Category: Uncategorized

Hormuz Hold-Up: Iran’s New Ban

http://wealthcreation.clubLeave a comment
‼️ Iran plans to ban U.S. and Israeli ships from the Strait of Hormuz and demand compensation from hostile nations before allowing passage—a key condition for reopening the strait and restoring energy flows. How broadly Iran will enforce the ban remains unclear, but Trump is unlikely to accept such terms after claiming U.S. forces effectively defeated Iran. The agreement is now under review in Iran’s parliament.

Alphabet’s $25B Bond Sale Draws $115B in Demand, Signaling Tech-AI Debt Rebound

http://wealthcreation.clubLeave a comment
‼️ Alphabet sold $25 billion of investment-grade bonds, drawing about $115 billion in peak demand—one of the year’s largest AI-related debt order books, behind Oracle’s $129 billion (February) and Amazon’s $126 billion (March). The strong reception marks a sentiment rebound after last month’s tech-bond selloff driven by heavy issuance and AI-spend concerns. Alphabet also signaled it plans to issue U.S. debt twice a year.

DeepSeek Reignites $8B Raise at $74B Valuation as V4 Flash Sparks “Death Zone” for Rivals

http://wealthcreation.clubLeave a comment
‼️ 🧠 DeepSeek has reopened its second funding round, targeting nearly $8 billion at a ~$74 billion (500 billion yuan) valuation, with Monolith Management in talks to invest. The push follows its V4 Flash model, which reset the cost–performance curve and sparked talk of a “DeepSeek death zone” for rivals offering less at similar prices or the same performance at higher cost.

OpenAI’s Doughnut-Shaped Smart Speaker to Hit Homes in 2027 as an AI‑First, All‑Day Voice Computer

http://wealthcreation.clubLeave a comment
‼️ OpenAI’s 2027 smart speaker—shaped like a doughnut and roughly hockey-puck sized—is designed for one‑handed portability and positioned as an AI‑first home computer. It will run advanced voice models (beyond ChatGPT’s app voice mode) to enable more humanlike, all‑day interactivity and help users get things done

OCBC Q2 Profit Soars 22% to S$2.22B, Smashing Estimates as Non-Interest Income Surges 51%

http://wealthcreation.clubLeave a comment
‼️ BREAKING: OCBC (SGX:OCBC) clocked a stronger-than-expected jump in its second quarter net profit on Friday. Net profit for the three months to June 30 rose 22% year-on-year to S$2.22 billion ($1.73 billion). The print was higher than Bloomberg estimates of S$1.95 billion. Net interest income fell 1% year-on-year to S$2.26 billion. But non-interest income surged 51% year-on-year to S$1.91 billion. Fees and commissions, trading income, and insurance-related income all rose sharply in the quarter. OCBC declared an interim dividend of 47 cents per share, up from 41 cents a year ago