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JD Sports Stock Plunges 10.98% as Retailer Cuts Profit Outlook on Weak Sales
JD Sports stock plunged 10.98% on August 20, 2026, after the sportswear retailer lowered its full-year profit outlook following weaker second-quarter sales. Group like-for-like sales fell 3.1%, while North American sales dropped 6.8%, adding pressure to the company’s growth plans. JD Sports now expects adjusted pre-tax profit of £700 million to £800 million, below its…
Hays Stock Rises 0.52% as Recruiter Cuts Dividend 65% Amid Hiring Slump
Hays stock edged up 0.52% on August 20, 2026, after the recruitment giant posted FY26 results. The company cut its total annual dividend by 65%, from 1.24 pence to 0.44 pence per share. Net fees fell as hiring activity stayed weak across Hays’ key markets. Investors focused on cost cuts and stabilizing margins rather than…
Jetstar Drops $34 Fares in Massive Sale Through August 24, 2026
Jetstar drops 225,000 fares from $34 in massive sale ending August 24. Parent Qantas offers 2 million seats from $99 across 100 domestic routes through August 2027.
Crypto Prices Today: Bitcoin Hits $69,551, Ethereum Gains 17.74% as Hyperliquid Surges 20.97%
Crypto prices surged sharply on Thursday, August 20, 2026, breaking weeks of sideways trading. Bitcoin jumped to $69,551, gaining roughly 8% in 24 hours. Ethereum climbed 17.74% to reclaim the $2,000 level, while Hyperliquid’s HYPE token surged 20.97%. The rally followed a surprise US Treasury announcement to double its long-dated bond buyback operations. Total crypto…
NVDA Stock, AMD Stock, Micron and Broadcom Gain as AI Spending Estimates Rise
AI spending estimates are rising again, giving semiconductor stocks a fresh boost. On August 7, 2026, Goldman Sachs estimated global AI investment could reach about $1 trillion this year, above widely cited hyperscaler spending forecasts. That outlook is supporting demand for AI chips, memory and networking hardware. As a result, NVDA stock, AMD stock, Micron…
xAI Founder Tony Yuhuai Wu Buys Rs 670 Crore California Mansion After 6 Years in AI
xAI co-founder Tony Yuhuai Wu reportedly buys Rs 670 crore Villa de Verano mansion in California with nine-hole golf course and 150-seat amphitheatre after six years in AI.
Alibaba Sells Lingxi Games for $1.5B, Pivots to AI on August 20
Alibaba sells gaming unit Lingxi Games to Trustar Capital for USD 1.5 billion, redirecting capital to AI and cloud infrastructure as part of CEO Wu Yongming’s business restructuring.
Jetstar Drops $34 Flights in Massive Sale; 225,000 Fares on Offer Until August 24
Jetstar’s Get Onboard Sale offers 225,000 discounted flights from $34 one-way across domestic and international routes until August 24, 2026. Fares include Sydney to Byron Bay from $34 and Perth to Bali from $144.
Shiprocket IPO Listing: Shares Debut at 35% Premium on NSE as ₹1,617.48 Crore Issue Delivers Strong Gains
Shiprocket IPO delivered a strong stock market debut on Wednesday, August 19, 2026, listing at ₹131 per share on the NSE. That marks a 35.05% premium over the IPO’s upper price band of ₹97. The ₹1,617.48 crore issue pushed Shiprocket’s market capitalization to ₹9,531 crore at listing. Strong investor demand throughout bidding translated directly into…