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Samsung, SK Hynix Face Pressure to Increase Buybacks and Dividends as AI Cash Hits $263B
On 6 August 2026, Samsung Electronics and SK Hynix faced growing calls from investors to raise share buybacks and dividends as their combined cash reserves are expected to reach about $263 billion by the end of the year. Strong demand for advanced memory chips used in artificial intelligence has driven record earnings for both companies….
Falcon 9 Rocket Crash on the Moon Raises New Space Debris Concerns
A discarded SpaceX Falcon 9 rocket stage crashed into the moon on Wednesday, August 5, 2026, striking the surface at roughly 5,400 miles per hour. The rocket crash occurred near Einstein Crater on the moon’s western limb, about 18 months after the component launched on January 15, 2025. NASA confirmed the impact trajectory before the…
IN Stock Market Today: Sensex Jumps Over 200 Points, Nifty Hits New High
On 6 August 2026, India’s stock market remained firm as the Sensex climbed more than 200 points and the Nifty reached a fresh high, helped by strong buying in banking and IT stocks. Better-than-expected corporate earnings, steady foreign investment, and improving global sentiment kept investors confident throughout the session. The rally also reflected optimism about…
Jetstar Charges Up to A$52 for Overhead Bags From February 2027
Jetstar will charge A$25 to A$52 for overhead carry-on bags from February 2027. Passengers get one free under-seat bag. The 7kg limit is scrapped in favour of size restrictions.
Herbie Farnworth Eyes Open Market as Dolphins Race to Extend Star Centre
Dolphins star centre Herbie Farnworth faces open market in November unless re-signed. Sydney Roosters reportedly interested as salary cap pressures mount on the expansion club.
Jetstar Charges Up to A$52 for Overhead Bags From February 2027
Jetstar will charge A$25 to A$52 for overhead baggage from February 2027. Under-seat bags remain free. The budget airline is removing its 7kg weight limit and no longer weighing bags at the gate.
Suncor Energy Inc. Reports C$3.7 Billion Profit on Strong Refining Performance
On August 4, 2026, Suncor Energy Inc. reported a quarterly profit of C$3.7 billion, beating market expectations even as oil production declined. The company’s refining business delivered record results and made up for maintenance-related disruptions at its oil sands operations. The quarter showed how strong refining margins can support earnings when upstream production slows. So,…
Jetstar Scraps 7kg Carry-On Limit, Charges Up to $52 for Overhead Bags From February 2027
Jetstar removes 7kg carry-on limit from February 2027, charging $25-$52 for overhead locker access. All fares now include only one underseat bag; larger bags require paid Priority Carry-on option.
SpaceX’s Q2 Results Impress Wall Street, Shares Fall on AI Spending Concerns
SpaceX delivered its first earnings report as a public company on August 4, 2026, posting $7.81 billion in Q2 revenue against a $6.93 billion analyst consensus. Revenue jumped 92% year-over-year from $4.1 billion. Despite the beat, shares dropped about 8% in after-hours trading as investors focused on soaring AI infrastructure spending rather than the strong…