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Cambridge Professor Jason Arday Resigns Amid Plagiarism Inquiry on August 5
Cambridge professor Jason Arday resigns after plagiarism allegations and university investigation into his academic credentials. Appointed in 2023, he cited personal toll and public scrutiny.
Sandoz Jumps 7% on Biosimilar Surge, H1 Revenue Beats Forecast
Sandoz stock rises 7% after H1 2026 earnings beat. Biosimilar sales surged 22%, now 33% of total revenue. CEO sees $650B in patent expirations over next decade.
Duolingo Stock Drops 9% as Q3 Revenue Guidance Misses Estimates Despite Q2 Earnings Beat
Duolingo shares fell sharply Wednesday, August 5, 2026, despite beating Q2 earnings estimates. The stock dropped as much as 12% in after-hours trading, sliding to $119.25. Weak third-quarter revenue guidance overshadowed otherwise strong second-quarter results. Investors focused on Duolingo’s cautious outlook rather than its double beat on revenue and profit. Duolingo Q2 2026 Earnings: Revenue…
PB Fintech (NSE: POLICYBZR) Jumps 3% After Q1 Profit Soars 92% YoY, Insurance Reaches ₹8,732 Crore
On 6 August 2026, PB Fintech (NSE: POLICYBZR) drew investor interest after reporting strong Q1 FY27 earnings. The company posted a 92% year-on-year increase in net profit to ₹163 crore, while total insurance premium climbed to ₹8,732 crore. The figures point to steady demand across its digital platforms. Following the results, the stock rose nearly…
Rational AG (FRA: RAAG) Rises as Q2 Net Profit Climbs 15% to €73.1M; U.S. Tariff Refund Lifts Margins
On 6 August 2026, Rational AG (FRA: RAAG) reported strong second-quarter results, with net profit rising 15% year over year to €73.1 million. Revenue also moved higher, while a one-time U.S. tariff refund pushed the company’s operating margin above market expectations. Even with higher trade and operating costs, Rational continued to improve profitability. Investors are…
GE Vernova T&D India (NSE: GVT&D) Drops Over 8% Despite Q1 Earnings Growth as Margin Pressure Weighs
On 6 August 2026, GE Vernova T&D India (NSE: GVT&D) shares fell more than 8% even though the company reported strong Q1 FY27 earnings. The move caught many investors off guard as both revenue and profit increased from a year earlier. Still, the market looked beyond the headline numbers. Investors focused on softer operating margins…
Swiggy (NSE: SWIGGY) Jumps Over 5% After Targeting ₹10,000 Crore Adjusted EBITDA by FY31
Swiggy shares jumped 6% on Thursday, August 6, 2026, after unveiling its FY31 growth vision. The stock rose to ₹305.10 from a previous close of ₹288.90. Swiggy’s market cap climbed to ₹82,326 crore following the announcement. The company targets ₹10,000 crore in Adjusted EBITDA within five years. Swiggy Stock Price Today: Shares Jump on FY31…
JPMorgan Faces Fresh Allegations Following The Wall Street Journal Investigation
JPMorgan Chase came under renewed scrutiny on Thursday, August 6, 2026, after The Wall Street Journal reported that federal prosecutors reviewed whistleblower allegations against the bank. The complaint claims JPMorgan mishandled fraud cases and improperly denied customers more than $100 million in reimbursements. JPMorgan stock closed at $352.96 on July 30, just below its all-time…
Google DeepMind Hit by Executive Departures as Engineers Launch Startup
Google DeepMind announced a major leadership reshuffle on Wednesday, August 5, 2026, as CEO Demis Hassabis stepped back from day-to-day operations. On the same day, veteran engineer Jeff Dean and three colleagues departed Google entirely to launch a new startup called Discovery Loop. Alphabet stock fell roughly 4.33% intraday, reflecting investor unease over the AI…