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ACE Robotics CEO: Humanoid Robot Brains to Reach ‘ChatGPT Moment’ by Late 2027 via Embodied AI
Humanoid robots could be heading toward a major advance in AI. On August 21, 2026, ACE Robotics Chairman Wang Xiaogang said embodied AI may reach a “ChatGPT moment” by the end of 2027. The aim is to help robots understand and respond to unfamiliar real-world situations instead of simply following fixed commands. As world models…
Ethereum (ETH) Surges 29% to $2,422 on Record $220M Spot ETF Inflow and Whale Outflows
Ethereum climbed more than 28% over the past 24 hours to trade near $2,409 on August 21, 2026. The rally added $12.4 billion to its market cap, now at $289.4 billion. A record $220.77 million flowed into US spot Ethereum ETFs on August 20, the highest daily inflow since October 28, 2025. Whales pulled large…
European Stocks Post Worst Week Since July: Stoxx 600 Drops 1.14% as Oil Surge and Bond Yields Bite
European Stocks closed a rough week on August 21, 2026, with the Stoxx 600 down 1.14%, its steepest five-day slide since July 6. Rising Brent crude prices and surging bond yields drove the sell-off. Germany’s 10-year Bund yield hit 3.22%, its highest level since 2011, while Brent crude touched $93.56 a barrel on Thursday. Tech…
Stock Market Close: Sensex Ends Flat at 77,540, Nifty Holds 24,200 as Bank Gains Offset IT and Auto Drag
Sensex closed nearly flat at 77,540 on Friday, up marginally from the previous close of 77,537.72. The Nifty50 held near 24,235, against Thursday’s close of 24,231.85. Banking and financial stocks like HDFC Life and Power Grid cushioned the index, while IT, FMCG, and auto shares dragged. The muted session reflected cautious global cues as Brent…
Alibaba (BABA, 9988.HK) Stock Falls 3% to HK$125 After Profit Plunges 76%
Alibaba shares fell 3% to HK$125 on Friday after quarterly net income plunged 76%. Net income attributable to shareholders dropped to RMB10.54 billion from RMB43.12 billion a year earlier. Revenue still rose 9% to RMB268.95 billion, beating consensus estimates. The gap between growth and profit came from a sharp jump in AI spending. Investors weighed…
Bitcoin Price Today: BTC Soars 8% to $74,982 as Crypto Rally Explodes; Ethereum, XRP Surge
Bitcoin surged 8% to $74,982 on Friday, August 21, 2026, extending a powerful weekly rally. The cryptocurrency has now climbed nearly 20% since Monday, fueled by a surprise US Treasury policy shift. Ethereum jumped toward $2,300, gaining roughly 18% in 24 hours, while XRP surged past $1.25. Total crypto market capitalization reached $2.56 trillion, up…
AI Investment Gets Boost as South Korea Plans New Fund From Chip Boom
South Korea is looking to turn its semiconductor boom into a new source of AI investments. On August 21, 2026, the government announced plans for a Future Response Fund that would use excess tax revenue from the chip industry to support AI and other future technologies. Local media estimates put the potential size of the…
Tech Stocks to Watch: Alphabet Lifts 2026 Capex Forecast to $195B-205B
Alphabet is spending more to keep up with demand for artificial intelligence. On July 22, 2026, the Google parent raised its 2026 capital expenditure forecast to $195 billion-$205 billion, up from $180 billion-$190 billion. The increase comes as Google Cloud revenue jumped 82% to $24.8 billion in the second quarter. As AI demand drives higher…
Bitcoin Surges Past $71,000 as Trump Backs Crypto Clarity Act, August 21
Bitcoin surged past $71,000 on August 20 as falling US Treasury yields and Trump’s crypto meeting sparked a $2.7 billion short squeeze. The rally marks the coin’s highest level since early June.