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China’s Q3 GDP Growth Accelerates to 4.5% as Export Boom Offsets Property Slump
China GDP growth quickened in the third quarter of 2026, accelerating to 4.5% year over year as a record-breaking export surge more than offset a deepening property slump and sluggish domestic consumption. The print beat the 4.4% pace economists had pencilled in and marked a clear rebound from the 4.3% reading in the second quarter…
Accenture Capped Claude Spending at $29 a Month. Some Employees Were Spending $1,000.
The irony writes itself: the consulting giant telling the world’s biggest companies to invest heavily in AI has just slapped a $29-a-month budget on its own employees’ AI use. Accenture told staff it will centrally fund only $29 per person per month for Claude, Anthropic’s AI model, after discovering some employees were burning through $1,000…
Stock Market Crash Fears: The “Invisible” Sell-Off Beneath Record Highs
Searches for a stock market crash are surging across Australia this week, up more than 1,000% on Google Trends. But the crash experts are describing is not the one on the evening news. Headline indices are sitting near record highs, while the average stock is quietly losing value. Australian finance commentator Alec Renehan calls it…
Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…
Google Launches Gemini 4 Argon AI Model; GOOGL Slides 0.6% on October 9
Google launches Gemini 4 Argon frontier AI model and Gemini agent for enterprise work. GOOGL stock down 0.6% as AI competition heats up. Pricing starts at $2 per million input tokens.
OpenAI Revenue Miss Triggers $2.7T AI Selloff on October 9
OpenAI’s $50 billion revenue disclosure, $20 billion below expectations, triggered a sharp selloff in AI stocks. Nvidia fell 3%, Oracle 6%, CoreWeave 8% on October 8.
Sheng Siong’s Facial Recognition Catches Shoplifter After 12 Thefts, October 9
Sheng Siong’s facial recognition system identified a 45-year-old woman who stole groceries worth S$90 across 12 visits. She was sentenced to one week in jail on October 8, 2026.
Arthur Hayes Warns AI Boom Will Waste Trillions, Predicts Crypto Rally by 2028
Arthur Hayes predicts AI data-center overbuilding will lead to a market crash and bailout by late 2027 or 2028, positioning Bitcoin to benefit from excess liquidity.
AMD Jumps 3% to $649.42 as Meta Muse Drives CPU Renaissance
AMD stock hits fresh high at $649.42 as Meta Muse AI agent adoption drives CPU demand. Citi upgrades AMD price target, projecting CPU market to expand from $29B in 2025 to $300B by 2030.