Spending
Strategy Swings to $8.2B Loss as Bitcoin Slump Weighs on Holdings
Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company
Gwalior Telecom Manufacturing Zone to attract ₹12,000 crore investment: Scindia
In this image posted on July 30, 2026, Union Communications Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav after signing an MoU between the Department of Telecommunications (DoT) and the Madhya Pradesh government for setting up India's first Telecom Manufacturing Zone (TMZ) in Gwalior, in New Delhi. | Photo Credit: Via PTI Photo
Big Tech AI spending spree tops $1tn
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The World Cup Spending Surge Is Real—Except in This Major Host City
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OCBC to lift annual tech spending above $771mn as new CEO doubles down on AI
CBC plans to raise its annual technology spending to more than $771mn, according to Bloomberg, as Singapore’s second-largest lender leans harder into AI and digital banking. The increase marks one of the first strategic signals from Tan Teck Long, who took over as group chief executive on 1 January 2026. Tan succeeded Helen Wong, who retired at
Meta’s AI spending spree is helping make its Quest headsets more expensive
The rising costs of RAM and other computing components are pushing up the price of Meta’s Quest VR headsets, which the company says will increase by $50–$100 (about 12–20 percent) starting on April 19. In announcing that price increase on Thursday, the company cited the “global surge in the price of critical components—specifically memory chips—[that]
Uber is spending heavily on AI, but returns remain elusive
Uber has increasingly positioned AI as a core part of its technology stack, and AI models now represent a significant portion of its corporate spending. Costs are rising, but the company has yet to see meaningful returns in terms of ROI. According to President and Chief Operating Officer Andrew Macdonald,...Read Entire Article...
AI Spending Is Moving From Experiment to Earnings Story for Hotels
In Brief: Hotels are shifting their approach to AI from experimental investments to a focus on generating revenue, as they recognize the technology's potential to improve services and streamline operations. AI Spending Is Moving From Experiment to Earnings Story for Hotels - Image Credit HNR News Artificial intelligence is moving beyond pilot projects in the
U.S. Holiday Spending Jumps 4.2%, With In-Store Sales Leading the Way
Discover how U.S. holiday spending surged by 4.2% this year, driven by a significant increase in in-store sales. Explore the trends and factors behind this festive shopping boom in our latest article...
Canada to hit Nato spending target early, reduce reliance on US: PM Carney
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strategy
Strategy Swings to $8.2B Loss as Bitcoin Slump Weighs on Holdings
Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company
Gwalior
Gwalior Telecom Manufacturing Zone to attract ₹12,000 crore investment: Scindia
In this image posted on July 30, 2026, Union Communications Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav after signing an MoU between the Department of Telecommunications (DoT) and the Madhya Pradesh government for setting up India's first Telecom Manufacturing Zone (TMZ) in Gwalior, in New Delhi. | Photo Credit: Via PTI Photo
Spending
Big Tech AI spending spree tops $1tn
For help please visit help.ft.com. We apologise for any inconvenience. The following information can help our support team to resolve this issue. Reason Challenge Request ID a2802d52998b3d21 Status Code 403
awareness
Situational Awareness fund’s $16B liquidation prompts Wall Street to bet AI trade has bottomed
A 24-year-old former OpenAI researcher just became Wall Street’s most expensive cautionary tale. Leopold Aschenbrenner’s Situational Awareness LP hedge fund sold its entire public equity portfolio, roughly $16 billion worth of AI stocks, to Citadel in a single block trade this month after its leveraged bets cratered. From moonshot to meltdown Situational Awareness launched in
Posts
Strategy Posts $8.22B Q2 Loss as Bitcoin Holdings Climb to 843,775 BTC
TLDR: Strategy posted an $8.22 billion net loss in Q2 2026 from bitcoin fair value changes. Bitcoin holdings reached 843,775 BTC as of July 26, up 25% year to date in 2026. Convertible debt fell to $6.71 billion after Strategy repurchased notes at a discount. USD Reserve grew to $3.75 billion...