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Category: Markets
Jeff Bezos's space venture, Blue Origin, is reportedly looking to raise $10 billion in its first-ever external funding round. The company has been valued at $130 billion pre-money, according to a New York Times DealBook report. The move comes as investor interest in space companies has surged after SpaceX's recent IPO last month.
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Oil is surging, and Apple announces more investments into U.S. manufacturing.
OpenAI's chief rival, Anthropic, recently restored access to its latest models following a weeks-long clash with the government.
Kusumgar Limited's IPO saw robust interest on its first day, subscribing 3.67 times with 3.99 crore shares bid against 1.08 lakh available. Non-institutional investors led the demand. The issue closes July 10, with a price band set between ₹398 and ₹419.
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Bezos' Blue Origin is raising outside capital in a round valuing the rocket company at $130 billion, sources told CNBC's Andrew Ross Sorkin.
Several key government agencies continue to favour stricter controls on virtual digital assets, even as India has not yet finalised a clear regulatory framework for cryptocurrencies.
US stock futures indicated a weak start on July 8, amid rising crude oil prices and tensions in the Middle East. S&P 500 futures fell 0.8%, while Dow Jones and Nasdaq futures declined 1%. Investor sentiment weakened following US strikes on Iran amidst escalating conflict.
Dow Jones| Nasdaq | US Stock Market Today | Live: US stock futures tumble as Trump says Iran deal is 'over', oil climbs
India's benchmark bond faced a dramatic decline, its most significant drop in over three months, primarily driven by a surge in oil prices linked to geopolitical tensions. This alarming rise in crude prices threatens India's economic growth and inflation forecast, leading to a substantial uptick in bond yields and swap rates. Despite these challenges, foreign investors remain consistently interested in India's debt markets.
Kevin Weil, the former Chief Product Officer at [OpenAI](https://openai.com) who helped shape ChatGPT's meteoric rise, just joined the board of [Stoke Space](https://stokespace.com), a Seattle-based startup building fully reusable rockets. The move signals growing Silicon Valley interest in next-generation space hardware and marks another high-profile tech executive betting on the commercial space race. Weil's appointment comes as Stoke Space prepares to test its novel rocket design that promises to dramatically cut launch costs. [Stoke Space](https://stokespace.
Kevin Weil's new role at Stoke Space suggests reusable rockets are the next hot thing in Silicon Valley.
There have been few instances over the past 35 years or so when the Fed has only made one rate move, be it up or down.
The US has reinstated sanctions on Iranian oil and launches fresh strikes, reviving fears of disruption in the Strait of Hormuz and raising fresh concerns for India's energy security and inflation outlook.
Article URL: https://www.apple.com/newsroom/2026/07/apple-to-increase-spend-with-broadcom-to-produce-billions-more-us-chips/ Comments URL: https://news.ycombinator.com/item?id=48830565 Points: 102 # Comments: 52
Sebi has announced a modification to its foreign investor registration fees, shifting to a rupee-based model effective in six months. This adjustment stipulates that Category-I FPIs and FVCIs will be required to pay Rs 2.3 lakh. Additionally, the common application will now demand the date of birth from applicants, and depository participants must ensure that all fees are forwarded to Sebi within a five-day period.
[Apple](https://www.apple.com) just dropped its biggest bet on American manufacturing yet. The Cupertino giant is committing over $30 billion to expand its partnership with [Broadcom](https://www.broadcom.com), marking the largest domestic chipmaking investment in the company's history. The move signals Apple's determination to secure its semiconductor supply chain while answering political pressure to bring more tech manufacturing stateside. It's a watershed moment that could reshape how the entire industry thinks about chip production. [Apple](https://www.apple.
Mortgage rates barely moved last week and haven't moved much in more than a month. That is resulting in lackluster mortgage demand.
A new book claims that Mystery, who teaches awkward men how to hit on women, had sex and smoked weed with an AI chatbot named Miss Shira Always.
The Indian stock market faced heavy selling on Wednesday, with benchmark indices falling over 2% amid renewed U.S.-Iran tensions. The Nifty 50 dropped to 23,882, marking its biggest decline since March, and nearly all sectoral indices ended in the red, particularly the Nifty PSU Bank index.
Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears of fresh supply disruptions from the Middle East. Analysts say concerns over the Strait of Hormuz, tighter sanctions and depleted inventories could keep oil prices elevated in the near term.
Despite a sharp sell-off in the broader market, six BSE 200 stocks touched fresh 52-week highs, highlighting resilient investor confidence. The outperformers from retail, pharmaceuticals and energy sectors continued to show strong momentum, signalling sustained buying interest despite market volatility.
The Indian rupee fell to its weakest level in nearly a month on Wednesday. This decline occurred after U.S. President Donald Trump stated the interim accord with Iran was over. Oil prices jumped significantly, renewing fears of Middle East supply disruptions. Indian stocks also dropped sharply, their steepest fall in over three months. Elevated oil prices are expected to pressure the rupee and slow economic growth.
On Wednesday morning, U.S. stock futures took a significant hit as President Donald Trump declared the memorandum of understanding with Iran null and void. This announcement sparked a notable rise in oil prices, leading to a boost in energy stocks during premarket trading. Meanwhile, investors await the release of the minutes from the U.S. Federal Reserve meeting for further insights.
Crypto futures trading in India saw significant growth from smaller cities. Women traders showed lower leverage and preferred specific digital assets. Bitcoin and Ethereum comprised a smaller portion of futures volume. Tamil Nadu led regional participation in crypto futures trading. Traders demonstrated tactical approaches and risk awareness in leveraged products.
Trump has been found liable in two trials for defaming E. Jean Carroll when he denied her claim he sexually abused her in a New York department store.
Apple is expanding its Broadcom partnership in a $30 billion-plus chipmaking agreement, its largest American manufacturing commitment to date.
The president was asked about the ceasefire after an escalation of fighting in the Middle East.
Verity Harding tells WIRED that the US government’s nationalistic attitude toward AI is evidence that a worst-case scenario is taking shape.
OpenAI secures U.S. regulatory green light for GPT-5.6 rollout, Axios report says
Oberoi Realty's debut NCR launch, Three Sixty North, booked ₹8,109 crore—more than the company's entire FY26 sales. Brokerages have raised price targets and growth estimates, though a heavy MMR-focused pipeline and demand risks remain.
State-owned oil marketing companies HPCL, BPCL, and IOC saw their shares drop as crude oil prices surged due to Middle East tensions. Investors booked profits after price declines, with HPCL down 5.4%, BPCL 4.7%, and IOC 3.5%. Existing conditions may pressure OMCs' profit margins.
European shares declined on Wednesday as renewed Middle East tensions and higher oil prices weighed on investor sentiment, while technology stocks traded mixed amid concerns over the sustainability of the AI-driven rally. Airline, banking and auto stocks led the losses, although select technology names and Swedish broadband provider Bahnhof outperformed.
Oil prices rose nearly 6% after US President Trump declared the interim agreement with Iran is over. Details here.
Defence sector Q1 results preview: While reported earnings of defence sector may remain subdued, underlying execution momentum is gradually building, with clearer visibility on recovery expected as conversion accelerates through the year, particularly into H2FY27, analysts said.
Rebellions, the [Samsung](https://www.samsung.com)-backed AI chip startup, is setting its sights on a South Korea IPO as early as next year, CEO Sunghyun Park revealed in an exclusive interview with [CNBC](https://www.cnbc.com/2026/07/08/rebellions-ipo-south-korea-ai-chips.html). The move positions the company to capitalize on surging demand for specialized AI processors while competing directly with [Nvidia](https://www.nvidia.com)'s dominance in the space.
French AI infrastructure startup ZML just made a bold move that could reshape how companies run AI models. The company released ZML/LLMD, a free software tool designed to accelerate AI inference across diverse chip architectures while slashing operational costs. With an endorsement from Turing Award winner Yann LeCun, the Paris-based startup is betting that democratizing inference optimization will position it at the center of the AI infrastructure stack. [ZML](https://zml.
SambaNova Systems just vaulted into the AI chip elite with an $11 billion valuation, powered by fresh funding led by General Atlantic. The Palo Alto-based startup joins a growing cohort of challengers taking aim at Nvidia's stranglehold on AI infrastructure, as investors bet big that the $3 trillion chip market has room for more than one winner. The deal marks one of 2026's largest AI hardware rounds and signals that venture capital is doubling down on alternatives to Nvidia's dominant H100 and B200 chips. [SambaNova Systems](https://sambanova.
China just threw a wrench into [Anthropic's](https://www.anthropic.com) enterprise expansion plans. Beijing's cybersecurity authorities issued an official warning that specific versions of Claude Code contain backdoor vulnerabilities capable of transmitting sensitive information to remote servers - a rare public security alert that's sending shockwaves through the AI development community and raising fresh questions about supply chain security in large language model tools. [Anthropic](https://www.anthropic.com) is facing an unexpected security crisis from an unlikely source.
Article URL: https://tris.sherliker.net/blog/obfuscated-self-evaluating-bash-script-by-cdn-akamai-being-supplied-to-consumers-via-retail-stores/ Comments URL: https://news.ycombinator.com/item?id=48829312 Points: 143 # Comments: 35
Over the course of its financial year, Temasek recorded a gain of S$49 billion and a 10.5% total shareholder return.
U.S. President Donald Trump slammed Spain for not contributing enough to NATO, as he attended the defense alliance summit in Turkey.
Price hikes augur well for the June-quarter revenue growth.
