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NVDA in Focus as Nvidia Reportedly Eyes Investment in Perplexity at $30 Billion+ Valuation
Nvidia is reportedly in talks to invest in AI search startup Perplexity in a funding round that could value the company above $30 billion, according to a report published August 24, 2026. Perplexity’s annualised revenue has climbed past $750 million, up from less than $250 million earlier this year. The timing also puts NVDA stock…
Alibaba Falls 8% After Pricing 710 Million New Shares at 8.4% Discount
Alibaba shares fell about 8% in early Hong Kong trading on August 24, 2026, after the company priced 710 million new shares at HK112.70each.ThedealwillraiseHK80 billion ($10.21 billion) to support its artificial intelligence plans. The 8.4% discount has raised concerns about shareholder dilution and the cost of Alibaba’s expanding AI spending. Investors are now weighing the…
MCX, NBCC India, Paras Defence, P&G Health Set for Ex-Dividend Trading This Week
MCX leads this week’s latest ex-dividend stocks, joined by NBCC India, Paras Defence, and P&G Health. Multi Commodity Exchange of India has fixed August 28, 2026, as the record date for a ₹8 final dividend. NBCC India, Paras Defence, and Procter & Gamble Health have record dates scheduled for August 27–28. Investors must hold shares…
Moderna and Merck’s Melanoma Vaccine Jumps Stocks on Phase 3 Win
Moderna and Merck’s personalized mRNA cancer vaccine succeeded in Phase 3 melanoma trials, reducing disease recurrence. MRNA jumped 8.9% and MRK rose 2.4% on the announcement.
Dallas Rapper BigXthaPlug Arrested on DWI and Gun Charges, August 23
Dallas rapper BigXthaPlug arrested August 21 on DWI, marijuana, and firearm charges in Collin County. He performed at Iowa State Fair despite arrest.
Fromm and Oma’s Pride Recall Dog Food Over Metal and Salmonella on August 23
Fromm Family Foods and Oma’s Pride issued urgent dog food recalls in August 2026. Fromm recalled 5,825 cases of wet canned dog food over metal contamination; Oma’s Pride recalled 639 bags of raw dog food over salmonella, with three dog illnesses reported.
AFL Employee Quits Over Microsoft Copilot Rollout on August 23
AFL participation manager Gabrielle Boyle quit her job after being denied the right to opt out of Microsoft Copilot. Her case raises questions about employee choice and AI in Australian workplaces.
Dallas Rapper BigXthaPlug Arrested on DWI, Drug and Gun Charges
Dallas rapper BigXthaPlug arrested Friday on DWI, marijuana possession, and illegal firearm charges in Collin County, Texas. He was out on bail from similar charges a year prior.
Walmart, Target Face 15-Item Self-Checkout Limits in New US Rules
Walmart and other retailers face new self-checkout rules: 15-item limits, mandatory staffing requirements, and lane caps. West Hollywood, New York, Ohio, and Rhode Island are cracking down on theft.