India extended incentives for registered electric two-wheelers under the PM EDRIVE scheme through March 31, 2028. The subsidy was revised to ₹2,500 per kWh, capped at ₹5,000 per vehicle, with ₹2,767 crore allocated for the program. Ather Energy climbed 4.5% to ₹1,532, while Ola Electric Mobility rose more than 1% to ₹39.82.

Coherent Corp. (COHR) fell exactly 14.24% to $325.15 on August 10, 2026 as investors cut risk across richly valued AI optics stocks ahead of Coherent's August 12 earnings report. Read the daily analysis of Coherent's AI optics demand outlook, momentum risk and key technical levels.

Arm Holdings (ARM) fell exactly 5.21% to $267.85 on August 10, 2026 as semiconductor peers declined and investors reduced exposure to high-valuation AI names. Read the daily analysis of Arm Holdings' AI infrastructure outlook, momentum risk and key technical levels.

Milky Mist Dairy Food Ltd’s IPO will be open for subscription from August 11 to August 13, with a price band of Rs 133 to Rs 140 per share. In the anchor round, institutions subscribed above the available shares and the company allotted 3.32 crore shares at Rs 140, raising Rs 465.30 crore. Zulia Investments led the anchor allocation with 1.14 crore shares, making it the largest anchor investor.

Lumentum Holdings Inc (LITE) fell exactly 8.61% to $813.51 on August 10, 2026 as AI optics investors reduced risk ahead of its August 11 earnings report and peers sold off. Read the daily analysis of Lumentum's AI optics outlook, momentum risk and key technical levels.

AXT Inc (AXTI) fell exactly 16.67% to $73.81 on August 10, 2026 as a broad photonics selloff hit high-beta AI optical names. Read the daily analysis of AXT's photonics-demand outlook, momentum risk and key technical levels.

Archer Aviation Inc. (ACHR) rose 11.99% to $6.26 on August 10, 2026 as positioning ahead of its after-close Q2 update extended attention to its eVTOL and aerospace platform narrative. Read the daily analysis of Archer Aviation's certification and commercialization outlook, momentum risk and key technical levels.

Intel Corp (INTC) fell exactly 4.06% to $97.52 on August 10, 2026 after announcing a $15 billion common-stock offering to fund AI-related expansion. Read the daily analysis of Intel's funding outlook, momentum risk and key technical levels.