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Qantas Accelerates A380 Retirement to 2028, Cuts Four Years From Phaseout Plan
Qantas will retire its Airbus A380 fleet from mid-2028, four years earlier than planned. The airline is replacing superjumbos with Boeing 787s and Airbus A321XLRs as part of a multibillion-dollar fleet overhaul.
Bitcoin Slides 3.5% to $77,417 as Strategy Sale Triggers $5B Liquidation
Bitcoin fell 3.5% to $77,417 after Strategy’s 32 BTC sale sparked $5 billion in futures liquidations and $4.4 billion in ETF outflows.
Hyperliquid USD Drops 5.8% to $79.80 Ahead of $1.2B Token Unlock
HYPEUSD fell 5.8% to $79.80 as a 14.18 million token unlock worth $1.2 billion looms on August 29, triggering seller concerns.
Itochu to Invest ¥250B in Dentsu Soken, Taking 38.2% Stake
Itochu to invest ¥250 billion for 38.2% stake in Dentsu Soken via tender offer. Move aims to resolve parent-subsidiary dual listing structure and expand Itochu’s IT segment.
Take-Two Stock Rises 1.8% as GTA 6 Netflix Preview Draws 260M in Preorders
Take-Two shares jump 1.8% after GTA 6’s Netflix debut draws 260M in preorders and crashes servers. Game launches November 19 for PS5 and Xbox Series X/S.
Malaysia’s Ex-HR Minister Charged With RM1.1M Bribery Over Foreign Worker Quotas
Former Malaysian HR minister M Saravanan charged with RM1.097 million in bribes for approving 1,000 foreign worker quotas. He pleaded not guilty on August 28 and was granted RM450,000 bail.
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…
ULTA Stock Slips as Ulta Beauty Posts $6.55 EPS, $3.04 Billion Revenue and Lifts Guidance
ULTA stock slipped on August 28, 2026, despite a strong fiscal second-quarter report from Ulta Beauty. The beauty retailer posted $6.55 in diluted EPS and $3.04 billion in net sales for the quarter ended August 1, beating Wall Street estimates. Ulta also raised its full-year fiscal 2026 outlook. That leaves investors weighing strong earnings against…
Bitcoin (BTC) Slips to $79,348 After Three-Month High as Fed Rate Outlook Takes Center Stage
Bitcoin (BTC) slipped to $79,348 on August 28, 2026, after climbing above $81,000 earlier in the session to reach a three-month high. The pullback came as investors took some profits and BTC struggled to stay above the $80,000 level. Attention has now turned to the Federal Reserve’s interest-rate outlook and Kevin Warsh’s Jackson Hole speech….