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Palantir Soars 27% on Q2 Earnings Beat, Raises 2026 Forecast
Palantir stock jumps 27% after Q2 revenue beats estimates at $1.94B, with commercial revenue up 149%. Company raises 2026 guidance to $8.15B-$8.16B, citing AI sovereignty demand.
South Korea’s Kospi Tumbles 5% on AI Chip Fears, Reversing Friday’s Record Rally
South Korea’s Kospi index fell 5% on August 3 after a record 17.9% rally Friday, as Samsung and SK Hynix dropped 9% each. Leverage-fueled selling and AI spending concerns drove the reversal.
Indian Stock Market Today: SENSEX Rises 200+ Points, NIFTY 50 Near 24,600 After CAS Rollout; Ather Energy Surges, Nazara Slips
On August 4, 2026, Indian stock market traded in positive territory as investors reacted to the second day of the Closing Auction Session (CAS) on the National Stock Exchange. The BSE Sensex gained more than 200 points, while the Nifty 50 held close to 24,600 despite some late-session swings. Among individual stocks, Ather Energy extended…
Palantir (NASDAQ: PLTR) Soars 15% After Q2 Revenue Jumps 93% to $1.94B; Raises 2026 Outlook to $8.15B
On August 4, 2026, Palantir Technologies drew strong attention from Wall Street after releasing another impressive quarterly report. The AI software company reported Q2 revenue of $1.94 billion, a 93% increase from the same quarter last year, and raised its 2026 revenue forecast to $8.15 billion. The results pushed Palantir (NASDAQ: PLTR) shares up about…
Apple Restores Telegram to App Store After Guideline Breach; Developer Removed Violating Content and Banned User
Apple briefly removed Telegram from the App Store worldwide on Monday, August 3, 2026. The company said a routine review found content violating its guidelines against child sexual abuse material. Telegram acted quickly, removing the flagged content and banning the responsible user. Apple restored the messaging app within hours of the initial takedown. Apple’s Telegram…
DeepSeek AI Launches Ultra-Low-Cost V4-Flash Model Ahead of Potential IPO
DeepSeek AI released the official version of its V4-Flash model on July 31, 2026, undercutting rivals on price by a wide margin. The Chinese startup’s new model costs over 100 times less to operate than Anthropic’s Claude Fable 5, according to research firm Artificial Analysis. The launch comes as DeepSeek AI reportedly prepares for a…
Prysmian Strikes $3.8 Billion Agreement to Buy U.S. Firm Atkore
On August 3, 2026, Italian cable maker Prysmian agreed to acquire U.S.-based electrical products company Atkore in a $3.8 billion cash deal. It is one of the largest industrial acquisitions announced this year. The agreement comes as investment in AI data centers, power grid upgrades, and electrification projects continues to grow. Prysmian plans to expand…
Liechtenstein Cyberattack Hits Economic Beneficiaries Register, 31,000 Records Accessed
On July 30, 2026, Liechtenstein disclosed that cybercriminals had gained unauthorized access to data stored in its Register of Economic Beneficiaries, affecting information linked to about 31,000 records. The breach involved one of the country’s most sensitive financial databases and immediately raised concerns about data security and government cybersecurity. Officials say they have found no…
Costco Canada Expands Recall to Toaster Ovens, Go-Karts on July 31
Costco Canada recalls Panasonic toaster ovens, Aston Martin go-karts, and Alfa Croissants due to fire, injury, and mould hazards. Full details on affected lot codes and refund options.