financeTuesday, August 11, 2026
The New Yorker's John Cassidy uses Leopold Aschenbrenner's troubles to dust off Kindleberger's mania framework, asking whether the AI boom is the latest speculative bubble. It's a timely question as oil jitters and labor market wobbles test the broader bull case.
A prominent AI bull's stumble is prompting a closer look at the froth in tech valuations.
Cassidy applies Kindleberger's five stages of mania to the current AI boom, using Aschenbrenner's hedge fund struggles as a case study. It's a framework piece that asks whether the AI trade is entering the 'distress' phase.
OpenAI's $7 billion buyback at a flat $852 billion valuation is notable for what it doesn't do: no mark-up. That's a sign of discipline, or perhaps a sign that the private market is cooling on AI names.
Oil spikes and a cooling labor market are muddying the picture for risk assets everywhere.
Oil above $82 and the SPR at a 1983 low are the kind of supply shocks that feed inflation and complicate central bank policy. The tension between oil jitters and AI optimism is the market's central conflict right now.
The July jobs report shows a 23,000 decline and big downward revisions, yet the unemployment rate fell to 4.1% because people left the workforce. That's a weaker labor market than the headline suggests, and it could force the Fed's hand.
Ad revenue down for Southern Cross Media amid “difficult” conditionstvtonight.com.au
Amara Raja Q1 FY27 Revenue Rises 21% to Rs. 4,041 Cr; PAT Up 16% YoYwww.saurenergy.com
A house, a car, a little breathing room: Why middle-class life feels increasingly out of reachwww.chicagotribune.com
Crypto Week Aheadwww.coindesk.com
Luxon breaks the emergency glass again, calls urgent caucus meeting on leadershipbusinessdesk.co.nz
NZ sharemarket falls 0.2% amid National Party leadership uncertaintybusinessdesk.co.nzPayments platform Decta explores stablecoin-enabled treasury settlementcointelegraph.com
Decta will use USDC through OpenPayd’s infrastructure for international treasury settlement, seeking faster transfers and more efficient liquidity management.
Korea SME Distribution Agency Backs Tech Firms' Bid for Public Procurementen.sedaily.com
Korea's SME Distribution Corporation opens a second round of applications through the 24th to help startups verify products at public institutions and…
Yoo Han-Kimberly Upgrades Kleenex Flushable Wipes for Easier Useen.sedaily.com
Yoo Han-Kimberly launched an upgraded Kleenex My Bidet toilet wipe with improved flushability, passing the IWSFG test and using plant-derived…
Ravencoin Consensus Bug Puts Network at Risk of Deep Reorgwww.spendnode.io
Ravencoin flagged a critical consensus bug that could trigger a deep chain reorganization, a reminder of how fragile smaller proof-of-work networks can be.
Australia’s Zerocap scales institutional crypto and FX trading with Integral Digitalfxnewsgroup.com
Integral Digital provides Zerocap with a connectivity to a broad network of liquidity providers across both crypto and fiat currency markets. The post Australia’s Zerocap scales institutional crypto and FX trading with Integral Digital appeared first on FX News Group .
ANZ warns Sydney house prices may fall 14.5%www.bushletter.com
The RBA has held the cash rate at 4.35 per cent as ANZ warns Sydney house prices could fall as much as 14.5 per cent, the steepest decline since the early 1980s, with budget tax changes driving the downturn.
Sensex today | Stock Market Live: Equities weaken on Tuesday; elevated crude oil weighs on markets, Sensex down nearly 400 pointswww.thehindubusinessline.com
Sensex, Nifty, Share Prices Live: Indian equities opened lower on Tuesday as elevated crude prices and Strait of Hormuz concerns weighed on sentiment. The decline came despite stronger corporate earnings and renewed foreign buying, with investors also tracking Adani stocks and th
Trump pivots back to sanctions for Iran as other strategies to end his war fizzlewww.thehindubusinessline.com
The shift in US strategy comes as US stockpiles of key weapons have dwindled and as stop-start talks seem again to have stalled
EUR/JPY Price Forecast: Pair Stays Below 183.00 as Bearish Bias Persistsbitcoinworld.co.in
BitcoinWorld EUR/JPY Price Forecast: Pair Stays Below 183.00 as Bearish Bias Persists The EUR/JPY currency pair remains below the 183.00 level as of the latest trading session, with bearish momentum continuing to dominate the technical outlook. The pair has struggled to regain up
Vield Announces Strategic Cyber Security Partnership with Revio to Bolster Defence-in-Depth Infrastructurebitcoinworld.co.in
BitcoinWorld Vield Announces Strategic Cyber Security Partnership with Revio to Bolster Defence-in-Depth Infrastructure SYDNEY, Aug. 11, 2026 /PRNewswire/ -- To address the growing need for institutional-grade security and independent oversight in the digital asset sector, Vield,
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