Sam's News โ markets โ 2026-08-24¶
Funding¶
7.5 Nvidia Discusses Investment in Perplexity at $30 Billion Valuation¶
Nvidia is in talks to invest in AI search startup Perplexity at a valuation exceeding $30 billion.
Sources: Investing.com RSS
7 Shein targets $27 billion valuation in September IPO¶
Chinese fast-fashion retailer Shein is planning a public market debut in London with a valuation target of up to ยฃ20 billion.
Sources: Capital FM Africa RSS, Sky News RSS, BBC RSS, Yahoo! Finance Canada RSS, Investing.com RSS, Yahoo RSS
Markets & Geopolitics¶
7 Global Markets Decline as Iran Currency Hits Record Low Amid Sanctions Pressure¶
World stock markets fell while Iran's rial currency reached a record low amid U.S. sanctions preparations and persistent bond market pressure.
Sources: AP News RSS
Markets¶
7 US stocks slip as tech sector weakens and US-Canada trade tensions escalate¶
The S&P 500 and Nasdaq declined as technology stocks fell and US-Canada trade disputes intensified.
Sources: Yahoo Finance RSS
6.5 Samsung Shares Decline Despite Record $80 Billion Shareholder Return Plan¶
Samsung shares fell despite announcing a record $80 billion shareholder return plan.
Sources: Investing.com RSS
6.5 Hedge Funds Cut Equity Positions at Fastest Pace in Two Months¶
Hedge funds are reducing equity positions at the fastest rate seen in the past two months, according to Goldman Sachs data.
Sources: Investing.com RSS
6.5 Tech Stocks Slide as U.S.-Canada Trade Tensions Intensify¶
Nasdaq futures and technology stocks declined as trade tensions between the United States and Canada escalate.
Sources: WSJ RSS
6.5 Global shares decline amid bond market pressure; Iran's rial weakens¶
World equity markets declined as bond yields pressured valuations, while Iran's currency weakened against the dollar.
Sources: KTVN RSS, Click2Houston RSS
6.5 Tech Stocks Slide as S&P 500 and Nasdaq Fall on US-Canada Trade Breakdown¶
The S&P 500 and Nasdaq declined with tech stocks leading losses as U.S.-Canada trade negotiations broke down.
Sources: Yahoo Finance RSS, LancasterOnline RSS, XTB.com RSS, KTVN RSS
AI¶
6.5 Alibaba launches Wan3.0 AI video generation model after $10bn share buyback¶
Alibaba announced the release of Wan3.0, its latest AI video model, following a $10 billion share repurchase program.
Sources: Investing.com RSS