Japan’s benchmark Nikkei 225 index surged 4.03% on Friday, climbing 2,494.59 points to close at 64,362.02, as a powerful rebound in global chip and technology stocks swept across Asian markets following blockbuster quarterly earnings results from Microsoft, Amazon and Meta Platforms.

The rally in Tokyo came alongside an even more dramatic surge in neighboring South Korea, where the benchmark KOSPI index posted its largest single-day gain on record, jumping 17.91% to close at 6,595.45. Chipmaking giants Samsung Electronics and SK Hynix each surged more than 20% during the session, effectively hitting the South Korean exchange’s daily limit for individual stock price movements, as investors rushed back into semiconductor names that had been battered by a punishing selloff earlier in the week.

Both rallies traced their origins directly to a powerful overnight session on Wall Street. Microsoft’s shares soared 15.5% Thursday, marking the company’s best single-day performance in nearly 18 years, according to the Associated Press, after the technology giant reported that its Azure cloud computing division grew 43% during the quarter, easing broader investor concerns about the sustainability of massive capital spending on artificial intelligence infrastructure. Amazon and Meta Platforms also posted results that exceeded market expectations, reinforcing confidence that demand for AI-related computing infrastructure remains robust despite growing skepticism in recent weeks. The technology-heavy Nasdaq 100 climbed more than 3% Thursday, snapping a six-day losing streak, while the Philadelphia Semiconductor Index posted its strongest single-day advance in more than a year.

The Asian technology rally extended well beyond Japan and South Korea. Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, rose 8.6% during the session, contributing significantly to broader gains across the MSCI Asia Pacific Index, which advanced approximately 3.6%, according to reporting from the Private Banker. The rebound reflected a broader shift in sentiment across the region’s technology-heavy equity markets, which had endured a difficult stretch throughout late July amid mounting concerns about a potential bubble in artificial intelligence valuations and intensifying competitive pressure from Chinese chipmaking rivals.

Friday’s rally followed a brutal several days for Japanese and South Korean markets alike. South Korea’s KOSPI had plummeted more than 17% over the three trading sessions preceding Friday, according to the Associated Press, with the index falling as much as 40% from its June peak at one point during the selloff, wiping out nearly $2 trillion in market value. Japan’s Nikkei had similarly faced pressure during the same window, as the broader selloff in chip and technology stocks spread across regional markets tied closely to global semiconductor supply chains and artificial intelligence infrastructure spending.

Currency markets also factored into Friday’s broader Asian market dynamics. The Bank of Japan left its benchmark interest rate unchanged during a policy decision this week, a move that came in line with forecasts from all 52 economists surveyed by Bloomberg, following the central bank’s assessment of the effects of its earlier increase to 1% in June. The yen weakened further against the dollar during Friday’s session, according to the Private Banker, a dynamic that has continued to shape sentiment among Japanese exporters and technology manufacturers whose overseas earnings benefit from a softer domestic currency.

Beyond the corporate earnings catalyst, structural and regulatory factors also appeared to reinforce Friday’s rally in South Korea specifically. SK Group Chairman Chey Tae-won disclosed personal purchases of SK Hynix shares during the recent selloff, a move that bolstered investor confidence in the world’s second-largest memory chipmaker, according to CNBC. New cash-deposit requirements for investors using leveraged exchange-traded funds also took effect July 31 in South Korea, a regulatory change some analysts said may have contributed to broader repositioning among traders active in that segment of the market, while short-covering and mechanical rebalancing tied to leveraged ETFs amplified the scale of the overall move.

Despite the magnitude of Friday’s rebound across both markets, analysts urged caution against interpreting the gains as a definitive turning point. One market strategist, speaking to CNBC, said foreign investors appeared to be the primary force behind the day’s rally but cautioned that similarly dramatic gains were unlikely to persist. “I would not expect gains of this magnitude to continue,” the analyst said, noting that asset prices had become “completely disconnected” from underlying fundamentals amid the recent volatility.

Even after Friday’s historic surge, South Korea’s KOSPI remained well below its levels from earlier in the year, having recorded its worst monthly performance since 1997 with a 22.19% decline over the course of July, according to TradingKey. Japan’s Nikkei similarly remained below levels reached prior to the recent selloff, underscoring that Friday’s rebound, while dramatic in scale across both markets, only partially offset weeks of accumulated losses tied to the broader reassessment of artificial intelligence infrastructure spending sweeping through global technology and semiconductor stocks.

With both the Nikkei and KOSPI having now demonstrated the capacity for extraordinary swings in both directions within a single week, investors across the region are likely to watch closely in the sessions ahead for further signals from upcoming corporate earnings and central bank policy decisions on whether Friday’s rebound reflects a genuine stabilization in sentiment toward AI-linked technology stocks or simply another sharp swing within a prolonged period of volatility across Asian equity markets.

Netflix has been sued for allegedly losing an unencrypted copy of a $45 million Nicolas Cage thriller that took seven years to produce, exposing the unreleased film to potential piracy and leaks.

The lawsuit, which seeks $105 million in damages, was filed by Op-Fortitude Ltd. and its owner, Swiss film producer and financier Simon Afram, who also accused Netflix of covering up the security breach.

The film, Fortitude, was based on the real-life World War II Operation Fortitude, a massive Allied deception campaign designed to convince Nazi Germany that the D-Day invasion would occur elsewhere. The operation had relied on a fake army, double agents and false radio traffic.

According to the lawsuit, the incident caused devastating financial losses by compromising the film’s first-to-market exclusivity and distribution value, forcing the plaintiffs to temporarily pause marketing and sales efforts ahead of awards season. 

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The complaint says test screenings projected an 82% “top-two box” audience score, meaning 82% of viewers rated the film among the two highest categories, and conservatively estimated that the movie would generate at least $112.5 million in revenue — roughly 2.5 times its production budget. 

In a statement to FOX Business, Netflix denied wrongdoing, arguing the movie was delivered without industry-standard safeguards such as password protection or encryption. The company also accused the plaintiffs of making “hostile attempts to extort money from Netflix over this situation.” 

The dispute stems from a private screening Netflix reportedly requested between late 2025 and mid-2026. 

While the plaintiffs alleged Netflix requested an unlocked or unencrypted copy to streamline the screening process, Netflix disputed that claim, saying security safeguards are standard practice and that the filmmakers voluntarily chose to provide an unencrypted version.  

According to the lawsuit, the plaintiffs informed Netflix both verbally and in writing that the drive was unencrypted and instructed the company to delete the files from its projection system after the screening. 

After an unencrypted digital master drive was delivered to Netflix’s Hollywood studio on June 15, 2026, Netflix held the screening on June 16. The media giant then left the unencrypted file unattended on an office desk without basic physical or digital security controls, where it later disappeared, plaintiffs said. 

The lawsuit alleged Netflix concealed the breach by repeatedly postponing or ignoring requests from the plaintiffs to arrange pickup of the drive between June 17 and June 25. The plaintiffs said it was not until June 25 that a Netflix executive emailed them stating that “someone stole a good amount of drives from our office desks this past week.”   

Netflix has denied those allegations, saying it notified the appropriate parties as soon as its team became aware of the incident. 

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The plaintiffs further accused Netflix of trying to downplay the incident by claiming the stolen drive required an encryption key to access the film, despite knowing the drive was unencrypted. The lawsuit also claims Netflix offered to reimburse only the cost of the physical drive and referred to the asset as “missing” rather than “stolen.” 

In a statement to FOX Business, Netflix said: “Netflix disputes any claim that it bears the risk of loss for a film delivered without the proper industry-standard safeguards,” the company said. “While we do not own the rights to Fortitude, we take content security seriously and have taken extra measures to support the filmmaker and his team. This includes conducting a thorough investigation and offering to monitor known piracy sites for any unauthorized distribution or sale.”

The plaintiffs also accused Netflix and its outside counsel of refusing to answer basic questions about the company’s internal investigation, including whether a police report had been filed, and declined to cooperate with the Los Angeles Police Department after the filmmakers filed their own report. 

Ticker	Security	Last	Change	Change %
NFLX	NETFLIX INC.	73.17	-0.46	-0.62%

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In response, Netflix said it withheld details of its investigation because of what it described as the plaintiffs’ conduct, claiming they had initially demanded $165 million for the film rather than work with the company.

“We have declined to share anything about our ongoing investigation with the law firm representing Simon Afram, given their hostile attempts to extort money from Netflix over this situation — including immediately demanding $165 million for the film rather than work with us in good faith.”

The company added that its content security team is actively monitoring piracy websites for unauthorized copies of the film and said it has found no evidence that Fortitude has been leaked.  

Nowadays people have a lot more on their plates. With busy work schedules, family responsibilities and private objectives, many individuals are looking for ways to keep their energy and focus in check throughout the day. This trend towards on-the-go wellness devices has sparked a rise in focus on innovative solutions that integrate effortlessly into daily routines.

The vitamin B12 inhaler and caffeine inhaler are two products that are intruding. They are lightweight and are gaining popularity among professionals, students, travellers and fitness enthusiasts who value their convenience and portability. Many people are seeking other, more portable options, instead of using large supplements or multiple cups of coffee.

Why Convenience Matters

The one giant reason they’re the focus of attention is because they’re mobile. Traditional energy-boosting options may need to be prepared or planned. Coffee needs to be packed separately, brewed, and refrigerated. Energy drinks need to be refrigerated. Portable wellness devices are an option that can fit in a pocket, handbag or backpack. Users like the availability of an option that’s always there when they need it – such as when commuting to work, attending meetings, studying at university or travelling. Of course, the more convenient the products are, the more desirable they are when consumers have a hectic lifestyle.

Growing Interest in Vitamin B12

Vitamin B12 has long been known to be an essential nutrient required to support normal energy metabolism and the function of the nervous system. Those with busy lives are looking for ways to get their daily dose of the essential vitamin. This enhanced awareness has brought the vitamin B12 inhaler to the attention of consumers seeking convenient wellness products. Its small size makes it ideal for those seeking compact solutions that can fit into their everyday lives without becoming too complicated. This enhanced visibility is part of a new health trend of making health technology more visible and accessible to fit into today’s lifestyle.

Continued Popularity of Caffeine

The popularity of caffeine is continuing to rise. Caffeine remains popular. Caffeine is still one of the world’s most popular stimulants used to keep individuals focused and alert during busy days. Even though coffee remains the primary product, consumers are slowly broadening their interest as they try out new formats.

The inhaler is also making headlines as another portable choice for those who appreciate flexibility. Business people, entrepreneurs, remote workers and students are a group that often look for products that fit seamlessly into their busy lives without disrupting productivity. With the evolution of wellness, people are increasingly interested in products that are convenient and portable.

Supporting Today’s Fast-Paced Lifestyle

Today’s customers are more inclined to buy products that make their lives easier. Minimalism, low weight, and portability are now key considerations for consumers in a wide variety of industries.

Portable wellness devices meet these expectations by providing:

• Tightly packed, travel-friendly designs
• Easy to store in bags/pockets
• Easy to use in your hectic schedule!
• Modern, user-friendly designs
• Healthy ways to be active.

The following are all attributes that contribute to the appeal of innovative wellness products for various age groups and professions.

Innovation Is Driving Consumer Interest

Various aspects of health and wellness have been changed by technology. Consumers are looking for products to be both functional and convenient, whether it’s a wearable fitness tracker or a smart hydration bottle. This trend toward portable innovation for wellness is seen in the increasing acceptance of vitamin B12 inhalers and caffeine inhaler. As manufacturers seek to deliver more contemporary, user-friendly experiences that meet the demands of a modern consumer, they are still investing in new product designs, high-quality materials and ease of use. As awareness increases, these products are becoming a part of the discussion about lifestyle optimisation, productivity, and personal wellness.

Looking Ahead

Consumer desires are still changing, and convenience plays a greater role in buying. Portable, contemporary, and user-friendly products are likely to continue to be in demand. As the video shows, the vitamin b12 inhaler and caffeine inhaler have become subjects of discussion, illustrating the changing landscape of wellness innovation in this fast-paced world. Although there are preferences out there, these portable options are becoming popular, reflecting a general trend to more practical products that cater for busy lives. In the ever-changing realm of wellness technology, mobile devices are likely to continue to play a crucial role in the future of personal wellbeing.

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Trust is now a commercial issue rather than simply an IT concern. Now, customers hand over the following data:

• Payment details
• Identity data
• Private communications.

Still, they expect quiet competence in return. Basically, a Zero Trust security model supports that expectation. It treats protection as a continuous business responsibility rather than a perimeter defence installed once and forgotten.

Why Need a Zero Trust Model?

To be honest, companies no longer operate inside one tidy network. In fact, the traditional boundary is blurry due to –

1. Cloud platforms
2. Contractors
3. Remote employees
4. Connected devices
5. Third-party applications.

Consequently, familiar claims about being “secure” sound rather thin. So, businesses must explain –

• Who receives access
• Why they receive it
• When that privilege ends.

Security That Earns Confidence Through Small Decisions

At its best, every relevant access request is assessed against –

1. Identity
2. Device condition
3. Location
4. Data sensitivity
5. Current risk.

Therefore, customers receive stronger protection from compromised accounts without facing blanket restrictions. In this case, the controls become selective and proportionate. That is how zero trust works.

This model does not assume that employees or customers are dishonest. Instead, it questions signals that have not been verified.

For instance, a valid password may not settle the issue. This might be especially true when credentials are stolen so routinely. Then, policies decide whether to permit, challenge, restrict, or block the activity.

Now, a company might say that access to customer records is limited by role. They might also say it is reviewed regularly and logged. However, the promise only holds when implementation reaches –

• Legacy software
• Service accounts
• Third-party integrations
• Administrative systems.

If you leave those areas untouched, the shiny security story starts looking ordinary.

Perimeter Security vs Continuous Verification

The practical difference becomes clearer when traditional assumptions are placed beside a modern control model. Neither approach represents one product. Rather, the comparison shows how security decisions move closer to –

• Identities
• Workloads
• Applications
• Actual behaviour.

Security Question	Perimeter-Led Security	Continuous Verification
Who receives trust?	Internal users often receive broad confidence.	Every identity must establish legitimacy.
How is access granted?	Network location carries considerable weight.	Role, context, device health, and risk are combined.
What happens after login?	Sessions may continue with little scrutiny.	Conditions and behaviour remain under review.
How far can attackers move?	Flat networks may expose additional systems.	Segmentation limits lateral movement.
What can customers see?	Protection rests on vague security claims.	Controls support specific, explainable commitments.

Zero Trust becomes customer-facing when these choices affect real experiences. For instance, an unusual payment change may trigger stronger authentication. Meanwhile, a familiar low-risk action continues normally.

On the other hand, a support agent may see only the information required for a case. This reduces exposure without making genuine service painfully slow.

Five Practices That Turn Security Architecture Into Trust

Technical controls do not create confidence automatically. Instead, customers notice the following:

Therefore, businesses need disciplined operating practices rather than a grand transformation announcement. Moreover, they do not need a stack of expensive tools that nobody has properly configured.

1. Collect Less and Classify Early

In general, security begins before authentication. If a company retains customer information it no longer needs, the attack surface expands for no useful reason.

Also, clear classification is necessary. It helps policies distinguish routine material from financial, identity, health, or commercially sensitive records.

2. Apply Least Privilege with Sensible Timing

Of course, permanent administrative access feels convenient. Still, it is difficult to justify. In fact, the following reduce standing risk:

• Just-in-time privileges
• Approval workflows
• Automatic expiry.

Moreover, internal access should reflect a specific task rather than job title, seniority, or old permissions nobody reviewed.

3. Segment Valuable Systems

A compromised laptop should not become a passport to billing platforms or production databases. Microsegmentation restricts movement between workloads and user groups.

Still, teams must test policies carefully. This is because brittle controls might interrupt services. Also, it must quietly encourage unsafe workarounds.

4. Explain Protective Friction

In most cases, additional verification irritates customers when it appears random. Basically, short, plain-language prompts should explain that unusual activity triggered the check.

At the same time, recovery routes must resist social engineering. Otherwise, the reassuring front door will sit beside a surprisingly weak side entrance.

5. Measure Control Quality Rather Than Tool Volume

Boards should examine the following issues:

• Abandoned accounts
• Policy exceptions
• Device compliance
• Privileged-access age
• Detection coverage
• Recovery performance.

In contrast, a long software inventory reveals little about whether the organisation contains an intrusion or protects affected customers.

The Difficult Part Is Governance

At the outset, the following factors provide the machinery:

• Identity platforms
• Endpoint signals
• Policy engines.

Still, governance determines whether that machinery behaves coherently. In fact, security, privacy, legal, product, and customer-service teams require shared rules for acceptable risk. Otherwise, one department tightens controls. Meanwhile, another creates broad exceptions to meet a deadline.

Zero Trust also requires an honest rollout sequence.

1. Businesses should begin with critical data flows and privileged identities.
2. Extend controls according to risk.
3. Technical teams must map application dependencies before enforcing restrictions.

Basically, a rushed cutover might lead to the following issues:

1. Lock out employees
2. Disrupt customer journeys
3. Undermine the confidence the programme was supposed to strengthen.

Moreover, privacy deserves equal attention. For instance, continuous verification may tempt organisations to collect excessive behavioural information.

Actually, signals should remain relevant, protected, and retained for defined periods. Consequently, security monitoring stays defensible instead of sliding into surveillance dressed up as sensible risk management.

Assurance Should Be Visible Instead of Noisy

To be honest, customers rarely want a technical lecture. However, they do want evidence that security decisions are deliberate. In fact, the following aspects demonstrate control:

• Clear account alerts
• Accessible login histories
• Rapid session revocation
• Specific incident notices
• Dependable recovery processes.

Conversely, claims such as “completely secure” weaken trust. This happens because experienced buyers know that no system will promise it.

The strongest message is modest and testable:

1. Access is limited
2. Suspicious behaviour receives attention
3. Sensitive actions demand stronger proof
4. Incident responses are rehearsed.

Behind that message, audit trails must help teams reconstruct decisions. In front of it, customers need useful choices without being burdened by internal security jargon.

Continuous Verification Makes Customer Trust More Credible

In the end, customer trust grows when a business reduces exposure and explains necessary checks. It must also respond cleanly when something goes wrong.

Zero Trust supports that standard when treated as an operating discipline rather than a fashionable technology purchase. The result is not friction everywhere. Rather, it is about better judgement applied repeatedly. This is helpful where customer data and services genuinely need protection.

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Redington shares rose nearly 4% during Friday’s session to an intraday high of Rs 322, extending gains after the technology solutions provider reported a 77% year-on-year (YoY) jump in net profit for the June quarter, driven by record revenue and strong growth across key business segments.

The stock had surged nearly 15% during Thursday’s session following the earnings announcement and touched a fresh 52-week high of Rs 338.50.

The company reported a Q1FY27 net profit of Rs 486 crore, compared to Rs 275 crore in the corresponding quarter of the previous year. Excluding exceptional items, profit after tax (PAT) grew more than twice as fast as revenue, highlighting strong operating leverage. The company’s PAT margin stood at 1.4% during the quarter.

Revenue from operations rose 34.6% YoY to Rs 34,922 crore, compared with Rs 25,952 crore in the year-ago period, marking the company’s highest-ever quarterly revenue.

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The strong performance was led by the India business, where revenue surged 63% YoY, while PAT climbed 60%. Growth was driven by the execution of large enterprise deals, higher PC realisations amid industry-wide memory supply constraints, continued premiumisation in smartphones, and sustained demand for cloud and cybersecurity solutions.
Meanwhile, revenue from the Middle East and Africa business grew 15% YoY, supported by cloud and cybersecurity offerings despite geopolitical uncertainties during the quarter.

Business Segment Performance

The company reported strong momentum across its technology portfolio during the quarter.
Software Solutions Group grew 52% YoY, supported by increased adoption of cloud, cybersecurity, software-led engagements, AI-enabled solutions and subscription-based models. Endpoint Solutions Group grew 35% YoY, driven by higher PC realisations amid memory supply constraints and steady demand.

Mobility Solutions Group grew 21% YoY, led by premium smartphone demand and expansion of retail-led distribution. Technology Solutions Group grew 50% YoY, supported by large enterprise and data centre deals.

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“We have started FY27 on a strong note, delivering our highest-ever quarterly revenue and profit. This performance reflects the strength of our diversified business model, disciplined execution and broad-based momentum across businesses and geographies. Profit growth significantly outpaced revenue growth, reinforcing our continued focus on profitable and sustainable growth,” said V. S. Hariharan, Managing Director & Group CEO, Redington.

“As technology adoption accelerates across cloud, software, cybersecurity, AI-enabled infrastructure and digital transformation, Redington is well positioned to capture these opportunities through its strong ecosystem of global technology brands, partners and customers. We will remain focused on operational resilience, capital efficiency and long-term value creation for all our stakeholders,” Hariharan further said.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Shares of Data Patterns India fell nearly 7% to Rs 4,158 apiece on the BSE on Friday after the company reported weak Q1 results. The defence electronics firm’s net profit declined 14% year-on-year to Rs 22 crore in the first quarter, compared with Rs 25.5 crore in the corresponding period last year.

However, revenue from operations grew 17% to Rs 116 crore in the June quarter, from Rs 99.3 crore in the same quarter of the previous year. The company’s operational EBITDA in Q1 FY27 was Rs 31 crore, as against Rs 32 crore in the June quarter of FY26.

As per a regulatory filing on the BSE, the company’s board has approved a proposed acquisition of 100% stake in a Chennai-based ST Advanced Composites Pvt Ltd. (STAC), for a total consideration of Rs 10 crore. The acquisition of the composite manufacturing company will result in an in-house capability for composite parts required in the Company’s radar and other programs, thereby expanding the addressable value proposition in Data Patterns’ product offerings, as per the company’s statement.

According to the company’s CMD, Mr. Srinivasagopalan Rangarajan, the quarter has met the company’s expectations. He said, “We continue to see a healthy pipeline of opportunities and are now receiving larger-value complete system contracts. Our order book currently stands at around Rs 2,654 crore (including the orders negotiated and pending receipt), providing healthy revenue visibility. Our foray into counter-drone business and export initiatives continues to gain traction.”

He added that the company remains confident in achieving its full-year guidance, backed by the Government’s continued focus on indigenous defence manufacturing.

Data Patterns (India) works closely with defence PSUs, which include Hindustan Aeronautics Ltd and Bharat Electronics Ltd, as well as government organisations involved in defence and space research such as DRDO and ISRO.