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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 2027 COLA Set at 3.9%: What $78 More Monthly Means for 70M Beneficiaries
Social Security beneficiaries will receive a 3.9% COLA increase in 2027, boosting a $2,000 monthly check to $2,078. The adjustment reflects higher inflation but strains the program’s finances ahead of a projected 2032 trust fund depletion.
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…
Bank of Baroda Share Price Slips After Q1 Results as Brokerages Cut Targets
Bank of Baroda Share Price Slips After Q1 Results as Brokerages Cut Targets Bank of Baroda share price slipped nearly 1% on Monday, extending pressure from Q1 results. The public sector bank reported a 72% year-on-year drop in net profit. Bank of Baroda posted consolidated net profit of ₹1,278 crore for Q1 FY27. A one-time…
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…
IDFC First Bank Share Price Surges 9% After Q1 Results: Is It Still a Buy?
IDFC First Bank shares surged as much as 10% on Monday, July 27, 2026. The rally followed a blockbuster Q1 FY27 report announced over the weekend. Net profit jumped 132.4% year-on-year to ₹1,075 crore, crossing the ₹1,000 crore mark for the first time. Multiple brokerages upgraded the stock following the results, fueling investor optimism. IDFC…
Daniel Grollo Bankrupt After Grocon’s $104M Collapse: What Happens Next
Former Grocon CEO Daniel Grollo declared bankrupt after $104M corporate collapse. His Manhattan penthouse forfeited. Settlement with NSW reached in 2024 but insufficient to cover debts.
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.
Malaysia Hosts Bahrain F1 Grand Prix October 2-4 as Middle East Tensions Force Calendar Reshuffle
Malaysia will host the Bahrain Grand Prix at Sepang from October 2-4, 2026, in a calendar reshuffle driven by Middle East security concerns. Bahrain is funding the race despite hosting it remotely.