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JBM Auto Shares Rally 10%, Gain 16% in 6 Months; What Is Driving the Surge?
📅 in about 5 hours

JBM Auto Shares Rally 10%, Gain 16% in 6 Months; What Is Driving the Surge?

JBM Auto shares surged 10% to touch an intraday high of ₹685 on Friday, August 21, 2026. Reports suggested Bain Capital is exploring a $300 million minority stake in JBM Auto’s electric vehicle business. The stock has now climbed 16% over the past six months and 5% since the start of 2026. Heavy trading volume,…

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NVDA in Focus as Nvidia Reportedly Eyes Investment in Perplexity at $30 Billion+ Valuation
📅 in about 4 hours

NVDA in Focus as Nvidia Reportedly Eyes Investment in Perplexity at $30 Billion+ Valuation

Nvidia is reportedly in talks to invest in AI search startup Perplexity in a funding round that could value the company above $30 billion, according to a report published August 24, 2026. Perplexity’s annualised revenue has climbed past $750 million, up from less than $250 million earlier this year. The timing also puts NVDA stock…

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Puravankara Shares Gain 5% After Bagging ₹175 Crore Chennai Project; Stock Down 9% in 2026
📅 in about 4 hours

Puravankara Shares Gain 5% After Bagging ₹175 Crore Chennai Project; Stock Down 9% in 2026

Puravankara shares jumped nearly 5% to ₹227.34 on Friday, August 21, 2026, against a previous close of ₹216.50. The rally followed news that the subsidiary Starworth Infrastructure secured a ₹175 crore order in Chennai. Despite this gain, Puravankara shares remain down 9% year-to-date and 23% year-on-year. Details of Puravankara’s New Chennai Order Ritz-Carlton Project Drives…

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Alibaba Falls 8% After Pricing 710 Million New Shares at 8.4% Discount
📅 in about 4 hours

Alibaba Falls 8% After Pricing 710 Million New Shares at 8.4% Discount

Alibaba shares fell about 8% in early Hong Kong trading on August 24, 2026, after the company priced 710 million new shares at HK112.70each.ThedealwillraiseHK80 billion ($10.21 billion) to support its artificial intelligence plans. The 8.4% discount has raised concerns about shareholder dilution and the cost of Alibaba’s expanding AI spending. Investors are now weighing the…

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Fifth Third Backs Payload’s $500M Monthly Payments Platform on August 23
📅 3 hours ago

Fifth Third Backs Payload’s $500M Monthly Payments Platform on August 23

Fifth Third Bank invests in Payload, an embedded payments platform processing $500M monthly. The deal marks Payload’s first outside capital since 2019 and expands payment options across industries.

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Moderna and Merck’s Melanoma Vaccine Jumps Stocks on Phase 3 Win
📅 7 hours ago

Moderna and Merck’s Melanoma Vaccine Jumps Stocks on Phase 3 Win

Moderna and Merck’s personalized mRNA cancer vaccine succeeded in Phase 3 melanoma trials, reducing disease recurrence. MRNA jumped 8.9% and MRK rose 2.4% on the announcement.

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Manchester Airport Security Breach Diverts 7 Flights, TUI Emergency Landing August 23
📅 10 hours ago

Manchester Airport Security Breach Diverts 7 Flights, TUI Emergency Landing August 23

Seven flights diverted from Manchester Airport after a security breach on August 21. TUI Airways Boeing 737 MAX 8 declared emergency due to low fuel while held in holding pattern. Airport reopened after 15 minutes.

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Senate Kills SAVE America Act Push as All 100 Senators Agree to August Break
📅 15 hours ago

Senate Kills SAVE America Act Push as All 100 Senators Agree to August Break

The Senate adjourned for a 36-day break on August 8, sidelining Trump’s SAVE America Act, which requires voter ID and proof of citizenship. All 100 senators agreed to the recess.

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NRL Investigates Dragons Player Nita Maynard-Perrin Over Phone Use on Bench
📅 1 day ago

NRL Investigates Dragons Player Nita Maynard-Perrin Over Phone Use on Bench

NRL investigates Dragons NRLW player Nita Maynard-Perrin after footage shows her using phone on bench during Saturday match. No improper conduct alleged.

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