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Markets
Stories and analysis from The Business Now newsroom.
Business
Why AI Chip Stocks Are Powering the US Stock Market While Consumer Giants Struggle
Wall Street opened Thursday with cautious optimism, as investors continued rotating money into artificial intelligence and semiconductor companies while trimming exposure to slower-growth consumer businesses. The broader U.S. stock market traded modestly higher, supported primarily by technology shares. Although major indexes posted only limited gains, investor attention quickly shifted toward one standout performer—Lam Research, whose...
Economy
FII vs DII Activity Today (July 9, 2026): Domestic Investors Overpower Foreign Selling, Keeping Indian Markets Resilient
India’s stock market witnessed another interesting battle between foreign and domestic institutional investors on Thursday, July 9, as Foreign Institutional Investors (FIIs) continued their selling streak while Domestic Institutional Investors (DIIs) stepped in aggressively, helping support overall market sentiment. According to the latest market data: Investor Category Activity Foreign Institutional Investors (FIIs) Sold ₹532.86 Crore...
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...
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...
Economy
Eimco Elecon Q1 Results: Net Profit Rises 6.2% YoY to ₹154 Million, Revenue Sees Healthy Growth
Eimco Elecon Reports Strong Q1 FY27 Earnings Eimco Elecon (India) Ltd. has announced its Q1 FY27 financial results, reporting a standalone net profit of ₹154 million, compared to ₹145 million during the same quarter last year. The latest earnings represent a year-on-year (YoY) growth of approximately 6.2%, reflecting steady operational performance despite challenging market conditions....
Economy
Tesla’s Next Big Bet? SpaceX Merger Speculation, Robotaxi Expansion, and Why Wall Street Is Watching Closely
Tesla Dominates Headlines with SpaceX Merger Buzz and Robotaxi Expansion Tesla is back at the center of Wall Street’s attention after a series of major developments involving SpaceX merger speculation, the expansion of its Robotaxi service to Miami, and fresh analyst optimism about the company’s long-term artificial intelligence strategy. Investors are increasingly debating whether Tesla’s...
GOLD
Gold Price Today: 24K, 22K & 18K Gold Rates in USD & INR (July 9, 2026)
Gold Price Today (July 9, 2026) Gold prices are attracting strong investor attention on Thursday, July 9, 2026, as traders assess the impact of the U.S. dollar, Treasury yields, geopolitical developments, and expectations surrounding central bank policy. While international spot gold remains above the $4,000 per ounce mark, domestic gold prices in India continue to...
Markets
7-Eleven 7/11 Day 2026: Free Slurpees, $1 Deals, and Hawaiʻi’s 48th Anniversary Celebration
Every year on July 11 (7/11), convenience store giant 7-Eleven celebrates its biggest customer appreciation event, known as 7/11 Day. In 2026, the annual celebration is bigger than ever, with free treats, exclusive $1 deals, and special promotions across participating locations. For customers in Hawaiʻi, the celebration is even more meaningful as 7-Eleven Hawaiʻi marks...
Markets
Nintendo Mario Kart Tour Shutdown: Everything Players Need to Know
Nintendo Announces the End of Mario Kart Tour After nearly seven years of mobile racing, Nintendo has officially announced the shutdown of Mario Kart Tour, bringing one of its most successful smartphone games to an end. Since its launch in September 2019, the game introduced millions of players to the Mario Kart universe on Android...