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XRP vs Stablecoins in 2026: USDT Hits $182.98 Billion, USDC Tops $71.96 Billion Can XRP Compete?
As of August 18, 2026, stablecoins continue to account for a large share of crypto’s dollar-based liquidity. USDT is near $183 billion, while USDC is around $72 billion in market value. XRP, by comparison, trades near $1, with a market capitalisation of roughly $62 billion. Still, an XRP vs stablecoins comparison is not only about…
Apple iPhone 17 Pro Max Price Drops to ₹1,03,300 in India With ₹9,000 Bank Offer and Exchange Deal
The iPhone 17 Pro Max effective price has dropped sharply in India during Flipkart’s Freedom Sale 2026. The 256GB variant now lists at ₹1,41,900, down ₹8,000 from its ₹1,49,900 launch price. With eligible exchange and bank offers combined, buyers can bring the effective price down to around ₹98,300 to ₹1,03,990. How the iPhone 17 Pro…
Indo-MIM Shares Rally 10% as Q1 Growth and 11% Drop in Raw Material Costs Boost Sentiment
Indo-MIM shares hit a 10% upper circuit on August 18, 2026, touching an all-time high of ₹951.30. The rally followed Q1 FY27 results showing 31.63% profit growth. Raw material costs fell 10.9% year-on-year, giving margins a clear boost. The stock now trades 96% above its ₹485 IPO issue price. Indo-MIM Q1 FY27 Profit and Revenue…
Nike Stock Drops 4% to 12-Year Low Below $40 as Downgrades and Weak Sales Raise Turnaround Risks
Nike stock faced fresh selling pressure on August 17, 2026, falling about 4% and moving below the $40 mark. The shares touched around $38.85, their lowest level since 2014. Weak sales, softer footwear demand, and new analyst downgrades have added to concerns about Nike’s turnaround. Investors are now watching to see whether the sportswear giant…
Reliance Industries, Rolls-Royce to Jointly Develop Sovereign Combat Engine for AMCA
Reliance Industries and Rolls-Royce announced strategic intent on August 14, 2026, to jointly develop India’s indigenous combat engine. The partnership targets the Advanced Medium Combat Aircraft (AMCA) programme, India’s fifth-generation stealth fighter project. Both companies will explore forming a dedicated Aerospace Gas Turbine Complex in India. Reliance Industries shares traded 0.1% lower at ₹1,306.65 on…
Cochin Shipyard Q1: Revenue Rises 2.4% to ₹1,094 Crore, PAT Falls 19.4%
Cochin Shipyard reported mixed Q1 FY27 results on August 14, 2026. Consolidated revenue from operations rose 2.40% year-on-year to ₹1,094.21 crore, up from ₹1,068.59 crore. Net profit, however, declined 19.36% to ₹151.45 crore against ₹187.82 crore a year earlier. A sharp fall in ship repair income drove the profit decline despite steady topline growth. Cochin…
Delta Launches Austin-Paris Route in March 2027, Expands European Hub
Delta Air Lines launches daily nonstop service from Austin to Paris beginning March 27, 2027, on an Airbus A330-900neo. The route offers connections to 70+ European destinations through Air France partnerships.
Josh Kushner and Bob Iger Buy Lakers for Record $12.5B on August 13
Josh Kushner and Bob Iger agreed to buy the Lakers for a record $12.5 billion. The sale needs NBA board approval and may take months to complete.
Tencent Q2 Profit Misses Estimates at RMB56 Billion as AI Spending Rises, Revenue Jumps 11% to RMB204.8 Billion
Tencent reported second-quarter 2026 results Wednesday, missing profit estimates as AI spending surged sharply. Net profit attributable to equity holders reached RMB56.0 billion, up just 0.7% year-over-year. That figure fell roughly 4% short of the RMB58.5 billion analyst consensus. Revenue climbed 11% to RMB204.8 billion, beating expectations of RMB202.7 billion for the quarter. Tencent Q2…