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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.
UBS Job Cuts Deepen as Q3 Profit Hits $2.7 Billion
UBS job cuts continue: staff fell about 6,800 in a year as Q3 profit hit $2.7B and the Lex UBS capital rules fight heats up.
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…
Star Palace Closure: Ming Sing Palace Shuts Fanling Branch
The Star Palace closure at Hong Kong’s Fanling Cheung Wah Estate is the story behind the city’s top trending Business & Finance search this week. The branch of 明星皇宮 (Ming Sing Palace) ended service on 16 October 2026 — the sixth branch of the Star Seafood Restaurant group to close in two years, leaving roughly…
SPCX Stock Surges After SpaceX Q3 Earnings Beat
SPCX stock closed Tuesday’s regular session lower, then jumped in after-hours trading after SpaceX delivered a blockbuster third-quarter report. The company posted revenue of $14.58 billion — up 161% year over year and well ahead of the roughly $12.72 billion Wall Street expected — along with its first solidly profitable quarter since going public earlier…
Stock Market Crash Fears: The “Invisible” Sell-Off Beneath Record Highs
Searches for a stock market crash are surging across Australia this week, up more than 1,000% on Google Trends. But the crash experts are describing is not the one on the evening news. Headline indices are sitting near record highs, while the average stock is quietly losing value. Australian finance commentator Alec Renehan calls it…
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.
70 Million Children Auto-Enrolled in Trump Accounts as Dell Pledges $6.25B
Treasury auto-enrolls 70 million children in Trump Accounts on October 1. Michael Dell pledges $6.25 billion. Parents must claim accounts to manage them. Critics worry about single-stock concentration risk.
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.