Business & Markets — July 8, 2026

South Korea's KOSPI enters bear market. The index closed down 5.4% Tuesday and sits 20% below its peak. A memory-chip selloff led by Samsung and SK Hynix is deepening on AI worries. (<a href="https://www.marketwatch.com/story/it-was-the-worlds-hottest-stock-market-now-south-koreas-stock-market-index-has-entered-bear-market-territory-95d70e3d?mod=mw_rss_topstories">More</a>)

MarketWatch · Read more →

Rivian shares fall 18% after stock sale. The EV maker's shares posted their biggest decline in nearly two years after a stock sale. Analysts are raising concerns about its cash position. (<a href="https://www.marketwatch.com/story/rivians-stock-sale-triggers-worst-rout-for-the-shares-in-nearly-two-years-6791789e?mod=mw_rss_topstories">More</a>)

MarketWatch · Read more →

EU court rejects Apple challenge. Europe's second-highest court dismissed Apple's challenge to landmark EU rules designating its app stores and iOS as gatekeepers subject to strict obligations. (<a href="https://www.reuters.com/world/eu-court-rejects-apples-challenge-against-eu-rules-reining-big-tech-2026-07-08/">More</a>)

Reuters · Read more →

Coffee futures post largest one-day move in decades. Arabica coffee futures surged Tuesday on fears of crop-damaging weather in Brazil, with analysts describing the price action as entering "meme-stock territory." (<a href="https://www.forbes.com/sites/tylerroush/2026/07/07/coffee-price-surge-enters-meme-stock-territory-amid-weather-fears/">More</a>)

Forbes · Read more →

Apple signs $30 billion Broadcom chip deal. Apple announced a chipmaking agreement with Broadcom worth more than $30 billion -- its largest U.S. manufacturing commitment to date. The deal is tied to its Trump-backed investment pledge. (<a href="https://finance.yahoo.com/technology/article/apple-announces-chip-deal-with-broadcom-worth-more-than-30-billion-100000097.html">More</a>)

Yahoo Finance · Read more →