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Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% Driven by AI and Strong Export Performance

08/10/2026, 08:35 PM forecast finance

Singapore's Ministry of Trade and Industry has significantly raised its GDP growth forecast for 2026 to between 4.5% and 5.5%, driven by strong performance in AI-related sectors and exports, as well as a more favorable outlook on global energy prices.

Oil Prices Surge Amid U.S.-Iran Negotiation Uncertainty and AI Investment Growth

08/10/2026, 06:36 PM review energy ai Meta Platforms Nvidia

The ongoing tensions between the U.S. and Iran are contributing to rising oil prices and declining U.S. oil reserves, which could impact energy markets significantly. Meanwhile, advancements in AI technology are creating new investment opportunities in the tech sector.

Market Movers: eToro and CoreWeave Report Earnings Amidst Stock Declines

08/10/2026, 04:36 PM investing review eToro (ETOR) CoreWeave Airbnb

Investors should note the significant declines in eToro and CoreWeave stocks, while cybersecurity firms and Airbnb have shown strong performance, indicating shifting market dynamics.

Hollywood Stars Actively Engage Chinese Market as 'Spider-Man' and 'The Odyssey' Gain Popularity

08/10/2026, 04:36 PM review media IMAX

Hollywood's renewed engagement with the Chinese market is showing promising results, with films like 'Spider-Man: Brand New Day' and 'The Odyssey' performing well despite previous challenges. This shift could signal a significant opportunity for U.S. studios as they navigate a recovering box office landscape in China.

OpenAI Completes $7 Billion Share Sale Ahead of Potential IPO

08/10/2026, 03:37 PM economy fundraising

OpenAI's recent $7 billion secondary share sale allows employees to liquidate part of their holdings at an $852 billion valuation, signaling the company's preparation for a potential IPO.

Trump Media & Technology Group Reports $238 Million Loss in Q2 Amid Declines in Digital Assets

08/10/2026, 03:37 PM economy losses media finance Trump Media & Technology Group

Trump Media & Technology Group reported a significant net loss of over $238 million for its fiscal second quarter, primarily due to declines in digital assets, despite a notable increase in revenue from its flagship product, Truth Social. This financial performance raises concerns about the company's sustainability and future growth prospects.

Hims & Hers Health (HIMS) reports second-quarter loss despite raising full-year revenue outlook

08/10/2026, 03:37 PM losses Hims & Hers Health

Hims & Hers Health experienced a nearly 6% decline in its stock price following a second-quarter loss attributed to rising expenses, despite raising its full-year revenue outlook.

Analysts JPMorgan forecast potential market reactions to July’s CPI report

08/10/2026, 01:36 PM investing forecast Analysts: analysts, JPMorgan

JPMorgan anticipates significant market volatility following the release of July's consumer price index (CPI) data, which could influence the Federal Reserve's decision on interest rates in September. Investors should closely monitor the CPI results as they may impact stock performance, particularly the S&P 500.

Trump Signs Executive Order to Reduce Childhood Vaccines, Falsely Links Them to Autism

08/10/2026, 12:39 PM business announcement

President Trump's executive order to reduce the number of recommended childhood vaccines and falsely link them to autism could significantly impact public health policies and vaccine uptake in the U.S.

Nvidia Collaborates with Major Wall Street Asset Managers on $500 Billion AI Infrastructure Initiative

08/10/2026, 12:39 PM business announcement ai Brookfield Goldman Sachs KKR Nvidia BlackRock Blackstone Apollo Global Management

Nvidia is collaborating with major asset management firms to create a $500 billion financing initiative aimed at bolstering artificial intelligence infrastructure, underscoring the increasing importance of private capital in the AI sector.