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Autodesk (ADSK) Stock Falls 4% Despite Q2 Earnings Beat as Fiscal 2027 Guidance Disappoints
Autodesk (ADSK) stock fell about 4% on August 28, 2026, even after the company beat Wall Street estimates in its fiscal second-quarter results. Autodesk posted $2.05 billion in revenue and $3.30 in adjusted EPS, both above expectations. Investors quickly turned their attention to the fiscal 2027 outlook. The strong Q2 numbers were not enough to…
FTSE 100 Rises 27 Points to 10,820 as Wall Street Tech Rally Boosts Market Sentiment
The FTSE 100 gained 27.62 points, or 0.26%, to 10,820.16 in late-morning trading on Friday, August 28, 2026. The index had touched an early high of 10,844.99 before giving back some gains. A technology-led rally on Wall Street overnight drove the risk-on tone across London markets. Wall Street’s Tech Surge Sets the Tone Nvidia jumped…
MV Electrosystems Shares Jump 19% to Record High of ₹768 After Q1 Earnings Call
MV Electrosystems shares surged 18.7% to a record intraday high of ₹768 on August 28, 2026, after the company’s Q1 FY27 earnings call. The rally came despite weak quarterly profitability, with investors instead focusing on its nearly ₹1,000 crore order book and plans to improve margins. The stock has gained strong momentum since its recent…
NCLT Approves Subhash Chandra Settlement: ₹22,006 Crore Debt Cut to ₹6.5 Crore
NCLT approves Subhash Chandra’s settlement plan: ₹22,006 crore debt reduced to ₹6.5 crore with 99.97% haircut. HDFC Bank considers appeal as Congress criticizes ruling.
Over 65% of Australians Aged 75+ Digitally Excluded as Services Go Online
Over 65% of Australians aged 75+ are digitally excluded as essential services move online. Families fill the gap while experts call for non-digital access options and digital literacy support.
US and China Race for Pacific Deep-Sea Mining as Australia Faces Pressure to Act
US and China compete for Pacific deep-sea mining of critical minerals worth USD 30 trillion. Australia faces pressure to shape international governance before operations start in 2027.
Meta (META) $18 Billion Settlement Escalates Global Fight Over Social Media Harm to Teens
Meta agreed on August 26, 2026, to pay up to $18 billion to settle claims that Facebook and Instagram were designed in ways that harmed young users. The deal also brings strict new limits for teenagers, including daily usage caps and overnight restrictions. But the settlement reaches beyond Meta. It could increase pressure on TikTok,…
NVDA Stock in Focus as Nvidia Forecasts Strong AI Chip Demand Through Fiscal 2028
Nvidia’s latest results have put NVDA stock back in focus as demand for AI chips continues to hold up. On August 26, 2026, Nvidia forecast about 70% revenue growth for fiscal 2028, well above Wall Street’s 44% estimate. The company also reported $96.22 billion in quarterly revenue, with data-centre sales topping $89 billion. Investors are…
Nepal Floods Hit Indian Stocks: Emami (EMAMILTD) Slides 3%, NHPC Falls 1% as Operations Face Disruption
Nepal’s deadly flash floods are weighing on Indian stocks with exposure to the country. On August 27, 2026, Emami (EMAMILTD) fell as much as 3.35%, while NHPC also traded lower as investors assessed possible disruption to operations. Floodwaters have damaged roads, bridges and power infrastructure, raising concerns about supply chains and business activity. Investors are…