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SoftBank in talks for $5B loan backed by Arm Stake to fund AI push
SoftBank Group Corp. is in advanced talks to secure a $5 billion loan from international banks, signaling the Japanese investment giant’s efforts to ease financial constraints around its nearly $100 b...
Japan bond markets react to Takaichi Sanae’s stimulus push
Japan’s government bond market is being hit with its biggest test in decades after Takaichi Sanae secured the leadership of the ruling Liberal Democratic Party on Saturday, according to data and comme...
Data center deals stall in India as US tech firms pause leases
Major American technology firms are putting the brakes on plans to rent massive data centers in India as relations between Washington and New Delhi hit rough waters over trade disagreements. Big Tech ...
U.S. tech giants reached $20.8 trillion market cap, surpassing the EU’s $19.4 trillion GDP milestone
The Magnificent 7 collectively reached a combined market capitalization of $20.8 trillion, surpassing the EU’s GDP of $19.4 trillion. The GDP of the European Union stood at USD 19.42 trillion in 2024 ...
Perplexity chief says Comet can cut hiring needs
According to Perplexity AI CEO Aravind Srinivas, Comet has the potential to streamline workflows to the point where firms can avoid hiring additional employees. He remarked, “Instead of hiring one mor...
Goldman Sachs CEO warns of a possible 20% market correction driven by the AI-related speculative nature
Amazon founder and Goldman Sachs CEO have warned that Wall Street’s artificial intelligence boom is showing signs of a bubble. Both leaders spoke today at the Italian Techweek, warning investors to be...
The S&P 500 is nearing dot-com era valuations, but strategists argue it's the new normal
The S&P 500 is now trading near levels it hasn’t touched since the dot-com bubble, and Wall Street isn’t running scared, but adjusting. According to Yahoo Finance, strategists across the board are now...
South Korea shelves capital gains tax reform after investor revolt
South Korea has abandoned the capital gains tax plan, reducing it from 5 billion won to 1 billion won after facing a backlash from retail investors. Some lawmakers also warned that the plan would risk...
Blockchain firm Figure has raised $787.5 million in a U.S. initial public offering
On Wednesday, the blockchain-focused financial services company Figure raised $787.5 million in a U.S. initial public offering. The IPO valued the New York-based company at $5.29 billion from the sale...
Fed Rate Cut: Goldman Sachs Unveils Crucial September Prediction
BitcoinWorld Fed Rate Cut: Goldman Sachs Unveils Crucial September Prediction The financial world is buzzing with a potent forecast from a major player. Goldman Sachs has just unveiled a significant p...
Goldman’s tech summit swirls with talk of record 2025 deals
Tech CEOs, investors, analysts, and even bankers descending on San Francisco this week for one of the industry’s biggest gatherings are buzzing about the possibility that 2025 could become a record ye...
Goldman Sachs is buying a $1 billion, 3.5% stake in T. Rowe Price to push private assets into retirement accounts
Goldman Sachs is putting down up to $1 billion for a 3.5% stake in asset manager T. Rowe Price, the firm confirmed Thursday, according to Yahoo Finance. The goal is to flood the retirement market with...