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On Holdings Plunges 19% as Federer Drops Below Billionaire Status on August 13
Roger Federer’s net worth fell below $1 billion after On Holding stock plunged 19% on Tuesday. Forbes estimates his fortune at $949 million, down from over $1.1 billion, following the sneaker brand’s missed sales expectations.
Vodafone Idea LTD (IDEA) Stock Gains 1.85% as Analysts Assess Q1 Results
Vodafone Idea shares gained 1.85% on Thursday, August 13, 2026, extending gains from last week’s results. The telecom operator reported a narrower Q1 FY27 net loss of ₹3,754 crore, down 43.2% year-on-year. Total income rose 6.4% to ₹11,884 crore, while ARPU climbed to ₹195, the industry’s highest increase. Vodafone Idea shares have now risen for…
IN Stock Market Today: Sensex at 77,725, Nifty at 24,331 as Markets Turn Lower
India’s stock market extended losses on Thursday, August 13, 2026, as Middle East tensions outweighed positive domestic data. The Sensex slipped to 77,725, while the Nifty 50 traded near 24,331. Both benchmarks fell for a second straight session, pressured by firm oil prices and uncertainty over a Strait of Hormuz deal. Market breadth stayed relatively…
Tata Motors Stock Surges Over 6%: Strong Q1 Results and Nomura Upgrade Lift Sentiment
Tata Motors shares surged more than 6% on Thursday, August 13, 2026, after a strong June-quarter performance. The stock opened nearly 3% higher at ₹470 and touched an intraday high of ₹485. Consolidated net profit jumped 83% year-on-year to ₹2,560 crore for Q1 FY27. Revenue from operations rose 19.3% to ₹20,667 crore. Nomura upgraded Tata…
LA Warehouse Rotting Meat Crisis: 85M Pounds, £60M Cleanup, New Laws Loom
A burned LA warehouse holds 85 million pounds of rotting meat. Residents face foul odors, flies, and rats. Lineage Logistics faces £60M cleanup costs and new state laws targeting industrial accountability.
Trump Approval Hits 33% as Economy Weighs on Second Term
Trump’s approval rating drops to 33% in latest Economist/YouGov poll, down from 52% at inauguration. Economy and age concerns cited as voters say U.S. is out of control.
Duke Energy Restores Power to Thousands as 115,000 Remain Without Electricity After Ohio Storms
Duke Energy crews work to restore power after severe storms left over 115,000 customers without electricity across Ohio, Kentucky, and Indiana. More storms possible August 13.
Tencent Q2 Profit Misses Estimates at RMB56 Billion as AI Spending Rises, Revenue Jumps 11% to RMB204.8 Billion
Tencent reported second-quarter 2026 results Wednesday, missing profit estimates as AI spending surged sharply. Net profit attributable to equity holders reached RMB56.0 billion, up just 0.7% year-over-year. That figure fell roughly 4% short of the RMB58.5 billion analyst consensus. Revenue climbed 11% to RMB204.8 billion, beating expectations of RMB202.7 billion for the quarter. Tencent Q2…
Asian Stocks Rise as KOSPI Surges on Chip Rally, Nasdaq 100 Futures Gain 0.4% Ahead of US CPI
Asian stocks climbed on August 12, 2026, as a fresh rally in chip shares pushed South Korea’s KOSPI sharply higher. Strong gains in major semiconductor companies lifted technology sentiment, while Nasdaq 100 futures rose about 0.4% before the latest US inflation data. Investors were watching closely to see whether the CPI report would support hopes…