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Cisco Shares Slide 8% Despite Earnings Beat and Stronger Guidance
TechAug 17, 2026

Cisco Shares Slide 8% Despite Earnings Beat and Stronger Guidance

Cisco shares fell 8% even after the networking giant reported earnings that beat analyst expectations and issued stronger-than-expected forward guidance, illustrating the elevated bar public markets now set for established technology companies.

Reddit Shares Jump on Confirmation of S&P 500 Inclusion
TechAug 17, 2026

Reddit Shares Jump on Confirmation of S&P 500 Inclusion

Reddit shares surged after the social media platform was confirmed for inclusion in the S&P 500 index, marking a significant milestone in the company's post-IPO trajectory and its acceptance among America's largest publicly traded companies.

India's Climate-Tech Funding Hits $791 Million as Late-Stage Deals Dominate
ImpactAug 17, 2026

India's Climate-Tech Funding Hits $791 Million as Late-Stage Deals Dominate

India's climate-tech sector attracted $791 million across 74 funding rounds in the first five months of 2026, with late-stage transactions dominating capital deployment as policy measures including the PM E-DRIVE scheme and the upcoming Carbon Credit Trading Scheme reinforce investor confidence.

Drone Delivery Startup Skye Air Mobility Raises $9 Million Series B
FundingAug 17, 2026

Drone Delivery Startup Skye Air Mobility Raises $9 Million Series B

Drone delivery startup Skye Air Mobility is raising $9 million in an ongoing Series B round led by IAN Alpha Fund, with participation from AVNM Ventures, Faad Capital, Bajaj Capital and existing backers, as India's drone logistics sector gathers commercial momentum.

PhysicsWallah Posts 24% Revenue Growth, Narrows Losses in Q1 FY27
TechAug 17, 2026

PhysicsWallah Posts 24% Revenue Growth, Narrows Losses in Q1 FY27

Edtech unicorn PhysicsWallah has reported a 24 percent year-on-year rise in operating revenue for the first quarter of FY27, alongside a roughly 30 percent narrowing of its net loss, as India's edtech sector shows signs of a disciplined, profitability-focused recovery.

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