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ACE Robotics CEO: Humanoid Robot Brains to Reach ‘ChatGPT Moment’ by Late 2027 via Embodied AI
Humanoid robots could be heading toward a major advance in AI. On August 21, 2026, ACE Robotics Chairman Wang Xiaogang said embodied AI may reach a “ChatGPT moment” by the end of 2027. The aim is to help robots understand and respond to unfamiliar real-world situations instead of simply following fixed commands. As world models…
Stock Market Close: Sensex Ends Flat at 77,540, Nifty Holds 24,200 as Bank Gains Offset IT and Auto Drag
Sensex closed nearly flat at 77,540 on Friday, up marginally from the previous close of 77,537.72. The Nifty50 held near 24,235, against Thursday’s close of 24,231.85. Banking and financial stocks like HDFC Life and Power Grid cushioned the index, while IT, FMCG, and auto shares dragged. The muted session reflected cautious global cues as Brent…
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…
AI Investment Gets Boost as South Korea Plans New Fund From Chip Boom
South Korea is looking to turn its semiconductor boom into a new source of AI investments. On August 21, 2026, the government announced plans for a Future Response Fund that would use excess tax revenue from the chip industry to support AI and other future technologies. Local media estimates put the potential size of the…
Hays Stock Rises 0.52% as Recruiter Cuts Dividend 65% Amid Hiring Slump
Hays stock edged up 0.52% on August 20, 2026, after the recruitment giant posted FY26 results. The company cut its total annual dividend by 65%, from 1.24 pence to 0.44 pence per share. Net fees fell as hiring activity stayed weak across Hays’ key markets. Investors focused on cost cuts and stabilizing margins rather than…
US National Debt Surpasses $40 Trillion for First Time, Raising Fresh Fiscal Concerns
The US national debt surpassed $40 trillion for the first time this week, the Treasury Department confirmed Wednesday, August 19, 2026. Total public debt outstanding reached $40.047 trillion as of August 18, just five months after crossing $39 trillion. The milestone comes as the annual deficit is projected to hit $2.1 trillion by fiscal year-end…
Shiprocket Stock Jumps 8% to ₹155.69 as Goldman Sachs Buys 40 Lakh+ Shares
Shiprocket shares jumped 8.5% to ₹155.69 on August 20, 2026, extending the gains seen after the company’s stock-market debut. The move came after Goldman Sachs bought 40.24 lakh Shiprocket shares at ₹131 each through a bulk deal on August 19. Shiprocket had already listed at a 35% premium to its ₹97 IPO price. Investors are…
NVDA Stock, AMD Stock, Micron and Broadcom Gain as AI Spending Estimates Rise
AI spending estimates are rising again, giving semiconductor stocks a fresh boost. On August 7, 2026, Goldman Sachs estimated global AI investment could reach about $1 trillion this year, above widely cited hyperscaler spending forecasts. That outlook is supporting demand for AI chips, memory and networking hardware. As a result, NVDA stock, AMD stock, Micron…
Strides Pharma Stock Rallies 10% as USFDA Concludes Bengaluru Inspection
Strides Pharma shares surged 11% to ₹1,055.90 on the BSE on August 20, 2026. The rally followed news that the company’s flagship Bengaluru facility received a USFDA Establishment Inspection Report. That report confirms successful closure of a cGMP inspection conducted in May 2026. Heavy trading volumes accompanied the sharp intraday move. What the USFDA EIR…