UBS data show global billionaires rose 13.1% to 3,302 in the year to April 2026, led by gains in the US and Asia. Total billionaire wealth climbed 25% over the period, outpacing overall global wealth growth. UBS records list 18 individuals with $50-100bn in assets and 19 with more than $100bn, 15 of whom are in the US.

India Meteorological Department (IMD) says July rainfall in India may be below average.

Applied Materials unveiled a 3D chip-manufacturing equipment line for AI semiconductors targeting advanced packaging flows such as HBM (high-bandwidth memory) stacking, chiplets and hybrid bonding. The portfolio focuses on planarization, deposition and metrology for those processes and includes advanced chemical-mechanical polishing (CMP), electrochemical deposition (ECD) and plasma-enhanced chemical vapor deposition (PECVD) systems for packaging, a new electron-beam process-control tool, and an upgraded epitaxy tool aimed at DRAM process applications.