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Asian Shares Mixed as Nikkei 225 Falls 0.3%, Shanghai Gains 0.8%, Oil Rises Over 1%
On August 7, 2026, Asian stock markets ended the session with mixed results as investors responded to fresh economic data from across the region. Japan’s Nikkei 225 fell 0.3%, while China’s Shanghai Composite rose 0.8%, helped by improving confidence in Chinese stocks. At the same time, oil prices climbed more than 1%, adding to concerns…
ByteDance Eyes AI Leadership With 10 Trillion-Parameter Model Bigger Than Kimi K3
On 7 August 2026, reports revealed that ByteDance is developing a 10 trillion-parameter AI model, making it much larger than Moonshot AI’s Kimi K3. The project is the latest sign of China’s rapid progress in artificial intelligence and could strengthen ByteDance’s position alongside companies such as OpenAI, Anthropic, and Google. A larger model does not…
IN Stock Market Today: Sensex Slides Over 250 Points as Financial Stocks Weigh
On 7 August 2026, the Indian stock market moved lower as the Sensex lost more than 250 points, with financial stocks accounting for most of the decline. Investor sentiment turned cautious after the Reserve Bank of India’s draft lending rules for NBFCs raised concerns about future growth. At the same time, higher crude oil prices…
Layoffs Report: July Job Cuts Drop Sharply as AI Tops Workforce Changes
Layoffs across the United States fell sharply in July 2026, hitting their lowest monthly level in two years. Employers announced 33,429 job cuts, down 46% from July 2025, according to Challenger, Gray & Christmas. Artificial intelligence remained the top-cited reason for the fifth consecutive month, driving 10,970 of those cuts. Hiring plans simultaneously rose to…
Ardee Industries IPO Day 3: Subscription Status, Allotment Date and GMP Updates
On 7 August 2026, the Ardee Industries IPO entered its third and final day of bidding, attracting strong interest from investors across all categories. The issue had already been subscribed several times before the market closed, reflecting steady demand. At the same time, the grey market premium (GMP) remained firm, keeping expectations for the stock’s…
Britannia Shares Jump After Strong Q1 Earnings Beat Market Expectations
On 7 August 2026, Britannia Industries shares moved higher after the company reported Q1 FY27 earnings that came in ahead of market expectations. The FMCG company delivered solid growth in both revenue and profit, helped by steady demand for its biscuits, dairy, and snack products. The results gave investors confidence even as commodity and freight…
Gold Price Today: MCX Gold Surges Above ₹1.49 Lakh; 24K Gold Reaches ₹1,49,730 as Brent Crude Slips to $79.32
Gold price in India crossed ₹1.49 lakh per 10 grams on Thursday, August 6, 2026. 24-karat gold reached ₹1,49,730, up from ₹1,44,220 recorded on August 1. This rally tracks global bullion strength, as spot gold hit a seven-week high. Brent crude moved in the opposite direction, slipping to $79.32 per barrel the same day. Gold…
Nippon Paper Stock Falls as 9 Die in Quake-Hit Plant Collapse on July 28
Nine workers died when an 80-meter chimney collapsed at Nippon Paper’s Yatsushiro plant after a July 28 earthquake. The company’s last major inspection was in 2006. Operations remain halted.
Costco Canada Recalls Alfa Croissants Over Mould Risk on August 5
Costco Canada recalls Alfa Croissants 24-packs due to mould risk in lot codes 10726 and 08626. Affected products sold June-July 2026 at Costco Business Centres. Full refunds available.