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2026-08-28

Nifty fell for a second day on Thursday, barely holding the 24,000 mark and set to possibly extend a third consecutive weekly decline. Sensex plunged about 3% during a roughly 20‑minute closing call auction, intensifying concerns over thin liquidity

Nifty fell for a second day on Thursday, barely holding the 24,000 mark and set to possibly extend a third consecutive weekly decline. Sensex plunged about 3% during a roughly 20‑minute closing call auction, intensifying concerns over thin liquidity and potential price manipulation and likely prompting closer scrutiny of the recently introduced closing auction price mechanism. Year-to-date Nifty has lagged mid- and small-cap indices by more than 10 percentage points as investors rotated downmarket into consumer tech, healthcare and defense/aerospace supply-chain names. That trend may be reversing: with foreign inflows resuming, large-cap profit growth is accelerating. Motilal Oswal data show June-quarter profits for large-cap firms, excluding oil marketing companies, rose 20% YoY — the fastest pace in ten quarters.
2026-08-28

Huawei rotating chairman Xu Zhijun said at the HarmonyOS Ecosystem Conference 2026 that native HarmonyOS apps have surpassed 100k and apps available on HarmonyOS phones exceed 400k. As of Aug 20, devices running HarmonyOS 6 topped 80m; he expects the

Huawei rotating chairman Xu Zhijun said at the HarmonyOS Ecosystem Conference 2026 that native HarmonyOS apps have surpassed 100k and apps available on HarmonyOS phones exceed 400k. As of Aug 20, devices running HarmonyOS 6 topped 80m; he expects the ecosystem to exceed 100m users in Q4 2026, reaching a critical mass and entering a new growth phase.
2026-08-28

Li Chao, deputy director of the policy research office at the CHINA STATE PLANNER, told the agency's August briefing the so‑called "China squeeze" argument is a baseless zero‑sum attack aimed at preserving hegemonic interests and denying other countr

Li Chao, deputy director of the policy research office at the CHINA STATE PLANNER, told the agency's August briefing the so‑called "China squeeze" argument is a baseless zero‑sum attack aimed at preserving hegemonic interests and denying other countries' development rights. He said China is supporting industrialization and green transition in developing countries through concrete actions, that imports and exports with over 180 countries and regions rose in the first seven months of the year, and pledged China will continue to contribute to global development and human progress.
2026-08-28

JP Morgan raises Workday price target to $225 from $190.

JP Morgan raises Workday price target to $225 from $190.
2026-08-28

JPMorgan Chase raised its price target for Workday from $190 to $225.

JPMorgan Chase raised its price target for Workday from $190 to $225.
2026-08-28

A U.S. judge on Thursday enjoined the Pentagon from blacklisting Anthropic, developer of the Claude AI, after Anthropic sued in federal court in California alleging Defense Secretary Hegseth exceeded his authority by naming the firm a national-securi

A U.S. judge on Thursday enjoined the Pentagon from blacklisting Anthropic, developer of the Claude AI, after Anthropic sued in federal court in California alleging Defense Secretary Hegseth exceeded his authority by naming the firm a national-security supply-chain risk. The designation, under rules that allow the government to flag companies that could expose military systems to infiltration or sabotage, had barred Anthropic from certain defense contracts. Anthropic has refused military use of Claude for U.S. surveillance or autonomous-weapon development; executives warned the designation could cost the company billions and damage its reputation. This is the latest development in a high-stakes dispute with the U.S. military over battlefield AI safety.
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