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Indian Stock Market Today: SENSEX Drops Over 250 Points, NIFTY50 Hits 24,390 as Crude Oil Surge Weighs
On August 12, 2026, the Indian stock market opened on a weak note as higher crude oil prices weighed on investor sentiment. The Sensex fell more than 250 points, while the Nifty 50 declined 0.43% to 24,366.40, moving below the 24,400 mark. Crude oil prices were hovering near $90 a barrel amid geopolitical tensions and…
Ardee Industries IPO Listing Today: 27% GMP Signals Strong Debut After Issue Subscribed 133.66 Times
Ardee Industries made a strong stock-market debut on 12 August 2026 after its ₹425.87 crore IPO attracted heavy investor demand. The issue was subscribed 133.66 times, while the grey market premium (GMP) had pointed to a possible 27% listing gain before trading began. The shares eventually opened well above the ₹53 issue price, giving investors…
Brigitte Küchen Files Third Insolvency in Six Years as Iran War Halts Gulf Projects
German kitchen maker Brigitte Küchen files third insolvency in six years. Iran war halts Gulf construction projects. 120 jobs at risk.
Oil Prices Surge 10% as Strait of Hormuz Reopening Hopes Fade
Oil prices have surged nearly 10% since last week’s lows as hopes for reopening the Strait of Hormuz fade. Brent crude touched $84.63 a barrel on August 10, 2026, up from a Friday low of $78.20. Iran’s demands for lifting the U.S. naval blockade and war reparations have stalled talks, keeping the critical waterway effectively…
Anthropic Strikes $9.1 Billion AI Cloud Deal With Riot Platforms to Expand Claude Computing Capacity
Anthropic has struck a $9.1 billion, 20-year computing deal with Riot Platforms Inc. to expand capacity for its Claude AI models. The agreement covers 191 megawatts of IT capacity at Riot’s Rockdale, Texas campus, enough to power roughly 143,000 homes. Riot Platforms shares surged over 25% in after-hours trading Monday, August 10, 2026, after Bloomberg…
Asian Shares Mixed as Nikkei 225 Falls 0.3%, Shanghai Gains 0.8%, Oil Rises Over 1%
On August 7, 2026, Asian stock markets ended the session with mixed results as investors responded to fresh economic data from across the region. Japan’s Nikkei 225 fell 0.3%, while China’s Shanghai Composite rose 0.8%, helped by improving confidence in Chinese stocks. At the same time, oil prices climbed more than 1%, adding to concerns…
ByteDance Eyes AI Leadership With 10 Trillion-Parameter Model Bigger Than Kimi K3
On 7 August 2026, reports revealed that ByteDance is developing a 10 trillion-parameter AI model, making it much larger than Moonshot AI’s Kimi K3. The project is the latest sign of China’s rapid progress in artificial intelligence and could strengthen ByteDance’s position alongside companies such as OpenAI, Anthropic, and Google. A larger model does not…
IN Stock Market Today: Sensex Slides Over 250 Points as Financial Stocks Weigh
On 7 August 2026, the Indian stock market moved lower as the Sensex lost more than 250 points, with financial stocks accounting for most of the decline. Investor sentiment turned cautious after the Reserve Bank of India’s draft lending rules for NBFCs raised concerns about future growth. At the same time, higher crude oil prices…
Layoffs Report: July Job Cuts Drop Sharply as AI Tops Workforce Changes
Layoffs across the United States fell sharply in July 2026, hitting their lowest monthly level in two years. Employers announced 33,429 job cuts, down 46% from July 2025, according to Challenger, Gray & Christmas. Artificial intelligence remained the top-cited reason for the fifth consecutive month, driving 10,970 of those cuts. Hiring plans simultaneously rose to…