Financial Summary: Tuesday, July 8, 2025

Tata Motors faces challenges as Jaguar Land Rover reports a 10.7% decline in wholesale sales for Q1FY26.

Credit Wise Capital plans to raise Rs 200 crore through a share sale to enhance its business capabilities.

Titan Company shares rise following a 20% YoY growth in its consumer business for Q1FY26.

Glen Industries launches its IPO aiming to raise Rs 63.02 crore for eco-friendly packaging manufacturing.

HDFC Bank arranges Rs 532 crore for Adani Group's transmission subsidiary to aid in debt refinancing.

Samsung anticipates a significant drop in second-quarter profits, expected to more than halve due to AI demand struggles.

Adani Group submits an unconditional bid of ₹12,600 crore for Jaiprakash Associates amid insolvency proceedings.

Siemens Energy shares rallied over 3% after Jefferies initiated coverage with a 'buy' rating, projecting significant earnings growth.

Kotak Mahindra Bank shares surged 4% after reporting a 12.9% YoY growth in average deposits for Q1FY26.

Honeywell is reviewing strategic alternatives for two of its businesses as it prepares for a split in 2026.

Zee Entertainment shareholders approved the appointments of Divya Karani and Saurav Adhikari to the board, enhancing governance and strategic direction.

TVS Industrial & Logistics Parks successfully listed its InvIT on the NSE, raising over Rs 1,300 crore.

Tata Steel reported flat crude steel production in Q1FY26 at 5.26 million tons, impacted by maintenance shutdowns.

Boeing delivered 60 airplanes in the last month, marking its highest output since December 2023.

AmpliTech shares rose following an insider purchase amid advancements in 5G technology.

Bit Digital has abandoned its Bitcoin treasury strategy in favor of Ethereum, signaling a shift in its investment approach.

Hershey has appointed the former CEO of Wendy's as its new CEO, aiming to enhance its brand strategy.

Intel has announced layoffs of over 500 employees in Oregon as part of its restructuring plan.

Honeywell's stock is poised for a record close as the company re-evaluates its underperforming businesses ahead of a planned breakup.

Wendy's CEO Kirk Tanner has been appointed as the new CEO of The Hershey Company, effective August 18.

SpaceX is set to achieve a $400 billion valuation in its upcoming share sale, positioning it among the top 20 most valuable public companies in the S&P 500.

Elon Musk publicly criticized Tesla analyst Dan Ives over his suggestions for the company's board, telling him to 'shut up'.

Tech founders are urging Sequoia Capital to clarify comments made by VC Shaun Maguire regarding NYC mayoral candidate Zohran Mamdani.

The IRS has ruled that churches can endorse political candidates without losing their tax-exempt status, following a First Amendment lawsuit.

Joe Rogan highlighted the importance of manufacturing jobs in America, emphasizing their significance to workers' identities.

The TSA announced new plans to allow travelers to keep their shoes on during airport security checks to streamline the process.

The National Housing Bank has mandated housing finance companies to pay interest on advance EMI payments, promoting fair lending practices.

Fund managers are optimistic about Indian banking and consumer stocks following the Reserve Bank of India's rate cuts, which are expected to boost profits and consumer spending.

India's Gen Z is increasingly engaging with gamified financial education, leading to innovation in fintech applications.

Regulators in India are raising concerns about misinformation from 'finfluencers' and advocating for improved financial literacy among young investors.

The Congress party has criticized the Indian government and Sebi for inaction regarding the outflow of 'illegal profits' by US trading firm Jane Street, alleging harm to small investors.

The Indian government has ordered the blocking of over 2,000 accounts on X, including major news outlets, amid ongoing censorship disputes.

The BSE Sensex rose by 270.01 points to close at 83,712.51, fueled by gains in financial and IT stocks amid positive trade deal signals from the U.S.

The Indian rupee strengthened against the US dollar, supported by lower global crude prices and positive foreign institutional investor inflows.

FMCG stocks rallied on positive business updates, driven by expectations of improved demand due to favorable monsoon conditions.

Gold prices are projected to rise significantly, with forecasts suggesting levels could reach Rs 1.02 lakh per 10 grams in the coming weeks.

Alok Industries shares surged 15% following the U.S. imposing tariffs on Bangladeshi imports, boosting Indian textile stocks.

Wolfspeed's shares surged 180% in two sessions following the appointment of a new CFO, attracting renewed investor interest.

Experts have raised their S&P 500 targets, reflecting a positive outlook for the U.S. stock market.

Tuesday's market saw a stealth rotation with notable shifts in sector performance, particularly impacting tech stocks like Nvidia.

Japan's central bank faces challenges with inflation impacting real wages, despite reports of income growth.

The UK's fiscal watchdog warns of significant risks to public finances, affecting economic resilience.

French President Emmanuel Macron begins a three-day state visit to the UK amid ongoing trade tensions.

Former President Trump confirms no extension to the August tariff deadline, with new tariffs set to begin on August 1.

Trump plans to impose a 200% tariff on pharmaceuticals and a 50% tariff on copper imports, raising concerns over inflation.

The U.S. Supreme Court allows the Trump administration to proceed with significant staff cuts across federal agencies.

Trump expresses dissatisfaction with Putin, accusing him of dishonesty, while announcing the resumption of U.S. weapons shipments to Ukraine.

UK Chancellor Rachel Reeves considers tax options to address fiscal challenges, including new levies on the wealthy.