Apple is gaining smartphone market share in China, a market where the company had faced intensifying pressure from domestic rivals including Huawei. The recovery signals a stabilization of Apple's competitive position in its third-largest revenue geography after a period of notable share erosion. China remains a critical battleground for Apple's hardware volumes and services attach rates, making any directional shift in share meaningful for forward revenue estimates. For investors, sustained share gains in China would ease concerns about geographic revenue concentration risk and support iPhone unit forecasts, particularly heading into major product refresh cycles. The dynamic also reflects broader questions about Huawei's ability to maintain its domestic momentum amid ongoing chip supply constraints. Analysts tracking Apple's Greater China segment will watch whether share gains translate into revenue growth, as average selling price trends and the pace of the premium segment expansion in China are equally consequential to margin outcomes.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
