TCS Jumps 6% After Rs 12 Interim Dividend News
July 13, 2026, 5:27 AM EDT. Tata Consultancy Services (TCS) shares jumped 6%, the biggest move in 28 sessions, after the IT firm announced an interim dividend of Rs 12 per share. The record date is July 15 and TCS plans to pay the dividend by July 31. Dividend news often boosts stocks as investors like the direct cash return.
TCS Shares Climb 6% To Log Biggest Single-…
Oxford Nanopore drops 16% after missing H1 revenue targets
July 13, 2026, 5:26 AM EDT. Oxford Nanopore Technologies shares fell 16% as the company reported first-half revenue of £116.5 million, missing its own forecast. Sales dropped 16% in China on export controls and fell 14% in the Middle East as geopolitical issues hit demand. Stripping out China and the Middle East, revenue rose roughly 16% at constant currency. Guidance stays at 21-25% growth for the year, but that depends on more second-half collaboration and licensing income. Oxford still aims to hit adjusted earnings breakeven by fiscal 2027. Cash stood at £234.5 million at the end of June, down from £302.8 million. Applied markets led with clinical sales up 35%. Research revenue slipped 5%. CEO Francis Van Parys said operations and gross margin improved. Interim results come out 19 August.
Oxford Nanopore shares slide 16% after fir…
Micron (MU) Holds Flat as Price Swings Despite $22B in Orders
July 13, 2026, 5:25 AM EDT. Micron Technology (MU) isn’t moving much after that monster 711% rally this year, ending Tuesday at $979.30. The stock sits just above its daily pivot at $977.14. Traders say momentum has stalled, but there’s still $22 billion in customer commitments and a $100 billion backlog in play, so the big picture stays bullish. Daily charts put RSI at a neutral 49.12, and MACD has lost steam, but MU is stuck under its 20-day average while easily topping its 50- and 200-day marks-no sign of a real breakdown. Volatility is still wild, with the average true range close to $98. Watch support at $956 and resistance at $1,011. Hourly charts peg sellers near $1,000, so choppy action could stick around.
Micron Stock Analysis: Neutral Bias Masks …
Goldman Sachs Sees 10% Nifty Rise by June 2027, Backs Banks and Large-Caps
July 13, 2026, 5:24 AM EDT. Goldman Sachs is calling for a 10% move up in the Nifty index by June 2027. The bank points to foreign investor sentiment turning better after a stretch of outflows. Goldman says banks and large-caps should lead gains, favoring these groups in its view. The tone is cautious but the bank is positive on these segments for now.
Goldman Sachs sees 10% upside in Nifty by …
ASX 200 Dips Into Gains as Most Shares Fall, Oil Jumps on Hormuz Strain
July 13, 2026, 5:23 AM EDT. The S&P/ASX 200 eked out a 0.028% gain to 8,808.5 Monday, even as decliners (678) beat out gainers (405). The index stayed positive mainly thanks to heavyweights in banks, energy, and telcos holding the line. Brent crude shot up 4.3% to $79.31 after reports of U.S.-Iran clashes and Iran saying it shut the Strait of Hormuz. Bond yields and the dollar both climbed. There were some deals in gold stocks, but tech and gold miners slid. Analysts flagged fatigue and uncertainty with geopolitical risks still in the mix. Market attention turns to U.S. inflation data and China numbers this week, which could test the big banks and energy names. The ASX 200 VIX volatility index added 6.5% to 11.12, a sign of rising nerves.
ASX 200 Just Edged Up, Most Stocks Down at…
StoneCo (STNE) flagged for GARP strategy as growth, value metrics line up
July 13, 2026, 5:22 AM EDT. StoneCo NASDAQ:STNE gets attention for its 24.39% earnings growth rate, a low 0.24 PEG ratio, and a strong 28.69% return on equity (ROE). Debt levels look manageable. The numbers fit Peter Lynch’s Growth at a Reasonable Price approach, looking for stocks with both growth and value. StoneCo shows up as a potential buy-and-hold pick for investors eyeing steady growth and limited risk.
StoneCo (NASDAQ:STNE): A Classic Growth at…
FTSE 100 edges lower as AstraZeneca, HSBC slip; BP and Shell up
July 13, 2026, 5:21 AM EDT. The FTSE 100 shed 0.1% to 10,486 on Monday, with AstraZeneca down 1.4% after poor trial news and HSBC off 0.6% on a downgrade. BP rose 2.2% and Shell gained 1.1%. Both got a lift as Brent crude rallied 4.3% to $79.31 with Iran tensions in focus. Losses in bigger names pulled the index into the red despite some strength elsewhere. FTSE 250 lost 0.18%. Housebuilders including Persimmon climbed 3% after fresh talk of government aid. UK 10-year gilt yields edged up to 4.91%. Sterling slid 0.2% to $1.3383. Investors chased energy stocks for safety, while blue chips traded mixed on rate and geopolitical jitters.
FTSE 100 slips while most London blue chip…
Alaska Air (ALK) Nearly Doubles Portland-Tampa Seats, Adds Wenatchee Route
July 13, 2026, 5:20 AM EDT. Alaska Air Group NYSE:ALK plans a 97% jump in capacity between Portland and Tampa from Nov. 20 through March 28, 2027, putting daily 178-seat flights on the 1,782-mile stretch. That adds up to 6.21 million available seat miles (ASM) on the route. The carrier is also starting daily Portland-Wenatchee flights Oct. 3, looking to feed more traffic into its network. No other airline flies Portland-Tampa nonstop right now. Delta Air Lines NYSE:DAL is boosting LAX-Tampa flights. Alaska moves ahead of its Q2 earnings, with higher fuel costs set to add up to $600 million for the quarter. The latest schedule push keeps Alaska focused on West Coast-Florida as it weighs pricing and demand questions.
Alaska Airlines leans into Portland with 9…
AT&T NYSE:T Drone Test Grabs Spotlight as 5/3-Comerica Merger Skews Stock Alert
July 13, 2026, 5:19 AM EDT. That 186% jump in Fifth Third Bancorp’s AT&T stake came from the Comerica merger, not fresh buying. Actual holdings dipped 0.6% in Q1. On the tech side, AT&T and Ericsson ran a live drone detection demo at AT&T Stadium, using standard cellular networks for real-time tracking without new sensors, tapping ISAC. Executives called it a step for the 6G roadmap. No word yet on a rollout. For investors, that test is likely more important than the stock-holding headline.
AT&T’s “186% Buy” Headline Masks a Merger …
Dollar dips after Iran news; yen hits 40-year low on pension fund signal
July 13, 2026, 5:18 AM EDT. The U.S. dollar slipped Monday as traders weighed fresh missile strikes involving U.S. and Iranian forces around the Gulf and Iran’s resealing of the Strait of Hormuz. Oil moved up, with Brent crude rising 3% to $78.50 a barrel, giving the dollar a short boost before it pulled back. The dollar index fell 0.2% to 100.83. Analysts say the dollar isn’t responding as forcefully as in past crises, with markets factoring in recent Federal Reserve rate hike bets. The Japanese yen tumbled to its weakest in four decades at 162.05 per dollar, after reports Japan will keep pension fund allocations steady, pushing back on earlier talk of more domestic investment. Traders are watching for any move from Tokyo to step in on the currency.
Dollar wavers amid renewed Iran attacks, y…
Nasdaq Futures Drop as Oil Jumps, TSMC Revenue Fails to Lift Tech
July 13, 2026, 5:17 AM EDT. Nasdaq-100 futures dropped 1.25% Monday, underperforming S&P 500 and Dow futures as Brent crude climbed past $79 a barrel on U.S.-Iran worries. Taiwan Semiconductor Manufacturing Co posted a 67.9% revenue surge for June, but tech names stayed in the red. Bond yields moved higher, with the two-year Treasury yield hitting its highest since early 2025. Traders see a 50.9% chance of at least two more Fed rate hikes by year-end, according to FedWatch. Strong earnings from some S&P 500 companies weren’t enough to ease concern over tech cash flow and broader economic fallout, leaving investors on edge before big bank results this week.
Nasdaq Futures Drop; Oil Market Move Trump…
Europe Stuck With Jet-Fuel Shortage as Stocks Dip, U.S. and APAC Still Have Surplus
July 13, 2026, 5:16 AM EDT.European shares slipped 0.2% on July 13, with travel and leisure names like Deutsche Lufthansa and Air France-KLM dragging down the sector. Europe is dealing with a jet-fuel deficit near 600,000 barrels per day (bpd) this quarter, exceeding the combined surplus from the U.S. (116,000 bpd) and Asia-Pacific (425,000 bpd). That leads to a net gap of about 59,000 bpd before any logistical constraints. Jet fuel stocks in Europe now cover less than 30 days of demand. Brent crude added 4.3% to $79.31 a barrel as Strait of Hormuz risks persisted. Energy stocks moved up, but tech names slipped, as fuel and rates stayed in focus. Airlines say hedging covers 80% of their fuel, but actual supply shortfalls remain. Supply sources in Europe are still in flux.
Europe’s Stock Index Barely Fell — but Its…
Apple iPhone 18 Pro Max Could See $200 Price Jump on Rising Component Costs
July 13, 2026, 5:15 AM EDT. Apple Inc. is looking at a possible $200 price hike for the iPhone 18 Pro Max as production costs climb, mostly from more expensive memory parts like NAND flash. Counterpoint Research says the bill of materials for the 12GB, 1TB version may go up by almost $300, which would put more pressure on margins even with a higher retail price. Last quarter, Apple’s iPhone sales hit $56.99 billion, lifted by solid demand for the higher-end Pro models. Pricing for the next launch in September could go higher for big-storage phones, and Apple might widen the price gap between storage tiers. Component supply challenges and moves from rivals such as Samsung and Google are factors in Apple’s pricing plans.
Apple’s iPhone 18 Pro price could jump $20…
Toyota to Spend $3.6B Adding 150,000 Tacoma Units in San Antonio at $24,000 Cost Per Truck
July 13, 2026, 5:14 AM EDT. Toyota Motor is putting $3.6 billion into expanding its San Antonio plant to add 150,000 more Tacoma units per year, at a designed output cost of $24,000 per unit. The new line opens in 2030 and will cover about 52% of U.S. Tacoma sales. Mexico will remain key to Tacoma supply. The move comes after Toyota North America posted a $1.9 billion tariff loss, but the company says tariffs did not drive the decision-it’s part of a longer-term manufacturing plan. Public incentives will pick up 8.4% of costs, including $186 million in tax breaks. CEO Ted Ogawa pointed to Texas’s workforce and innovation as reasons for the project, which will consolidate Toyota’s truck operations in the state.
Toyota’s $3.6 Billion Tacoma Move to Texas…
Helen Mirren Puts Hollywood Hills Home Back on Market for $13M Post-Renovation
July 13, 2026, 5:13 AM EDT.Helen Mirren has put her Hollywood Hills estate back on the market, asking $13 million after a major renovation. That’s a notable price cut from earlier listings. The property is back up for sale after renovations, and Mirren is looking to move it as Los Angeles luxury real estate demand shifts.
Helen Mirren relists her longtime Hollywoo…
Kongsberg Gruppen Q2 bookings come up short, stock drops
July 13, 2026, 5:12 AM EDT. Kongsberg Gruppen’s Q2 orders rose 53% to 17.07 billion kroner ($1.75 billion) but fell short of what analysts expected. The shares slipped as much as 9%. The main miss was due to a delay in counting a $400 million missile system contract for Kuwait with Raytheon. Adjusted numbers matched estimates. The Norwegian defense group, which has ramped up production as European defense spending rises, is trying to triple revenue by 2029 and go four times higher by 2033. CEO Eirik Lie said demand is growing in undersea and space security. Big backlogs and what the company calls strong market momentum are supporting the targets.
Kongsberg misses order intake estimates, s…
KOSPI Sinks 9% as Tech Stocks Tank, Circuit Breaker Hits on Middle East Jitters
July 13, 2026, 5:11 AM EDT. KOSPI plunged 8.95%, losing 669 points to finish at 6,806.93, hammered by a wave of tech stock selling after SK hynix’s U.S. offer. The rout set off a circuit breaker, the seventh so far this year. Weak sentiment tracked rising tensions in the Middle East, with U.S. and Iranian strikes near the Strait of Hormuz adding to the nerves. Samsung Electronics lost 10.7%. SK hynix shares fell 15.37%. Institutional and foreign players net sold 3.92 trillion won. Retail investors stepped in, picking up a net 3.9 trillion won. The won slumped to 1,503.4 per dollar. Bond yields rose as traders cut risk and booked profits in tech.
Seoul shares nose-dive 9 pct on tech losse…
Dividend Growth Funds Trail Broader TSX Over Decade
July 13, 2026, 5:10 AM EDT. The S&P/TSX Canadian Dividend Aristocrats Index posted a 10.3% CAGR over the 14.5 years to June 2023. Alternative weightings did better: size-weighted portfolios of these stocks ran at 11.8% CAGR, and equal-weighted portfolios at 11.4% CAGR, both ahead of yield-weighted. Chasing only the top 10% yielders lagged, with a 9% return, under the S&P/TSX Composite Index’s 10.9% CAGR. The iShares CDZ ETF, which follows the aristocrats index, has returned 10.7% a year over a decade, falling short of the broader, lower-cost iShares XIC ETF’s 12.8% CAGR. Investors focused on dividend yield should be careful: extreme yields (10%+) can flag trouble for Canadian stocks.
The dividend strategy that beat the TSX ov…
Amerigo Resources (TSX:ARG) Sets Special Dividend; Questions on Payouts and Strategy
July 13, 2026, 5:00 AM EDT. Amerigo Resources (TSX:ARG) said it will pay a special cash dividend of C$0.18 a share on August 6, 2026, to holders as of July 13, 2026. That’s on top of its regular dividends and share buybacks. Management keeps focusing on capital returns, pointing to solid earnings and strong ROE. Investors are watching cash flow and cost control from the copper miner. The new special dividend brings up questions about the sustainability of payouts and how much room Amerigo has in its balance sheet as it deals with shifting commodity prices and output goals. Valuations right now put the stock around 20% below fair value, with estimates from C$7.00 to C$8.75, showing the split in market views on Amerigo’s cash strength and capital moves.
Does Amerigo Resources' (TSX:ARG) Special …
Stocks Slide, Yields Jump as Oil Climbs on Middle East Worries
July 13, 2026, 4:59 AM EDT. Stocks sold off and government bond yields pushed higher Monday as new U.S.-Iran tensions sent oil prices up sharply. Brent crude rallied 3.8% to $78.86 a barrel after Iran said it closed the Strait of Hormuz, a major shipping lane. The dollar gained as traders leaned toward more Fed rate hikes. MSCI’s world stock index dropped 0.38%, led lower by tech. South Korea’s KOSPI tumbled 7.6% after heavy selling in chipmakers, following SK Hynix’s 14% jump in its Nasdaq debut. Markets are watching U.S. inflation data set for Tuesday and earnings from major banks, Netflix and General Electric. Some analysts say worries about big AI-related spending are adding to swings.
Shares skid, bond yields rise as Gulf conf…
Futures Drop as U.S.-Iran Tensions Rattle Dow, S&P 500 and Nasdaq
July 13, 2026, 4:55 AM EDT. Futures for the Dow, S&P 500 and Nasdaq fell before the open as traders watched growing U.S.-Iran tension after more attacks. Oil prices are moving up, stoking worries about supply. Big names like Micron, Nvidia and Intel are active as markets head lower out of the gate. Geopolitical risks keep traders on edge, especially in sectors tied to oil and global stability.
Stock Market Today: Dow, S&P 500, Nasdaq S…
Midterm Cycle Patterns Point to Potential 2026 S&P 500 Pullback
July 13, 2026, 4:54 AM EDT. The S&P 500 is up 11% in 2026, but historical trends show the U.S. market often struggles around midterm elections. Since 1957, the index has seen an average intra-year drop of 18% in midterm election years, with a 70% shot at a correction and a 35% probability it will slip into bear market territory. Political uncertainty is the key reason, analysts say. The stretch after midterms usually brings a rebound, with the S&P 500 gaining 14% on average over the next six months. For 2026, analysts see S&P 500 earnings growing 24%, with AI investment driving much of that. Wall Street expects the index to rise 19% by mid-2027. Experts still warn against selling during volatility, saying market timing is tough.
Will the Stock Market Crash in 2026? Histo…
Mesoblast ASX:MSB Gains 6.25% After Ryoncil Revenue Beat, Eyes on Pipeline and Cash
July 13, 2026, 4:46 AM EDT. Mesoblast Limited ASX:MSB jumped 6.25% to A$2.38 on July 13, 2026. The move came after the company posted early revenue around US$36 million for the June quarter, and US$115 million from Ryoncil in its first full US year. Ryoncil, cleared by the FDA in December 2024 for paediatric SR-aGvHD, has outpaced expectations. Investors are tracking label expansion talks for adult SR-aGvHD, updates on Revascor in heart failure, Mesoblast’s Phase 3 in chronic low back pain, and a year-end cash pile of about US$130 million. The company has moved from years as a pure clinical biotech to posting commercial revenue.
Mesoblast (ASX:MSB) Shares Surge: Why This…
PageGroup (LON: PAGE) Says Q2 Gross Profit Stabilising, Keeps Full-Year Outlook
July 13, 2026, 4:44 AM EDT. PageGroup posted a 0.2% drop in Q2 gross profit to £197.6 million, narrowing from a 4.9% fall in Q1. Americas and Asia-Pacific offset softer Europe, with exec recruitment up 15%. Staff count was cut 1.6%, which helped raise gross profit per fee earner 5%. The £40 million annual cost-saving plan also helped, while net debt was steady at £7 million after paying dividends. PageGroup kept its full-year operating profit target at £28 million, saying market conditions are still mixed and visibility is limited. The group works globally in sectors including finance and tech.
PageGroup Maintains Full-Year Outlook as S…
AIM Sees Fresh Listings, Oil Spike Lifts Infrastructure Stocks, Plus500 H1 2026 Tops Estimates
July 13, 2026, 4:43 AM EDT.London Stock Exchange’s AIM market got new stocks on the board with Cambridge Cognition and Pulsar Helium among the latest listings, showing more interest in growth stocks. The RBC Target 2025 U.S. Corporate Bond ETF stuck to neutral after AI trading signals flashed both buy and short opportunities. Oil jumped 4% as Middle East tensions flared, pushing infrastructure and shipping names like QXO and Mader Group higher, both looking at revenue gains on stronger commodity prices. Plus500 said customer income climbed 24% in H1 2026 with user activity rising, sports prediction making inroads in the U.S., and Canadian OTC trading up, as the fintech left its full-year outlook unchanged.
Stock Market Today: Live Updates 13.07.202…
Burry Shorts Big AI Names, Says It’s ‘Beginning of the End’ for the Sector
July 13, 2026, 4:42 AM EDT. Michael Burry, who called the 2008 housing collapse, is betting against AI stocks like Applied Materials, Tesla, Caterpillar, and iShares Semiconductor ETF. He’s pointing to overvaluation after sharp gains. AI-linked stocks have pushed major indexes up double digits in three years, driven by hopes for major tech impacts and nearly $700 billion in expected 2024 investment. But Burry and some others doubt if those bets will deliver future revenue. His move stands out as AI excitement stays high, with Micron and Sandisk up 300% and 800% this year. Burry’s trades show unease about AI valuations as markets swing.
Does "The Big Short's" Michael Burry Know …
US Stock Futures Gain With S&P 500 Up 0.4%; Investors Eye Inflation and Earnings
July 13, 2026, 4:41 AM EDT. US stock futures were higher, with E-mini S&P 500 contracts up 0.4% as inflation eased and global growth stayed mixed. French inflation hit 1.8%, giving some relief to central banks on rate hikes. But weaker factory data from Italy and Turkey pointed to softer manufacturing. With big earnings ahead, investors moved toward safer stocks. JPMorgan, Wells Fargo, Citigroup, Goldman Sachs and Bank of America are due Tuesday, with BlackRock and regional lenders next on Wednesday. Moderna slid 10.8% on worries about vaccine demand. Okta and MongoDB were also lower even after positive analyst calls. Results from banks will show more on lending and credit.
US Stock Market Today: S&P 500 Futures Ris…
JPMorgan AI agent tops 60/40 portfolio, takes on less risk
July 13, 2026, 4:40 AM EDT.JPMorgan says its AI agent sifts through market and economic data and comes out ahead of the standard 60/40 portfolio, which splits holdings 60% stocks, 40% bonds. The bank says its model not only posts stronger returns but does it with lower risk. Use of artificial intelligence is rising in portfolio management as firms look for ways to boost results and smooth out volatility. JPMorgan says this tech gives investors another option apart from traditional mixes.
There’s good and bad news if you want to c…
BofA Sticks With Bullish China View, Bets on AI and Tech for Q3 2026
July 13, 2026, 4:39 AM EDT. Winnie Wu, Bank of America Global Research’s APAC equity chief, is sticking with her call for strong gains in China’s A-shares into Q3 2026. Wu said the rally in AI and tech should keep pushing Chinese stocks higher. As long as AI stays a global focus, China’s market could beat. The bank’s view stays closely tied to investor demand for innovation and tech growth names in the region.
BofA: AI and tech will continue to drive C…
China's Aerospace IPO Push Puts Pressure on SpaceX's Lead
July 13, 2026, 4:38 AM EDT.China’s aerospace industry is turning up the heat on SpaceX’s lead as a wave of companies line up to go public. At least 15 commercial space players are preparing IPOs in Shanghai and Hong Kong. LandSpace Technology, seen as a competitor to SpaceX, has restarted its IPO review and is looking to raise $1.1 billion. CAS Space and Beijing Minospace Technology also took steps forward on Shanghai’s Star Market. IPO funds will back new reusable rocket projects. LandSpace recently ran a successful static fire test on its Zhuque-3 engine. Separately, China pulled off a first with a Long March-10B rocket net-based recovery, a different tactic from SpaceX’s automated landing system. With fresh capital and new tech, Chinese firms look to break into the global launch market that SpaceX and Elon Musk currently dominate.
The new space race: how China plans to bre…
New Admissions on AIM: London Stock Exchange Adds Cambridge Cognition, Everyman Media, Pulsar Helium, Potentially AI
July 13, 2026, 4:24 AM EDT. The London Stock Exchange brought several fresh names to trading on its AIM market on July 13, 2026. The new arrivals include 7.4 million shares from Cambridge Cognition Holdings plc, 104,311 shares from Everyman Media Group plc, more than 25 million common shares from Pulsar Helium Inc, and 382 million shares from Potentially AI PLC. AIM, which targets smaller companies, added these listings as activity picked up among growth stocks.
RBC Target 2025 U.S. Corporate Bond ETF (RUQN.U) stays neutral, AI model drives trading calls
July 13, 2026, 4:23 AM EDT. RBC Target 2025 U.S. Corporate Bond ETF (RUQN.U:CA) kept neutral ratings in the near, mid, and long-term, latest AI signals show as of July 13, 2026. The AI model pointed to buying around 14.91 Canadian dollars with a 15.03 target and stop at 14.84. For shorts, the signal triggers near 15.03 with a target at 14.91 and stop at 15.11. The AI-generated data delivers time-stamped guidance aimed at traders following the bond ETF’s price moves.
When the Price of (RUQN.U) Talks, People L…
Oil up 4% as Mideast worries lift infrastructure names QXO, Mader Group
July 13, 2026, 4:13 AM EDT.Oil prices climbed 4% as Middle East tensions rattled global trade, putting a spotlight on infrastructure and shipping stocks vulnerable to supply chain shocks, including those tied to the Strait of Hormuz. QXO, listed on the NYSE and selling building products in the U.S. and Canada, is pushing expansion with deals like TopBuild. The company is targeting over US$18 billion a year in revenue, up from US$8.6 billion, and leans on AI tools to try to improve margins, even as it deals with losses and funding concerns. Australia’s Mader Group (ASX:MAD), now worth A$1.62 billion, supplies services for mining, energy, and transport. It is chasing revenue gains helped by demand for maintenance and logistics as energy prices rise. Analysts see both QXO and Mader positioned for solid earnings with commodities swinging.
Oil Prices Are Rising, But These Infrastru…
Plus500 Hits Record H1 2026 on U.S. Growth, Product Launches
July 13, 2026, 4:12 AM EDT. Plus500 posted record first-half 2026 numbers. Customer income jumped 24% to $460.8 million and total revenue climbed 12% to $462.9 million. EBITDA came in at $187.5 million. New customers were up 17% and active users rose 10%. The fintech added CFTC-regulated sports prediction markets in the U.S. and rolled out a Canadian OTC trading platform, plus strengthened its Japan business. Plus500 now offers 24-hour weekday trading on select products, a nod at new features. The company ended the half with over $850 million cash, no debt. Management kept full-year 2026 guidance, pointing to growth in both OTC and exchange products and a diversified model.
Plus500 Delivers Record First-Half Results…
Me Group (LON:MEGP) Jumps 13% as Trading Picks Up Post-France Dip
July 13, 2026, 4:11 AM EDT. Me Group International shares jumped 13.1% to 116.96p after the company said trading picked up following a slowdown in France, its biggest market. Revenue for the six months to April 30 edged up just 0.3% to £154.3 million, while underlying EBITDA grew 7.1% to £57 million. Profit before tax dropped 3.8% to £32.7 million, with management blaming softer equipment sales and less vending business. Revenue from Wash.ME laundry machines recovered after May, up 16.3% at £54.8 million, now making up more than 38% of group sales. The group installed 499 new laundry machines and says it is targeting 1,300 installs in 2026, helped by deals with ASDA and French rail groups SNCF and RATP. Me Group is guiding for 2026 profit before tax of £69 million to £74 million, down from £78.2 million last year.
Me Group jumps as trading improves after F…
QQQ Tops S&P 500 With 19% Annualized Return Over 10 Years
July 13, 2026, 4:08 AM EDT. The Invesco QQQ Trust (QQQ) posted an 18.97% annualized gain over the last decade, ahead of the S&P 500’s 14.15%. QQQ tracks the Nasdaq-100, leaning heavily on tech, with names like Nvidia, Apple, and Micron among its biggest. The top 10 holdings make up 45% of the portfolio, which has pulled in much of the run-up in AI stocks. QQQ is up 18% for the year so far, beating the S&P 500’s 10%. Assets stand at $490 billion, and the ETF charges a 0.18% expense ratio. Still, past outperformance doesn’t mean future results will match as markets shift.
1 ETF That Has Quietly Beaten the S&P 500 …
SK Hynix Drops Over 12% After Friday Nasdaq Rally
July 13, 2026, 4:00 AM EDT. SK Hynix shares tumbled more than 12% on Monday, pulling back after the stock jumped about 13% in its Nasdaq debut on Friday. Monday’s selloff comes as IPO names see volatile trading this year. The drop weighed on South Korea’s KOSPI index. SK Hynix listed on Nasdaq as chip stocks remain in focus with investors shifting sentiment globally.
