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Autodesk (ADSK) Stock Falls 4% Despite Q2 Earnings Beat as Fiscal 2027 Guidance Disappoints
Autodesk (ADSK) stock fell about 4% on August 28, 2026, even after the company beat Wall Street estimates in its fiscal second-quarter results. Autodesk posted $2.05 billion in revenue and $3.30 in adjusted EPS, both above expectations. Investors quickly turned their attention to the fiscal 2027 outlook. The strong Q2 numbers were not enough to…
Darline Graham Wins South Carolina GOP Senate Runoff on Trump Backing, August 26
Darline Graham wins South Carolina GOP Senate runoff with Trump endorsement and $827,000 in super PAC spending. Political newcomer will face Democrat Annie Andrews in November.
Canada hits US with C$27.6B tariff counterpunch on August 26
Canada imposes C$27.6B in retaliatory tariffs on US goods starting September 8, targeting paper, dairy, steel, and appliances in response to Trump’s 50% tariffs. Kimberly-Clark and Cascades face margin pressure.
Peter Woo’s Family Office Seeks $1 Billion Private Equity Exit
Peter Woo’s family office is looking to sell $1 billion of private equity stakes including HSG and Vista Equity Partners, as secondary PE sales surge globally.
Cyient Stock in Focus: CCI Approves Acquisition of California-Based Tao Digital Solutions
Cyient Stock will stay in the spotlight after the Competition Commission of India cleared its acquisition of TAO Digital Solutions Inc. The regulator confirmed approval for a 100% share capital acquisition on August 25, 2026. Cyient’s market capitalization stood at ₹10,212.85 crore as of the same date. The all-cash deal, first announced in May 2026,…
American Airlines Flight 2398 Laptop Fire Injures Passengers on August 21
American Airlines Flight 2398 experienced a laptop battery fire on August 21, injuring passengers. The FAA has recorded 58 lithium battery incidents this year, raising safety concerns for airlines.
TVS Supply Chain Solutions Rallies 9% to ₹131 on Strategic MoU and Equity Stake by Japan’s Sankyu
TVS Supply Chain Solutions witnessed strong buying momentum on August 24, 2026. Shares surged nearly 9% to trade around ₹131. Investors reacted positively to the strategic Memorandum of Understanding signed with Japan-based Sankyu Inc. Under this alliance, Sankyu plans to acquire a 0.5% equity stake in TVS Supply Chain Solutions. The deal combines global engineering…
Trump White House Legislative Director James Braid Exits in September
White House legislative affairs director James Braid is leaving his post in September. He led Trump’s legislative agenda through Congress, including major bills and Cabinet confirmations.
Block Ordered to Pay $120M CFPB Restitution for Cash App Fraud Failures
Block must pay $45M to states and $75M-$120M to Cash App users via CFPB restitution for fraud failures, account security gaps, and inadequate customer support.