NEWS & MEDIA
JUL8

2026

AI Costs Lead Westpac to Prod Staff Toward ‘Sensible’ Model Use

Westpac Banking Corp. is intensifying efforts to monitor artificial intelligence costs, as the Australian lender closely tracks AI tokens across the firm and routes simpler tasks to cheaper models.

JUL8

2026

Bain Capital Exits Kioxia After Chip Deal Yields Big Returns

Bain Capital has sold its entire stake in flash memory chipmaker Kioxia Holdings Corp., closing a chapter on a deal that’s transformed the Japanese tech and investment landscape.

JUL8

2026

Apple Supplier Luxshare to Trade After HK’s Biggest 2026 Listing

Apple Inc. supplier Luxshare Precision Industry Co. is set to begin trading in Hong Kong on Thursday after raising HK$24.3 billion ($3.1 billion) in the city’s biggest listing this year so far.

JUL8

2026

China to Let AI Firms Buy Nvidia H200s, Information Says

China plans to allow top artificial intelligence companies to buy a limited amount of H200 chips from Nvidia Corp., a sign the country is easing restrictions on the coveted US technology, according to the Information.

JUL8

2026

Nvidia Rival Positron Holds Talks to Raise Funds at $5 Billion Valuation

AI chip startup Positron is in talks to raise about $750 million in financing during a round with two phases, part of a groundswell of companies looking to compete with Nvidia Corp.

JUL8

2026

Blackstone’s QTS Markets Data Center-Backed Loan

A unit of Blackstone-backed QTS Realty Trust LLC is seeking to raise $2 billion to repay debt tied to US data centers and fund a distribution.

JUL8

2026

Gold Holds Decline as US Strikes on Iran Magnify Inflation Risks

Gold held a decline as a second day of US strikes against Iran drove energy prices higher and intensified concerns around inflation.

JUL8

2026

Oil Gains, US Stock Futures Drop on Iran Strikes: Markets Wrap

Oil gained and US equity-index futures slipped after the US said it struck Iran for a second straight day, stoking fears the conflict could disrupt shipping through the Strait of Hormuz.

JUL8

2026

Luxury Car Firm DuPont Registry Group to Pick Banks for IPO

DuPont Registry Group, a luxury car marketplace and media company, has picked banks for a US initial public offering, according to people familiar with the matter.

JUL8

2026

Oil Extends Surge as Fresh US Strikes Against Iran Rattle Market

Oil extended a powerful surge as the US struck targets in Iran for a second day, raising risks for energy supplies from the region.