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Boeing (NYSE: BA) Stock Gains 8.24% in 30 Days After 737-7 Approval, but Valuation Signals 44.8% Overvaluation
Boeing (NYSE: BA) stock has gained 8.24% over the past 30 days as investors respond to improving conditions in the company’s commercial aircraft business. A major catalyst came on August 3, 2026, when the U.S. Federal Aviation Administration certified Boeing’s long-delayed 737-7 for commercial service. The approval supports Boeing’s recovery story, but a reported 44.8%…
British Drones Strike Deep Inside Russia; Wildberries Logistics Hit Hard on August 17
Ukrainian forces have deployed British-made drones in long-range strikes on Russian territory, causing £35bn in damage. Wildberries warehouses repeatedly attacked; merchants relocating stock to avoid losses.
Lee Kuan Yew’s Montblanc Pen Sells for S$461,500 at Singapore Auction, August 17
Lee Kuan Yew’s engraved Montblanc fountain pen sold for S$461,500 at Hotlotz auction on August 16, nearly 10 times its S$30,000-S$50,000 estimate, after 111 bids from around the world.
Deutsche Telekom (ETR: DTE) Acquires Fiberhost and Inea for €1 Billion, Adding 300,000 Customers in Poland
Deutsche Telekom confirmed Monday, August 17, 2026, that it will acquire Poland’s Fiberhost and Inea for €1 billion. The deal, worth roughly $1.16 billion, transforms T-Mobile Polska into a fully converged telecom provider. Deutsche Telekom is buying both companies from Macquarie Asset Management. The transaction still requires customary Polish competition approval before closing. Deutsche Telekom’s…
FTSE 100 Today: Index Rises 0.26% as US Retail Sales Fall 0.6%, Easing Fed Rate-Hike Bets
The FTSE 100 today rose 0.26% on August 17, 2026, after weaker US consumer data reduced concerns about another Federal Reserve rate hike. US retail sales fell 0.6% in July, well below the expected 0.1% increase. It was also the steepest monthly decline since May 2025. The weaker figures pushed the dollar and Treasury yields…
Lalithaa Jewellery Mart IPO Opens at ₹190 to ₹201 Price Band; GMP at 15% as ₹1,700 Crore Issue Hits Market
Lalithaa Jewellery Mart IPO opened for subscription on August 17, 2026, with a ₹190 to ₹201 price band for its ₹1,700 crore issue. Investor interest is already picking up, with the latest grey market premium (GMP) at around ₹30. This points to a potential 15% listing gain at the upper price band. The IPO comes…
Dhoot Transmission (NSE: DHOT) Shares Jump 38% on India Debut, Valuation Hits $2.5 Billion
Dhoot Transmission shares made a strong stock market debut on August 17, 2026, rising nearly 38% above the IPO issue price. The auto components maker listed at ₹1,200 on the NSE, compared with its ₹871 issue price. The ₹3,067-crore IPO also drew heavy demand, with subscriptions reaching 74.21 times. The sharp debut lifted the company’s…
Asian Stocks Rise as China Leads Gains, Dollar Nears Two-Month Low as Fed Rate-Hike Odds Drop to 30%
Asian stocks moved higher on Monday, August 17, 2026, with Chinese equities leading the gains as investors adjusted their expectations for global interest rates. Chinese blue-chip stocks rose 0.8%, while Hong Kong’s Hang Seng gained 1.6%. At the same time, the US dollar moved towards a two-month low after weaker US data pushed expectations for…
Alibaba (NYSE: BABA) to Sell Lingxi Games to Trustar Capital in Deal Worth Over $2 Billion
Alibaba Group Holding Limited agreed on August 17, 2026, to sell its gaming arm, Lingxi Games, to Trustar Capital. The deal values the gaming unit at above $2 billion. Alibaba shares rose 1.25% to trade near $84.50 following the announcement. This transaction aligns with the tech giant’s strategy to shed non-core assets and focus on…