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Nvidia Beats Q2 Forecasts With $96.2B Revenue, Guides 70% Growth
Nvidia beats Q2 earnings with $96.2B revenue and $2.22 EPS. CEO Huang forecasts 70% fiscal 2028 growth and reveals major Amazon GPU contract. Stock rises 4% after initial decline.
Trump-Backed Mazzei Wins Oklahoma GOP Governor Primary by 2,020 Votes
Trump-backed Mike Mazzei wins Oklahoma’s GOP governor primary runoff by 2,020 votes over Attorney General Gentner Drummond. Mazzei will face Democrat Cyndi Munson in November.
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.
Qantas Double Status Credits Offer Runs Until September 2, 2026
Qantas frequent flyers can earn double status credits or points until September 2, 2026 on eligible flights. Travel must occur between September 3, 2026 and August 14, 2027. Registration required via Qantas app.
US Threatens Iran’s Trading Partners With Sanctions as Treasury Tightens Economic Grip
Trump administration threatens secondary sanctions on Iran’s trading partners including China, Turkey, and UAE. Treasury Secretary Bessent warns countries to cut ties with Tehran or face US penalties.
US Core PCE Holds at 3.3% in July, Dollar Edges Higher on Inflation Data
US core PCE inflation held steady at 3.3% in July 2026, matching expectations but staying well above the Fed’s 2% goal. The dollar rose slightly as markets await Jackson Hole guidance.
US Stock Market Outlook: Dow and S&P 500 Futures Flat, Nasdaq Futures Down 0.2%
US stock futures were little changed on August 26, 2026, as investors stayed cautious ahead of two major market events. Dow and S&P 500 futures hovered around the flat line, while Nasdaq futures slipped about 0.2%. Wall Street is waiting for Nvidia’s quarterly earnings and July PCE inflation data, the Federal Reserve’s preferred inflation gauge….
Oil Prices Fall Over 2% as Iran Talks Raise Hopes for Strait of Hormuz Reopening
Oil prices fell more than 2% on August 26, 2026, after renewed Iran-Oman talks raised hopes that the Strait of Hormuz could reopen. Brent crude slipped to around $86.30 a barrel, while WTI traded near $80.15, extending the previous session’s losses. Markets are now watching whether diplomatic progress can restore shipping through the waterway. A…
FTSE 100 Holds Near Multi-Week Highs Despite 1.5% Drop in Shell and BP
The FTSE 100 held broadly flat near 10,880 on Wednesday, August 26, 2026. Shell and BP both fell more than 1.5% as crude oil prices dropped sharply. The index stayed close to multi-week highs, building on Tuesday’s 0.3% gain. Oil Majors Drag While Miners Support the Index Brent crude fell around 2% to roughly $86…