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JBM Auto Shares Rally 10%, Gain 16% in 6 Months; What Is Driving the Surge?
JBM Auto shares surged 10% to touch an intraday high of ₹685 on Friday, August 21, 2026. Reports suggested Bain Capital is exploring a $300 million minority stake in JBM Auto’s electric vehicle business. The stock has now climbed 16% over the past six months and 5% since the start of 2026. Heavy trading volume,…
NVDA in Focus as Nvidia Reportedly Eyes Investment in Perplexity at $30 Billion+ Valuation
Nvidia is reportedly in talks to invest in AI search startup Perplexity in a funding round that could value the company above $30 billion, according to a report published August 24, 2026. Perplexity’s annualised revenue has climbed past $750 million, up from less than $250 million earlier this year. The timing also puts NVDA stock…
Alibaba Falls 8% After Pricing 710 Million New Shares at 8.4% Discount
Alibaba shares fell about 8% in early Hong Kong trading on August 24, 2026, after the company priced 710 million new shares at HK112.70each.ThedealwillraiseHK80 billion ($10.21 billion) to support its artificial intelligence plans. The 8.4% discount has raised concerns about shareholder dilution and the cost of Alibaba’s expanding AI spending. Investors are now weighing the…
Federal Judge Voids Trump’s 75-Country Visa Ban on August 23
Federal Judge Jeannette Vargas ruled the Trump administration’s ban on immigrant visas for 75 countries violated the Immigration and Nationality Act of 1952 by discriminating on nationality.
Fifth Third Backs Payload’s $500M Monthly Payments Platform on August 23
Fifth Third Bank invests in Payload, an embedded payments platform processing $500M monthly. The deal marks Payload’s first outside capital since 2019 and expands payment options across industries.
Senate Kills SAVE America Act Push as All 100 Senators Agree to August Break
The Senate adjourned for a 36-day break on August 8, sidelining Trump’s SAVE America Act, which requires voter ID and proof of citizenship. All 100 senators agreed to the recess.
Australia’s First Mainland Mammal Dies From H5N1 as Bird Flu Spreads Across Six States
Australia confirms first H5N1 bird flu death in mainland mammal: a long-nosed fur seal. The virus has now spread to six states with 298 detected events, threatening iconic species including black swans and endangered sea lions.
RFK Jr.’s Son Conor Kennedy Placed on Russia’s Wanted List for Ukraine Service
Conor Kennedy, RFK Jr.’s son and Taylor Swift’s ex, placed on Russia’s wanted list for Ukraine service. Moscow court authorized arrest in absentia; faces 7-10 years if convicted.
Samsung Electronics Eyes $72 Billion Shareholder Return Package Amid AI Boom
Samsung Electronics is weighing a massive shareholder return package worth more than 100 trillion won ($72 billion) as strong AI chip demand drives record profits. On August 21, 2026, the South Korean tech giant is set to discuss the plan at a board meeting. The package could include a special dividend, share buybacks, and cancellations….