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Hatanaka Kento Suffers Shocking TKO Loss to Albino on August 16
Former WBO Asia Pacific flyweight champion Kento Hatanaka loses to Kenneth Albino by TKO in round five on August 16 in Aichi, Japan. Hatanaka hospitalized after knockout.
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…
SK Hynix Becomes Kioxia’s De Facto Top Shareholder as Toshiba Exits
SK Hynix becomes Kioxia’s de facto top shareholder as Toshiba reduces its stake to 14.06% through seven stock sales. The Korean chipmaker holds convertible bonds that could grant it voting control.
Hindustan Copper (NSE: HINDCOPPER) Shares Surge 7.36% to ₹568 as Global Copper Prices Rebound
Hindustan Copper shares surged 7.36% to ₹568 on Monday, August 17, 2026, tracking a global copper rally. The stock climbed from Friday’s close of ₹528.85, touching an intraday high of ₹574.90. COMEX copper futures rose 1.72% to $6.72 per pound, while LME spot prices pushed toward record levels. Supply tightness across major exchanges is now…
Bitcoin Price Today: BTC Rises 0.65% to $63,466 as Ethereum Gains 1.13% Above $1,900, Fed Signals in Focus
Bitcoin climbed 0.65% to $63,466 on Monday, August 17, 2026, opening the week modestly higher after a choppy stretch below $64,000. Ethereum outpaced its larger rival, gaining 1.13% to reclaim the $1,900 level that had capped gains through the weekend. Both moves came as traders positioned around fresh signals on the Federal Reserve’s next rate…
Alibaba (NYSE: BABA) to Sell Lingxi Games to Trustar Capital in Deal Worth Over $2 Billion
Alibaba Group Holding Limited agreed on August 17, 2026, to sell its gaming arm, Lingxi Games, to Trustar Capital. The deal values the gaming unit at above $2 billion. Alibaba shares rose 1.25% to trade near $84.50 following the announcement. This transaction aligns with the tech giant’s strategy to shed non-core assets and focus on…
Gina Rinehart’s $1.4B SpaceX Bet Signals Billionaire Confidence in Musk
Gina Rinehart, Australia’s richest person, holds 8 million SpaceX shares worth $1.4 billion, making it her largest US investment. Her US portfolio surged from $3.3 billion to $5.7 billion in six months.
Vedanta Ltd Rises 0.71%: Promoter Pledges, Open-Market Buys and Asset Strategy in Focus
Vedanta Ltd shares rose 0.71% on August 17, 2026, as investors tracked fresh developments around promoter funding and the group’s asset strategy. Promoters are reportedly looking to raise ₹2,000-3,000 crore to increase stakes in select recently listed businesses through open-market purchases. The plan has also put Vedanta’s share pledges and financing arrangements under closer watch….
Rinehart’s $1.4B SpaceX Stake Signals Billionaire Confidence in Musk’s Space Bet
Gina Rinehart holds 8 million SpaceX shares worth USD 1.4 billion, her largest US investment outside mining. SpaceX shares have recovered 35% this month after a sharp July decline.