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Samsung Affiliates Face 45% Premium Offer for S-1 Stake as Activist Investor Pushes Landmark Deal
Samsung affiliates received a formal buyout offer for their combined stake in S-1 Corp on August 27, 2026. Singapore-based Flashlight Capital Partners proposed acquiring the 20.6% stake at 116,000 won per share. That price represents a 45% premium to Wednesday’s closing price. The deal totals 906.6 billion won, or $655 million, testing South Korea’s revised…
Nvidia Beats Q2 Targets, Stock Falls Despite $96.2B Revenue on August 26
Nvidia reported Q2 revenue of $96.2B, beating estimates of $92.3B, and raised Q3 guidance to $105.8B-$110.1B. Data Center revenue jumped 117% to $89B. Stock fell 1.6% despite the beat.
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…
Welspun Corp (WELCORP) Share Price Soars 16% to Record High After ₹17,200 Crore Mega Order
On August 21, 2026, Welspun Corp shares surged after the company won its largest-ever single order, valued at about $1.8 billion (₹17,200 crore). The contract covers pipe supplies from its US manufacturing facility and sent the stock to a record high. The deal also pushed Welspun Corp’s global order book to around $4.4 billion, giving…
Fauci Adviser Morens Pleads Guilty to Hiding COVID Records on August 19
Dr. David Morens, former Fauci adviser, pleads guilty to conspiracy to conceal COVID-19 research records. Faces up to 5 years in prison; sentencing set for November 12.
Former Fauci Adviser Morens Pleads Guilty to Hiding COVID Records on August 19
Former NIAID adviser David Morens pleads guilty to conspiracy to conceal COVID-19 research records. He faces up to five years in prison at sentencing on November 12, 2026.
SpaceX Hits 100 Launches in 2026 as Falcon 9 Sends 24 Starlink Satellites Into Orbit
SpaceX reached its 100th launch of 2026 on August 18, sending another batch of Starlink satellites into orbit aboard a Falcon 9 rocket. This marks the third consecutive year SpaceX has hit the century mark for annual launches. The vast majority of 2026’s missions have carried Starlink satellites, reinforcing the company’s dominant position in commercial…
Asics to Dissolve Trading Subsidiary, Consolidate Walking Business August 15
Asics will liquidate its trading subsidiary and consolidate walking operations. Q2 profit jumped 62.1% to 35.6 billion yen as Onitsuka Tiger brand drives growth.
Social Security Fast-Tracks 14 Rare Diseases on Disability List, August 13
Social Security added 14 rare diseases to its fast-track disability list, bringing the total to 314 conditions. Qualifying claims can now be approved in days instead of months.