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S&P 500 Today, August 25, 2026: Moderna Surges on Cancer Vaccine as DICK'S Sporting Goods Craters 29%

NEW YORK, Aug. 25 -- For investors who loaded up on biotech last quarter, the melanoma data from Moderna Inc. arrived like a confirmation. For those who trusted DICK'S Sporting Goods to absorb the Foo... Read More


TCS Acquires Porsche's MHP Consultancy in Landmark India-Germany Tech Deal

New Delhi, Aug. 25 -- For 4,500 engineers and consultants at MHP, the name that arrived with Monday's announcement was not one anyone in Ludwigsburg had expected: Tata Consultancy Services, India's la... Read More


Alibaba Raises $10.2 Billion in Hong Kong's Largest Share Sale to Fund AI Race

On Saturday, Aug. 23 -- The number that matters most to Alibaba's engineers, cloud clients, and competitors is not HK$80 billion. It is the gap in compute capacity, model performance, and inference sp... Read More


Iraq-Syria Oil Pipeline to Bypass Hormuz Faces $15 Billion Cost, Four-Year Wait

WASHINGTON, Aug. 18 -- When Scott Bessent told reporters last week that underground pipelines could handle "more than 50% or 70%" of the oil exports now running through the Strait of Hormuz, markets b... Read More


Nvidia Backs $105B Credit Line for OpenAI's Ohio Data Center, Invests $1.5B in SB Energy

New Delhi, Aug. 18 -- Nvidia Corp. announced Sunday it will invest $1.5 billion in SB Energy, the SoftBank-backed data center developer constructing OpenAI's PORTS-Pike Technology Campus in Pike Count... Read More


Germany Gas Storage at Multi-Year Low as INES Warns of Winter Supply Risk

New Delhi, Aug. 18 -- With winter still months away, Germany cannot afford to wait. The country's underground gas storage facilities stood at just 49.68 percent capacity as of August 17, below where t... Read More


Trump's World Liberty Financial Wins OCC Bank Charter in a US Presidential First

WASHINGTON, Aug. 17 -- The Office of the Comptroller of the Currency handed conditional approval on August 15 to World Liberty Trust Co. to operate as a national trust bank - a move that makes Donald ... Read More


Japan Economy Grows Just 1.1% in Q2 2026, Missing Forecasts as Consumer Spending Retreats

TOKYO, Aug. 17 -- For a country that has spent two years watching food prices climb and energy bills thicken, Japanese households have quietly started to push back. The result arrived Friday in a numb... Read More


Tyson Foods Closes Eagle Mountain Beef Plant, Cutting 723 Utah Jobs in Industry-Wide Restructuring

The closure, Aug. 16 -- The $300 million beef processing plant that Tyson Foods Inc. opened here in 2021, billed as a long-term anchor for one of Utah's fastest-growing counties, will close. The compa... Read More


PayPal in $53 Billion Buyout Talks With Stripe and Advent as Initial Offer Is Rebuffed

NEW YORK, Aug. 16 -- The company that once defined internet payments is now potentially a takeover target for the very competitor it helped inspire. Stripe and private equity firm Advent Internationa... Read More