Bank of America agreed to buy up to a 49.9% stake in Indian digital lender Jio Credit for $1.9 billion to expand in India.
The yen dropped 0.9% to 159.29 per dollar, its biggest weekly loss in a month, fueling trader bets on fresh BOJ rate hikes or official buying.
A filing shows Elon Musk holds a 48.4% stake and >82% voting power in SpaceX, valuing his position at over $900 billion.
Microsoft was once committed to deep integration within China's domestic ecosystem, rising geopolitical friction, U.S. export controls, and Beijing's aggressive push toward domestic software have prompted a strategic retreat.
India's July WPI rose 9.78% YoY, easing from June's 9.87% and below the 9.95% forecast, showing a slight cooling in wholesale price inflation.
Cleveland Fed President Beth Hammack says interest rates must rise immediately to curb business expansion and bring >3% inflation to 2%.
Microsoft integrated S&P Global financial data into Microsoft 365 Copilot to streamline company research, peer benchmarking, and financial analysis in Excel.
Bank of America will deploy $250B by July 2027 to finance U.S. digital, energy, and transportation projects, tapping into growing demand for AI data centers.
Japan's July producer price index rose 7.2% year-on-year, driven by high metal prices and weak yen costs, strengthening bets for a BOJ rate hike in September.
Starbucks Korea operator SCK Company swung to a $13.4M operating loss in Q2 after a controversial campaign and canceled summer promotion hit sales.
Maersk beat Q2 forecasts with $3B EBITDA and raised its full-year outlook as Middle East disruptions and strong demand drove freight rates higher.
The IEA cut its 2026 global oil supply forecast to 102.02M bpd (down 4.3M bpd) as ongoing Strait of Hormuz closures plunge markets deeper into deficit.
GM set up a $4.5B purchasing facility with Procura to stockpile critical auto parts and avoid future supply chain disruptions.
Ryanair is deploying Google Cloud enterprise tools and generative AI models across its 35,000-person workforce. By adopting a dual-cloud framework that pairs Google with its existing Amazon Web Services setup, the airline aims to eliminate single points of failure, boost network resilience, and support its long-term strategy to handle 300 million passengers annually by 2034. The partnership centers on utilizing Google
Norway's $2.3T sovereign wealth fund posted a record $184.3B profit in H1 2026, driven by Asian tech stocks and a $1.22B SpaceX stake.
CoreWeave lifted its 2026 capex forecast to $35B–$39B and beat Q2 estimates on soaring AI cloud demand, sending its shares up 14% after hours.
Google has appointed Koray Kavukcuoglu as Senior Vice President of Google DeepMind reporting directly to CEO Sundar Pichai while co-founder Demis Hassabis transitions to Chair, shifting the organization's focus from academic research to rapid product execution as it races to close the AI performance gap with OpenAI and Anthropic.
CoreWeave reported $2.58 billion in Q2 2026 revenue, a 112% increase year-over-year compared to $1.21 billion in Q2 2025.
Dutch bank ABN Amro raised its annual NII guidance to €6.8B following a Q2 beat, driven by higher interest rates and resilient consumer spending.
Intel raised $20 billion through an upsized share offering at $95/share to fund its contract manufacturing expansion and AI chip demand.
Tesla faces long odds getting Beijing's approval for FSD in China as new L3/L4 autonomous driving standards and data rules pose key hurdles.
Mortgage applications at Westpac fell 20% after Australia cut property tax breaks. Investor credit growth is expected to halve by 2027.
Jeff Bezos's group is near a deal for a 1/3 stake in Liverpool FC at a £4.4B valuation. FSG will retain majority control.
Microsoft plans to reveal its Maia 300 AI chip in September and buy 300,000+ units from TSMC by 2027 to cut Nvidia reliance.