Stock market
- WorldTurkey Gripped by Fund Fraud Scandal: 455,000 Investors Affected, AKP Official ResignsTurkey's stock market dropped 12% after a scandal emerged around investment fund managers artificially inflating worthless stocks. Some 455,000 investors were affected, over 45 people arrested, and the financial regulator shut down funds from seven asset managers. AKP deputy chairwoman Fatma Betül Sayan Kaya resigned amid accusations of improper trading during the crisis.
- Chip Stocks Plunge in US and Asia on AI JittersBusiness
- SpaceX Faces Reality Check One Month After Historic Stock Market DebutTechnology
- BusinessOil Surges to $78, Global Stocks Plunge on Iran-US War FearsGlobal markets tumbled on July 8, 2026 as Iran and the US traded fresh strikes. Brent crude surged from $72 to $78 per barrel, S&P 500 futures fell 0.82%, while Asian markets led by South Korea's KOSPI dropped over 5%. Gold also fell unusually, slipping 2.24% to $4,066 per ounce.
- SpaceX IPO Targets $75 Billion After Merging With xAITechnology
