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Moonshot AI Negotiates Revenue-Sharing Deals With Microsoft, Amazon and Google
Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon, and Google, Reuters reported on August 26, 2026. The Beijing-based startup wants these three cloud giants to host its Kimi K3 model. Moonshot is seeking up to 30% of revenue generated from K3-related services. A completed deal would mark the first major revenue-sharing pact between a…
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…
Varun Beverages Ltd Stock in Focus as Morgan Stanley Highlights RTD, Alcobev Opportunity
Varun Beverages Ltd stock is back in focus on August 26, 2026, after the company announced plans to enter the ready-to-drink (RTD) alcoholic beverages market through KIVA Spirits. Morgan Stanley retained its Overweight rating and a ₹557 target price, pointing to more than 27% potential upside. The move gives the PepsiCo bottler another growth avenue…
Adani Energy Shares Rise 3% on ₹4,700 Crore Transmission Project Win; Order Book Hits ₹85,000 Crore
Adani Energy Solutions shares rose 1.75% to ₹1,617.85 on the BSE on Wednesday, August 26, 2026. The rally followed news that AESL won a ₹4,700 crore transmission project in Maharashtra. This latest contract pushes the company’s total order book past ₹85,000 crore, building on July’s ₹80,000 crore milestone. The stock has now gained 56% over…
Qantas Launches Double Points Offer as RBA Credit Card Reforms Loom on August 26
Qantas offers double frequent flyer points or status credits through September 2, 2026, ahead of RBA reforms cutting credit card rewards. Bookings must be made by September 2 for travel through August 14, 2027.
Israel Raids Last UNRWA Facility in East Jerusalem on August 25
Israeli forces raided UNRWA’s Qalandiya Training Center in East Jerusalem on August 25, seizing the agency’s last facility in the territory. Netanyahu cited a 2024 law banning the organization over alleged Hamas ties.
Trump Proposes $103,265 H-1B Visa Fee, Up From $3,000 on August 25
Trump administration proposes $103,265 H-1B visa fee to recover immigration system costs and encourage hiring of American workers. Public comment period opens for 30 days.
Human Remains Found 15 Miles From Nancy Guthrie’s Home, August 25
Human remains found 15 miles from Nancy Guthrie’s Tucson home on August 17 have no indication of connection to her disappearance, but highlight how desert conditions complicate missing persons cases in Arizona.
Gold and Silver Rally to 3-Month Highs as Dollar Weakens, August 25
Gold hits $4,635 per ounce, silver reaches $69.36 as weaker dollar and Treasury buybacks drive precious metals to 3-month highs. August rally marks best month since 1999.