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Moonshot AI Negotiates Revenue-Sharing Deals With Microsoft, Amazon and Google
Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon, and Google, Reuters reported on August 26, 2026. The Beijing-based startup wants these three cloud giants to host its Kimi K3 model. Moonshot is seeking up to 30% of revenue generated from K3-related services. A completed deal would mark the first major revenue-sharing pact between a…
US Stock Market Outlook: Dow and S&P 500 Futures Flat, Nasdaq Futures Down 0.2%
US stock futures were little changed on August 26, 2026, as investors stayed cautious ahead of two major market events. Dow and S&P 500 futures hovered around the flat line, while Nasdaq futures slipped about 0.2%. Wall Street is waiting for Nvidia’s quarterly earnings and July PCE inflation data, the Federal Reserve’s preferred inflation gauge….
Oil Prices Fall Over 2% as Iran Talks Raise Hopes for Strait of Hormuz Reopening
Oil prices fell more than 2% on August 26, 2026, after renewed Iran-Oman talks raised hopes that the Strait of Hormuz could reopen. Brent crude slipped to around $86.30 a barrel, while WTI traded near $80.15, extending the previous session’s losses. Markets are now watching whether diplomatic progress can restore shipping through the waterway. A…
FTSE 100 Holds Near Multi-Week Highs Despite 1.5% Drop in Shell and BP
The FTSE 100 held broadly flat near 10,880 on Wednesday, August 26, 2026. Shell and BP both fell more than 1.5% as crude oil prices dropped sharply. The index stayed close to multi-week highs, building on Tuesday’s 0.3% gain. Oil Majors Drag While Miners Support the Index Brent crude fell around 2% to roughly $86…
Australian Shares Fall 0.4% as Investors Digest July Inflation Data; ASX 200 Closes at 9,127.80
Australian shares fell 0.4% on Wednesday, August 26, 2026, as hotter-than-expected inflation data hit sentiment. The S&P/ASX 200 closed at 9,127.80, down from Tuesday’s 9,164.6 finish. July headline CPI rose 3.5% year-over-year, above the 3.3% consensus estimate. Monthly inflation climbed 1.0%, exceeding the 0.8% forecast. Core trimmed mean inflation posted its largest monthly gain in…
49ers Owner Jed York Sentenced to Jail After Ohio Prostitution Sting
49ers owner Jed York sentenced to one day in jail after pleading no contest to disorderly conduct and possessing criminal tools in Ohio prostitution sting. Fined £1,150 total.
Gold Hits 3-Month High at $4,698 as Treasury Buyback Fuels Rally
Gold hits $4,698 per ounce, a 3-month high, driven by U.S. Treasury bond buyback plans and dollar weakness. Citi raises target to $4,800 as investors brace for PCE data and Jackson Hole speech.
Zcash Slides 5.5% to $783.60 After Grayscale ETF Launch Profit-Taking
ZECUSD fell 5.5% to $783.60 on August 25 following profit-taking after the Grayscale Zcash ETF launch, though the RSI at 84.77 signals extreme overbought conditions.
Ticketmaster Cancels Scalped Tickets to Olivia Rodrigo Tour, Releases at Face Value
Ticketmaster cancels scalped tickets to Olivia Rodrigo’s The Unraveled Tour and rereleases them at face value. Fans can request recovered tickets through August 28, with Silver Star tickets available from September 1.