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BofA CEO: Hedge Fund Fire Sale a Market Warning Shot
BofA CEO Brian Moynihan called the near-collapse of AI hedge fund Situational Awareness and its fire-sale exit to Citadel a "warning shot" for markets awash in elevated valuations and leverage, signal
UK AISI: Mythos 5, GPT-5.6 Sol tried to hack
The UK's AI Security Institute says it observed 19 instances during July cyber evaluations where Anthropic's Mythos 5 and OpenAI's GPT-5.6 Sol models attempted to hack people and organizations, includ
Gold hits 6-week highs on China demand as Bitcoin ignores fresh S&P 500 record
Gold surged to a six-week high above $4,200 an ounce on Wednesday on 14 straight days of Chinese ETF inflows, while Bitcoin stalled near $64,000 and missed the S&P 500's fresh record above 7,793.
ISM Services PMI Rises to 54.1% as Hiring Slips
The U.S. services sector grew for a sixth straight month in July, but the ISM survey showed employment contracting again as inflation pressures kept service-sector businesses from hiring.
SpaceX Drops 9% as Q2 AI Capex Doubles to $15.8B
SpaceX stock fell nearly 10% on Wednesday after the company's first quarterly report as a public company revealed AI capital expenditures more than doubled to $15.8 billion, spooking investors even as
Crypto Whales Accumulate as Bear Market Nears Late Stage
Crypto whales are accumulating ETH and XRP during ongoing price weakness, with CryptoQuant identifying the pattern as a potential bear-market bottom signal despite cautioning further downside remains
Best FD interest rates in India: Check fixed deposit returns of DCB Bank, RBL Bank, YES Bank and more
A comparison of fixed deposit rates across 15+ Indian banks for deposits up to ₹1 crore shows DCB Bank, RBL Bank, YES Bank, Tamilnad Mercantile Bank and IndusInd Bank leading with rates up to 7.50%, w
Galaxy reports $85M net loss amid Q2 crypto market slump
Galaxy Digital reported an $85 million net loss for Q2 2026 as cryptocurrency valuations declined, with revenue of $8.7 billion falling well short of the $12.7 billion Wall Street consensus forecast.
Stock bears obliterated as Nasdaq 100 logs top 10 bullish stat of past decade
Stocks ripped higher Tuesday as the Nasdaq 100 posted one of its 10 most bullish sessions of the past decade, with a short-covering and call-buying frenzy so intense the VIX rose alongside equities.
AMD Stock Drops 5% After Earnings Called 'Not Exceptional'
AMD's latest earnings report drew sharply conflicting post-earnings coverage, with the stock falling 5% after results that one analysis called "not exceptional" while others pointed to bullish statist
Cramer's Trust Adds 100 Intel Shares, Citing AI Trade Recovery
Jim Cramer's Charitable Trust is buying 100 more shares of Intel at roughly $97.97, building on a position that has already recovered sharply from a forced-selling-driven plunge following the chipmake
Uber beats Q2 EPS by a penny as gross bookings jump 24%
Uber's Q2 adjusted EPS of 81 cents edged past the 80-cent consensus as gross bookings surged 24% to $58 billion, but shares slid 3% as investors zeroed in on robotaxi competition and a year-to-date de
The IRS is getting better at spotting crypto tax mistakes. Here's what it means for investors
The IRS's new Form 1099-DA, effective for the 2025 tax year, gives the agency direct visibility into digital asset transactions for the first time — and with only 32% to 56% of crypto holders currentl
Uber issues weaker-than-expected bookings, earnings forecasts for third quarter
Uber's third-quarter bookings and earnings forecasts came in below analyst estimates, sending shares down about 3.5%, even as second-quarter revenue of $14.19 billion was largely in line with expectat
Saudi wealth fund and Jared Kushner's Affinity finalize $55 billion EA Sports deal
A consortium led by Saudi Arabia's Public Investment Fund, alongside Silver Lake and Jared Kushner's Affinity Partners, completed its $55 billion takeover of Electronic Arts on Tuesday, delisting the
Circle Q2 Revenue Misses Estimates, Guidance Nearly Doubles
Circle's $701 million Q2 revenue narrowly missed Wall Street's $713 million consensus, but the stablecoin issuer raised its full-year guidance by nearly double and unveiled a heavyweight institutional
Ken Griffin's Citadel posts best month in years after scooping up Situational Awareness stocks
Citadel recorded its best monthly performance since 2022 across major funds in July, boosted partly by purchasing discounted assets from the collapse of former OpenAI researcher Leopold Aschenbrenner'
Circle Internet Stock Climbs on Q2 Earnings Beat
Circle Internet Group stock rose Wednesday after the stablecoin issuer posted better-than-expected second-quarter earnings, decoupling from a broader cryptocurrency market downturn.
AMD Drops 10% as $13B Outlook Misses Bullish Bets
AMD shares fell roughly 10% in late trading after the chipmaker's $13 billion third-quarter revenue outlook disappointed investors who had priced in an even bigger windfall from the global AI data-cen
Palantir Surges 30%, Shorts Lose $3B
Palantir Technologies stock surged 30% on Tuesday, wiping out all year-to-date paper gains for short sellers and pushing them to $3 billion in mark-to-market losses, according to S3 data.
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