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Fitch: Malaysian banks are well-positioned to address slowing growth and profit pressures.

2026-08-06

Fitch: Malaysian banks are well-positioned to address slowing growth and profit pressures.

Other News
2026-08-05

SpaceX (SPCX.O) shares fell more than 10% in pre-market trading as concerns arose over its surging AI spending.

SpaceX (SPCX.O) shares fell more than 10% in pre-market trading as concerns arose over its surging AI spending.
2026-08-06

Microsoft disclosed most of its AI revenue came from OpenAI, reporting $24.1 bln in sales from OpenAI in the fiscal year ended June (MSFT.O). CEO NADELLA had said AI business revenue could reach about $37 bln on a full-year basis as of the end of the

Microsoft disclosed most of its AI revenue came from OpenAI, reporting $24.1 bln in sales from OpenAI in the fiscal year ended June (MSFT.O). CEO NADELLA had said AI business revenue could reach about $37 bln on a full-year basis as of the end of the March quarter. The filing implies OpenAI accounted for more than half—and possibly roughly 70%—of Microsoft’s AI sales in the most recent fiscal year. Under the companies’ agreement OpenAI pays Microsoft for compute, AI model development costs and shares part of revenue.
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