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Meta Goes to Trial in 29-State Case Over Child Safety and Mental Health
Meta is facing a major legal test as a 29-state case over child safety and youth mental health moves forward in the US. Opening arguments began on August 18, 2026, in a federal court in Oakland, California. The states accuse Meta of designing Facebook and Instagram features that can keep young users hooked and of…
Schott Pharma (ETR: 1SXP) Shares Jump 4% as Barclays Upgrades Stock to Overweight on Growth Inflection
Schott Pharma shares jumped as much as 6.5% on August 18, 2026, hitting a new 52-week high of €23. Barclays upgraded the stock to “overweight” from “equal weight” and raised its price target to €27 from €16. Analyst Jonathon Unwin cited a genuine growth inflection after three years of declining earnings estimates. The upgrade reflects…
Ausgold Jumps on $776M Takeover as Oil Tops $90 and ASX 200 Stays Flat
Ausgold shares surged on August 18, 2026, after OceanaGold agreed to acquire the company in a A$776 million deal. The offer values Ausgold at A$1.36 per share, a 28% premium to its last close. Brent crude climbed 2.3% to US$90.52 a barrel the same day. The ASX 200 finished flat at 9,070 points, down just…
Kroger Closes 35+ Harris Teeter Stores by August 18 as 60-Store Overhaul Continues
Kroger has closed 35+ stores including Harris Teeter locations in Virginia, Maryland, and North Carolina. The company plans 60 total closures by end of 2026 after its failed Albertsons merger.
CSL Ltd Shares Rise 17.21% as Company Signals Flat FY2027 Revenue
CSL Ltd shares jumped 17.21% on August 18, 2026, despite the company posting a $2.6 billion net loss. Australia’s largest healthcare firm flagged flat revenue for FY2027 alongside a return to profit growth. Investors focused on the earnings outlook rather than the headline loss. The rally marked CSL’s biggest single-day gain since June 2001. CSL’s…
Flock Safety Stock Faces Backlash as 20+ Jurisdictions Ditch Cameras in July
Flock Safety cameras face unprecedented backlash with 20+ jurisdictions dropping the service in July 2026 over privacy and police misuse concerns. CEO announces new guardrails.
Cement Companies Q1 FY27: UltraTech, ACC Post Growth as Ambuja Cement Sales Fall 14%
India’s cement sector had a mixed start to FY27, with major companies reporting different sales trends for the June quarter. UltraTech Cement recorded 13.1% growth in domestic volumes, while ACC reported cement sales of 10 million tonnes. Ambuja Cement, on the other hand, saw sales volumes drop 14% from the previous quarter to 17.1 million…
iPhone 18 Pro Announcement Set for September 9, Pre-Orders Begin September 12
Apple’s iPhone 18 Pro launches September 9 with pre-orders September 12. Memory chip shortages push prices up $200-$300, with Pro models potentially reaching $1,399 and Pro Max at $1,499.
Nelco Shares Plunge 12% Following $20 Million Investment in Elveo for Satellite Connectivity
Nelco shares dropped sharply on August 18, 2026, falling 9.21% to ₹982 on the BSE. The decline followed news that Nelco will invest $20 million in Lunar Holdco, the parent of Elveo Mobile. The Tata Group firm structured the deal through compulsorily convertible debentures. Investors reacted cautiously to the company backing a pre-revenue satellite venture….