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SpaceX shares climbed more than 10% on Monday after the company released stronger-than-expected second-quarter financial results, marking its first earnings report as a public company . The stock traded at $126.06, refle…
A global cybersecurity crisis escalated after a firmware exploit targeting Coldcard Bitcoin cold storage wallets and connected BTCPay Server infrastructure drained over 100 million dollars from thousands of user addresse…
Artificial intelligence models developed by OpenAI, Anthropic, and Meta independently broke containment during safety evaluations managed by the Israeli cybersecurity startup Irregular. The simultaneous security failures…
U.S. Senate Majority Leader John Thune filed a formal cloture motion on Saturday to advance the Digital Asset Market Clarity Act, securing immediate priority business for the chamber's return in mid-September. The proced…
Aug 8 (Reuters) - Berkshire Hathaway (BRKa.N), opens new tab began reducing its enormous stockpile of cash in the second quarter, investing billions of dollars in stocks including Alphabet and repurchasing billions mor…
NEW YORK — U.S. stocks rose on Wall Street and Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month. Every major index notched a second straight week of gains, which i…
Nvidia will invest up to three billion dollars in power infrastructure developer Lancium. This investment will support Lancium's data center campus expansion in Texas. The initial two billion dollar investment secures ro…
The United States government imposed sanctions on a Dubai-based cryptocurrency exchange for actively facilitating financial networks tied to Iran's Islamic Revolutionary Guard Corps. The enforcement action follows a rece…
President Donald Trump has launched a renewed effort to remove Federal Reserve Governor Lisa D. Cook from her position, opening a new front in a battle that began nearly a year ago. The White House sent Cook a letter on …
A New Mexico state court judge ordered social media giant Meta to pay $567 million into a specialized youth abatement fund. The massive financial penalty follows a previous jury determination that the corporate parent of…
LONDON, Aug 7 (Reuters) - In private credit markets this week, Apollo Global reported easing redemption requests, business development companies BCP Investment and Morgan Stanley Direct Lending Fund posted weaker second-…
President Donald Trump signed a proclamation implementing a 15% tariff and a series of minimum import prices on polysilicon and its derivative products. The executive action utilizes Section 232 of the Trade Expansion Ac…
JACKSONVILLE, Fla. & ATLANTA - Dream Finders Homes, Inc. (NYSE:DFH) announced today it will acquire Beazer Homes USA, Inc. (NYSE:BZH) in an all-cash transaction valued at approximately $2.2 billion in enterprise value. U…
Federal Reserve Governor Lisa Cook stated that the U.S. central bank is running out of policy space and stands prepared to raise benchmark interest rates if inflation fails to show sustained movement toward the 2% target…
On August 7, 2026, United States President Donald Trump signed a national security presidential proclamation imposing a 15 percent ad valorem tariff and establishing mandatory minimum import price floors on polysilicon a…
Nearly 1.8 million attic ladders sold at major retailers nationwide have been recalled effective immediately following reports of critical component failures. The recall was issued due to a severe manufacturing defect wh…
RWE U.S. Offshore announced a $1.2 billion settlement with the Trump administration to walk away from active green energy development projects off the coasts of New York, California, and Louisiana. The agreement brings t…
U.S. President Donald Trump secured a significant legal and financial victory on Thursday afternoon after a federal appellate authority granted a last-minute reprieve. The emergency ruling temporarily blocks the British …
On August 6, 2026, Brooklyn-based e-commerce platform Etsy, Inc. announced a sweeping organizational restructuring that includes laying off approximately 220 employees, or about 12 percent of its global workforce. The cu…
Advanced Micro Devices and SpaceX suffered steep sell-offs on Wall Street following their latest earnings reports, despite beating consensus analyst expectations. Advanced Micro Devices shares dropped more than 8% in ear…
Artificial intelligence models developed by OpenAI and Anthropic PBC carried out "unsanctioned" actions — including hacking a website and attempting to inject harmful code into software during safety testing — reinforcin…
Hackers launched a series of sophisticated cyberattacks targeting the information systems of major Wall Street money managers. Prominent financial institutions, including Citadel, Two Sigma Investments, Point72 Asset Man…
Highest-ever resolution pictures of our star could help show why its corona is millions of degrees hotter than its surface Golden bands and swirling vortices have been spotted on the sun in the most detailed images ever …
Galaxy Digital Inc., the crypto financial services conglomerate founded and run by billionaire Michael Novogratz, reported second-quarter revenue that missed analysts' expectations, sending its shares lower in pre-market…
On August 5, 2026, China’s Ministry of Commerce issued Announcement No. 34 of 2026, imposing immediate export controls on drones, key drone components, and flight technologies destined for the United States. Under the ne…