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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…
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…
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…
MCX, NBCC India, Paras Defence, P&G Health Set for Ex-Dividend Trading This Week
MCX leads this week’s latest ex-dividend stocks, joined by NBCC India, Paras Defence, and P&G Health. Multi Commodity Exchange of India has fixed August 28, 2026, as the record date for a ₹8 final dividend. NBCC India, Paras Defence, and Procter & Gamble Health have record dates scheduled for August 27–28. Investors must hold shares…
Coles Shares Fall 3.1% After Alcohol Pricing Glitch Crashes Website
Coles website crashes after viral Reddit post reveals 80% alcohol discount. Shares fall 3.1% to A$22.76. FY26 earnings due August 25. Meyka rates COL.AX a B-.
Litecoin Jumps 9.8% to $52.50 as RSI Hits Extreme Overbought 74.7
LTCUSD rallied 9.8% to $52.50 in 24 hours on heavy volume, pushing RSI to 74.7 and signaling overbought conditions.
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.
Taylor Sheridan Sued by Writer Over Yellowstone Copyright Claim, August 24
Writer Lauren J. Salkin sues Taylor Sheridan, claiming he stole Yellowstone from her 2016 Sovereign Nation pitch. Lawsuit seeks injunction and damages including profits from the hit series.
Take-Two Subpoenas Microsoft, Discord Over GTA 6 Leaks; TTWO Slides 0.2%
Take-Two subpoenas Microsoft and Discord to identify GTA 6 leakers. Nine gameplay videos released by CyberLeek group; game launches November 19. TTWO stock down 0.2%.