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Augmont Enterprises IPO Day 3: GMP Jumps to 41%, Signals Strong Listing Gains as Subscription Tops 15x
Augmont Enterprises IPO entered its final bidding day on August 25, 2026, with investor demand remaining strong. The ₹825-crore issue was subscribed 15.12 times by 10:10 AM, while its grey market premium (GMP) stood at around ₹325. That pointed to a potential 41.24% listing gain. Non-institutional investors led the demand, and investors were now watching…
Tech Layoffs 2026: Apple, Netflix, TikTok and LinkedIn Slash Jobs as Industry Cuts Accelerate
Tech layoffs in 2026 have already surpassed all of 2025, with 127,180 jobs cut across 281 companies. Apple, Netflix, TikTok, and LinkedIn all announced fresh cuts this month. Apple laid off around 200 employees from its Siri, Vision Pro, and gaming teams. TikTok cut 75 more jobs in the Seattle area after slashing 250 positions…
Nvidia (NVDA) Earnings Could Trigger $280 Billion Market Cap Swing as Options Price In 5.4% Move
Nvidia reports fiscal second-quarter earnings Wednesday, August 26, 2026, after market close. Options traders are pricing in a 5.35% implied move, according to Benzinga data from August 24. That swing translates to roughly $282 billion in market value, based on Nvidia’s current $5.26 trillion market capitalization. Wall Street expects revenue near $92.16 billion, just above…
Hindustan Zinc (NSE: HINDZINC) Advances 2.5% to ₹609.60, Extends Rally to Third Straight Session
Hindustan Zinc shares rose 2.47% to ₹609.60 on Monday, August 24, 2026. The stock extended its rally to a third consecutive session, outperforming the broader market. Hindustan Zinc is up 40.23% over the past year, against a 3.13% drop in the Nifty 50. Silver Strength Keeps Driving the Rally Hindustan Zinc’s Q1 FY27 results, released…
Google Launches Android Pulse Diagnostic App on August 22
Google’s Android Pulse app detects anomalies in battery, CPU, and memory usage on Android devices. The diagnostic tool appeared in Play Store on August 22 with over 10 million downloads.
XRP vs RLUSD: Can Ripple’s Banking Expansion Drive Long-Term Token Demand?
XRP trades near $1.57 in late August 2026, after rallying from $1.00 in under two weeks. The move sits alongside rapid growth in RLUSD, Ripple’s own stablecoin. Investors now ask whether Ripple’s banking expansion actually pulls demand toward XRP, or toward RLUSD instead. XRP’s August Rally, By the Numbers XRP climbed from $1.00 to above…
Shein Targets $27B (£20B) Valuation in Long-Awaited Hong Kong IPO, Raising to $1.8B
Shein launched its Hong Kong IPO on Monday, August 24, 2026, targeting a valuation of up to 27billion.Thefast-fashionretaileraimstoraiseasmuchasHK13.86 billion, or 1.77billion.ShareswillpricebetweenHK47.60 and HK$49.50 apiece. IPO Structure and Timeline Shein is selling 280 million Class B shares in the offering. The company will confirm its final IPO price on August 31, 2026. Trading on the Hong…
Australia’s Big Banks Hike Credit Card Fees Before October 1 Surcharge Ban
Commonwealth Bank, Westpac, and NAB are raising credit card fees and cutting rewards as Australia’s surcharge ban looms on October 1, 2026. Banks aim to offset A$600 million in lost revenue.
Hanmi Pharm (KRX: 128940) Hits 30% Daily Limit on $2.3B Obesity Drug Licensing Deal with Genentech
Hanmi Pharm shares surged 30% on August 24, 2026, hitting the daily price limit after the South Korean drugmaker announced a licensing deal with Genentech worth up to $2.3 billion. The agreement covers HM17321, an experimental obesity treatment designed to reduce body fat while preserving muscle mass. Hanmi will receive $190 million upfront, while Genentech…