Financial Summary: Monday, August 11, 2025

Nvidia and AMD will allocate 15% of their revenue from chip sales in China to the U.S. government due to new regulations.

A new space tech company has launched the largest IPO of the year, achieving a valuation of $6.3 billion.

C3.ai's preliminary Q1 revenue and losses significantly underperformed expectations, leading to a sharp decline in its stock price.

Generative AI is set to transform online shopping by automating checkout processes, reshaping the retail landscape.

Amazon successfully launched 24 additional Kuiper satellites, increasing its total to 102 in low-earth orbit.

Micron Technology's stock rose after the company raised its outlook for memory chip production.

Ukrainian President Zelenskiy gains diplomatic backing from Europe and NATO ahead of US-Russia talks on the Ukraine conflict.

Israeli forces kill Al Jazeera reporter Anas al-Sharif in Gaza, sparking outrage across the Arab world.

President Trump extends the deadline for U.S. tariffs on Chinese goods by 90 days to maintain a trade truce.

Mexico City Mayor Sheinbaum asserts that U.S. military will 'never set foot' in Mexico amid drug cartel action reports.

California Governor Newsom warns President Trump of retaliation against Texas Republicans' congressional map redrawing efforts.

Dow Jones futures rise as Nvidia and AMD stocks attract investor interest despite challenges from AI chip sales cuts to China.

The Indian stock market rebounded strongly with the Sensex rising 746 points, driven by positive earnings from major companies.

AU Small Finance Bank shares surged after receiving a universal banking license from the RBI, boosting investor optimism.

China's Ab&B Bio-Tech shares soared 170% on debut in Hong Kong, driven by strong retail demand for its IPO.

Bitcoin approaches record highs as cryptocurrencies rally following the approval of 401(k) plans and favorable SEC rulings.

U.S. stocks fell, with the Dow industrials dropping 201 points as investors await upcoming inflation data amidst concerns over economic growth.

SoftBank has selected banks to lead the US IPO of its payments app PayPay, marking a significant step in the fintech industry.

Disney CEO Bob Iger announced a new joint streaming service that combines Hulu and Disney+, potentially reshaping the streaming market.

Western Union plans to acquire International Money Express for $500 million, expanding its global service offerings.

Sea Ltd., the parent company of Shopee, saw its stock surge 300% due to the success of its hyperlocal delivery network.

Nvidia and AMD will remit 15% of their chip sales revenues from China to the U.S. government amid ongoing trade tensions.

Crypto exchange Bullish has increased its IPO size, targeting a valuation of nearly $5 billion.

StubHub has revived its IPO plans for September after resolving tariff concerns that previously delayed the process.

Activist investors are pushing Avantor to consider a sale, indicating potential strategic changes for the company.

GitHub CEO Thomas Dohmke announced his resignation to pursue a new startup venture amid rising competition in the AI coding market.

Public sector banks in India are expanding their retail loan portfolios, surpassing private banks despite rising loan defaults.

India's defence production has reached a record ₹1.5 lakh crore in FY25, with exports also hitting a new high.

L&T has secured a major contract from Adani Power to build 6.4GW thermal power units, boosting India's energy sector.

IEEFA has called for a comprehensive review of Australia's emissions reduction policies to improve their effectiveness and accountability.