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KOSPI Rebounds 0.97% as Leveraged ETF Outflows Ease Chip Volatility
KOSPI climbs 0.97% to 6,808 as Samsung and SK Hynix gain on chip strength and lower oil prices. Leveraged ETF outflows of nearly $1 billion signal cooling AI investment fervor in South Korea.
South Korea’s KOSPI Rebounds 0.97% on Chip Gains Ahead of Nvidia Earnings
South Korea’s KOSPI climbs 0.97% to 6,808.21 on August 26 as chip stocks rally ahead of Nvidia earnings. The index is recovering from a 40% crash that wiped out $2.5 trillion in value over six weeks.
NSE, BSE Open on August 26 for Eid-e-Milad; Settlement Holiday Delays Payouts
NSE and BSE remain open on August 26 for Eid-e-Milad, but settlement operations close. Profits from August 25 trades settle on August 27. MCX also trades normally.
GOOGL Stock: Alphabet Reports 24% Q2 Growth as Revenue Outlook Draws Attention
GOOGL stock stayed in focus after Alphabet reported 24% revenue growth for the quarter ended June 30, 2026. Consolidated revenue reached $119.8 billion, beating Wall Street’s $116.93 billion estimate comfortably. Google Cloud revenue surged 82% to $24.8 billion, marking the segment’s strongest quarter in years. Net income jumped 298% to $112.1 billion, boosted by a…
Energy Sector Stocks Rise as Crude Oil Falls to $85: BPCL, Indian Oil, IndiGo in Focus
Energy sector stocks stayed in sharp focus Wednesday, August 26, 2026, as crude oil eased toward $86 a barrel. Brent crude fell 2.6% to $86.20, extending losses into a third straight session. Iran and Oman discussed establishing a temporary joint maritime corridor in the Strait of Hormuz to ease supply concerns. BPCL, Indian Oil, and…
Gold Hits 3-Month High at $4,698 as Treasury Buyback Fuels Rally
Gold hits $4,698 per ounce, a 3-month high, driven by U.S. Treasury bond buyback plans and dollar weakness. Citi raises target to $4,800 as investors brace for PCE data and Jackson Hole speech.
Zcash Slides 5.5% to $783.60 After Grayscale ETF Launch Profit-Taking
ZECUSD fell 5.5% to $783.60 on August 25 following profit-taking after the Grayscale Zcash ETF launch, though the RSI at 84.77 signals extreme overbought conditions.
UOB Wins S$76.1M Appeal Against Lippo Marina Collection on August 26
UOB’s damages award against Lippo Marina Collection jumped from S$17.7M to S$76.1M after appeal court ruled rental income should not reduce fraud losses from inflated housing loans.
JPMorgan Eases Share Lending Rules to Court AI Wealth, August 25
JPMorgan Chase loosens lending policy on share holdings for SpaceX and Anthropic employees, signaling a strategic shift to capture AI-driven wealth management opportunities.