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Bill Ackman AI Capex Call: Why He Backs the Hyperscalers
Bill Ackman AI capex view: Pershing Square says Big Tech’s $740B spending is offensive, not defensive. Key numbers inside.
Shum Chun-ying, Hong Kong’s “Master Shum”, Dies at 65
Hong Kong stock commentator Shum Chun-ying, known to a generation of retail investors as “Master Shum”, has died at the age of 65. His younger sister, Shum Chun-shan, confirmed the news in an obituary issued on 25 October, a day after Shum Chun-ying collapsed on a street in Wan Chai and died at Ruttonjee Hospital….
Canada Pension Plan 2027 Increase: What to Expect
Canadian retirees are in line for a larger Canada Pension Plan 2027 increase than they received this year. The Canada Pension Plan 2027 increase is shaping up to beat the 2% bump paid in January 2026, according to early analyst estimates, and it arrives alongside a separate change that lowers contribution rates for workers. Here…
Cash App Settlement Payments Begin October 2026: Who Gets Up to $2,500
Cash App users with approved claims in a $15 million security settlement will receive payments in October 2026. Eligible claimants can get up to $2,500 for documented losses from 2018-2024 unauthorized access incidents.
Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs in 2026
Citigroup takes top spot in global IPO underwriting through September 2026, ahead of Goldman Sachs, after advising on SK Hynix $26.5B and SpaceX $86B listings.
Honda Elevate Facelift Launches October 6 with LED Redesign, 360-Camera
Honda Elevate facelift launches October 6 with new LED DRLs, repositioned badge, 360-camera, and lighter cabin. Pre-bookings open at Rs 21,000. Powertrain unchanged.
Philippines-Singapore Cable Restored After October 2 Outage
Philippines-Singapore submarine cable outage on October 2 disrupted internet for PLDT, Globe, and Converge users. The C2C cable was restored by October 3 after telcos rerouted 300Gbps of traffic.
Getty Images Avoids Default, Faces NYSE Delisting October 3
Getty Images avoids default with last-minute $51.6M bond payment but faces NYSE delisting. Stock down 99% since 2022 SPAC debut as AI competition pressures stock imagery business.
Central Government Employees May Get 65% DA Hike After August Inflation Data
Central government employees face a potential 65% dearness allowance hike after August inflation data released September 30. The AICPI-IW index jumped 1.2 points to 154.4, affecting 1 crore individuals across India.