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Blackstone to sell 25% of Knowledge Realty, India’s largest office REIT
Blackstone announced plans to sell up to a 25.03% stake in Knowledge Realty Trust through an offer for sale. The firm disclosed the transaction in an exchange...
Schwab adds Solana and altcoins, expanding platform to drive engagement
The Charles Schwab Corporation expanded its Schwab Crypto platform by adding support for Solana (SOL), Avalanche (AVAX), and Chainlink (LINK). These digital...
Enbridge Halted on Line 5 Reroute, Following Natural Gas Liquids Leak
The Wisconsin Department of Natural Resources (DNR) formally requested that Enbridge halt all work on its Line 5 pipeline rerouting project. A natural gas...
TSMC Outlook Lifted to Positive, Fueled by Surging AI Demand
Moody’s Ratings revised its outlook on Taiwan Semiconductor Manufacturing Company (TSMC) to positive from stable. The agency concurrently affirmed the...
Eli Lilly wins FDA heart approval for Mounjaro, intensifying Novo Nordisk rivalry
The FDA approved Eli Lilly’s Mounjaro to reduce risks of heart attack, stroke, and cardiovascular death in high-risk adults with type 2 diabetes. This decision...
Infosys shares jump over 3%, fueled by bullish Nvidia outlook
Infosys shares climbed over 3% on August 28, 2026. This movement triggered a broad rally across Indian IT stocks. A bullish outlook from US chipmaker Nvidia...
TSMC Outlook Raised to Positive, Fueled by AI and Cloud Demand
Moody's Ratings revised its outlook on Taiwan Semiconductor Manufacturing Company (TSMC) to positive from stable. The agency affirmed TSMC's Aa3 issuer...
TSMC Outlook Upgraded to Positive, Citing AI Growth and Market Lead
Moody's Investors Service upgraded Taiwan Semiconductor Manufacturing Company's (TSMC) outlook to positive from stable on August 28, 2026. The agency affirmed...
MicroStrategy faces death spiral risk, as Bitcoin stalls at $80,000
Financial analysts raise concerns about MicroStrategy’s strategy as Bitcoin stalls near $80,000. Critic Peter Schiff warns of a potential death spiral for the...
Owner.com hits $2.3B valuation, securing $240M led by Goldman Sachs
Goldman Sachs Alternatives led a $240 million financing round for Owner.com. The investment values the AI-native platform at $2.3 billion. Existing investors...
Cipla loses Pune distribution license, citing misbranded Reactin Plus
The Maharashtra Food and Drug Administration (FDA) cancelled the drug sale and distribution license for Cipla Pharma & Life Sciences' Pune facility. This...
Circle secures Chelsea FC shirt deal, stock cools after 45% rally
Circle Internet Group signed a deal to become Chelsea Football Club’s Principal Partner and official front-of-shirt sponsor. The partnership begins with the...
Eli Lilly’s Mounjaro wins FDA heart approval, boosting blockbuster market lead
The FDA approved an expanded indication for Eli Lilly’s Mounjaro to reduce the risk of major adverse cardiovascular events (MACE). This approval applies to...
Alibaba expands MiniMax cloud deal to $1.2B, meeting surging AI demand
Chinese AI firm MiniMax expanded its cloud computing agreement with Alibaba Group to a $1.2 billion ceiling. The new three-year deal represents a 220%...
U.S. Army Awards $2.2B for Nuclear Micro-reactors, Boosting Energy Resilience
The U.S. Army awarded contracts totaling up to $2.2 billion for nuclear micro-reactors. Five companies will build and operate these units at five domestic...
OCC and FDIC redefine unsafe banking, targeting excessive risk-taking
The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) issued new guidelines defining unsafe and unsound...
Cipla loses Pune license, cited for misbranding and storage failures
The Maharashtra Food and Drug Administration (FDA) cancelled the drug sale and distribution license for Cipla Pharma & Life Sciences’ Pune facility. This...
Lee Ainslie's Maverick Capital Exits MercadoLibre Position
In a notable portfolio shift, Lee Ainslie's Maverick Capital fully divested its stake in Latin American e-commerce giant MercadoLibre during the second quarter...
Lee Ainslie's Maverick Capital Exits $86M Molina Healthcare Stake
Lee Ainslie's Maverick Capital completely exited its position in Molina Healthcare (MOH) during the second quarter of 2026, according to SEC filings. The fund...
Lee Ainslie's Maverick Capital exits Centessa Pharma following Lilly acquisition
Lee Ainslie's Maverick Capital fully exited its position in Centessa Pharmaceuticals (CNTA) during the second quarter of 2026, according to a recent SEC 13F...