Alibaba’s $10.2 billion fundraising pressures Chinese tech stocks amid supply concerns
Alibaba just told the market it needs $10.2 billion for AI. The market responded by selling Chinese tech stocks.
The e-commerce and cloud computing giant announced plans to raise HK$80 billion (roughly US$10.2 billion) through new share placements, with every dollar earmarked for artificial intelligence infrastructure. The move landed alongside CCSH Corporation,
Read MoreBitcoin ETFs see biggest weekly inflow in 10 months during rally
BlackRock’s iShares Bitcoin Trust accounted for $1.3 billion of last week’s inflows
August 24, 2026 / 10:14 IST
It remains to be seen whether Bitcoin’s rally will translate into sustained demand and a new bull market
Spot Bitcoin exchange-traded funds had their strongest weekly inflow in 10 months last week as the original cryptocurrency surged.
» Read more about: Bitcoin ETFs see biggest weekly inflow in 10 months during rally »
Read MoreTrump administration predicts US trade war 'devastating' for Canada
WASHINGTON: The Trump administration on Sunday (Aug 23) warned that Canada would be “foolish” to think it could win a trade war with the United States, predicting a “devastating” impact on its northern neighbour.
Negotiations between Washington and Ottawa broke down late on Friday, putting into force new 50 per cent US tariffs impacting about US$20 billion worth of Canadian goods,
» Read more about: Trump administration predicts US trade war 'devastating' for Canada »
Read MoreYour Last Chance to Buy Nvidia Stock for Cheap in 2026 May Be Near
Key Points
-
Nvidia reports Q2 earnings on Wednesday, Aug. 26.
-
The stock is far cheaper than many companies it’s commonly compared to.
Nvidia(NASDAQ: NVDA) stock has been a disappointment for some investors in 2026.
» Read more about: Your Last Chance to Buy Nvidia Stock for Cheap in 2026 May Be Near »
Read MoreUS launches ‘economic onslaught’ to isolate Iran
The US has warned countries to cut ties with Iran or face new sanctions as it ramps up its economic warfare against Tehran.
The White House promised an “economic onslaught” on Monday aimed at economically isolating Iran, after Donald Trump pledged to launch an “economic D-Day” campaign to force a deal to end the war.
» Read more about: US launches ‘economic onslaught’ to isolate Iran »
Read MoreThe Burst
Alert: 61.9% Upside Ahead of Flu Season
Investment Alert: Buy Moderna (MRNA) Under $115/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
The global landscape shaped by the COVID-19 pandemic is gradually evolving.
» Read more about: Alert: 61.9% Upside Ahead of Flu Season »
Read MoreThe Ivy
Billionaire Scooping Up This Under-the-Radar Stock
Last quarter the third largest buy in one billionaire’s portfolio was Natera. If you haven’t heard of it don’t fret, most people haven’t.
The fact that the stock has largely flown under the radar is very much to your advantage, in fact. It means that potentially the word isn’t fully out yet and so the upside opportunity is still substantial.
» Read more about: Billionaire Scooping Up This Under-the-Radar Stock »
Read More