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Spirax Group (LON: SPX) Shares Tumble 10% Despite H1 Revenue Rising 5% to £863.8 Million
Spirax Group (LON: SPX) shares fell nearly 10% on Tuesday, August 11, 2026, even as the industrial engineering company reported stronger first-half results. Revenue rose 5% year on year to £863.8 million, while adjusted operating profit increased 8% to £171.1 million. The sell-off came as investors focused on the company’s unchanged full-year outlook. With expectations…
PNE AG (ETR: PNE3) Shares Plunge Over 20% as Takeover Bids Fall Below Current Market Price
PNE AG shares have plunged more than 20% since Monday’s disclosure that takeover bids fell short of expectations. The German wind farm developer confirmed potential acquirers priced below the company’s current market valuation. PNE AG’s stock hit its lowest level since late April on Tuesday, August 11, 2026. The uncertainty now clouds a sale process…
Intel (NASDAQ: INTC) Upsizes Stock Offering to $20 Billion at $95 a Share, Stock Gains 1% Premarket
Intel Corporation priced an upsized $20 billion common stock offering on August 11, 2026. The chipmaker sold 210,526,315 shares at $95 per share, up from an initial $15 billion target announced Monday. Intel shares gained about 1% in premarket trading Tuesday, recovering after Monday’s 4% drop. The deal reflects surging demand for Intel’s foundry buildout…
Bitcoin Price Today: BTC Slips Below $64,000 to $63,921 as Strategy Sells 1,690 BTC for $108.6 Million
Bitcoin slipped below the $64,000 mark on August 11, 2026, trading near $63,921 as investors weighed fresh selling pressure and wider market risks. The move came after Strategy sold 1,690 BTC for $108.6 million between August 3 and August 9. The sale adds another development for one of the world’s largest corporate Bitcoin holders. With…
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…
KPI Green Energy (NSE: KPIGREEN) Shares Tumble 9% to ₹336 as Q1 FY27 Profit Drops 17% YoY to ₹86 Crore
KPI Green Energy shares came under heavy selling pressure on August 11, 2026, after the renewable energy company reported a weaker Q1 FY27 profit. The stock fell 9% to an intraday low of ₹336, compared with its previous close of ₹369.25. The main concern was a 17% year-on-year drop in net profit to ₹86 crore,…
Technocraft Ventures IPO Subscription Hits 6.98x on Day 3 as NII Demand Leads
Technocraft Ventures IPO closed its subscription window Tuesday, August 11, 2026, at 6.98 times overall. Non-institutional investors drove the strongest demand, pushing this EPC infrastructure issue well past full subscription. The ₹251.88 crore mainboard IPO priced shares between ₹200 and ₹212. Strong grey market activity suggests investors expect a solid listing debut this week. Technocraft…
Asian Markets Today: South Korea’s KOSPI Gains 0.8%, China Stocks Lag as Oil Prices and Fed Rate Risks
Asian markets traded mixed on August 11, 2026. South Korea’s KOSPI gained 0.8% to around 6,348, helped by a strong rally in semiconductor stocks. Chinese shares lagged as investors weighed higher oil prices and renewed geopolitical risks. Brent crude climbed above $88 a barrel as uncertainty over the Strait of Hormuz continued. Markets are now…
Gold Price Today: Gold (GC=F) Tops $4,400 an Ounce, Gains 1.08% Ahead of Key US Inflation Data
Gold prices moved above $4,400 an ounce on August 11, 2026, as investors turned their attention to upcoming US inflation data. Gold futures climbed to around $4,435 after reaching a more than two-month high of $4,434.84. The rally has lifted bullish sentiment, but the next inflation reading could test that strength. Traders are watching for…