrating military academies to curb coup risks; South Korea's Supreme Court to rule on insurrection charges for former officials; KOSPI spikes 3.5 percent; 10 baseball games canceled due to heat; Unification minister proposes dropping North Korea 'main enemy' label.
Daily turnover of 16 single-stock leveraged ETFs in South Korea fell below 1 trillion won for the first time since May 27, following regulatory measures to curb market volatility.
The US stock market reached record highs on Tuesday, driven by strong corporate earnings reports from companies like Palantir and Caterpillar, alongside a significant drop in international oil prices.
A series of cloudbursts and flash floods across Jammu and Kashmir killed at least 28 people, destroying homes, infrastructure, and threatening indigenous communities in the Pir Panjal mountains and Gurez Valley.
AMD stock dropped 8% in premarket trading on Wednesday despite reporting a 50% rise in Q2 revenue to $11.54 billion, as high investor expectations for AI stocks outweighed the beat.
A consortium led by Saudi Arabia's Public Investment Fund has completed a $55 billion acquisition of Electronic Arts, financed alongside Silver Lake and Affinity Partners. EA stock has ceased trading and will be delisted from Nasdaq.
Europe's Stoxx 600 index closed at a record high of 656.86 points, rising 0.7% on Tuesday. While semiconductor and banking stocks surged in 2026, luxury and auto sectors faced severe struggles amid geopolitical tensions and slowing demand.
Ken Griffin's Citadel posted strong July gains, with its flagship Wellington fund returning 5.9% and record months for its tactical and equities funds, aided by discounted asset purchases from the collapse of Leopold Aschenbrenner's Situational Awareness.
Uwe Kersten (61) arbeitet in einer Kiesgrube. Er muss bis 67 Jahren arbeiten, obwohl viele Kollegen bereits vor dem Renteneintritt ausfallen. Eine DIW-Studie bestätigt die körperliche Belastung in vielen Berufen.
The US military has reportedly exhausted its inventory of high-precision land-based tactical missiles, including ATACMS and PrSM, due to its campaign against Iran, according to sources cited by Reuters. US leadership has dismissed the claims.
Palantir stock surged 29.5% after reporting a 93% increase in Q2 revenue to $1.94 billion, fueled by strong commercial and government demand for AI sovereign tools.
GameStop agreed to swap $1.4 billion of zero-coupon convertible notes for stock to retire one-third of its note principal, while quarterly filings revealed most of its Bitcoin holdings were pledged as collateral to Coinbase Credit.
US Pentagon munitions stocks have dropped to dangerously low levels, primarily due to the war with Iran, with THAAD and Patriot missile supplies heavily depleted, according to CNN sources.
Jeff Bezos filed plans to sell roughly 15 million Amazon shares valued at about $4.1 billion following record stock highs driven by strong quarterly earnings and cloud growth.
Strategy's variable-rate preferred stock, STRC, closed above $90 for the first time in seven weeks, rising 3.2% to $92.32 following company efforts including Bitcoin sales and share buybacks to support the stock.
McDonald's Q2 results were mixed, with US same-store sales rising 0.8% (below expectations) despite global sales growth of 1.3%. CEO Chris Kempczinski cited poor execution of value strategy and franchisee pricing issues. Skye Anderson takes over as US president to boost performance.
