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U.S. Concludes 11th Round of Iran Strikes as Pentagon Says War Cost Has Reached $37.5 Billion

The United States has entered a new phase of its military campaign against Iran after completing the eleventh consecutive round of airstrikes targeting Iranian military infrastructure. At the same time, the financial cost of the conflict has become a growing focus in Washington after …

Nitish Kishor | 22 July 2026

AI Chip Stocks Extend Global Rally as Samsung and SK Hynix Lift Asian Markets Ahead of U.S. Semiconductor Earnings

Global semiconductor shares extended their recent advance as investors continued to position for sustained artificial intelligence-driven demand across the technology supply chain. The latest gains were led by South Korea, where theKospi Indexclimbed4.6%, supported by strong advances inSamsung Electronics (KRX: 005930)andSK Hynix (KRX: 000660). …

Nitish Kishor | 22 July 2026

BOJ Signals Rising Inflation Risks as Japan's Central Bank Weighs Faster Interest Rate Hikes

For much of the past two decades, the Bank of Japan has stood apart from other major central banks by maintaining exceptionally accommodative monetary policy to combat persistent deflation and weak domestic demand. That era is gradually giving way to a more conventional policy …

Nitish Kishor | 22 July 2026

Japan Signals Readiness for Currency Intervention as Yen Falls to a 40-Year Low

Japan has once again placed foreign exchange markets on alert after signalling that it is prepared to take decisive action to support the yen if necessary. The warning follows the Japanese currency's slide to its weakest level against the U.S. dollar in nearly forty …

Nitish Kishor | 22 July 2026

Tesla (NASDAQ: TSLA) Earnings Beat Fails to Lift Stock as Pre-Market Decline Shifts Focus to Margins, Guidance and AI Strategy

Tesla (NASDAQ: TSLA) entered its latest quarterly earnings announcement with expectations unusually concentrated on profitability rather than vehicle sales. Investors had already received confirmation of record quarterly deliveries weeks before the earnings release, leaving little uncertainty regarding demand. Instead, the market approached the report …

Nitish Kishor | 22 July 2026

US Premarket Market Outlook: Nasdaq Futures Slide Ahead of Big Tech Earnings as Alphabet Weighs on Investor Sentiment

Wall Street entered Wednesday's session with a notably more cautious tone after a strong rebound in the previous trading day. U.S. equity futures pointed lower across all three major benchmarks as investors shifted their attention from recent gains to one of the most closely …

Nitish Kishor | 22 July 2026

Andy Burnham Accession Triggers Foreign Exchange Volatility as Gilt Yields Adjust to Structural Shift in UK Governance

The transfer of power at 10 Downing Street, where Andy Burnham succeeded Keir Starmer as Prime Minister, represents a critical juncture for domestic governance and sovereign asset repricing. Arriving as the United Kingdom’s fifth leader in four years, the former Mayor of Greater Manchester …

Nitish Kishor | 22 July 2026

Fed Policy Shift and Inflation Dynamics Drive Market Rotation Toward Growth Equities

Recent communications from Federal Reserve leadership, including comments by Fed Chair Kevin Warsh, indicate that structural risks to the inflation outlook have moderated, reshaping market expectations surrounding the trajectory of U.S. monetary policy. Following a prolonged period of elevated borrowing costs designed to restore …

Nitish Kishor | 22 July 2026

SpaceX Valuation Recedes Below IPO Price as Short Bets Expand and High-Growth Tech Multiples Compress

The public market debut of SpaceX(NASDAQ: SPCX)in June marked a historic milestone in capital markets, raising $75 billion at an offering price of $135 per share and initially valuing the entity at $1.77 trillion. Initial secondary trading drove the stock to an intraday peak …

Nitish Kishor | 22 July 2026

Trump Imposes 50% Tariffs on Select Canadian Imports, Raising Fresh Questions Over North American Trade

The United States has introduced one of its most consequential trade measures against Canada in recent years after President Donald Trump signed proclamations imposing an additional 50% tariff on approximately $20 billion of Canadian imports. Implemented under Section 338 of the Tariff Act of …

Nitish Kishor | 22 July 2026
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