Clients of ETF issuers Bitwise, Franklin and Canary collectively bought about $28.14 million worth of XRP. The purchases indicate direct institutional inflows into XRP via ETF channels.

UK blue-chip stocks fell sharply on Thursday after US inflation data weighed on risk appetite, even as Nvidia reported strong sales. Headline US inflation eased, but the Federal Reserve’s preferred PCE price index remained elevated at 3.7%. The reading fuelled concerns that monetary policy could stay tight for longer, pressuring equities.

OpenAI has launched advertising on ChatGPT in India, with more than 50 brands set to go live this week. From September 4, businesses will be able to buy ads through a self-serve Ads Manager with daily budgets starting at Rs 725. India is ChatGPT’s second-largest market with more than 100 million weekly users, while global weekly users recently crossed 1 billion. The ad pilot has already topped $100 million in annualised revenue and has expanded to markets including Canada, the UK and Japan as well as 31 European countries.

In August, Indian-market promoters and private equity funds together sold shares worth nearly ₹58,000 crore. PE/VC exits rose fivefold month on month to ₹18,095 crore, the highest level since 2026, while promoter sales totalled ₹12,440 crore. The five largest PE exits and the three largest promoter sell-downs each made up about 70% of their respective category totals. Over the same period, the Nifty 500 posted its third straight monthly gain.

Flight Centre reported EBITDA of $275 million, up 24.4% from the prior financial year, as total transaction volume rose 4.7% to nearly $26 billion. The company said Middle East tensions cut about $60 million from its fourth-quarter pre-tax profit and reduced transaction volume through the United Arab Emirates by 15%. Flight Centre also said it will redeploy $61.7 million raised from selling its stake in Pedal Group, as it refocuses on its core travel business.

Veeva Systems reported fiscal 2027 second-quarter revenue of $928 million, beating market expectations. The company said it is targeting to maintain a customer relationship management (CRM) market share above 70%. It also expects its Falcon AI platform to see its first customers go live in 2026.

Australia’s Mineral Resources reported FY26 earnings with revenue up 44% year on year and underlying EBITDA up 183%. Underlying NPAT surged 831% and reported NPAT rose 236%. The update lifted the stock by about 5% to A$69.94, after touching A$70.48 intraday.

Asian stocks rose on Thursday after Nvidia’s strong sales forecast buoyed confidence in the AI rally. South Korea’s Kospi led regional gains, jumping 2.22%, while the MSCI Asia Pacific index added 0.6%. Japan’s Nikkei 225 rose 0.41% and the Topix gained 0.32%. U.S. equity futures also advanced, with Nasdaq 100 futures up 1.2% and S&P 500 futures higher by 0.6%.