Alibaba Group Holding Ltd. priced a HK$80 billion ($10.21 billion) placement of 710 million new shares at HK$112.70 each, an 8.4% discount to Friday's close, to fund its AI infrastructure, and its Hon…
Recruiter Hays reported a statutory pre-tax loss of £54.5m for the year to June 2026, its first annual loss in 23 years, driven by £89.6m in restructuring and disposal charges, while underlying operat…
Japan's exports grew 23.2% year-on-year in July, beating the Reuters poll estimate of 19.9% and marking the fifth consecutive month of gains, the fastest pace since October 2022, according to data cit…
Alibaba Group Holding Ltd. reported a 75% drop in net income to 10.5 billion yuan ($1.6 billion) for the June quarter, driven by a 75% surge in capital expenditure to 67.7 billion yuan ($10 billion) o…
Global borrowing costs hit fresh highs as the US 30-year Treasury yield reached 5.33%, its highest since June 2007, and the UK 30-year gilt yield rose to 5.85%, driven by rising oil prices near $90 a …
Leopold Aschenbrenner's Situational Awareness LP, a hedge fund he grew from $225 million to about $45 billion, lost most of its value in about four weeks in July 2026 after a 439% net return in the fi…
Nvidia disclosed in a securities filing that it will provide up to $105 billion in financing for an OpenAI data center in Pike County, Ohio, built and operated by SB Energy, a figure that is a sharp s…
Anthropic told investors in a weekend update that its annualized revenue run rate hit $65 billion at the end of July, a sevenfold increase from a year ago, CNBC confirmed on Monday. The figure, first …
Newsweek reported that former President Donald Trump posted an AI-generated image on Truth Social depicting himself seizing an Iranian oil tanker, captioned "It's Our Oil Tanker Now!" The image shows …
CNBC reported that Anthropic's preliminary second-quarter revenue topped $11.5 billion, citing documents seen by Bloomberg News, compared with $787 million in the same period a year earlier and $4.73 …
Forbes reported that U.S. merchandise trade reached $2.98 trillion in the first half of 2026, putting the country on pace to cross $6 trillion for the year if the second half matches the historical se…
Apollo chief economist Torsten Slok said the AI ecosystem could support more than $2 trillion in debt, but investment-grade bond markets may absorb less than $1 trillion through 2030 due to concentrat…
CBS MoneyWatch's claim that AI is driving up consumer prices is rated 5/10 by Rubbish Talk, which found the tech-cost spike real but narrow while the Bureau of Labor Statistics' July report showed she…
A Nikkei analysis finds that Alphabet, Amazon, Meta, Microsoft, and Oracle carry approximately $1.65 trillion in hidden debt from AI build-out financing, exceeding their roughly $1.35 trillion in disc…