Perplexity partnered with Indian telecom Airtel in July 2025 to offer a free 12-month premium AI subscription to 360 million customers, leading to a massive surge in app downloads and active users. Although downloads dropped sharply after the free offer ended in January 2026, monthly active users remained significantly higher than before, and in-app revenue increased by about 60%. This suggests some users may be willing to pay for premium AI services after experiencing them for free, marking an early test of monetization strategies in India's price-sensitive market. The full impact on user conversion to paying customers will become clearer as more Airtel subscribers reach their renewal dates in the coming months.
Spot gold prices increased by 0.79% to around $4,367.50 an ounce, supported by a weaker U.S. dollar, while spot silver prices remained nearly steady. The market is balancing softer U.S. economic data, such as weaker retail sales and inflation indicat...
Northern Oil and Gas, a non-operator oil and gas company, trades at a significant discount with a dividend yield above 7% and strong free cash flow. In Q2 2026, free cash flow rose 26% year-over-year to $159 million, with management projecting up to ...
Aon plc announced leadership changes in its North America middle market segment, with Doug Hammond moving from CEO of NFP to Global Executive Chairman of Aon's middle market, including NFP. Mike Schneider is named CEO, Ethan Foxman President, and Mik...
Defined-maturity bond ETFs like iShares iBonds Dec 2026 (IBDR), Invesco BulletShares 2028 (BSCS), and iShares iBonds Dec 2031 Treasury (IBTL) provide investors a way to lock in yields close to 5% by holding bonds that mature on fixed dates. Unlike tr...
Ethereum's price increased by 3% to around $1,920 on August 19, showing a recovery from recent lows near $1,870. Despite positive momentum indicators like the 4-hour RSI and MACD, the price remains below the key resistance zone around $1,986 to $2,00...
