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Lego Profit Surges 32% as ‘Stronger Than Expected’ First Half Sets Up Double-Digit 2026 Growth
Lego posted a 32% jump in first-half net profit on Tuesday, August 25, 2026. The Danish toymaker reported 8.6 billion Danish kroner ($1.34 billion) in profit. CEO Niels Christiansen called results “stronger than expected across the board.” First-Half Results by the Numbers Lego generated record first-half revenue of 41.9 billion Danish kroner ($6.54 billion), up…
Crypto Prices Today: Bitcoin Surges to $80,784, Solana Leads Market Rally With 35% Weekly Gain
Crypto prices are back in focus on August 25, 2026, after Bitcoin moved above the $80,000 mark. Bitcoin traded near $80,784, gaining almost 5% in 24 hours and more than 25% over the past week. The rally has also reached other major cryptocurrencies. Solana has gained more than 35% this week, putting it among the…
Enflame Plans $892 Million Shanghai IPO, Offering 43 Million Shares as China’s AI Chip Race Heats Up
China’s AI chip race is entering another busy phase as Enflame Technology targets a 6 billion yuan ($892 million) Shanghai IPO. The Tencent-backed chipmaker plans to issue 43.04 million new shares, with subscriptions set to open on September 2, 2026. Price consultations will start on August 28. The offering comes as Chinese AI chipmakers draw…
Nvidia (NVDA) Earnings Could Trigger $280 Billion Market Cap Swing as Options Price In 5.4% Move
Nvidia reports fiscal second-quarter earnings Wednesday, August 26, 2026, after market close. Options traders are pricing in a 5.35% implied move, according to Benzinga data from August 24. That swing translates to roughly $282 billion in market value, based on Nvidia’s current $5.26 trillion market capitalization. Wall Street expects revenue near $92.16 billion, just above…
Xiaomi (HK: 1810) Launches In-House Xring O3 Chip and Partners with TSMC for Production
Xiaomi unveiled its Xring O3 chip on August 24, 2026, adding another in-house processor to its growing semiconductor effort. Sources familiar with the plans say TSMC will manufacture the chip using 3nm technology. The processor is expected to power Xiaomi’s next flagship foldable, with initial shipments estimated at 200,000 to 300,000 units. Developing its own…
Shein Targets $27B (£20B) Valuation in Long-Awaited Hong Kong IPO, Raising to $1.8B
Shein launched its Hong Kong IPO on Monday, August 24, 2026, targeting a valuation of up to 27billion.Thefast-fashionretaileraimstoraiseasmuchasHK13.86 billion, or 1.77billion.ShareswillpricebetweenHK47.60 and HK$49.50 apiece. IPO Structure and Timeline Shein is selling 280 million Class B shares in the offering. The company will confirm its final IPO price on August 31, 2026. Trading on the Hong…
Bitcoin Price Jumps Over 24% in a Week, Breaks $78,000 Amid $2.7 Billion Liquidations
Bitcoin surged more than 24% in the week ending August 24, 2026, pushing above $78,000 as bullish momentum returned to the crypto market. The sharp move also triggered around $2.7 billion in short liquidations, adding further buying pressure. With Bitcoin now nearing the $80,000 level, investors are watching whether fresh demand can keep the rally…
Oil Price Falls as Markets Brace for Trump’s Plan to Isolate Iran’s Economy
Oil prices fell on August 24, 2026, as traders booked profits ahead of new US sanctions targeting Iran. Brent crude slipped to around $93.17 a barrel, while WTI fell to $85.86. Both benchmarks had gained more than 5% last week as US-Iran talks stalled and supply risks grew. Markets are now watching Trump’s Iran strategy…
Study: Babies Born Under Sugar Rationing Face Lower Cancer Risk Decades Later
Study of 64,761 UK adults shows those exposed to sugar rationing in infancy had lower cancer risk decades later. Researchers found reductions in liver, prostate, lung, rectal, and breast cancers.