Articles by Khal
Latest from Khal
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Westinghouse Electric targets $50B+ valuation in confidential IPO filing
Westinghouse Electric, whose reactors power over half the world's operating nuclear plants, filed confidentially with the SEC on July 31 for a US IPO targeting a valuation exceeding $50 billion—a significant jump from its $8 billion acquisition price in late 2023.
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DTE Energy secures 2.4 GW data center deals, $148 price target set
DTE Energy has secured 2.4 GW in executed power agreements with hyperscale data center operators including Oracle and Google. Analysts at 24/7 Wall St. set a $148.32 price target, implying 12-13% upside, citing the utility's positioning in AI infrastructure buildout.
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US sanctions bill targeting Russian oil buyers complicates India's energy strategy
Congress passed the Lindsey O. Graham Sanctioning Russia and Iran Act, authorizing tariffs up to 100% on major Russian oil purchasers including India, threatening bilateral ties and forcing New Delhi to reassess its energy policy.
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US Treasury sanctions Iranian crypto exchange BitBank for IRGC Bitcoin transfers
The Treasury Department sanctioned the Iranian crypto exchange BitBank and its software developer Pishtaz Simorgh on September 17, alleging the platforms facilitated hundreds of millions in Bitcoin transfers to Iran's Islamic Revolutionary Guard Corps.
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G7 convenes to coordinate strategic oil reserve release amid price surge
French President Emmanuel Macron announced a G7 meeting on September 18, 2026, aimed at coordinating a release of strategic oil reserves to address elevated crude prices driven by geopolitical crises in Ukraine and the Middle East.
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Bitcoin Hits $81K as US Bond Yields Surge on Oil Supply Shock
Bitcoin jumped past $80,000 on Friday as US 30-year bond yields rose 90 basis points to 5.34%, driven by oil supply concerns tied to Middle East tensions and the Strait of Hormuz closure.
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IAEA confirms drone strike damaged Kursk nuclear plant cooling tower
The International Atomic Energy Agency formally acknowledged that a drone struck the cooling tower of unit 2 at Russia's Kursk NPP-2 on July 5. Russian authorities reported no injuries or radiological consequences, though the incident underscores escalating risks to nuclear infrastructure in conflict zones.
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Bitcoin surges above $80,000, triggering $183M in short liquidations
Bitcoin crossed $80,000 in a single hour, wiping out approximately $183 million in short positions. The spike followed recent rate hikes from the Federal Reserve and Bank of Japan, which had fueled short-side bets against the asset.
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Banks double MiCA provider share to 23% on ESMA register
Banks now represent nearly one in four providers on ESMA's MiCA register after roughly doubling their presence since late June, driven largely by German lenders entering the crypto-asset services market.
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Federal Reserve finalizes bank stress-testing reforms on February 4, 2026
The Federal Reserve finalized sweeping reforms to its bank stress-testing framework on February 4, 2026, centered on model transparency and simplified capital planning for the nation's largest lenders.
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Apollo closes $35B Anthropic debt deal, signaling AI's early turn to debt markets
Apollo and Blackstone closed a $35 billion debt facility for Anthropic in June 2026, structured to fund GPU procurement. The deal reflects a broader shift: AI companies are tapping debt markets far earlier in their lifecycles than traditional software startups, driven by the capital-intensive nature of hardware infrastructure.
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HYPE hits record $90.92 after Hyperliquid launches manual borrowing
HYPE, the native token of Hyperliquid's layer-1 blockchain, reached an all-time high of $90.92 on Friday following the launch of manual borrowing, which lets users supply HYPE and Bitcoin as collateral to borrow stablecoins.
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Microsoft memos warned OpenAI training risked "largest theft of labor"
Court documents unsealed in the New York Times lawsuit against Microsoft and OpenAI reveal internal warnings that the companies' AI training practices could trigger a "doom loop" degrading model quality and constituting unprecedented labor theft.
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Hungary ends Russian gas imports by October 2027, reshaping EU energy
Hungary's Economy and Energy Minister announced the country can secure all natural gas from non-Russian sources by October 2027, marking a sharp reversal from Orbán-era dependence and aligning with the EU's REPowerEU initiative.
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MKOI vs NAVI: LEC Loser Bracket Final for Worlds 2026 Spot
MKOI and NAVI will compete in the LEC 2026 Summer Playoffs lower bracket final on September 18 for the final European slot at the League of Legends World Championship 2026.
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ETFs surpass $1.5 trillion in net inflows, breaking 2025 record
US-listed ETFs pulled in more than $1.5 trillion in net inflows during 2026, crushing the previous annual record set in 2025 with three and a half months remaining. Global ETF assets hit a record $24.03 trillion by August, driven by flows into fixed-income and equity products.
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Xi Jinping assembles business delegation for Washington visit, targeting tariff relief
Chinese President Xi Jinping is bringing top executives from BYD, CATL, Xiaomi, and other major firms to Washington in September 2026, seeking better market access and tariff relief for Chinese companies facing regulatory barriers in the US.
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Intel options volume surges 3x as stock rallies 35%
Intel options trading tripled its monthly average on September 17 with 1.3 million contracts traded, as the chipmaker's stock gained roughly 35% from summer lows and the VIX settled at 15.4, its lowest level in a week.
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Shiba Inu Records Zero-Burn Day as Weekly Rate Crashes 69.59%
Shiba Inu recorded $0 in token burns over a 24-hour period, marking an unusually quiet stretch for the deflationary mechanism. The burn slowdown coincides with broader Fed tightening and a 9% price gain in SHIB, though the connection remains unclear.
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Meta Adds Dedicated Mail Tab to Muse AI Agent
Meta is integrating a dedicated Mail tab into Muse, its personal AI agent, as the company positions email management as central to its AI assistant strategy. The move comes as Muse, which launched in the US on September 8, 2026, continues to expand its multi-tab interface with granular security controls.
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Binance records 4,618 BTC inflow on September 15, largest single-day deposit
Binance received a record 4,618 BTC net inflow on September 15 amid a $75,640 Bitcoin price low, while stablecoin deposits surged 190% above baseline, suggesting strategic accumulation rather than panic selling.
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Cristiano Ronaldo called up for Portugal Nations League at 41
Portugal's newly appointed coach Jorge Jesus has included Cristiano Ronaldo in the squad for the 2026 UEFA Nations League, continuing the veteran forward's international career at 41 despite questions about squad development.
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Hyperliquid launches lending: $269M borrowed on day one
Hyperliquid, a Layer-1 decentralized platform, introduced borrowing and lending features enabling users to borrow stablecoins using HYPE and BTC as collateral, with $269 million borrowed on its first day of operation.
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Smarter Web surges 36% on Bitcoin-backed preferred shares plan
Smarter Web Company PLC, a UK-listed digital services provider, announced plans for Bitcoin-backed preferred shares called MORE, triggering a 36% stock surge. The company targets £15–25 million to expand its 2,878 BTC treasury, the largest among UK-listed firms.