Author: FinSiddhi

China trade balance grows more than expected in July on exports boost

Firmus secured two billion dollars in equity funding this week. This investment brings the company’s valuation to over ten point five billion dollars. The funds will accelerate AI factory build-outs in Australia and Asia. Nvidia and Coatue Management participated in the latest funding round. Firmus plans to expand its AI infrastructure initiatives across the region.

PHC Holdings Q1 2026 slides show 171% profit gain, shares rally 19%

The Rs 251.88 crore Technocraft Ventures IPO opens for subscription today, August 7, with a price band of Rs 200-Rs 212 per share. Backed by a 54% jump in FY26 net profit and an 8% grey market premium, brokerage Anand Rathi has given it a ‘Subscribe – Long Term’ rating.

Fusion Klassroom Edutech will list on the BSE SME platform today, August 7. The Rs 39.04-crore IPO was subscribed 1.50 times overall, with shares commanding a flat grey market premium (GMP ahead of debut, pointing towards a muted listing despite strong 162% YoY profit growth in FY26.

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Miami Heat are reportedly exploring a trade to reunite with sharpshooter Duncan Robinson, sending Nikola Jovic and two second-round picks to Detroit in return. The move would pair Robinson’s 41 percent three-point shooting with Giannis Antetokounmpo and Bam Adebayo, addressing a spacing gap left after Miami’s offseason moves. Robinson’s $15.99 million cap hit lines up…

In a significant move, the WTA has enacted a new policy requiring all players to undergo a one-time SRY gene test for eligibility. Aryna Sabalenka, currently the top-ranked player, champions this measure as a means of ensuring fairness in the sport. However, Jessica Pegula, a member of the players’ council, perceives it as a bureaucratic…

Italy, France, Germany battle extreme heat as Europe faces record temperatures

Ajinkya Rahane, who recently announced his retirement from all forms of cricket, scored 5,077 runs in 85 Tests at an average of 38.46, including 12 centuries and 26 half-centuries. He also played 90 ODIs, scoring 2962 runs at an average of 35.26, including 3 hundreds and 24 fifties. He also featured in 20 T20Is for…