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Jensen Huang Predicts Six-Figure Trade Jobs as AI Data Centers Boom
Nvidia CEO Jensen Huang says AI data center construction will unlock six-figure jobs for electricians and plumbers. McKinsey estimates 520,000 new skilled trade positions needed in the U.S. by 2030.
Jio Financial Services Sets August 10 Record Date for Rs 0.60 Dividend
Jio Financial Services fixes August 10 as record date for Rs 0.60 per share final dividend for FY26. Shareholders must hold shares on this date to be eligible. AGM scheduled for August 26.
Japanese Yen Surges 3.3% on Coordinated US-Japan Intervention, August 01
Japanese yen surges 3.3% after coordinated intervention by US and Japan. Bank of Japan holds rates at 1% but signals faster hikes ahead. Currency hit 40-year low before rally.
Apple Pay Outage Hits 1,300 Users on July 31 as Wallet Services Fail
Apple Pay outage on July 31 left 1,300+ users unable to transfer money or make payments. Fund transfers accounted for 57% of complaints. Apple acknowledged the issue but provided no timeline for resolution.
FIFA’s $4.2B World Cup Sale Plan Sparks UEFA Boycott Threat on August 1
FIFA plans to sell a minority stake in a World Cup subsidiary for $4.2 billion, but UEFA threatens boycott. Senior FIFA advisor Carlos Cordeiro resigns in protest on July 31.
Aschenbrenner’s $24B AI Fund Implodes After Leverage Backfires on July 31
Situational Awareness hedge fund, founded by ex-OpenAI researcher Leopold Aschenbrenner, liquidated its $16 billion public portfolio after leverage amplified losses on AI stock bets. Citadel acquired the assets in under 24 hours.
WestJet Grounds 737s as Strike Deadline Hits Sunday Midnight
WestJet flight attendants’ 72-hour strike notice expires Sunday. Airline parks 737s and allows free rebooking through August 4 as contract talks continue over unpaid work.
IOC Launches 10kg Indane XtraLite Cylinder With 4-Hour Delivery on July 31
Indian Oil launches Indane XtraLite Now, a 10kg composite LPG cylinder with 4-hour express delivery. New LPG rules effective August 1 require e-KYC and limit PMUY subsidies to Rs 300 per cylinder for first four refills yearly.
Kioxia Profit Surges 31-Fold on AI Chip Boom; Stock Split Announced
Kioxia reports 46-fold Q1 profit jump to 842.2 billion yen on AI demand. Company forecasts 31-fold H1 profit to 2.1 trillion yen and announces 3-for-1 stock split effective October 1.