Bloomberg reported on July 16 that Google’s Gemini 3.5 Pro is months behind internal targets due to coding failures, wiping roughly $200 billion from Alphabet’s market cap in a single session.
Author Archives: newanalytica
Posted inMarkets
Japan Moves Bitcoin and 105 Other Cryptos Under Securities Law
Japan’s parliament passed amendments on July 15 reclassifying Bitcoin and over 105 cryptocurrencies as financial assets under securities law, opening the door to spot Bitcoin ETFs and a flat 20% tax rate.
Posted inEconomy
US June Retail Sales Rose Just 0.2%, Weakest Gain in Five Months
US retail sales grew only 0.2% in June 2026, the smallest monthly rise in five months, as lower petrol prices dragged on receipts even as core consumer spending held up.
Posted inGeopolitics
Iran Escalates as US Bombs Enter Their Seventh Night
US strikes entered a seventh consecutive night across southern Iran on July 17, hitting military logistics and port infrastructure as Tehran vowed to broaden its retaliatory scope.
Posted inWorld
Argentina and Spain Set Up a World Cup Final for the Ages
Spain and Argentina reached the 2026 FIFA World Cup final with wins over France and England respectively, setting up Sunday’s decider at MetLife Stadium.
Posted inTech
ASML Eyes 10% Price Hike on Chip Tools as TSMC Resists
ASML raised its 2026 revenue forecast by up to 25% and is seeking price increases on both its extreme ultraviolet and older deep ultraviolet machines, with Chinese customers already accepting a 10% DUV hike.
Posted inMarkets
Netflix Slides 9% as Q2 Growth Guidance Disappoints
Netflix posted record Q2 revenue of $12.56 billion but guided the next quarter below analyst estimates, sending shares down as much as 9% after hours and extending a 45% slide from the stock’s June 2025 peak.
Posted inEconomy
Bank of Korea Raises Rates for First Time in Three Years
South Korea’s central bank raised its benchmark rate to 2.75% on July 16, ending 13 months of policy inaction as record chip exports push inflation above target and the won tests the 1,500 per dollar level.
Posted inGeopolitics
UK Fast-Tracks Project Nightfall Ballistic Missile for Ukraine
Britain has signed preliminary contracts for its first domestically developed ballistic missile in more than 50 years, with deliveries to Ukraine targeted for late 2027 and test launches due within a year.
Posted inWorld
Zelensky Fires Ukraine’s Drone-War Architect, Protests Erupt
Volodymyr Zelensky has dismissed Mykhailo Fedorov as defence minister after just six months, triggering street protests in Kyiv, Lviv and Kharkiv over the removal of Ukraine’s drone-warfare architect.