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Meta Platforms Child Safety Trial Opens as Investors Weigh Potential Fallout

Opening arguments began Tuesday in a trial brought by a coalition of states against Meta Platforms (NASDAQ:META), with investors closely tracking developments given the scale of potential financial and operational consequences. The states allege that Meta violated a federal child privacy law and various …

Nitish Kishor | 18 August 2026

Nuvation Bio Shares Could Double, Bank Says, as Cancer Drug Gains Adoption

Nuvation Bio (NYSE:NUVB) is likely to see substantial share price appreciation as it deepens its push to commercialize its cancer drug IBTROZI along with other treatments in its pipeline, according to a major investment bank that initiated coverage of the stock with a buy …

Nitish Kishor | 18 August 2026

Nvidia's AI Advantage Shifts From Chips to Capital as Rivals Close Technology Gap

Nvidia's (NASDAQ:NVDA) massive head start in artificial intelligence turned the chipmaker into the world's most valuable company, but nearly four years into the generative AI boom, competitors including AMD and Google have chipped away at its technology lead, pushing the company to increasingly rely …

Nitish Kishor | 18 August 2026

Home Depot Reaffirms Full-Year Guidance Amid Frozen Housing Market Conditions

Home Depot (NYSE:HD) reported fiscal second-quarter results that beatWall Streetexpectations on both the top and bottom lines this week, while reaffirming its full-year guidance rather than raising it. The company's chief financial officer told aBusinessnews outlet that Home Depot continues to operate in what …

Nitish Kishor | 18 August 2026

Cargo Ship Attacked in Strait of Hormuz, Killing Crew Member, as Trump Claims Waterway Is Open

A cargo ship transiting the Strait of Hormuz came under attack this week, leaving one crew member dead, while President Trump said the waterway is open and operating. A projectile struck the vessel as it exited the strait, damaging its engine room, according to …

Nitish Kishor | 18 August 2026

Israeli Strikes on Syrian Air Base Draw Sharp Rebukes From US and Turkey

Eight Israeli air strikes hit the Abu al-Duhur military air base in northwestern Syria's Idlib province early Tuesday, damaging the runway and storage facilities but causing no casualties, according to Syrian state media. The base lies about 70 kilometers from the Turkish border and …

Nitish Kishor | 18 August 2026

Kalshi Seeks to Launch Perpetual Futures on Equity Indexes, Expanding Into Traditional Exchange Turf

Prediction market platform Kalshi filed with theCommodityFutures Trading Commission on Tuesday, revealing it is seeking to launch perpetual futures, known as perps, tied to equity indexes. The filing marks the latest move by the company to expand beyond its original prediction markets offerings, which …

Nitish Kishor | 18 August 2026

Klarna Overhauls Leadership as It Pursues US Banking License

Klarna (NYSE:KLAR) is searching for a New York-based finance chief as part of a wider leadership shake-up at the buy now, pay later lender, as it seeks to become a regulated bank in the US. The company said its current chief financial officer Niclas …

Nitish Kishor | 18 August 2026

South Korean Retail Investors Pour Billions Into US Stocks as Home Market Corrects

A wave of South Korean investors is flocking to US markets to avoid a correction at home, even as global investors have piled into Korean shares. Korean retail investors net sold domestic stocks for most of last week, even as the benchmarkindexenteredBull Marketterritory, according …

Nitish Kishor | 18 August 2026

Global Private Equity Firms Make Zero New China Deals So Far in 2026

Ten of the world's largest privateCapitalfirms, including major global buyout groups, have made no new publicly disclosed equity investments in mainland China in the first seven months of 2026, according to an analysis of Dealogic and PitchBook data. This compares with just three private …

Nitish Kishor | 18 August 2026
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