Skip to content

Sam's News — markets — 2026-07-27

TL;DR

Markets

U.S. and Iran Pause Military Hostilities, Stock Markets Rally

The president of the United States paused military action against Iran for three days starting July 25, easing Middle East tensions and sparking a stock rally as oil prices fell sharply.

  • Brent crude fell 6.7% to $90/barrel; other benchmarks down over 7%
  • Trump to meet Israeli PM Netanyahu on Tuesday, July 29
  • Fewer than 10 ships crossed Strait of Hormuz over weekend vs ~100 normally
  • Iran denies 10-day ceasefire report but confirms halt in strikes
  • Ukraine struck Iranian commercial vessel in Caspian Sea, killing one sailor

Sources: NPR Research, Al Jazeera Research, CNBC RSS, CBS News RSS, Yahoo Finance UK RSS, Pittsburgh Post-Gazette RSS

Chinese Chipmaker CXMT Soars 466% in Shanghai Stock Market Debut

Chinese DRAM maker ChangXin Memory Technologies (CXMT) surged 466% on its Shanghai debut, briefly making it mainland China's most valuable listed company.

  • Shares rose from 8.66 yuan IPO price to close at 49 yuan, high of 55.03 yuan
  • Raised 57.92 billion yuan ($8.6bn), largest mainland chip IPO on record
  • Market cap hit ~3.3 trillion yuan ($480-488bn), topping ICBC
  • First A-share stock to top 100bn yuan single-day turnover (141.1bn yuan)
  • Retail orders 212x oversubscribed; institutional demand over 500x
  • Q1 2026 revenue 50.8bn yuan, up 700%+ YoY on AI server demand

Sources: Investing.com Research, The Verge RSS, WSJ RSS, BBC RSS, The New York Times RSS, CNBC RSS

Nvidia Stock Drops 4% Amid AI Spending Concerns

Nvidia shares fell 4% as investors express concern about the company's balance sheet amid massive AI infrastructure spending.

Sources: Investing.com RSS

Shein Swings to $99 Million Loss as Trump Tariffs Impact Sales

Fast-fashion retailer Shein reported a $99 million loss as the president of the United States' tariff policies reduced sales.

Sources: BBC RSS

SpaceX Valuation Down 49% Amid Market Volatility

SpaceX stock has declined 49%, with CEO Elon Musk stating this is expected given current market conditions.

Sources: 24/7 Wall St. RSS

D-Wave Quantum Computing Stock Surges

D-Wave Quantum stock experienced a significant price surge.

Sources: Investing.com RSS

Funding

Jersey Mike's Sandwich Chain Prepares for NYSE IPO with Strong Demand

Jersey Mike's IPO saw demand exceed supply by over 10 times ahead of its NYSE debut.

Sources: Investing.com RSS