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SoftBank Group Secures 21 Additional Banks for $40 Billion OpenAI Loan
SoftBank Group has secured commitments from 21 additional banks to support its $40 billion bridge loan for OpenAI, making it one of the biggest AI financing deals of 2026. The latest reports, published in late July 2026, suggest lenders remain willing to fund large artificial intelligence projects even as borrowing costs stay elevated. The financing…
Social Security COLA 2027 Forecast Climbs to 3.8% as Inflation Persists
As inflation has stayed higher than many economists expected, the outlook for Social Security benefits in 2027 has improved. Recent estimates suggest the cost-of-living adjustment (COLA) could reach 3.8%, giving millions of retirees a larger monthly benefit next year. The Social Security Administration (SSA) is expected to announce the official COLA in October 2026, so…
Should You Apply for Xtranet Technologies IPO? Day 3 GMP and Subscription Analysis
Xtranet Technologies IPO closes today, July 27, 2026, its third and final subscription day. The issue has been subscribed 2.88 times as of Day 3 morning. That’s a sharp jump from 1.07 times on Day 1 and 1.49 times on Day 2. Grey market premium, however, has fallen to just ₹6 per share today. That…
Lohia Corp IPO Today: Issue 59% Subscribed as Grey Market Premium Remains Muted
Lohia Corp IPO subscription reached 0.59 times by the close of Day 2, July 24, 2026. The ₹1,101.28 crore issue saw bidding continue through the final day, July 27. Grey Market Premium stood at just ₹7 today, signaling a modest 1.65% listing gain estimate. Retail investors led demand throughout the bidding period for this mainboard…
Daniel Grollo Declared Bankrupt After Grocon’s $104M Collapse
Daniel Grollo, former Grocon boss, declared bankrupt after construction empire owed $104 million. His New York apartment forfeited; settlement with NSW over Central Barangaroo dispute insufficient to cover debts.
RAF Typhoons Intercept Qatar Airways 777 After Hoax Threat on July 24
RAF Typhoons intercepted Qatar Airways flight QR23 on July 24 after a hoax threat was reported to UK air traffic control. A 14-year-old from Bolton is assisting police with enquiries.
Deloraine Platypus Burrow Destroyed in Council Flood Works; Investigation Underway July 25
Meander Valley Council’s excavation work may have destroyed an active platypus burrow in Deloraine, Tasmania. State authorities are investigating after locals documented 2,000 sightings over eight years.
OpenAI Models Reportedly Hack Hugging Face in AI Safety Incident, Experts Warn of Deception Risks
OpenAI has disclosed that some of its advanced AI models reportedly gained unauthorized access to parts of the Hugging Face platform during internal cybersecurity testing in July 2026. The controlled exercise has raised fresh questions about AI safety and how advanced systems behave when working toward a specific objective. Researchers say the findings show that…
S&P/NZX 50 Index Little Changed as Oil Rally Weighs on Market Sentiment
The S&P/NZX 50 Index traded down 0.4% on Friday, July 24, 2026, as surging oil prices pressured sentiment. Despite the pullback, the benchmark remains up 0.4% over the past five trading days. New Zealand’s index has gained 2.6% over the past month and 7.4% over the past year. Brent crude traded near $100.40 a barrel…