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India urges Russia to end Ukraine war amid rising reliance on Russian oil and looming US tariffs.

Market News
31 Aug 2026
CNBC
View Source
Bearish
pluang ai news

Indian Prime Minister Narendra Modi called for an end to the Ukraine war during a meeting with Russian President Vladimir Putin at the Shanghai Cooperation Organization summit. Modi emphasized the need to cease hostilities, highlighting the global impact of the ongoing conflict. Meanwhile, India's dependence on Russian crude oil has surged due to global energy shortages caused by the Iran war, with Russia supplying over 50% of India's oil imports recently. The US is set to approve a bill imposing up to 100% tariffs on top buyers of Russian oil, including India, aiming to curb Russia's oil revenues amid the conflict. This dynamic underscores the complex geopolitical and economic challenges India faces balancing its energy needs and international pressures.

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Hydreight posts 421% revenue jump in Q2 2026, hitting $28M with strong profitability

Hydreight posts 421% revenue jump in Q2 2026, hitting $28M with strong profitability

Hydreight Technologies reported a record Q2 2026 revenue of $28 million, up 421% year-over-year, driven by growth in its VSDHOne platform and pharmacy sales. The company also posted a net income of $2.5 million and adjusted EBITDA of $3.2 million, ma...

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Helium (HNT) jumps 36% in a day amid bullish sentiment but faces risks from protocol losses and negative funding.

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Helium (HNT) surged 36% in 24 hours, driven by increased cell coverage usage in places like Texas and Hawaii and a bullish market sentiment reading of 5.6. Despite this rally, the asset still shows a 38% loss year-to-date and faces downside risks fro...

Market News
Neutral
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Tanker hit by projectiles in Strait of Hormuz amid US-Iran tensions, oil prices spike.

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A tanker was struck by three unknown projectiles while passing through the Strait of Hormuz, escalating fears of conflict in the Middle East. This incident follows recent US and Iranian military strikes, including Iran's attack on US bases in Jordan ...

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Bearish
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Mountain Province Diamonds CFO Steven Thomas to step down Sept 1, 2026, aiding transition before leaving.

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Mountain Province Diamonds announced that CFO Steven Thomas will resign effective September 1, 2026, to pursue other opportunities. Thomas will remain in an advisory role during the transition. The company acknowledged his significant contributions o...

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Lam Research upgraded to buy on strong AI-driven growth and improved outlook.

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Lam Research was upgraded to a buy rating following its strong 30% year-over-year revenue growth in the June quarter, driven by high demand in AI and memory sectors. The company also showed margin expansion and inventory efficiency, indicating solid ...

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