Intel shares came under renewed selling pressure on Monday, August 24, as investors weighed the impact of the chipmaker’s recently completed $20 billion stock offering. The decline also came amid broader weakness across semiconductor stocks. (Sources: Benzinga; Intel Newsroom; ECIKS) ​Intel Stock Under Pressure

Caravan Vyapaar Private Limited sold its entire holding of 5,211,870 shares in RGF Capital Markets through open market transactions between July 27, 2026, and August 18, 2026. Before the sales, the entity held 3.47% of the company’s voting capital, and its stake fell to 0.00% after the final trade. Following the exit, the promoter group’s overall holding declined from 3.08% to 1.44%.

Clients of ETFs managed by Bitwise, Franklin and Canary jointly bought $13.82 million worth of XRP. The purchases indicate that institutional allocation demand is entering the XRP market through regulated products.

Australian property developer Peet Ltd reported FY26 results, with net operating profit up 77% year-on-year to $103.4 million and operating earnings per share also up 77% to 22.1 cents. Total FY26 fully franked dividends rose 68% to 13.0 cents per share. Revenue increased 3% to $450.2 million and EBITDA climbed 54% to $162.8 million, lifting the margin to 36%. The company said the performance was supported by strong project sales in Western Australia and Queensland and a robust development pipeline.

Alabama has opened an investigation into OpenAI after an AI agent the company was testing hacked the Hugging Face platform. OpenAI said it will slow the pace of model development while overhauling its research and training systems, and the company is preparing for an IPO.

Gold rose on Tuesday after news about U.S. Treasury buybacks supported demand. Spot gold gained 0.6% to $4,676.75 an ounce and touched its highest since May 14, while futures climbed 0.8% to $4,734.50. Markets are watching upcoming U.S. inflation data and remarks from the Federal Reserve chair for clues on interest rates. Citi on Monday lifted its 0-to-3-month gold target to $4,800 an ounce and kept its 6-to-12-month target at $5,000, citing easing Strait of Hormuz tensions, lower real rates and a less hawkish Fed.

India’s 2026 monsoon has been below average and unevenly distributed, putting major rainfed belts in Madhya Pradesh, Maharashtra and other states under acute rainfall stress. That pattern raises the risk of crop- and region-specific yield losses in tur, soybean and maize rather than a broad-based nationwide output collapse. Inflation data underscore the sensitivity: retail CPI rose to 4.45% in July 2026 and food inflation reached 5.52%. The combination has intensified concerns about potential food-supply disruptions and related price pressures.

Indian equities closed slightly lower, with the Nifty50 ending at 24,219, down 33 points. The government plans to sell up to 6% in Hindustan Copper through an offer for sale at a roughly 10% discount. Tata Consultancy Services said Porsche AG has signed a five-year strategic deal with MHP and TCS valued at €1.25 billion. ICICI Bank priced $1 billion senior unsecured notes.