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US Core PCE Holds at 3.3% in July, Dollar Edges Higher on Inflation Data
US core PCE inflation held steady at 3.3% in July 2026, matching expectations but staying well above the Fed’s 2% goal. The dollar rose slightly as markets await Jackson Hole guidance.
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…
Nvidia Stock Faces Fresh Pressure as AI Trade Doubts Grow Despite 14% Gain
Nvidia stock is up about 14% in 2026, but investor confidence in the AI trade is facing another test. On August 26, 2026, Nvidia is due to report its fiscal second-quarter results. Wall Street will be looking for signs that AI demand can continue growing at its current pace. The stock’s strong gains have lifted…
Swiss Household Income Hits Record 65,124 Francs in 2025, Savings Surge
Swiss household disposable income reached 65,124 francs in 2025, the highest on record. Savings rate climbed to 27.4%, with voluntary savings at 19.3%, reflecting strong purchasing power and financial resilience.
Jack Ma Buys Alibaba Shares, But Investor Concerns Over $10 Billion Sale Remain
Jack Ma has purchased more than HK$600 million ($76.5 million) of Alibaba shares since August 23, 2026. The buying followed Alibaba’s record HK$80 billion ($10.2 billion) share placement announced August 23. Chairman Joe Tsai and CEO Eddie Wu together bought at least $25 million more in stock. Despite this insider buying, Alibaba shares remain nearly…
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…
GOOGL Stock: Alphabet Reports 24% Q2 Growth as Revenue Outlook Draws Attention
GOOGL stock stayed in focus after Alphabet reported 24% revenue growth for the quarter ended June 30, 2026. Consolidated revenue reached $119.8 billion, beating Wall Street’s $116.93 billion estimate comfortably. Google Cloud revenue surged 82% to $24.8 billion, marking the segment’s strongest quarter in years. Net income jumped 298% to $112.1 billion, boosted by a…
Cyient Stock in Focus: CCI Approves Acquisition of California-Based Tao Digital Solutions
Cyient Stock will stay in the spotlight after the Competition Commission of India cleared its acquisition of TAO Digital Solutions Inc. The regulator confirmed approval for a 100% share capital acquisition on August 25, 2026. Cyient’s market capitalization stood at ₹10,212.85 crore as of the same date. The all-cash deal, first announced in May 2026,…
Welspun Corp Shares Tumble 6% as ₹1,433 Crore Block Deal Changes Hands
Welspun Corp shares tumbled up to 5.94% to ₹2,206.10 on the NSE on August 26, 2026. The drop followed a ₹1,433.44 crore block deal in the morning trading window. MD & CEO Vipul Mathur and promoter group entity Welspun Investments and Commercials were among the sellers in the transaction. The stock had closed at ₹2,345.50…