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Intel (NASDAQ: INTC) Upsizes Stock Offering to $20 Billion at $95 a Share, Stock Gains 1% Premarket
Intel Corporation priced an upsized $20 billion common stock offering on August 11, 2026. The chipmaker sold 210,526,315 shares at $95 per share, up from an initial $15 billion target announced Monday. Intel shares gained about 1% in premarket trading Tuesday, recovering after Monday’s 4% drop. The deal reflects surging demand for Intel’s foundry buildout…
Scottish Housebuilders Collapse Into Administration With Homes Unfinished, August 11
Three Scottish housebuilders collapsed into administration in 2026, leaving 35+ homes incomplete and owing over £8.5m. Buyers face delays; creditors expect significant losses.
QVC Exits Bankruptcy With $5B Debt Cut, Mike George Returns as CEO on August 7
QVC exits bankruptcy with $5 billion debt reduction and $600 million new credit facility. Former CEO Mike George returns to lead turnaround as company relists on Nasdaq under symbol QVCG.
First Phosphate Uplists ADRs to Nasdaq on August 10, 2026
First Phosphate uplists Level 2 ADRs to Nasdaq Global Market under ticker PHOS on August 10, 2026. The move converts OTCQX holdings automatically and maintains a 10-to-1 ADR ratio.
NHK Apologizes for Mishandling Sexual Assault Case, Employee Diagnosed With PTSD
NHK apologizes for denying a sexually assaulted employee’s transfer request for 3+ years, leading to PTSD diagnosis. Investigation committee found the broadcaster’s response inadequate and prioritized procedure over human rights.
SoftBank (TYO: 9984) Faces AI Funding Test as Investors Focus on OpenAI Investment Strategy Ahead of Q1 Earnings
SoftBank Group Corp will report Q1 FY2026 earnings on August 6, 2026. Investors are closely watching how the company funds its massive OpenAI commitments. SoftBank’s share price has dropped nearly half since early June 2026. Analysts expect net profit of ¥148.4 billion for the April-June quarter. SoftBank Q1 Earnings Preview: What Analysts Expect Four analysts…
Nvidia CEO: AI Data Centers Will Create Six-Figure Trade Jobs by 2030
Nvidia CEO Jensen Huang predicts AI data center boom will create six-figure salary jobs for electricians, plumbers, and construction workers. McKinsey estimates 130,000 electricians needed in US alone by 2030.
Sony Group Corp. Reports 32% Profit Growth Despite Earthquake Disruptions
On July 31, 2026, Sony Group Corp. reported a 32% increase in quarterly profit, even after a powerful earthquake in Japan disrupted some of its operations earlier in the week. Strong results from its PlayStation, music, and imaging businesses helped offset temporary issues at several semiconductor facilities. The better-than-expected earnings also led Sony to raise…
Costco Agrees to $14M Settlement Over Misleading Email Promotions
Costco settles $14M class action lawsuit over misleading promotional emails sent to Washington residents. Eligible customers can claim a share by August 24, 2026.