Author: http://wealthcreation.club

http://wealthcreation.club—We are educating regular people about how to be able to make more money in a disciplined way

SpaceX’s Bigger Float Could Trigger $15.5 Billion Nasdaq 100 Buying Spree

http://wealthcreation.clubLeave a comment
‼️ 🚀 SpaceX (SPCX) could see strong demand from index-tracking funds after more than 1 billion shares were released from post-IPO restrictions, lifting its public float to nearly 30% from under 10%. Although the $2 trillion-plus company ranks sixth in market value, its Nasdaq 100 weighting is only about 1.25% because Nasdaq caps the influence of firms with limited publicly tradable stock. J.P. Morgan estimates SpaceX’s weight could rise to 2.25% at the quarterly rebalance, triggering roughly $15.5 billion of net passive-fund buying. The changes will be announced Friday and take effect Sept. 21.

AstraZeneca’s Tozorakimab Clears Key COPD Trials, Bolstering $5 Billion Sales Ambitions

http://wealthcreation.clubLeave a comment
‼️ 🇬🇧 AstraZeneca released full results from two successful late-stage trials of tozorakimab, an experimental therapy for chronic obstructive pulmonary disease (COPD), reinforcing expectations that it could become a breakthrough treatment and achieve peak annual sales exceeding $5 billion. The data showed the drug significantly reduced flare-ups across a broad range of patients, strengthening the case for its potential as a leading COPD therapy.

Singapore Backs SIA’s Global Push—Even Into Turbulent Skies

http://wealthcreation.clubLeave a comment
‼️ ✈️ 🇸🇬 Singapore’s government supports Singapore Airlines’ overseas investments, including financial backing for loss-making Air India, as it seeks to build a stronger global presence. Transport Minister Jeffrey Siow said competing internationally requires entering difficult markets, challenging established players and staying committed through periods of turbulence.

OpenAI Anchors Firmus’ Malaysia AI Buildout, Lifting Contracted Capacity Above 900 MW

http://wealthcreation.clubLeave a comment
‼️ 🧠 🇦🇺 Australia-based AI infrastructure firm Firmus Technologies has signed a multi-year deal to provide OpenAI with dedicated computing capacity from two Malaysian data centers, making the ChatGPT creator an anchor customer. The agreement pushes Nvidia-backed Firmus’ total contracted capacity above 900 MW, as it expands beyond its operating sites in Australia and Singapore with five additional Asia-Pacific facilities under development. Its investors include Nvidia, Jane Street, Blackstone funds, and Coatue Management

Canada Hits Back: 15–50% Retaliatory Tariffs Target U.S. Swing States to Force Trump Back to the Table

http://wealthcreation.clubLeave a comment
‼️ 🇨🇦 On Tuesday, Canada imposed retaliatory tariffs of 15% to 50% on hundreds of U.S. products, a move Prime Minister Mark Carney is using to strengthen Ottawa’s negotiating position with Washington amid escalating trade tensions with President Donald Trump. The duties target U.S. exporters in politically sensitive swing states such as Michigan and Ohio ahead of November’s midterm elections, aiming to make the economic cost of the trade war tangible for American businesses and consumers and thereby pressure Washington to return to negotiations.

Foreign Investors Ditch Treasurys for Record U.S. Equity Bets

http://wealthcreation.clubLeave a comment
‼️ Overseas investors are making a historic pivot from U.S. Treasurys to equities, as foreign ownership of government debt has fallen from more than 50% at its peak to about 30% today. By contrast, foreign holdings of U.S. stocks have reached record highs, with the country attracting a record $600 billion in net equity inflows in the year through March 2026.