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SoftBank (TYO: 9984) Faces AI Funding Test as Investors Focus on OpenAI Investment Strategy Ahead of Q1 Earnings
SoftBank Group Corp will report Q1 FY2026 earnings on August 6, 2026. Investors are closely watching how the company funds its massive OpenAI commitments. SoftBank’s share price has dropped nearly half since early June 2026. Analysts expect net profit of ¥148.4 billion for the April-June quarter. SoftBank Q1 Earnings Preview: What Analysts Expect Four analysts…
KEI Industries (NSE: KEI) Surges 8% After Q1 Profit Jumps 40% YoY; Domestic Wires & Cables Business Grows 29%
KEI Industries shares surged 8% on the NSE after strong Q1 FY27 results were announced on August 3, 2026. Net profit jumped 40% year-on-year to ₹274 crore for the quarter ended June 30, 2026. The domestic wires and cables segment grew 29% during the period. Strong margins and steady domestic demand drove this sharp rally….
South Korea’s Kospi Tumbles 5% on AI Chip Fears, Reversing Friday’s Record Rally
South Korea’s Kospi index fell 5% on August 3 after a record 17.9% rally Friday, as Samsung and SK Hynix dropped 9% each. Leverage-fueled selling and AI spending concerns drove the reversal.
Indian Stock Market Today: SENSEX Rises 200+ Points, NIFTY 50 Near 24,600 After CAS Rollout; Ather Energy Surges, Nazara Slips
On August 4, 2026, Indian stock market traded in positive territory as investors reacted to the second day of the Closing Auction Session (CAS) on the National Stock Exchange. The BSE Sensex gained more than 200 points, while the Nifty 50 held close to 24,600 despite some late-session swings. Among individual stocks, Ather Energy extended…
Palantir (NASDAQ: PLTR) Soars 15% After Q2 Revenue Jumps 93% to $1.94B; Raises 2026 Outlook to $8.15B
On August 4, 2026, Palantir Technologies drew strong attention from Wall Street after releasing another impressive quarterly report. The AI software company reported Q2 revenue of $1.94 billion, a 93% increase from the same quarter last year, and raised its 2026 revenue forecast to $8.15 billion. The results pushed Palantir (NASDAQ: PLTR) shares up about…
Child Narrowly Escapes as Bison Chases on Yellowstone Boardwalk, July 28
A child escaped injury after a bison chased them on a Yellowstone boardwalk on July 28. Park rules require staying 25 yards from bison, which can run 35 mph and weigh up to 2,000 pounds.
Isaac Cooper Steps Down From Dolphins Leadership After Glasgow Drinking Incident
Isaac Cooper steps down from Australian Dolphins leadership role after missing final Commonwealth Games night in Glasgow. Swimming Australia confirms he will compete at Pan Pacific Championships.
SpaceX Earnings Debut Puts Starlink Profitability and AI Spending in the Spotlight
SpaceX reports its first-ever quarterly earnings Tuesday, August 4, 2026. This marks the company’s debut since its record-breaking June IPO. Analysts expect SpaceX to post Q2 revenue near $6.82 billion. Starlink’s connectivity segment should generate roughly $3.82 billion of that total. Wall Street will scrutinize whether Starlink profits can fund SpaceX’s AI ambitions. The report…
Liechtenstein Cyberattack Hits Economic Beneficiaries Register, 31,000 Records Accessed
On July 30, 2026, Liechtenstein disclosed that cybercriminals had gained unauthorized access to data stored in its Register of Economic Beneficiaries, affecting information linked to about 31,000 records. The breach involved one of the country’s most sensitive financial databases and immediately raised concerns about data security and government cybersecurity. Officials say they have found no…