Sam's News — markets — 2026-07-30¶
TL;DR¶
- South Korean stock market enters bear market territory amid chip stock collapse
- Federal Reserve holds interest rates steady as market volatility spikes
- Wall Street recovers from prior day losses as Microsoft and AI stocks rally
- Reformation's IPO sees strong demand despite low pricing
- Jersey Mike's IPO attracts 15x demand for available shares
- Meta extends record losing streak as stock tanks 9%
Markets¶
South Korean stock market enters bear market territory amid chip stock collapse¶
South Korea's stock market fell into bear market status as semiconductor stocks tumbled, with the decline now worse than 1997 and 2008 crises.
Sources: Yahoo Finance RSS, Bloomberg.com RSS, eciks.org RSS
Federal Reserve holds interest rates steady as market volatility spikes¶
The Federal Reserve maintained interest rates as stocks tumbled and bond yields spiked, with the Dow falling 1,000+ points.
Sources: Yahoo Finance RSS, Investor's Business Daily RSS, fool.com RSS
Wall Street recovers from prior day losses as Microsoft and AI stocks rally¶
U.S. stock markets recovered most of the previous day's losses as Microsoft and AI-related stocks rebounded.
Sources: AP News RSS, BNN Bloomberg RSS
Meta extends record losing streak as stock tanks 9%¶
Meta's stock dropped 9%, continuing a record-breaking losing streak amid weak guidance and AI competition.
Sources: CNBC RSS
Nasdaq enters correction territory amid market turmoil¶
The Nasdaq entered correction status following the Fed's interest rate decision and market volatility.
Sources: eciks.org RSS
Micron Technology stock surges amid market recovery¶
Micron Technology's stock jumped as memory chip stocks rallied during broader market recovery.
Sources: Investing.com RSS, Yahoo Finance RSS
Funding¶
Reformation's IPO sees strong demand despite low pricing¶
Reformation's initial public offering generated strong investor demand despite pricing at the lower end of the range.
Sources: Investing.com RSS
Jersey Mike's IPO attracts 15x demand for available shares¶
Jersey Mike's Subs saw exceptional investor interest with demand reaching 15 times the available shares in its IPO.
Sources: Investing.com RSS