Apple briefly crossed a $5 trillion market cap on July 28, joining Nvidia as the only companies to hit that mark, as CEO Tim Cook prepares to hand over to John Ternus on September 1.
Category: Markets
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Coca-Cola Raises Full-Year Guidance After FIFA World Cup Lifts Q2 Volume
Coca-Cola beat Q2 estimates July 28 as FIFA World Cup demand drove 5% unit volume growth — its best in 17 years — prompting a raise in full-year guidance.
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Chip Stocks Slide as AI Capex Fears Grip Markets Ahead of FOMC
Semiconductor shares led Monday’s market decline, with Nvidia down 5%, AMD off 5.2%, and Sandisk shedding 11% on fears that circular AI financing could unravel if hyperscalers scale back data-centre spending.
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Brent Crude Falls 5% as Iran-US Pause Eases 13-Day Supply Threat
International oil benchmark Brent crude fell roughly 5% on July 27 after the US halted strikes on Iran and Tehran signalled it would reciprocate, reversing part of the war-driven premium that had pushed prices above $100 a barrel.
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Gold Holds Bear Market Territory, Down 27% from January’s Record High
Spot gold traded at around $4,059 on July 25, extending a decline of more than 27% from its January peak of $5,597, as sticky inflation delays Federal Reserve rate cuts.
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Tokenized Stocks Hit $2.3 Billion All-Time High as DTCC Clears Its First Live Blockchain Trades
The global market cap of tokenized equities reached a record $2.3 billion in mid-July 2026, nearly doubling since March, as the DTCC completed its first live settlement of tokenized US securities on 15 July.
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Alphabet and Tesla Trigger Nasdaq Selloff as AI Capex Concerns Grip Markets
Alphabet fell 7% and Tesla posted negative free cash flow as Q2 results raised fresh doubts about AI return on investment, dragging the Nasdaq 100 down 1.9% on Thursday.
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Ionic Digital to List on Nasdaq July 28 at $2 Billion in Celsius Rebirth
Ionic Digital, born from Celsius Network’s bankruptcy, lists on Nasdaq on July 28 under IOND at a $2 billion valuation, backed by Oaktree, Citadel and Attestor.
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Brent Hits $91 as Houthi Blockade Adds Second Strait to Oil Supply Threat
Brent hit $91.05 on July 21 as the Houthi naval blockade of Saudi Arabia threatened to close the Bab al-Mandeb, adding a second oil chokepoint to the Red Sea supply crisis.
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CXMT Prices Asia’s Largest IPO of 2026 at $8.6 Billion
China’s leading DRAM chipmaker Chang Xin Memory Technologies priced an $8.6 billion Shanghai listing with 212-times investor demand, targeting a debut on July 27 at an $85 billion valuation.