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  • NVIDIA Unveils Jetson Orin Nano 2 For Edge AI Robotics August 25, 2026 12:34 ET

    NVIDIA Corp. (NVDA), an American technology company, on Tuesday announced Jetson Orin Nano 2, a new robotics computer aimed at entry-level edge AI applications, promising twice the inference performance of its predecessor while consuming 40% less power at the same performance. The compact system...

  • U.S. Stocks Give Back Ground After Early Advance But Remain Mostly Positive August 25, 2026 11:44 ET

    After showing a strong move to the upside early in the session, stocks have given back ground over the course of the trading day on Tuesday. The major averages have pulled back well off their highs of the session, with the Dow briefly dipping below the unchanged line. Currently, the major averages are all in positive territory.

  • Steadfast Group Underlying Revenue Rises In FY26, Announces FY27 Outlook August 25, 2026 11:25 ET

    Tuesday, Steadfast Group Limited (SFGLF.PK, SDF.AX) announced financial results for the fiscal year 2026, reporting underlying revenue of A$2,104.7 million compared to A$1,825.7 million in the prior year. Underlying net profit attributable to Steadfast members or NPAT was A$319.5 million, up 8.2 percent...

  • U.S. Consumer Confidence Shows Modest Deterioration In August August 25, 2026 11:17 ET

    Reflecting a deterioration in consumer expectations, the Conference Board released a report on Tuesday showing a modest decrease in consumer confidence in the month of August. The Conference Board said its consumer confidence index dipped to 89.4 in August from a downwardly revised 90.2 in July.

  • U.S. New Home Sales Pull Back To Six-Month Low In July August 25, 2026 10:41 ET

    New home sales in the U.S pulled back sharply in the month of July, according to a report released by the Commerce Department on Tuesday. The Commerce Department said new home sales plummeted by 10.5 percent to an annual rate of 607,000 in July after spiking by 7.6 percent to an upwardly revised rate of 678,000 in June.

  • Visa Teams With Bluefin On Unified Card-present Acceptance August 25, 2026 10:25 ET

    Visa Inc.(V), an American multinational payment card services corporation announced on Tuesday that it has launched a new card-present acceptance offering with Bluefin. This offer combines Visa Acceptance Solutions with Bluefin's PCI-validated point-to-point encryption infrastructure. The collaboration...

  • Wholly AI-Generated Songs Banned From Australian Charts August 25, 2026 10:18 ET

    The Australian Recording Industry Association, or ARIA, has announced that music recordings developed using generative artificial intelligence have been banned from Australia's music charts.On Tuesday, ARIA confirmed how the global principles on recordings developed using AI set out by IFPI will apply to the ARIA Charts. Wholly AI-generated tracks will not be eligible for the ARIA Charts. Howev

  • Apple Unveils New Mac Studio With M5 Max, M5 Ultra August 25, 2026 09:41 ET

    Apple Inc. (AAPL) on Tuesday unveiled its new Mac Studio desktop, powered by the M5 Max and new M5 Ultra chips, targeting demanding professional and artificial intelligence (AI) workloads. The new Mac Studio delivers up to 4.3 times faster AI performance, 1.8 times faster graphics, 1.3 times faster...

  • Cisco Expands Secure AI Factory With NVIDIA August 25, 2026 09:35 ET

    Cisco Systems, Inc. (CSCO), an American multinational technology conglomerate, announced on Tuesday that it is expanding its Secure AI Factory architecture with NVIDIA Corp. (NVDA), adding rack-scale computing solutions through a partnership with Supermicro to meet surging neocloud and sovereign cloud...

  • Apple Unveils New Mac Mini With M6 And M5 Pro Chips August 25, 2026 09:35 ET

    Tuesday, Apple Inc. (AAPL) announced the launch of the new Mac mini, powered by the all-new M6 and powerful M5 Pro chips, bringing a major improvement in performance while maintaining its compact desktop design. The M6 model delivers up to 4x faster AI performance, 2x faster storage and graphics,...

  • Richtech Board Approves $12 Mln Share Buyback Program; Shares Up August 25, 2026 09:11 ET

    Tuesday, Richtech Robotics Inc. (RR), a Nevada-based AI service robotics company, announced that its Board has approved a $12 million stock repurchase program for its Class B common stock. The stock repurchase program does not obligate the company to repurchase any specific number of shares, and...

  • Google Cloud Launches Gemini Enterprise For Financial Services August 25, 2026 09:01 ET

    Google Cloud announced Tuesday the launch of Gemini Enterprise for Financial Services, a purpose-built agentic AI solution designed for financial professionals. The platform is initially available in preview for the capital markets and corporate banking industries. The solution includes a Google-managed...

  • GlobalTech To Implement 1-For-3 Reverse Stock Split August 25, 2026 08:49 ET

    Tuesday, GlobalTech Corporation (GLTK.PK) announced its plan to implement a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-3, effective August 27, 2026. Under this, every 3 shares of the company's common stock issued and outstanding as of the effective date will...

  • U.S. Stocks May See Initial Strength As Crude Oil Extends Pullback August 25, 2026 08:48 ET

    Stocks are likely to move to the upside in early trading on Tuesday, regaining ground after ending the previous session mostly lower. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.4 percent. Early buying interest may be generated...

  • Marzetti Company Q4 Net Profit Improves, But Net Sales Slip August 25, 2026 08:39 ET

    The Marzetti Company (MZTI), a maker of specialty food products, on Tuesday reported a rise in net income for the fourth quarter, helped by the gain on the Milpitas property sale. However, the company registered a drop in net sales. For the three-month period to June 30, the company posted net income...

Global Economics Weekly Update - Aug 17 – Aug 21, 2026

August 21, 2026 14:42 ET
The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.