BILLIONS TO TRILLIONS
Reports confirm former Nvidia CEO Jensen Huang's third affair. Can one CEO’s personal life bring down the economy?
In just weeks, Nvidia's market value plummeted by around $926 billion, triggering concerns among investors about the impact on retirement funds across the US. As the landscape for artificial intelligence investments grows hazy with Jensen Huang's exit from Nvidia, it will be crucial to see how the company navigates its future amid the ongoing AI boom.
AI debt hits $687 billion as Big Tech's funding appetite soars
Global debt associated with artificial intelligence has reached approximately USD 687 billion as of November 3. Major technology companies face additional financial commitments, including USD 1.7 trillion in lease obligations. Five hyperscalers, such as Alphabet and Amazon, have collectively issued USD 296 billion in debt this year. Investors are expected to become more selective regarding their exposure to AI-related companies and financial commitments.
Anthropic IPO prices shares at $78 ahead of November 19 debut: Can ANT stock become the next big AI investment amid Nvidia stock crash and Jensen Huang fallout?
Anthropic plans to list on the Nasdaq on November 19 under the ticker ANT, with shares priced between $70 and $78. The Claude maker plans to offer 825 million shares, potentially raising $64.4 billion. The IPO comes as Nvidia stock reels from a sharp sell-off amid the Jensen Huang fallout. Investors now have another major AI stock to watch, but Anthropic's high computing costs and financial risks remain.
US starts fiscal 2027 with record $404 billion budget deficit: Why customs revenue fell 39% despite Trump's new tariffs
US budget deficit surged to a record $404 billion in October, up 42% from a year earlier, as government spending climbed to $773 billion and customs revenue plunged 39%. The widening shortfall comes as the Trump administration faces tariff refund obligations, rising military and debt-interest costs, and a projected $2.2 trillion deficit for fiscal 2027.
Fall of a titan: A timeline of Nvidia CEO Jensen Huang’s steady rise and dizzying fall
Huang became the most prominent founding member of Nvidia, serving as CEO from the outset. He steered it through near-bankruptcy and turned the graphics-chip maker into arguably the biggest beneficiary of the AI boom.
- Go To Page 1
Japan warns defence contractors of potential cuts to military orders amid fiscal constraints: Report
Japan is facing potential deep cuts to its military spending as fiscal constraints limit future investments. Finance ministry officials propose allocating only 50 to 60 trillion yen for defence over five years. This proposal falls short of the desired 80 trillion yen advocated by some lawmakers and defense officials. The government's efforts to cut the sales tax on food could further hamper funding resources.
Valuation of top diaspora-led firms jumps 53 pc to USD 15 trillion on AI boom: Report
The valuation of top global companies led by the Indian diaspora has surged to USD 15 trillion. The sharp increase is largely attributed to the recent artificial intelligence boom in the market. Sundar Pichai, Satya Nadella, and Sanjay Mehrotra lead the ranking of these companies. A significant number of firms on the list are AI-driven or AI-integrated.
Another shock to Nvidia stock: What's happening to NVDA shares today as they crash 6% after yesterday's 9% plunge amid fresh Jensen Huang affair allegations? Nearly $2 trillion wiped out from October peak
Why is Nvidia stock falling again today? Nvidia faced a steep decline in its stock price following allegations about CEO Jensen Huang's personal conduct. Reports indicated Huang may be ousted by the board in response to these controversies. The company's market value has fallen by nearly $2 trillion from its October peak. Huang acknowledged previous infidelity, which has raised investor concerns about the company's leadership.
Sundar Pichai tops HSBC Hurun Global Indians List as Alphabet overtakes Microsoft
Sundar Pichai, the CEO of Alphabet, heads the HSBC Hurun Global Indians List 2026, marking a staggering company valuation of $4.2 trillion. Featuring 236 leaders of Indian descent, the collective value of these companies reaches an impressive $15 trillion. Noteworthy is the growth in artificial intelligence, boasting 18 companies valued at $227 billion.
Reliance plans Rs 43,000 cr coal gasification project in Andhra Pradesh, document shows
Reliance Industries is set to invest approximately 430 billion rupees in Andhra Pradesh for a coal gasification project. This project aims to create 5,000 direct and 35,000 indirect jobs, while attracting further investments over its lifetime. The first phase will involve exploration and pilot demonstrations to establish the project's feasibility. An additional investment of approximately 400 billion rupees will follow if the first phase proves successful.
Japanese investors sell foreign bonds for seventh time in eight weeks
Japanese investors sold 537.6 billion yen ($3.36 billion) in foreign long-term bonds for the seventh time in eight weeks, reflecting caution over US inflation and Federal Reserve rate expectations. They also withdrew from overseas equities. Meanwhile, foreign investors continued buying Japanese long-term bonds, marking their sixth consecutive week of net purchases.
South Korea's Lee says Samsung chip packaging expansion to spur $30 billion additional investment
Lee made the comment during a groundbreaking ceremony for part of theinvestment plans that Samsung affiliates announced in July.
India to switch bonds worth 250 billion rupees next week
On November 16, the Reserve Bank of India will initiate a significant switch auction worth 250 billion rupees. This maneuver involves replacing six bonds that are set to mature between 2027 and 2029 with longer-term securities extending to maturity in 2062. By doing so, the government seeks to optimize its debt repayment schedule. This follows a similar strategy of bond buyback and issuance enacted in October.
Is the AI wheel broken? Julius Baer flags 3 variables shaping AI investments ahead of Anthropic IPO
Anthropic’s proposed $1.4 trillion IPO valuation will put the economics of the AI industry under the spotlight. Julius Baer analysts identify three key variables investors should watch: demand growth, pricing power and computing costs. The listing could also establish a valuation benchmark for OpenAI’s expected 2027 IPO.
Anthropic IPO buzz: CFO Krishna Rao’s stake could be worth $703 million as AI firm eyes $1.4 trillion valuation
Anthropic CFO Krishna Rao's stake in the Claude chatbot maker could be worth approximately $703 million as the AI startup targets a $1.4 trillion valuation through its proposed IPO. The company plans to raise up to $90.4 billion through the public offering and a concurrent private placement.
China's rare earth export value surges 46.4% to $584.3 million despite decline in volumes
China's exports of rare earth ores and metals increased significantly in value during the January to October 2026 period. Despite the value increase, export volumes saw a decline of 8.7 percent in the same timeframe. China's export value for refined petroleum products also rose sharply, while quantities fell slightly during these months. In contrast, the export of fertilizers experienced a notable decline both in value and volume.
US household debt rises to $19.1 trillion in Q3, delinquencies edge higher: New York Fed
US household debt rises by $334 billion to $19.1 trillion in Q3, while troubled borrowing edges up to 5% of total debt, according to the New York Fed. Despite rising mortgage, auto and credit card delinquencies, overall credit quality remains relatively stable, with student loan defaults continuing to increase.
Anthropic targets $90 billion IPO at $1.4 trillion valuation
Anthropic PBC is preparing for an initial public offering aiming for a fully diluted valuation of $1.4 trillion. The company plans to raise up to $90.4 billion, including a private placement with major investors. It has reported a revenue run rate of $81 billion, showcasing significant growth in recent months. The IPO is scheduled to price on November 18 and begin trading the next day.
'Mobilising $1.3 trillion annually by 2035 to require overhaul of climate finance system'
Mobilising $1.3 trillion a year in climate finance for developing countries by 2035 is achievable, but only with a major overhaul of the global climate finance system, according to a report released by Brazil’s COP30 presidency at COP31 in Antalya. Without policy changes, annual flows are projected to reach only about $460 billion, leaving an $840 billion shortfall. The report says a combination of public and private funding, carbon markets and new taxes could raise $1.27-1.41 trillion annually by 2035. Private investment could contribute $882 billion, public sources $351-384 billion and carbon markets $40-144 billion.
Microsoft market cap beats Nvidia's for first time since June 2025
Microsoft overtook Nvidia as the world's most valuable company on Tuesday, as the chip giant's shares fell on uncertainty over the outlook for AI and an investigation into whether
Anthropic's potential mega IPO joins ranks of world's biggest stock market listings
Anthropic has kicked off its U.S. IPO roadshow, seeking to raise up to $64.4 billion by offering 825 million shares. This latest valuation stands at roughly $1.4 trillion, representing a drop from earlier estimations of $2 trillion. Notably, tech giants like Alphabet and Microsoft are set to invest $26 billion in a private placement.
Anthropic eyes $1.4 trillion valuation in blockbuster IPO, targets up to $90.4 billion in fundraising
Anthropic is targeting a fully diluted $1.4 trillion valuation through its proposed IPO, seeking up to $64.35 billion. Combined with a $26 billion private placement, fundraising could reach $90.4 billion amid rising infrastructure costs and competition.
Nvidia CEO Jensen Huang's $81 billion divorce bill to wife could dwarf Jeff Bezos' $35 billion settlement with MacKenzie Scott ? What we know
Nvidia CEO Jensen Huang's estimated $162.2 billion net worth has drawn attention amid reports of an affair with Alice Huang and a possible divorce. Under California's community property laws, his wife Lori Huang could potentially receive $81.1 billion, a figure that could surpass Jeff Bezos' $35 billion divorce settlement with MacKenzie Scott.
Adani Group to invest more than $120 billion in capex over five years: Report
The Adani Group is poised to infuse over $120 billion into capital projects within the next five years, predominantly channeling funds into the energy sector, transport, and logistics. With about 70% allocated to energy, and 20% to transport and logistics, this substantial investment aims to double the group's asset base and generate core earnings ranging from 2.6 to 3 trillion rupees.
Anthropic retracts details of $69 billion IPO filing sent to bankers. Why analysts are raising worries over valuations
Anthropic initially shared its IPO filing details but later retracted the information due to inaccuracies. The company aimed to sell approximately 867 million shares priced between $70 and $80 each. A follow-up email clarified that these pricing details were incorrect. Anthropic indicated that an updated filing would be provided later. The company has chosen not to provide further comments regarding the situation.
French Ardian raises over $1 billion to invest in semiconductor makers
Chips are central to AI advances, with governments increasingly backing homegrown companies to secure sovereign technology. The platform, named Ardian Semiconductor, will invest in companies across the whole chain of making computer chips.
Japan's Yen intervention hits record $50 billion in single day in July
Japan spent a record $50.36 billion in a single day in July to strengthen the yen, which had fallen to a 40-year low against the dollar. It conducted interventions worth $97.19 billion overall, including coordinated action with the US and South Korea, highlighting growing concerns over continued currency weakness.
Samsung set to become first South Korean company with $147 billion in cash assets
Samsung Electronics' cash assets are estimated to exceed 200 trillion won with strong demand for AI semiconductors. The company's cash increased significantly from the previous quarter, showcasing financial growth. Investments into chipmaking infrastructure are projected to reach over 100 trillion won this year, indicating continued growth in the sector. Samsung's net profit surged due to heightened demand for memory chips and AI-related products.
Load More
