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Japan Tightens Permanent Residency Rules: Income Must Exceed Average Household Level
Japan’s Immigration Services Agency tightens permanent residency requirements, mandating applicants earn above average household income (5.75 million yen) and meet higher pension and Japanese language standards starting April 2027.
135% Upside, Says One Bank. So Why Did SpaceX Just Lose $500 Billion?
SpaceX stock has lost more than $500 billion in market value since its June 12, 2026 IPO. Shares priced at $135 have since traded as low as $104.83. Yet Morgan Stanley maintains a $300 price target, implying substantial upside from current levels. SpaceX now heads into its first-ever public earnings report on Tuesday, August 4,…
SoftBank (TYO: 9984) Faces AI Funding Test as Investors Focus on OpenAI Investment Strategy Ahead of Q1 Earnings
SoftBank Group Corp will report Q1 FY2026 earnings on August 6, 2026. Investors are closely watching how the company funds its massive OpenAI commitments. SoftBank’s share price has dropped nearly half since early June 2026. Analysts expect net profit of ¥148.4 billion for the April-June quarter. SoftBank Q1 Earnings Preview: What Analysts Expect Four analysts…
Rabobank to Invest €2 Billion in AI and Technology Over Three Years as Net Profit Remains Flat
On August 4, 2026, Rabobank announced plans to invest €2 billion in artificial intelligence, data, and technology over the next three years, even as its first-half net profit remained unchanged at €2.69 billion. The investment comes as large European banks continue to spend more on digital capabilities despite pressure on earnings. Rabobank wants to use…
Palantir (NASDAQ: PLTR) Soars 15% After Q2 Revenue Jumps 93% to $1.94B; Raises 2026 Outlook to $8.15B
On August 4, 2026, Palantir Technologies drew strong attention from Wall Street after releasing another impressive quarterly report. The AI software company reported Q2 revenue of $1.94 billion, a 93% increase from the same quarter last year, and raised its 2026 revenue forecast to $8.15 billion. The results pushed Palantir (NASDAQ: PLTR) shares up about…
Apple Restores Telegram to App Store After Guideline Breach; Developer Removed Violating Content and Banned User
Apple briefly removed Telegram from the App Store worldwide on Monday, August 3, 2026. The company said a routine review found content violating its guidelines against child sexual abuse material. Telegram acted quickly, removing the flagged content and banning the responsible user. Apple restored the messaging app within hours of the initial takedown. Apple’s Telegram…
Hughes Files Chapter 11 as $1.5B Debt Comes Due; DISH Faces Restructuring
Hughes Satellite Systems files Chapter 11 bankruptcy with $1.5B debt due. EchoStar subsidiary lost 59,000 broadband subscribers in Q2 as Starlink competition intensifies. DISH parent company restructuring continues.
BAE’s Brontanax Drone to Use US Engine After Rolls-Royce Dispute
BAE Systems’ Brontanax drone will use an American engine after a cost clash with Rolls-Royce. The decision undermines the ‘all-British’ fighter jet pitch but keeps the project affordable.
Warren Pickering Named One Nation Victorian Leader for November Election
One Nation names army veteran Warren Pickering as Victorian leader for November 2026 election. Pickering will contest the lower house seat of Pakenham, a Labor electorate with a 0.4% margin.