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Trip.com Q2 Earnings: Antitrust Fine vs. Slowing Growth
Trip.com's Q2 results face a revenue growth slowdown to 3-8% and a RMB5.3 billion antitrust penalty. Investors must separate one-time charges from lasting operational changes.
SoftBank Tumbles 11% as OpenAI IPO Delay Strains AI Bets
SoftBank Group shares dropped 11.4% after OpenAI confirmed it won't list in 2026, raising questions about the $10 billion payment due in October and the valuation of its AI bet.
Canada's C$1T Investment Summit: Carney Unveils 167-Project Pitchbook
Canada's investment summit kicks off with a 167-project pitchbook and a C$1 trillion goal, but investors should view the figure as a target, not committed capital.
OpenAI Delays IPO to 2026 as AI Safety Concerns Mount
OpenAI will not go public in 2026, CEO Sam Altman confirmed, as he joined Anthropic's CEO in advocating for a more cautious approach to AI development.
GM Engine Remedy Under NHTSA Scrutiny Across Nearly 1M Trucks
Federal regulators are investigating whether GM's remedy for failing 6.2L V8 engines worked, covering nearly 1 million vehicles and raising warranty cost concerns.
ASX 200 Flat After Early Gains Fade; Miners Drag, Oil Climbs
The ASX 200 gave up early gains to close nearly flat as surging oil prices and weakness in mining shares offset strength in retail and healthcare.
Nvidia's 70% Growth Target: Supply Ambition, Not Official Forecast
Jensen Huang's 70% growth target is a supply-side ambition, not a formal forecast, with Nvidia's huge commitments and valuation at stake.
Whyalla Steelworks Ends Blast Furnace Revival, 500 Jobs Cut Amid Sale
Administrators permanently shut Whyalla's blast furnace, eliminating 500 jobs. Sale to Jindal or M Resources proceeds with government backing.
Healthscope Lender Backing Unlocks Hospital Transfers, Boosting HealthCo REIT
Healthscope's lenders have approved the transfer of operations at 10 hospitals, removing a major uncertainty for HealthCo Healthcare & Wellness REIT. Units rose 3.9% on the news.
iOS 27 Launch Set for Sept. 14, But AI Features Limited to Newer iPhones
Apple releases iOS 27 on Sept. 14, but advanced AI features like Siri AI are exclusive to iPhone 15 Pro and newer models, potentially driving upgrades and services revenue.
SoFi's Stadium Deal: Brand Exposure, Not Real Estate
SoFi Stadium's NFL opener boosts brand visibility for SoFi Technologies, but the fintech only holds naming rights, not the venue. The $616.5M deal is an advertising investment.
NYT Holds 15M Subscriber Target as Video Push Lifts Costs
New York Times keeps 15M subscriber target by 2027 while investing in video; Q2 digital subs reach 12.8M, revenue rises 11.2%.