Xiaomi Group reported a fresh earnings decline, with adjusted net profit down about 43% year on year to 6.22bn yuan and overall gross margin slipping to 19.8%. Handset revenue fell 7.5% to 42.1bn yuan as the cost of key components such as memory rose sharply and competition intensified. Electric-vehicle revenue increased 15.9% to 23.9bn yuan, but it was not enough to offset weaker phone performance.

Ethereum’s Platåberget upgrade began on Aug. 17, 2026 and is set to run one of the network’s most significant technical changes in years on Aug. 20. The upgrade reprices gas, aiming to lift the gas ceiling from the current 60 million to roughly 200 million. A standard ETH transfer to a new address will carry additional costs beyond the flat fee assumptions many wallets rely on. As of Aug. 19, ETH traded at $1,917.78, up 2.7% over the past 30 days and moving roughly between $1,850 and $1,950 over the month.

Iran is considering strikes on US military targets in Europe if President Donald Trump escalates the war, with Bulgaria and Cyprus cited as potential retaliation sites. Tehran has also examined the possibility of targeting subsea fiberoptic cables in the Strait of Hormuz as regional tensions rise. In crypto markets, Bitcoin whales have resumed buying, adding about 43,000 BTC worth roughly $2.75 billion.

Chipmaker Analog Devices easily beat estimates for its fiscal third quarter and with its outlook for fiscal Q4. ADI stock rose on the news.

MoneyGram CEO Anthony Soohoo said the company has opened its global retail network to the Solana ecosystem. He said any Solana developer can build on MoneyGram’s infrastructure and use its off-ramp services across 500,000 retail locations. The aim is to bridge physical cash and the Solana digital-asset ecosystem by enabling convenient fiat-to-crypto exchange at in-person locations.

The U.S. dollar weakened against major currencies on Wednesday as the Treasury selloff eased. Investors awaited minutes from the Federal Reserve’s latest meeting for policy clues, while tensions in the Middle East resurfaced. The euro rose 0.31% to 1.1611, and the yen gained 0.35% against the dollar. A Middle East standoff lifted oil to three-week highs, keeping inflation risks in focus.

Zenith Health Care reported a net profit of ₹13.62 lakh in the first quarter of FY27, reversing a net loss of ₹34.20 lakh in the previous quarter and a marginal loss a year earlier. Revenue from operations rose 5.6% year on year to ₹350.12 lakh. Profit before tax turned positive at ₹18.12 lakh, compared with a loss in the immediately preceding quarter.

Moderna and Merck said their jointly developed melanoma vaccine succeeded in a large trial enrolling 1,137 high-risk post-surgery patients. Earlier mid-stage data showed the therapy cut the five-year risk of recurrence or death by 49%. Barclays analysts have said they expect the treatment could generate about $3 billion in melanoma sales by 2035. Moderna shares surged in premarket trading, while Merck rose 7.5%.