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Financial Times: OpenAI and Anthropic are engaged in a price war and releasing cheaper models in response to the rise of Chinese AI competitors
Financial Times: OpenAI and Anthropic are engaged in a price war and releasing cheaper models in response to the rise of Chinese AI competitors
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Foreign Investors Become Net Buyers of Indian Equities, Purchasing Over $3.8 Billion
Foreign investors have turned to Indian equities, with net purchases topping $3.8 billion, after dumping $26.7 billion in the first six months of the year. This shift is attributed to a correction in
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JPMorgan debanked prediction platform Polymarket over regulatory concerns
JPMorgan debanked prediction platform Polymarket over regulatory concerns
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Former Japanese Finance Official Warns Yen "Clearly Weak," Intervention May Recur; Market Expects Bank of Japan (BOJ) September Rate Hike to 76%
Former Japanese Vice Minister of Finance for International Affairs, Mitsuhiro Furusawa, stated on Thursday that the current USD/JPY exchange rate, around 159.50, has fallen back from the 155.20 level
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Malaysia's Q2 GDP growth accelerates to 6.0%
The economy was supported by resilient domestic demand and AI-driven investment, according to a statement released by the central bank on Friday.
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Anthropic CEO's wife, Cami Clark, exposed as a key "shadow advisor" to the company, having introduced Eric Schmidt and solicited funds from Epstein.
Cami Clark, wife of Anthropic CEO Dario Amodei, reportedly serves as a key strategic advisor to the company without holding a formal position, and is said to have brought former Google CEO Eric Schmid
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Washington Court Orders Kalshi to Halt Most Prediction Market Offerings in the State, Though Allowing Commodities, Climate, Economics, and Finance-Related Markets to Continue
Washington Court Orders Kalshi to Halt Most Prediction Market Offerings in the State, Though Allowing Commodities, Climate, Economics, and Finance-Related Markets to Continue
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Speculative investors are betting that the Reserve Bank of Australia (RBA) will raise interest rates again in November, with market expectations for a 25 basis point hike rising to 45%.
Speculative investors are betting that the Reserve Bank of Australia (RBA) will raise interest rates again in November, with market expectations for a 25 basis point hike rising to 45% from 38% previo
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Oil Slick from Tanker Carrying Sanctioned Russian Crude Reaches Oman's Coastline
An oil slick from the tanker Caroline Bezengi has reached Oman's coastline, weeks after the vessel ran aground near a marine reserve. The tanker was carrying an estimated 800,000 barrels of sanctioned
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SMIC stated that the "spillover effect" of AI is driving up the prices of peripheral chips, and the company will not lower prices due to the weak smartphone and automotive markets.
SMIC stated that the "spillover effect" of AI is driving up the prices of peripheral chips, and the company will not lower prices due to the weak smartphone and automotive markets.
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S&P Global Ratings expects Hong Kong life insurers to see 8-10% annual premium growth over next two years despite Beijing's tax shift
S&P Global Ratings expects Hong Kong life insurers to see 8-10% annual premium growth over next two years despite Beijing's tax shift
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The AI boom has pushed the valuations of Chinese tech companies to several times those of their US counterparts, with the STAR 50 Index rising 29% this year on the back of government support.
The AI boom has pushed the valuations of Chinese tech companies to several times those of their US counterparts, with the STAR 50 Index rising 29% this year on the back of government support.
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South Korea's household loan growth slowed in July 2026 to KRW6.2 trillion, down from KRW8.3 trillion in June, with both home-backed and other loan types decelerating
The Financial Services Commission (FSC) reported that the outstanding balance of household loans across all financial sectors increased by KRW6.2 trillion in July, a slower pace compared to the KRW8.3
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US Treasury Secretary Bessent: The United States will implement "unprecedented economic measures" against Iran, combining economic isolation and a continued blockade of the Strait of Hormuz.
U.S. Treasury Secretary Scott Bessent stated that these measures would be a combination of "economic isolation unseen before in the world" and "a continuous blockade of the Strait of Hormuz," aimed at
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China's National Bureau of Statistics: Market price monitoring of important means of production in the circulation sector in early August showed that prices of 12 products rose, 31 fell, and 7 remained unchanged.
China's National Bureau of Statistics: Market price monitoring of important means of production in the circulation sector in early August showed that prices of 12 products rose, 31 fell, and 7 remaine
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Norwegian Foreign Minister: US war on Iran "not smart", failed to achieve goals and strengthened Tehran hardliners
Norwegian Foreign Minister Espen Barth Eide stated that the U.S. war against Iran was "not smart," failed to achieve its initial goals, and strengthened hardliners in Tehran. He called for the restora
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UAE accuses Iran of attacking two ADNOC vessels in Strait of Hormuz, calls it 'piracy' and threat to global energy security
The UAE Ministry of Foreign Affairs stated that two vessels affiliated with the Abu Dhabi National Oil Company (ADNOC) were attacked on Thursday evening while transiting the Strait of Hormuz. No injur
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Goldman Sachs reiterated its "Buy" rating on SanDisk, raising the target price to $2200, as its long-term financial guidance significantly exceeded expectations and it committed to returning 100% of excess free cash flow to shareholders.
Goldman Sachs noted in an August 13 research report that SanDisk's long-term financial model for fiscal years 2028-2030, unveiled at its Investor Day, including an 80% gross margin and 75% operating m
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BP granted offshore license in Venezuela, joining big oil's return to post-Maduro Venezuela
BP granted offshore license in Venezuela, joining big oil's return to post-Maduro Venezuela
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South Korean KOSPI opens 2.7% higher at 6,995.67, tracking overnight US gains as eased inflation woes boost sentiment; S&P 500 climbed 0.7% and Dow Jones added 0.1%.
South Korean KOSPI opens 2.7% higher at 6,995.67, tracking overnight US gains as eased inflation woes boost sentiment; S&P 500 climbed 0.7% and Dow Jones added 0.1%.
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Gold Steadies as Traders Weigh Fed Rate Path and Mideast Tension
Gold Steadies as Traders Weigh Fed Rate Path and Mideast Tension
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Israeli airstrike on Gaza City kills Jamal Abu Kamil, head of Gaza City police.
Gaza's Interior Ministry said Colonel Jamal Abu Kamel, 43, was killed on Thursday when his vehicle was hit by three missiles from a drone on al-Rashid Street in southwestern Gaza City, with two others
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Elon Musk retweeted a SpaceXAI Memphis tweet, stating that the company has paid $30 million in taxes since joining the Memphis community in 2024, supporting local services, education, and infrastructure.
Elon Musk retweeted a SpaceXAI Memphis tweet, stating that the company has paid $30 million in taxes since joining the Memphis community in 2024, supporting local services, education, and infrastructu
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Elon Musk reposts SpaceXAI's tweet: Grok won 1st place in reverse-engineering binaries into clean C, rebuilt a 1995 car's ECU runtime.
Elon Musk reposts SpaceXAI's tweet: Grok won 1st place in reverse-engineering binaries into clean C, rebuilt a 1995 car's ECU runtime.
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Visa Seeks New Stablecoin Settlement Partner as Mastercard Acquires BVNK, Requiring Multi-Regional Licensing and OUSD Settlement Capability
Visa is looking for a new stablecoin settlement partner to replace BVNK, which was acquired by Mastercard. According to documents seen by CoinDesk, Visa's Request for Proposal (RFP) emphasizes that th
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Upstart CEO Paul Gu outlines AI lending growth strategy, with personal loan originations increasing 23% quarter-over-quarter in Q2, aiming for profitability from home and auto lending businesses by year-end.
Upstart CEO Paul Gu outlines AI lending growth strategy, with personal loan originations increasing 23% quarter-over-quarter in Q2, aiming for profitability from home and auto lending businesses by ye
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Pitchbook Says Private-Credit Default Rates Could Be Downplaying Risk
Pitchbook Says Private-Credit Default Rates Could Be Downplaying Risk
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Google acquires bankrupt Spirit Airlines data for $10 million to train AI models
A Google spokesperson stated that the acquired data, which includes approximately 100 million emails and 500 million Microsoft Teams chat records, will be scrubbed of all personally identifiable infor
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Wall Street is factoring AI election backlash into stock market views as it becomes a sensitive issue
Wall Street is factoring AI election backlash into stock market views as it becomes a sensitive issue
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Realty Income (O) is highlighted as a standout income stock, boasting 673 consecutive monthly dividends and a yield above 5%
The real estate investment trust (REIT) has also raised its dividend for 115 consecutive quarters. Its current monthly dividend is $0.271 per share, or $3.252 annually, with the stock trading around $
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Analysis indicates that Verizon (VZ) has a dividend yield of approximately 6% and has grown its dividend for 20 consecutive years, but investors should focus on its growth prospects and high debt.
Analysis suggests that Verizon's dividend remains attractive to investors seeking high income. The company saw a 16% year-over-year increase in free cash flow in the first half of 2026, with a 24.4% i
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JPMorgan CEO Jamie Dimon warns UK Chancellor John Healey that tougher bank taxes could harm jobs and investment
Dimon reportedly told Healey that heavier taxation could push employment to other locations, citing a fall in finance jobs in New York partly linked to the city's tax burden. He indicated that a windf
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US Social Security Sets 2026 Earnings Limit at $24,480 for Under-FRA Recipients, Withholding $1 for Every $2 Above Threshold
US Social Security recipients who are under full retirement age (FRA) will face an earnings limit of $24,480 in 2026. For every $2 earned above this threshold, $1 in benefits will be withheld. For tho
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Klarna Reports Second-Quarter Profit for Second Straight Quarter, Diversifying Beyond Buy-Now-Pay-Later Roots
Klarna Reports Second-Quarter Profit for Second Straight Quarter, Diversifying Beyond Buy-Now-Pay-Later Roots
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Analyst Patrick Sanders believes Google is a better AI advertising stock than Meta over the next five years.
An analysis article published in Yahoo Finance points out that although Google and Meta Platforms have both heavily invested in AI technology in their advertising businesses, analyst Patrick Sanders i
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OpenAI limits teens to dedicated ChatGPT version, promising more safeguards
The AI start-up overhauled its chatbot for young people following high-profile lawsuits.
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Pimco’s Stracke Says Wealth Managers Are Shying Away From Private Credit
Pimco's Stracke says wealth managers are shying away from private credit and stepping up their search for alternatives, as wealth managers continue to be affected by several major direct lending funds
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Bank of America's August survey shows investor bullishness near extreme levels, with 56% of fund managers overweight equities—the highest since November 2021, and cash allocations at 3.5%.
Bank of America's August survey shows investor bullishness near extreme levels, with 56% of fund managers overweight equities—the highest since November 2021, and cash allocations at 3.5%. The survey
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Financial Times reports AI phobia is becoming a new consensus in America, with Trump perceived as uncharacteristically unresponsive to voter fears over the technology.
Financial Times reports AI phobia is becoming a new consensus in America, with Trump perceived as uncharacteristically unresponsive to voter fears over the technology.
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Bank of America's August fund manager survey finds AI bubble is the biggest tail risk for markets (32% of investors), followed by a disorderly surge in bond yields (27%).
Bank of America's August fund manager survey finds AI bubble is the biggest tail risk for markets (32% of investors), followed by a disorderly surge in bond yields (27%).
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Bank of America's August survey shows fund managers' confidence in U.S. stocks rising, with a net 27% overweight, highest since December 2024.
Bank of America's August survey shows fund managers' confidence in U.S. stocks rising, with a net 27% overweight, highest since December 2024.
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India Seeks WTO Consultations With US Over White House Tariffs on Quartz Products
India has initiated a consultation process with the US at the World Trade Organization, challenging tariffs imposed by the White House on certain quartz products. This action adds another point of fri
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Bank of America's August survey showed that fund managers' bullish sentiment towards gold has increased, with a net 16% believing gold is undervalued, reaching a new high since March 2023.
Bank of America's August survey shows that fund managers' bullish sentiment towards gold has increased, with a net 16% of respondents believing gold is undervalued. This figure is a significant increa
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Bank of America's August survey shows 49% of investors expect global stagflation over next 12 months, up from 47% in July; optimism for stronger global growth fades to 14%
Bank of America's August survey shows 49% of investors expect global stagflation over next 12 months, up from 47% in July; optimism for stronger global growth fades to 14%
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Bank of America's August survey indicates Federal Reserve Chair Kevin Warsh is expected to strike a neutral tone at the Fed’s Jackson Hole meeting later this month.
However, the survey also shows 31% of respondents anticipate a hawkish message, signaling tighter monetary policy, while only 7% expect a dovish stance, pointing to limited expectations for a softer p
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Analysis: Palantir's Q2 U.S. commercial revenue surged 149%, significantly outpacing ServiceNow's 23% subscription growth
An analysis highlights that while both ServiceNow and Palantir sell AI SaaS platforms to governments and enterprises, their growth rates diverge significantly due to U.S. commercial revenue performanc
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The Motley Fool analysts recommend focusing on the Vanguard High Dividend Yield ETF (VYM).
Analysts point out that in the current market environment, technology and growth stocks are lagging, while small-cap, international, value, and dividend stocks are outperforming. Given that the future
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Curve founder Michael Egorov says FATF pressure could make DeFi safer and more decentralized
Curve founder Michael Egorov says FATF pressure could make DeFi safer and more decentralized
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