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Deep dives and daily takes from The Business Now newsroom — across markets, money and macro.
Business
SK Hynix Targets Higher US Offering Price as AI Chip Demand Fuels Investor Optimism
South Korean semiconductor giant SK Hynix is reportedly seeking to price its planned U.S. offering at approximately 3.1% above its latest closing price in South Korea, signaling strong confidence in investor demand and the continued momentum behind artificial intelligence (AI) infrastructure. The move comes as global semiconductor companies remain at the center of the AI...
Global
Iran Reportedly Launches Ballistic Missiles Toward Jordan Military Base: What We Know So Far
Fresh reports circulating on Thursday claim that Iran launched multiple ballistic missiles toward Jordan’s Azraq Military Base, marking a potentially significant escalation in regional tensions. According to early reports cited by state-affiliated media and market alerts, approximately 10 ballistic missiles were reportedly launched toward the military installation. At the time of publication, officials had not...
Economy
US Dollar Holds Steady as Oil Stabilizes While Initial Jobless Claims Fall: What It Means for Markets Today
US Dollar Trades with a Softer Tone as Oil Prices Stabilize The US dollar remained under mild pressure during Thursday’s trading session as crude oil prices stabilized, reducing demand for traditional safe-haven assets. At the same time, fresh labor market data showed that US initial jobless claims declined by 2,000 to 215,000, signaling that the...
Sports/Entertainment
Nifty 50 Today: Market Recovers After Volatility as Banking Stocks Lift Investor Sentiment
After a highly volatile trading session earlier this week, the Indian stock market showed signs of resilience on Thursday, July 9, with the Nifty 50 closing at 23,962.80, up 80.75 points (0.34%), while the Nifty Bank surged to 57,252.45, gaining 509.85 points (0.90%), according to the market update shown in the NSE-linked trading notification shared...
Nasdaq
Why Technology Stocks Are Leading the Nasdaq Recovery: What’s Driving the Market Higher?
As Wall Street navigates a week filled with geopolitical uncertainty, Federal Reserve speculation, and the approaching earnings season, one trend has clearly emerged—technology stocks are once again leading the Nasdaq higher. While investors remain cautious about global events, the technology sector has shown remarkable resilience. Rather than retreating from risk, many institutional investors continue rotating...
S&P 500
How Wars Affect the S&P 500: Why Stocks Don’t Always Crash During Geopolitical Conflicts
How Wars Affect the S&P 500: Why Stocks Don’t Always Crash During Geopolitical Conflicts Whenever a major geopolitical conflict dominates global headlines, many investors expect one thing: a stock market crash. It seems logical. War creates uncertainty, threatens global trade, disrupts supply chains, and often sends oil prices higher. Yet history tells a far more...
Economy
Why Did SpaceX’s Falcon 9 Create a Giant “Space Jellyfish”? The Science Behind the Viral Sky Phenomenon
When SpaceX’s Falcon 9 rocket blasted off from Florida in the early hours of Thursday morning, the mission itself was already making history. The reusable booster completed its 36th successful flight, extending its own record and once again proving why SpaceX remains the global leader in reusable rocket technology. But while aerospace engineers celebrated another...
News
The Pitt’s 25 Emmy Nominations Explained: Every Major Category and Why HBO’s Medical Drama Dominated the 2026 Emmys
The Pitt’s 25 Emmy Nominations Explained: Every Major Category When the 2026 Emmy nominations were announced, one show stood above every other television series. The Pitt earned an incredible 25 Emmy nominations, making it the most-nominated drama of the year and the overall leader at the 78th Primetime Emmy Awards. The HBO Max medical drama...
Economy
Mortgage Rates Today (July 9, 2026): Falling Rates Offer Relief for Homebuyers and Homeowners
Mortgage Rates Continue to Fall, Giving Buyers a Welcome Break After months of elevated borrowing costs, U.S. mortgage rates are continuing their gradual decline, providing encouraging news for both prospective homebuyers and homeowners considering refinancing. The latest market trends show that mortgage rates have eased for several consecutive sessions, helping improve affordability in a housing...