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Report says ‘circular financing’ shows AI bubble ‘primed to pop’

22 October 2026 at 17:03

A report released on Wednesday warns that the investment boom in artificial intelligence is a financial bubble that is “primed to pop” and harm working-class Americans if lawmakers don’t take concrete steps to shield them from the damage. The report, produced by Open Markets Institute and Americans for Financial Reform Education Fund, warns that Big […]

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Jio’s IPO seeks a tech multiple for old-school mobile business

16 October 2026 at 12:27

India’s largest initial public offering (IPO) opens October 21, and investors in Tokyo, Singapore and Hong Kong are being asked a simple question: What is a Jio customer’s monthly bill worth? Jio Platforms, the Reliance-owned mobile carrier with some 524 million India-based customers, is selling 270 million new shares at 1,065 to 1,119 rupees each […]

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Why China is missing the big AI rally

2 October 2026 at 10:04

TOKYO – China gave global investors one of 2026’s biggest AI thrills. Yet the country that helped ignite excitement about artificial intelligence is home to one of the worst-performing major stock markets. While AI fever has propelled Seoul, Taipei and Tokyo higher, Chinese shares are stuck in reverse.

So what gives? Several forces, actually. Weak household demand, for one. Consumer spending continues to disappoint, weighing on the earnings potential of mainland internet companies, automakers, and retailers.

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