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Finance
Stories and analysis from The Business Now newsroom.
Crypto
Bitcoin Drops Below $63K After Trump-Iran Tensions Shake Global Markets
Bitcoin came under renewed selling pressure after geopolitical tensions escalated following remarks by U.S. President Donald Trump regarding Iran, sending shockwaves through global financial markets. The world’s largest cryptocurrency briefly fell below the $63,000 mark as investors reduced exposure to riskier assets amid growing uncertainty. The decline was not limited to Bitcoin. Major cryptocurrencies, including...
Business
Apple and Broadcom Extend Multi-Billion Dollar Chip Partnership Through 2031: $30 Billion Deal to Boost U.S. Manufacturing
Apple Strengthens U.S. Chip Supply with Historic Broadcom Partnership Apple has announced a major long-term agreement with semiconductor giant Broadcom, extending their strategic chip supply partnership through 2031 in a deal expected to exceed $30 billion. The agreement marks one of Apple’s largest commitments to U.S.-based semiconductor manufacturing and reinforces its strategy of securing critical...
Business
Global Stock Market Crash Today: Asian Markets Sink as Sensex, Nifty, Nikkei and Shanghai Extend Worldwide Sell-Off
Global financial markets witnessed a broad-based sell-off on Wednesday as investors reacted to rising economic uncertainty, geopolitical tensions, and cautious expectations surrounding central bank policies. Major Asian benchmark indices closed sharply lower, adding to concerns that volatility may continue across global equity markets. Investors worldwide shifted toward safer assets as risk appetite weakened. India’s benchmark...
Finance
Stock Market Crash Today: Sensex and Nifty Tumble as Oil Prices Surge, Global Tensions Shake Investor Confidence
Indian Stock Market Ends Deep in the Red as Global Uncertainty Triggers Heavy Selling Indian equity markets witnessed one of their sharpest declines in recent weeks on Wednesday, July 8, 2026, as investors rushed to reduce risk amid escalating geopolitical tensions and a sharp rise in crude oil prices. Benchmark indices Sensex and Nifty 50...
Finance
Gift Nifty Falls 129 Points: Will Nifty Open Lower Today? Market Outlook for 8 July 2026
Gift Nifty Falls 129 Points: Will Nifty Open Lower Today? Market Outlook for 8 July 2026 Indian equity markets are likely to begin Wednesday, 8 July 2026, on a cautious note after Gift Nifty closed at 24,254.50, down 129 points (-0.53%). The overnight decline indicates that investors remain cautious ahead of key global events, including...