Alibaba’s quarterly revenue up 9%, misses adjusted profit due to AI spend

Nike reported stronger-than-expected quarterly revenue and earnings, supported by improving demand in North America and a recovery in its wholesale business. However, continued weakness in China and a cautious FY2027 outlook weighed on investor sentiment, overshadowing the earnings beat despite encouraging signs in the company’s turnaround efforts.

Symbiotec Pharmalab will launch its ₹1,757-crore IPO from August 24–27, 2026, with a price band of ₹938–988 per share. The minimum bid is 15 shares, requiring an investment of ₹14,820 at the upper price band. The IPO is expected to list on BSE and NSE on September 1, with allotment likely on August 28. At…

The Medical Counselling Committee (MCC) has revised the NEET UG Counselling 2026 Round 1 schedule, extending key deadlines for registration and fee payment. Candidates can register until August 15, while choice filling and locking will continue until August 17. The Round 1 seat allotment result will be released on August 19, followed by reporting and…