AI Startup Periodic Labs Nears US$7 Billion Valuation in Funding Talks
San Francisco, 25 March 2026 – Artificial intelligence startup Periodic Labs is in discussions to raise fresh funding at a valuation of about US$7 billion, marking a dramatic…
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Starbucks Shares Falter as Turnaround Efforts Under Former Chipotle CEO Face Investor Scrutiny
New York, 25 March 2026 – Starbucks shares came under pressure as investors reassessed the pace and effectiveness of the company’s turnaround strategy under its new leadership, led…
American Express Defends AI Strategy After Stock Volatility Shakes Investor Confidence
New York, 25 March 2026 – American Express has moved to reassure investors over its artificial intelligence strategy following a sharp bout of market volatility that triggered a…
Meta Targets US$9 Trillion Valuation with Aggressive Executive Incentive Plan
Menlo Park, 25 March 2026 – Meta Platforms is aiming for an extraordinary leap in valuation, unveiling a new executive compensation programme tied to a bold target of…
China’s US$1.6 Trillion Sovereign Fund Rekindles Ties With US Money Managers
BEIJING/NEW YORK, 24 March 2026 – China’s sovereign wealth giant, China Investment Corporation (CIC), is exploring renewed investments with major US asset managers, signalling a tentative thaw in…
HSBC Names First Chief AI Officer as Banking Enters Automation Era
LONDON, 23 March 2026 – HSBC has appointed David Rice as its first-ever Chief AI Officer, marking a pivotal step in the bank’s transformation strategy as it accelerates…
Nasdaq’s Crypto Ambition: Rewiring Wall Street’s Market Plumbing for a Tokenised Future
NEW YORK, 23 March 2026 – In a move that signals a structural shift in global capital markets, Nasdaq is accelerating efforts to embed cryptocurrency technology into the…
Traders Turn to AI as Iran Conflict Overwhelms Global Markets
LONDON, 23 March 2026 – As geopolitical tensions surrounding the Iran conflict flood markets with rapid-fire developments, traders are increasingly turning to artificial intelligence tools to keep pace,…
Wall Street Slides as Fed Holds Rates, Oil Shock and Inflation Risks Rattle Markets
NEW YORK, 19 March 2026 – Wall Street retreated sharply overnight, with major US equity benchmarks closing at multi-month lows after the Federal Reserve kept interest rates unchanged…