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US Weighs 7.5% Tariff on China; Switzerland Could Be Hit Too
Washington considers 7.5% additional tariffs on Chinese goods over overcapacity claims. China opposes the move and threatens countermeasures. Switzerland may also face duties.
Autodesk (ADSK) Stock Falls 4% Despite Q2 Earnings Beat as Fiscal 2027 Guidance Disappoints
Autodesk (ADSK) stock fell about 4% on August 28, 2026, even after the company beat Wall Street estimates in its fiscal second-quarter results. Autodesk posted $2.05 billion in revenue and $3.30 in adjusted EPS, both above expectations. Investors quickly turned their attention to the fiscal 2027 outlook. The strong Q2 numbers were not enough to…
Ola Electric Shares Jump 6% to ₹39.77 After Launch of S1Z Scooters With Bharat Cell Technology
Ola Electric shares jumped 6% to around ₹39.77 on Friday, August 28, 2026. The rally followed the launch of the S1Z, the company’s first mass-market scooter using its indigenous Bharat Cell LFP technology. Ola Electric aims the S1Z at India’s largest electric two-wheeler buying segment. What the S1Z Brings to Market The S1Z uses Ola…
Nvidia Agrees to Buy Hugging Face for $12.9 Billion in AI Platform Push
Nvidia to acquire Hugging Face for $12.9 billion, consolidating control over open-source AI model distribution. The deal strengthens Nvidia’s position as major tech firms build competing chips.
Darline Graham Wins South Carolina GOP Senate Runoff on Trump Backing, August 26
Darline Graham wins South Carolina GOP Senate runoff with Trump endorsement and $827,000 in super PAC spending. Political newcomer will face Democrat Annie Andrews in November.
Canada hits US with C$27.6B tariff counterpunch on August 26
Canada imposes C$27.6B in retaliatory tariffs on US goods starting September 8, targeting paper, dairy, steel, and appliances in response to Trump’s 50% tariffs. Kimberly-Clark and Cascades face margin pressure.
Peter Woo’s Family Office Seeks $1 Billion Private Equity Exit
Peter Woo’s family office is looking to sell $1 billion of private equity stakes including HSG and Vista Equity Partners, as secondary PE sales surge globally.
Cyient Stock in Focus: CCI Approves Acquisition of California-Based Tao Digital Solutions
Cyient Stock will stay in the spotlight after the Competition Commission of India cleared its acquisition of TAO Digital Solutions Inc. The regulator confirmed approval for a 100% share capital acquisition on August 25, 2026. Cyient’s market capitalization stood at ₹10,212.85 crore as of the same date. The all-cash deal, first announced in May 2026,…
Supreme Court Allows Trump Mail Ballot Order to Take Effect: What Changes for Voters
Supreme Court allows Trump mail ballot executive order to proceed. DHS will compile citizenship list, USPS gains ballot oversight. Election officials warn of chaos as new rules take effect.