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date
02/07/2026
Micron Technology Inc. announced that it will invest $250 million in the Trump Child Account Program through an employee matching funds plan and direct donations. This initiative is expected to benefit up to 1 million children. Trump stated that this investment is the largest of its kind among similar enterprises, and these new tax-advantaged children's savings accounts will be officially launched on July 4th.
Latest
2 m ago
The US dollar index, which measures the US dollar against six major currencies, rose by 0.2% on the day and closed at 101.39 in the foreign exchange market. At the end of the New York foreign exchange market, 1 euro was exchanged for 1.1380 US dollars, lower than the previous trading day's 1.1420 US dollars; 1 pound was exchanged for 1.3278 US dollars, higher than the previous trading day's 1.3255 US dollars. 1 US dollar was exchanged for 162.53 Japanese yen, lower than the previous trading day's 162.62 Japanese yen; 1 US dollar was exchanged for 0.8092 Swiss francs, higher than the previous trading day's 0.8083 Swiss francs; 1 US dollar was exchanged for 1.4216 Canadian dollars, higher than the previous trading day's 1.4204 Canadian dollars; 1 US dollar was exchanged for 9.7300 Swedish kronor, higher than the previous trading day's 9.7005 Swedish kronor.
3 m ago
The US dollar index rose on the 1st day.
6 m ago
According to two informed sources, SoftBank Group has restarted negotiations with a loan syndicate for a $10 billion loan using its stake in OpenAI as collateral. Previously, SoftBank's financing attempts had stalled due to concerns about the difficulty of valuing private companies in the market. To dispel the concerns of the lenders, SoftBank has proposed to provide guarantees for loan repayment, allowing the banks to recover from SoftBank if the value of the OpenAI shares used as collateral depreciates. The loan consortium is expected to include Goldman Sachs, JPMorgan Chase, and Mizuho Group.
8 m ago
Goldman Sachs, J.P. Morgan, and Mizuho Bank are expected to be included in the consortium lending $10 billion to SoftBank.
10 m ago
Softbank is currently in negotiations with loan institutions to obtain a $10 billion guarantee loan, supported by shares of OpenAI and repayment guarantees.
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