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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…
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…
Nvidia Stock Faces Fresh Pressure as AI Trade Doubts Grow Despite 14% Gain
Nvidia stock is up about 14% in 2026, but investor confidence in the AI trade is facing another test. On August 26, 2026, Nvidia is due to report its fiscal second-quarter results. Wall Street will be looking for signs that AI demand can continue growing at its current pace. The stock’s strong gains have lifted…
Nvidia Earnings in Focus After Stock Loses 7.5% in Seven-Day Losing Streak
Nvidia enters its earnings report today, August 26, 2026, after a seven-session losing streak that erased roughly 7% of its value. The stock snapped that skid Tuesday, closing up 2.2% to end the longest losing run since 2022. Nvidia reports fiscal second-quarter results after market close, with Wall Street expecting revenue near $92 billion. That…
Jack Ma Buys Alibaba Shares, But Investor Concerns Over $10 Billion Sale Remain
Jack Ma has purchased more than HK$600 million ($76.5 million) of Alibaba shares since August 23, 2026. The buying followed Alibaba’s record HK$80 billion ($10.2 billion) share placement announced August 23. Chairman Joe Tsai and CEO Eddie Wu together bought at least $25 million more in stock. Despite this insider buying, Alibaba shares remain nearly…
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…
Welspun Corp Shares Tumble 6% as ₹1,433 Crore Block Deal Changes Hands
Welspun Corp shares tumbled up to 5.94% to ₹2,206.10 on the NSE on August 26, 2026. The drop followed a ₹1,433.44 crore block deal in the morning trading window. MD & CEO Vipul Mathur and promoter group entity Welspun Investments and Commercials were among the sellers in the transaction. The stock had closed at ₹2,345.50…
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.
Trump Proposes Renaming Lake Ontario to Lake America Amid 50% Tariff War With Canada
Trump floats renaming Lake Ontario to Lake America during escalating Canada trade war. Canada retaliates with $20 billion in tariffs on U.S. goods including steel and dairy.