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Nvidia Stock Drops 1.6% Despite $96.2B Revenue Beat on August 27
Nvidia posts record $96.2B Q2 revenue and forecasts 70% growth for fiscal 2028, but stock slides 1.6% as investors fret over slowing expansion and supply limits.
PORR Shares Tumble 10% After Q2 Revenue Miss and 32% Drop in Order Intake
PORR AG shares tumbled sharply at Thursday’s market open on August 27, 2026, despite the Austrian construction group posting stronger half-year earnings. The Vienna-listed builder reported H1 EBIT of €56.3 million, up 15.6% from €48.7 million a year earlier. Markets instead focused on the isolated second quarter, where order intake fell 32.2%, and revenue missed…
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…
HDFC Bank (HDFCBANK) Shares Fall 2% to 52-Week Low as US Securities Class-Action Lawsuit Weighs
HDFC Bank shares fell more than 2% to ₹710 on August 27, 2026, hitting a fresh 52-week low as investors reacted to a US securities class-action lawsuit against the lender and two senior executives. The legal case adds to the pressure on HDFCBANK stock, which was already trading well below its previous high. HDFC Bank…
Nvidia (NVDA) Reportedly Agrees to Buy Hugging Face for $12.9 Billion in Major AI Expansion
Nvidia (NVDA) has reportedly agreed to buy AI platform Hugging Face for $12.9 billion, according to reports published on August 27, 2026. The potential deal would give Nvidia greater control over a major hub for open-source AI models and datasets. It also shows that the chip giant is looking beyond GPUs. As competition in AI…
Darline Graham Wins South Carolina GOP Senate Runoff on Trump Backing, August 26
Darline Graham wins South Carolina GOP Senate runoff with Trump endorsement and $827,000 in super PAC spending. Political newcomer will face Democrat Annie Andrews in November.
Canada hits US with C$27.6B tariff counterpunch on August 26
Canada imposes C$27.6B in retaliatory tariffs on US goods starting September 8, targeting paper, dairy, steel, and appliances in response to Trump’s 50% tariffs. Kimberly-Clark and Cascades face margin pressure.
Peter Woo’s Family Office Seeks $1 Billion Private Equity Exit
Peter Woo’s family office is looking to sell $1 billion of private equity stakes including HSG and Vista Equity Partners, as secondary PE sales surge globally.
Nvidia Stock Faces Fresh Pressure as AI Trade Doubts Grow Despite 14% Gain
Nvidia stock is up about 14% in 2026, but investor confidence in the AI trade is facing another test. On August 26, 2026, Nvidia is due to report its fiscal second-quarter results. Wall Street will be looking for signs that AI demand can continue growing at its current pace. The stock’s strong gains have lifted…