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Nike Stock Drops 4% to 12-Year Low Below $40 as Downgrades and Weak Sales Raise Turnaround Risks
Nike stock faced fresh selling pressure on August 17, 2026, falling about 4% and moving below the $40 mark. The shares touched around $38.85, their lowest level since 2014. Weak sales, softer footwear demand, and new analyst downgrades have added to concerns about Nike’s turnaround. Investors are now watching to see whether the sportswear giant…
Prichard Colón Dies at 33, 11 Years After Illegal Blows in 2015 Fight
Prichard Colón, a promising Puerto Rican boxer, has died at 33 after spending 11 years in care following a 2015 fight injury that left him with permanent brain damage and a 221-day coma.
Delta Launches Austin-Paris Route in March 2027, Expands European Hub
Delta Air Lines launches daily nonstop service from Austin to Paris beginning March 27, 2027, on an Airbus A330-900neo. The route offers connections to 70+ European destinations through Air France partnerships.
Bitcoin Today: BTC Stabilizes Near $63,500 as CPI Falls to 3.4%
Bitcoin traded near $63,605 on Thursday, August 13, 2026, holding steady after cooling US inflation data. The Consumer Price Index rose just 0.1% in July, pushing annual inflation down to 3.4% from 3.5%. Bitcoin barely reacted, closing Wednesday at $63,402, down only 0.24%. The cryptocurrency remains locked in a tight consolidation range between $63,600 and…
Meta Removes 756,000 Australian Teen Accounts as Under-16 Social Media Ban Enforcement Tightens
Meta has removed more than 756,000 Australian accounts suspected of belonging to users under 16. The Facebook and Instagram owner confirmed the total on Thursday, August 13, 2026. That figure includes 462,000 Instagram accounts and 294,000 Facebook accounts. Meta shares (NASDAQ: META) closed at $578.27 on Wednesday, down from $599.64 a day earlier. Australia’s world-first…
Lim Tean Deported to Singapore After Arrest in Malaysia on August 11
Lawyer Lim Tean deported from Malaysia to Singapore after arrest in Johor. He failed to surrender for jail term on August 3. Two men charged for arranging his illegal departure.
Anthropic Strikes $9.1 Billion AI Cloud Deal With Riot Platforms to Expand Claude Computing Capacity
Anthropic has struck a $9.1 billion, 20-year computing deal with Riot Platforms Inc. to expand capacity for its Claude AI models. The agreement covers 191 megawatts of IT capacity at Riot’s Rockdale, Texas campus, enough to power roughly 143,000 homes. Riot Platforms shares surged over 25% in after-hours trading Monday, August 10, 2026, after Bloomberg…
Daniel Kinahan Extradited to Ireland, Remanded in Custody Until October 5
Daniel Kinahan, suspected leader of the Kinahan cartel, extradited from UAE to Ireland. Charged with directing criminal organisation. Remanded in custody until October 5, 2026.
Irish Crime Boss Daniel Kinahan Extradited From Dubai, Charged August 9
Daniel Kinahan, suspected leader of the Kinahan Organised Crime Group, was extradited from Dubai to Ireland on August 9 and charged with directing a criminal organization. He faces trial in Dublin’s Special Criminal Court.