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Hong Kong Silver Bonds Hit 4.25% Rate on August 7, Second-Highest Since 2016
Hong Kong issues 11th Silver Bond batch with 4.25% guaranteed rate, up from 3.85% last year. Eligible seniors aged 60+ can subscribe from August 21 for three-year bonds backed by infrastructure projects.
PB Fintech (NSE: POLICYBZR) Jumps 3% After Q1 Profit Soars 92% YoY, Insurance Reaches ₹8,732 Crore
On 6 August 2026, PB Fintech (NSE: POLICYBZR) drew investor interest after reporting strong Q1 FY27 earnings. The company posted a 92% year-on-year increase in net profit to ₹163 crore, while total insurance premium climbed to ₹8,732 crore. The figures point to steady demand across its digital platforms. Following the results, the stock rose nearly…
SpaceX (NASDAQ: SPCX) Stock Drops 50% as Retail Investors Add $22.7 Million
SpaceX shares have fallen roughly 52% from their post-IPO peak of $225.64. Yet retail investors bought $22.7 million worth of SpaceX stock in Wednesday’s first trading hour alone. That marked the third-highest first-hour retail buying total since the company’s June 12, 2026 debut. The dip-buying came right after SpaceX’s first earnings report as a public…
Judge Dismisses Final Jan. 6 Case Against Oath Keepers Founder Rhodes
Federal Judge Amit Mehta dismisses seditious conspiracy case against Oath Keepers founder Stewart Rhodes after Trump Justice Department request, ending final Jan. 6 prosecution.
Samsung, SK Hynix Face Pressure to Increase Buybacks and Dividends as AI Cash Hits $263B
On 6 August 2026, Samsung Electronics and SK Hynix faced growing calls from investors to raise share buybacks and dividends as their combined cash reserves are expected to reach about $263 billion by the end of the year. Strong demand for advanced memory chips used in artificial intelligence has driven record earnings for both companies….
Abdul El-Sayed Wins Michigan Democratic Senate Primary by 1% on August 5
Abdul El-Sayed wins Michigan Democratic Senate primary by 1% over Haley Stevens. The progressive former health official defeated $65 million in outside spending to face Republican Mike Rogers in November.
Arista Networks (NYSE: ANET) Surges 13% After Q2 Earnings Beat; Revenue Tops $3.04B, Outlook Raised
Arista Networks stock surged over 13% on August 5, 2026, following outstanding Q2 earnings. The networking leader delivered record quarterly revenue of $3.04 billion, representing 37.7% year-over-year growth. Adjusted earnings per share reached $1.02, easily beating Wall Street estimates of $0.88. Strong cloud demand pushed management to raise full-year performance targets. Record Quarter Driven by…
AMD Drops 7.4% Despite Strong Revenue Outlook as Investors Demand Bigger AI Growth; $61B Market Value at Risk
On August 5, 2026, AMD stock experienced a sharp reversal despite reporting strong results. The semiconductor giant delivered second-quarter revenue of $11.54 billion, up 50.1% year-over-year. Adjusted earnings per share reached $1.66, topping Wall Street consensus estimates. Yet, shares fell 7.4% as investors demanded even faster artificial intelligence growth. This sudden drop put over $61…
Albanese Faces Political Backlash as House Prices Slide Across Australia
Albanese government under fire as house prices fall in Brisbane, Adelaide, Perth, Sydney and Melbourne. Former adviser criticises tax policies; NAB warns of 10% drops ahead.