Author: Aruna Kaim

South Korean semiconductor giant SK Hynix has officially launched a massive $28 billion U.S. initial public offering (IPO) on the Nasdaq. Trading under the ticker SKHY, the debut is set to be one of the largest corporate equity sales in financial history—trailing only SpaceX’s record $85.7 billion IPO last month, and outpacing Saudi Aramco’s historic $25.6 billion listing in 2019. The move is designed to institutionalize global access to the company, which recently crossed the exclusive $1 trillion market capitalization club following a staggering 273% stock rally this year. The Accessibility Premium: “This is more than a liquidity event. SK…

Microsoft kicked off its new fiscal year by announcing a significant workforce reduction, eliminating roughly 4,800 roles—about 2.1% of its global workforce. The restructuring hits its commercial sales teams and deals a sweeping blow to its Xbox gaming division. Following the announcement, Microsoft shares (Nasdaq: MSFT) dropped 1.4% in Monday trading, compounding a rocky stretch that saw the stock slide nearly 23% in the first half of 2026. Xbox Faces a Deep “Reset” The pain of this round of cuts is heavily concentrated within Microsoft’s gaming operations. Newly appointed Xbox CEO Asha Sharma told employees in a memo that the…

TeraWulf, a company historically focused on Bitcoin mining, has taken a major step in its strategic transition toward artificial intelligence infrastructure. On July 6, 2026, the company announced a 20-year lease agreement with AI developer Anthropic, a deal projected to generate approximately $19 billion in contracted revenue over its lifetime. The Deal at a Glance The agreement centers on a purpose-built AI campus at TeraWulf’s “Justified Data” site in Hawesville, Kentucky. The facility is designed to support 401 megawatts of critical IT load. Development is slated for multiple phases, with the initial capacity expected to come online in the second…

British budget carrier EasyJet has agreed “in principle” to a massive £5.5 billion ($7.3 billion) cash takeover bid from U.S. investment firm Castlelake. The breakthrough comes after EasyJet’s board rejected four increasingly aggressive earlier offers, which they previously called opportunistic attempts to buy the airline “on the cheap.” While the airline’s board says it is finally “minded to recommend” the enhanced 690 pence-per-share cash offer to its shareholders, the stock market’s reaction tells a slightly more cautious story. Why the Stock Surge Comes with a Catch When London trading opened following the weekend announcement, EasyJet shares jumped over 10% to…

Poonawalla Fincorp Ltd. is showing strong signs of bottoming out after a 20% correction from its recent highs. The stock has recorded a decisive breakout from a descending wedge pattern on the daily charts, indicating that the sellers are losing grip and a fresh upward rally is underway. Key Highlights Technical Reversal: The breakout from the falling wedge pattern has effectively reversed the short-term bearish trend, opening up significant upside potential for the Non-Banking Financial Company (NBFC). Expert Targets: Market experts suggest that short-to-medium-term traders can utilize this breakout as a strong entry point. Target & Timeline: Technical analysts have…

Why Financial Services is the FII Gateway When Foreign Institutional Investors (FIIs) turn positive on the Indian economy, the financial services sector is historically the very first place their capital lands. While banking traditionally absorbs the largest chunk of this liquidity, the broader financial services landscape presents diverse opportunities. However, investors must remember that financial services is not a monolith; it is an umbrella encompassing vastly different business models, meaning you need to evaluate individual segments rather than just tracking aggregate capital inflows. Identifying the Opportunities To help you isolate high-potential opportunities, Stock Reports Plus (powered by Refinitiv) provides comprehensive…

The Evolution of the “Blue Chip” There was a time when investors proudly claimed they only owned blue-chip stocks. Today, those investors are a rare breed, and the definition of a blue chip has grown vague. That is completely understandable—as the economy has evolved, so has the criteria. Twenty years ago, a company had to be a Multinational Corporation (MNC) to make the cut. Today, the landscape looks entirely different. The Three Pillars of a Modern Blue Chip To clear up the confusion, a blue chip can be defined plainly by three distinct traits: A Proven Track Record: Management that…

To help investors navigate this week’s volatile market, we have compiled a list of top-performing Nifty50 stocks. These selections are backed by Stock Reports Plus (powered by Refinitiv), an analytical tool that evaluates over 4,000 listed stocks. How the Stocks Are Rated Each stock is assessed and given a standardized average score based on a normal distribution of five core financial pillars: Earnings: Recent performance and growth trends. Fundamentals: Overall financial health and balance sheet strength. Relative Valuation: Price attractiveness compared to industry peers. Risk: Volatility and stability metrics. Price Momentum: Current trading velocity and technical trends. The Selection Criteria:…

Finding the right laptop for college means balancing performance, portability, and value. Ideally, your choice should comfortably last through your entire academic journey without feeling sluggish. With the Amazon Prime Day Sale 2026 concluding tonight (July 6th), laptops are seeing massive price drops of up to 50% for non-gaming models and deep discounts across gaming and creator segments. To maximize your savings, you can stack these price cuts with 10% instant bank discounts using SBI credit/debit cards or Axis Bank credit cards. Eligible big-ticket purchases also qualify for standard bank instant discounts of up to ₹12,000, along with interest-free No-Cost…

Watching a beautiful game on an inadequate screen means missing out on the sharp tactical line, the clean flight of a through ball, and the true energy of a packed stadium. Fast-moving camera pans often turn into a blurry mess on generic, entry-level panels. With Amazon Prime Day 2026 concluding tonight (July 6th), smart TVs are seeing massive discounts up to 65%. On top of standard price cuts, you can leverage instant bank discounts of up to ₹12,000 using select credit cards or up to ₹9,750 on eligible debit card transactions. Here is what actually matters when picking a sports-first…