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Duolingo Stock Drops 9% as Q3 Revenue Guidance Misses Estimates Despite Q2 Earnings Beat
Duolingo shares fell sharply Wednesday, August 5, 2026, despite beating Q2 earnings estimates. The stock dropped as much as 12% in after-hours trading, sliding to $119.25. Weak third-quarter revenue guidance overshadowed otherwise strong second-quarter results. Investors focused on Duolingo’s cautious outlook rather than its double beat on revenue and profit. Duolingo Q2 2026 Earnings: Revenue…
JAL and ANA Cut International Fuel Surcharges in September 2026
Japan Airlines (JAL) and ANA cut international fuel surcharges in September 2026 as oil costs decline. Passengers on international routes will pay less starting next month.
Kao Launches Shareholder Rewards Program on August 5, 2026
Kao introduces shareholder rewards program with product gifts worth ¥6,000-¥10,000 for holders of 400+ shares. Meyka rates the stock B+ with neutral outlook.
Jetstar Charges Up to A$52 for Overhead Bags From February 2027
Jetstar will charge A$25 to A$52 for overhead carry-on bags from February 2027. Passengers get one free under-seat bag. The 7kg limit is scrapped in favour of size restrictions.
Costco Canada Recalls Alfa Croissants Over Mould Risk on August 5
Costco Canada recalls Alfa Croissants 24-packs due to mould risk in lot codes 10726 and 08626. Affected products sold June-July 2026 at Costco Business Centres. Full refunds available.
Jetstar Charges Up to A$52 for Overhead Bags From February 2027
Jetstar will charge A$25 to A$52 for overhead baggage from February 2027. Under-seat bags remain free. The budget airline is removing its 7kg weight limit and no longer weighing bags at the gate.
Suncor Energy Inc. Reports C$3.7 Billion Profit on Strong Refining Performance
On August 4, 2026, Suncor Energy Inc. reported a quarterly profit of C$3.7 billion, beating market expectations even as oil production declined. The company’s refining business delivered record results and made up for maintenance-related disruptions at its oil sands operations. The quarter showed how strong refining margins can support earnings when upstream production slows. So,…
Polymarket Targets $20 Billion Valuation in New $1 Billion Funding Round
Polymarket is in early talks to raise about $1 billion at a valuation exceeding $20 billion, Bloomberg reported on August 4, 2026. The prediction market platform closed its previous round in April at a $15 billion valuation, backed partly by a $600 million investment from Intercontinental Exchange, parent of the New York Stock Exchange. The…
Taiwan Launches Major Raids in High-Tech Talent Recruitment Investigation
On August 5, 2026, Taiwan began one of its largest investigations into suspected illegal recruitment of high-tech professionals by Chinese companies. Authorities searched dozens of locations and questioned more than 100 people during a nationwide operation. The action comes as Taiwan steps up efforts to protect its semiconductor expertise, one of the country’s strongest economic…