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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.
LIC (NSE: LICI) Falls as India Plans to Sell Up to 6.5% Stake at ₹382 Per Share, Targeting ₹314 Billion ($3.3B)
LIC shares fell Tuesday, August 4, 2026, after the government launched a major stake sale. India will offload up to 6.5% of Life Insurance Corporation at a floor price of ₹382 per share. The Offer for Sale could raise roughly ₹31,000 crore, or about $3.3 billion. The floor price represents a 10% discount to Monday’s…
HSBC (LSE: HSBA) Announces $1B Share Buyback After Q2 Pretax Profit Beats Estimates at $10.1B
HSBC (LSE: HSBA) reported better-than-expected second-quarter results on August 4, 2026, giving investors fresh reasons to watch the stock. The bank posted $10.1 billion in pretax profit, ahead of market estimates, and announced a new $1 billion share buyback alongside its interim dividend. The quarter reflected steady business performance despite an uncertain global economy. So,…
Ather Energy Surges 18% to Record ₹1,500 After Strong Q1 Earnings, Lower Losses and Improved Margins
Ather Energy shares surged nearly 18% to a fresh all-time high of ₹1,500 on Tuesday, August 4, 2026. The rally followed strong first-quarter FY27 results showing sharply narrower losses. Consolidated net loss fell to ₹51 crore from ₹178 crore a year earlier. Revenue from operations nearly doubled, climbing 89% year-on-year to ₹1,216.92 crore. Ather Energy…
Shein Targets $30B to $40B Valuation for Hong Kong IPO, with Listing Expected as Early as Mid-August
Shein is getting closer to its long-awaited public listing, with plans to launch its Hong Kong IPO as early as mid-August 2026. The fast-fashion company is reportedly seeking a valuation of $30 billion to $40 billion, well below the $98.2 billion private valuation it achieved in 2022. The lower target reflects a more cautious market…
Spectrum TV App Outage Hits Users Across Multiple U.S. States, With Widespread ‘RLP-1035’ Error Disrupting Streaming Services
Spectrum TV app users across multiple states lost access Monday evening, August 3, 2026. Thousands reported outages through DownDetector, with many seeing the RLP-1035 error code instead of live streams. Charter Communications acknowledged the issue and confirmed engineers were working to restore service. The Spectrum TV app returned to normal function by 10 p.m. EDT….
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…
AMC Hits 106-Year Revenue Record as Spider-Man Draws 10.2M Moviegoers
AMC Entertainment reports record weekend revenue of $927M globally from Spider-Man: Brand New Day debut, drawing 10.2M moviegoers across US and international ODEON cinemas.