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Nike Stock Hits 12-Year Low at $39.09 on August 18, 2026
Nike stock hits 12-year low at $39.09 on August 18, 2026, down 78% from 2021 peak. China revenue fell 11%, direct sales dropped 6%, and analyst outlook remains bleak.
LG Electronics, Nvidia Expand Robotics Alliance as Seoul Data Factory Targets 100,000 Hours of AI Training Data
LG Electronics is deepening its robotics partnership with Nvidia at a new data factory in Seoul. Senior executives from both companies met Tuesday, August 18, 2026, at LG’s Yangjae R&D Campus. The facility aims to collect 100,000 hours of robot training data by year-end. That volume equals roughly 12 years of continuous data generation. The…
XRP vs Stablecoins in 2026: USDT Hits $182.98 Billion, USDC Tops $71.96 Billion Can XRP Compete?
As of August 18, 2026, stablecoins continue to account for a large share of crypto’s dollar-based liquidity. USDT is near $183 billion, while USDC is around $72 billion in market value. XRP, by comparison, trades near $1, with a market capitalisation of roughly $62 billion. Still, an XRP vs stablecoins comparison is not only about…
Milky Mist IPO: Shares Jump 30% on India Debut, Valuation Hits $1.46 Billion After ₹140 Issue Price
Milky Mist Dairy Food shares surged nearly 30% on their India stock market debut Tuesday, August 18, 2026. The stock listed at ₹165 on the NSE and BSE, an 18% premium over its ₹140 issue price. Shares later touched an intraday high of ₹181.50, pushing gains to 29.64%. That rally lifted Milky Mist’s market capitalization…
FTSE 100 Today: Index Rises 0.16% as BP Jumps 2.1%, Shell Gains 1.5% Despite Hormuz Strike
The FTSE 100 today edged 0.16% higher on August 18, 2026, with energy stocks helping the index stay in positive territory despite fresh tensions around the Strait of Hormuz. BP shares climbed 2.1%, while Shell gained 1.5% as oil prices moved higher after a vessel was struck along the key shipping route. Brent crude was…
Apple iPhone 17 Pro Max Price Drops to ₹1,03,300 in India With ₹9,000 Bank Offer and Exchange Deal
The iPhone 17 Pro Max effective price has dropped sharply in India during Flipkart’s Freedom Sale 2026. The 256GB variant now lists at ₹1,41,900, down ₹8,000 from its ₹1,49,900 launch price. With eligible exchange and bank offers combined, buyers can bring the effective price down to around ₹98,300 to ₹1,03,990. How the iPhone 17 Pro…
Sunshine Coast Philanthropists Roy and Nola Thompson Die 8 Days Apart After Giving $20M
Sunshine Coast philanthropists Roy and Nola Thompson, married 69 years, died 8 days apart after donating $20M+ to hospitals, universities, and charities across Queensland.
Schott Pharma (ETR: 1SXP) Shares Jump 4% as Barclays Upgrades Stock to Overweight on Growth Inflection
Schott Pharma shares jumped as much as 6.5% on August 18, 2026, hitting a new 52-week high of €23. Barclays upgraded the stock to “overweight” from “equal weight” and raised its price target to €27 from €16. Analyst Jonathon Unwin cited a genuine growth inflection after three years of declining earnings estimates. The upgrade reflects…
Ausgold Jumps on $776M Takeover as Oil Tops $90 and ASX 200 Stays Flat
Ausgold shares surged on August 18, 2026, after OceanaGold agreed to acquire the company in a A$776 million deal. The offer values Ausgold at A$1.36 per share, a 28% premium to its last close. Brent crude climbed 2.3% to US$90.52 a barrel the same day. The ASX 200 finished flat at 9,070 points, down just…