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Welspun Corp (WELCORP) Share Price Soars 16% to Record High After ₹17,200 Crore Mega Order
On August 21, 2026, Welspun Corp shares surged after the company won its largest-ever single order, valued at about $1.8 billion (₹17,200 crore). The contract covers pipe supplies from its US manufacturing facility and sent the stock to a record high. The deal also pushed Welspun Corp’s global order book to around $4.4 billion, giving…
Robinhood Stock Rises 4.63% to $95.77 as MSTR, COIN and CRCL Rally on Treasury Buyback
Robinhood stock closed at $95.77 on August 19, 2026, up 4.63% for the session. Strategy, Coinbase, and Circle all posted stronger gains the same day. The U.S. Treasury’s expanded bond buyback program eased yields and lifted risk appetite across crypto-linked equities. Bitcoin climbed above $68,000, extending gains into $71,600 territory by Thursday morning. Why Robinhood…
HMRC Sends 81,000 Crypto Tax Warning Letters as Enforcement Nearly Triples
HMRC sent 81,000 crypto tax warning letters in 2025-26, up from 27,714 in 2023-24. Penalties for non-compliance can reach 100% of unpaid tax. New powers arrive May 2027.
US Debt Rises $11.6 Trillion During Trump’s Two Terms, Outpacing Biden’s $8.4T
US debt has climbed $11.6 trillion across Donald Trump’s two terms combined, according to Treasury Department data released this week. That total spans both his 2017-2021 term and his current second term since January 2025. Biden’s single term added $8.4 trillion by comparison. Total US debt crossed $40 trillion for the first time on August…
SK Hynix Becomes Kioxia’s De Facto Top Shareholder as Toshiba Exits
SK Hynix becomes Kioxia’s de facto top shareholder as Toshiba reduces its stake to 14.06% through seven stock sales. The Korean chipmaker holds convertible bonds that could grant it voting control.
Gina Rinehart’s $1.4B SpaceX Bet Signals Billionaire Confidence in Musk
Gina Rinehart, Australia’s richest person, holds 8 million SpaceX shares worth $1.4 billion, making it her largest US investment. Her US portfolio surged from $3.3 billion to $5.7 billion in six months.
Rinehart’s $1.4B SpaceX Bet Doubles US Stock Holdings to $8B
Gina Rinehart invested $1 billion in SpaceX’s IPO, boosting her US stock holdings to $8 billion. Her 8 million share stake is now worth $1.4 billion as SpaceX trades near $140.
Ethereum Price: Can ETH Break $2,000 After Fidelity’s Latest Staking Move?
Ethereum traded near $1,895 on Thursday, August 13, 2026, up 0.42% for the day. The gain follows Fidelity’s SEC filing to add staking rewards to its spot Ethereum ETF. Fidelity’s $898 million Fidelity Ethereum Fund (FETH) could stake up to 100% of its ETH holdings. Ethereum remains capped below the psychologically important $2,000 level. Analysts…
Josh Kushner and Bob Iger Buy Lakers for Record $12.5B on August 13
Josh Kushner and Bob Iger agreed to buy the Lakers for a record $12.5 billion. The sale needs NBA board approval and may take months to complete.