S&P downgrades Getty Images to 'CCC+' after Shutterstock merger termination and liquidity concerns; outlook negative

Asian stocks lose over $730 billion in market value as AI and semiconductor selloff deepens across regional equity markets

More than $730 billion in market value has been erased from Asian equity markets as AI and semiconductor stocks came under heavy selling pressure.

Adani Enterprises seeks to raise up to $1 billion via institutional share sale as conglomerate led by Gautam Adani moves past US legal challenges. The ports-to-power group targets 100 billion rupees from investors.

Adani Enterprises is seeking to raise as much as 100 billion rupees ($1 billion) through a sale of shares to institutional investors as the ports-to-power conglomerate led by billionaire Gautam Adani overcomes legal challenges in the US.

Tesla shares surge 3% in premarket after 2Q deliveries of 480,126 beat estimates of 396,466. The electric vehicle maker's quarterly deliveries exceeded Wall Street expectations by a wide margin.

Tesla shares rose 3% in premarket trading after the company reported second-quarter deliveries of 480,126 vehicles, exceeding estimates of 396,466.

US jobs growth misses forecasts in June: nonfarm payrolls rise 57,000 vs 110,000 expected; unemployment rate falls to 4.2%

U.S. nonfarm payrolls rose just 57,000 in June, well below the 110,000 forecast, while private payrolls increased 49,000. The unemployment rate unexpectedly fell to 4.2% from an expected 4.3%.