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Spirax Group (LON: SPX) Shares Tumble 10% Despite H1 Revenue Rising 5% to £863.8 Million
Spirax Group (LON: SPX) shares fell nearly 10% on Tuesday, August 11, 2026, even as the industrial engineering company reported stronger first-half results. Revenue rose 5% year on year to £863.8 million, while adjusted operating profit increased 8% to £171.1 million. The sell-off came as investors focused on the company’s unchanged full-year outlook. With expectations…
PNE AG (ETR: PNE3) Shares Plunge Over 20% as Takeover Bids Fall Below Current Market Price
PNE AG shares have plunged more than 20% since Monday’s disclosure that takeover bids fell short of expectations. The German wind farm developer confirmed potential acquirers priced below the company’s current market valuation. PNE AG’s stock hit its lowest level since late April on Tuesday, August 11, 2026. The uncertainty now clouds a sale process…
Intel (NASDAQ: INTC) Upsizes Stock Offering to $20 Billion at $95 a Share, Stock Gains 1% Premarket
Intel Corporation priced an upsized $20 billion common stock offering on August 11, 2026. The chipmaker sold 210,526,315 shares at $95 per share, up from an initial $15 billion target announced Monday. Intel shares gained about 1% in premarket trading Tuesday, recovering after Monday’s 4% drop. The deal reflects surging demand for Intel’s foundry buildout…
KPI Green Energy (NSE: KPIGREEN) Shares Tumble 9% to ₹336 as Q1 FY27 Profit Drops 17% YoY to ₹86 Crore
KPI Green Energy shares came under heavy selling pressure on August 11, 2026, after the renewable energy company reported a weaker Q1 FY27 profit. The stock fell 9% to an intraday low of ₹336, compared with its previous close of ₹369.25. The main concern was a 17% year-on-year drop in net profit to ₹86 crore,…
Asian Markets Today: South Korea’s KOSPI Gains 0.8%, China Stocks Lag as Oil Prices and Fed Rate Risks
Asian markets traded mixed on August 11, 2026. South Korea’s KOSPI gained 0.8% to around 6,348, helped by a strong rally in semiconductor stocks. Chinese shares lagged as investors weighed higher oil prices and renewed geopolitical risks. Brent crude climbed above $88 a barrel as uncertainty over the Strait of Hormuz continued. Markets are now…
Gold Price Today: Gold (GC=F) Tops $4,400 an Ounce, Gains 1.08% Ahead of Key US Inflation Data
Gold prices moved above $4,400 an ounce on August 11, 2026, as investors turned their attention to upcoming US inflation data. Gold futures climbed to around $4,435 after reaching a more than two-month high of $4,434.84. The rally has lifted bullish sentiment, but the next inflation reading could test that strength. Traders are watching for…
Trump Cuts Childhood Vaccine Schedule to 11 Diseases, Splits MMR Shot
Trump signs executive order reducing childhood vaccines from 18 to 11 diseases and splitting MMR into three separate shots. Medical experts warn of increased disease risk and missed appointments.
Tencent (0700.HK) WorkBuddy AI Success Fuels Stock Recovery Hopes Ahead of Earnings as Shares Fall 2.16%
Tencent shares fell 2.16% on Tuesday, August 11, 2026, a day ahead of its second-quarter earnings report. The decline comes despite growing investor optimism around WorkBuddy, now China’s most widely used productivity AI agent. Bloomberg reported the tool’s rapid adoption could help Tencent finally catch up in the AI race. Investors await fresh usage data…
Jharkhand Students Storm Assembly Over Exam Fraud; Police Use Tear Gas
Jharkhand students protested exam irregularities on August 10, clashing with police. Chief Minister Soren promised reforms while opposition demands CBI probe into JPSC-JSSC recruitment system failures.