Marvell Technology issued Google warrants to buy 58.97 million shares at $206.58 each, tied to a chip partnership covering AI inference accelerators and networking components that could yield $120 billion through 2033.
Posted inMarkets
Samsung’s Record $80 Billion Return Plan Sends Shares Lower on Ambiguity
Samsung Electronics announced 90–110 trillion won in shareholder returns for 2026, roughly five times its prior record, but shares fell 2.6% as investors had expected up to 150 trillion won.
Posted inEconomy
Warsh Heads to Jackson Hole With Markets Split on September Rate Hike
The Federal Reserve chair delivers his first Jackson Hole keynote on August 28, with traders pricing one-in-three odds of a rate increase nineteen days later at the September FOMC meeting.
Posted inGeopolitics
Ukraine Drones Strike Ozon Warehouse in Russia for the First Time
Ukrainian FPV drones set fire to an Ozon logistics hub in Chapayevsk, Samara Oblast on August 22, forcing over 500 workers to evacuate in the first confirmed attack on Russia’s second-largest e-retailer.
Posted inWorld
Lula Holds Slim Lead Over Flávio Bolsonaro Six Weeks From Brazil’s Vote
Datafolha puts Lula 47–43 ahead of the younger Bolsonaro in a simulated second round, but a Quaest poll finds the gap within its margin of error.
Posted inTech
Nevada Clears 8,000 Robotaxis for Tesla, Waymo and Uber in Las Vegas
Nevada’s transportation authority voted unanimously on August 20 to allow Tesla, Waymo and Uber to deploy up to 8,000 fully driverless robotaxis across Clark County over the next twelve months.
Posted inMarkets
YMTC Seeks $4.9 Billion Shanghai Listing on AI Memory Demand
China’s third-largest NAND flash chipmaker filed for a 33-billion-yuan IPO on Shanghai’s STAR Market on August 21, positioning itself to capitalise on surging AI data-centre memory demand despite US export restrictions.
Posted inEconomy
US 30-Year Treasury Yield Tops 5.33%, Highest in 19 Years
America’s long-term borrowing costs hit a 19-year high last week as Middle East oil shocks, persistent inflation above 3 percent, and a widening federal deficit pushed bond investors to demand greater compensation.
Posted inGeopolitics
Bessent Pledges Toughest Sanctions in History Against Iran
US Treasury Secretary Scott Bessent said Washington will impose what he called the greatest coordinated economic isolation of any country in history, warning Beijing that buying Iranian oil makes it a target.
Posted inWorld
Africa Corps Fighters Executed Nine Civilians in Mali, HRW Says
Human Rights Watch says Russia-backed Africa Corps paramilitaries rounded up and executed nine civilians, including four children, during a July raid on Bombori village in Mali’s Mopti region.