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Scalable Capital Raises Savings Rates to 2.60% on September 1, 2026
Scalable Capital raises overnight account interest to 2.60% p.a. and launches fixed-term accounts at up to 3.00% p.a. as of September 1, 2026. Full details on rates, deposit protection, and how it compares to competitors.
Sher-E-Punjab T20 League Kicks Off With Shubman Gill Leading Fazilka Falcons
Sher-E-Punjab T20 League 2026 debuts with six franchises, India captain Shubman Gill leading Fazilka Falcons. Tournament runs through September 13 at Mohali with 27 matches.
South Korea’s KOSPI Crashes 40%, Erasing 400 Trillion Yen in Market Value
South Korea’s KOSPI index crashed 40% in six weeks after an AI bubble burst. The market lost 400 trillion yen as retail investors faced devastating losses on leveraged bets.
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…
Salesforce (CRM) Stock Soars 13% to $232 After Hours as AI Growth and $2.6 Billion Anthropic Gain Fuel Rally
Salesforce (NYSE: CRM) stock surged about 13% to nearly $232 in after-hours trading on August 26, 2026, after the company reported strong fiscal second-quarter results. Revenue rose 11% to $11.35 billion, while rising demand for its AI products gave investors more confidence in the company’s growth. A $2.6 billion gain linked to Anthropic added to…
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.
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.
FTSE 100 Today: UK Stocks Dip as Iran Sanctions ‘Economic D-Day’ and Asian Tech Rout Cloud Markets
On August 24, 2026, the FTSE 100 today came under pressure as investors weighed tougher US sanctions on Iran alongside a sharp selloff in Asian technology stocks. The index initially slipped as markets waited for details of Washington’s measures. South Korea’s KOSPI fell 3.12%, while Hong Kong’s Hang Seng dropped about 2%. Oil prices also…
Alibaba Falls 8% After Pricing 710 Million New Shares at 8.4% Discount
Alibaba shares fell about 8% in early Hong Kong trading on August 24, 2026, after the company priced 710 million new shares at HK112.70each.ThedealwillraiseHK80 billion ($10.21 billion) to support its artificial intelligence plans. The 8.4% discount has raised concerns about shareholder dilution and the cost of Alibaba’s expanding AI spending. Investors are now weighing the…