SoftBank’s Son Eyes $50 Billion Malaysia AI Investment, Report Says
Masayoshi Son is reportedly behind a proposed $50 billion Malaysia AI investment, while SoftBank’s confirmed Sarawak agreement remains exploratory.
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Latest News
SpaceX Closes $40 Billion AI Chip Debt Deal, Musk Says
Elon Musk says SpaceX has closed $40 billion in financing for AI chips arriving in early 2027, as SPCX investors weigh borrowing costs and rapid expansion.
Apple Stock in Focus as Touchscreen MacBook Pro Follows iPhone Duo Launch
Apple is expected to unveil a touchscreen OLED MacBook Pro on October 28, adding another premium hardware catalyst after iPhone Duo’s retail launch.
Morgan Stanley’s Wilson Sees Stock Correction Nearing Its End
Mike Wilson expects a stronger finish to 2026 after weeks of turbulence, with market breadth, AI financing and corporate earnings central to his outlook.
Brazil ETF Plunges 26% After Lula’s Surprise Reelection
Brazil’s EWZ ETF falls 26% in U.S. premarket trading after Lula wins reelection, as investors await the domestic market opening and a legal challenge.
Musk Warns AI Credit Squeeze Could Force Neocloud Failures
Elon Musk warns of failures among specialist AI cloud providers as lenders pull back, while recent financing disclosures show a more selective credit market.
Alphabet, Microsoft and Amazon Earnings Put AI Spending Under Scrutiny
Alphabet, Microsoft and Amazon report this week as investors weigh cloud growth, AI spending and cash flow alongside the Federal Reserve’s rate decision.
Audi Plans $4 Billion Georgia Factory as Volkswagen Seeks US Growth
Audi plans a $4 billion Georgia SUV factory with 4,500 jobs and full production in 2031, while Volkswagen’s corporate approval remains outstanding.
How AI Is Creating New Income Opportunities for Workers and Entrepreneurs
AI skills and faster business workflows are creating income opportunities, but productivity gains and startup revenue are different from personal wealth.
GMO Cloud Hack Hits FX Traders as Company Promises Compensation
GMO promises compensation after a cloud-service hack exposes FX trading accounts, as its CEO admits security warnings were addressed too slowly.
Booz Allen Raises Earnings Outlook Despite Revenue Decline
Booz Allen raises its fiscal 2027 adjusted earnings outlook after stronger quarterly profit, while revenue falls and cash flow remains below last year’s level.
SLB Revenue Rises to $9.45 Billion as Data Center Business Expands
SLB reports higher third-quarter revenue and $828 million in free cash flow as oilfield activity improves, while its data center business adds a separate growth driver.