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News
Peter Schiff Says Hitching Bitcoin to Artificial Intelligence Wagon is a Mistake: AI Isn't 'Bullish' for BTC, It's a 'Th…
7+ hour, 2+ min ago (468+ words) Economist Peter Schiff said on Sunday that AI is a threat to Bitcoin (CRYPTO: BTC), rather than serving as a positive catalyst for the cryptocurrency. In an X post, Schiff called out what he saw as attempts by “Bitcoin pumpers…...
NYSE Stocks for Singapore Investors: A Complete Guide
1+ hour, 15+ min ago (762+ words) Singapore investors can access NYSE-listed stocks through MAS-licensed brokerages. Learn the step-by-step process, trading hours in Singapore Time, and key tax considerations. TL;DR: Singapore investors can access NYSE-listed stocks through Monetary Authority of Singapore (MAS)-licensed online brokerages with…...
A New SEC Filing Reveals Exactly How Many Shares of SpaceX Elon Musk Owns. Here's Why It Matters.
3+ hour, 49+ min ago (402+ words) The Space Exploration Technologies (SPCX +2.22%) IPO officially made Elon Musk a trillionaire. The SpaceX founder owns a substantial stake in the business, as well as a good chunk of the other trillion-dollar company he runs, Tesla (TSLA +5.14%). The two stock…...
Nvidia Is Coming for OpenAI and DeepSeek With $6 Billion Poolside Deal to Build a Powerful Open-Weight AI Model: Report
6+ hour, 39+ min ago (338+ words) Nvidia Corp (NASDAQ:NVDA) is making an aggressive push into AI models, striking a multibillion-dollar deal with Poolside to develop a powerful open-weight system aimed at rivals including OpenAI, Anthropic, DeepSeek and Kimi. Nvidia will pay $6 billion to license Poolside’s…...
US-Canada Trade Talks Collapse; Both Sides Announce Retaliatory Tariffs
9+ hour, 44+ min ago (224+ words) US-Canada trade talks collapsed, triggering retaliatory tariffs. The US imposed new 50% tariffs on approximately $20 billion of Canadian goods, including wine and dairy. In response, Canadian Prime Minister Mark Carney announced tariffs on US steel, dairy, appliances, and electronics starting September…...
UPS Stopped Carrying 2 Million Amazon Packages a Day. Amazon Still Has to Move Them.
10+ hour, 18+ min ago (652+ words) UPS (UPS -0.56%) spent 18 months deliberately shrinking its relationship with its biggest customer, and on July 28 it declared the job finished. In the earnings release, CEO Carol Tomé thanked employees for having "successfully completed our Amazon glide down and related network…...
SG Morning Brief｜STI Holds Near Record as Nvidia, PCE Loom
10+ hour, 53+ min ago (250+ words) The Straits Times Index closed 0.3% higher at 5,688.96 on Friday, led by the three local banks. US stocks rebounded into the weekend but booked weekly losses as Treasury yields stayed elevated. This week's focus shifts to Nvidia earnings and July PCE…...
Stocks to watch: Mapletree Industrial Trust, OUE, OUE Healthcare
10+ hour, 33+ min ago (214+ words) Longbridge [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Aug 24): Mapletree Industrial Trust: The chief executive of the manager, Lily Ler, is stepping down from her position to become group chief financial…...
Trump lashes out at Canada after Carney suspends trade negotiations
1+ day, 3+ hour ago (436+ words) President Donald Trump lashed out at Canada early Sunday in his first public comments since trade negotiations between the two countries collapsed, accusing Ottawa of wanting the "benefits of being a State, without being one." "Canada wants the benefits of…...
Amazon's Free Cash Flow Went Negative by $7.6 Billion Even as Operating Cash Flow Rose 33%. Here's the Gap AI Capex Is A…
19+ hour, 54+ min ago (232+ words) Artificial intelligence (AI) has changed the cash flow story. Over the past 12 months, Amazon generated around $161.4 billion in cash, up 33% year over year, but spent $169 billion, meaning the company spent around $7.6 billion more in cash than its business generated. Those…...