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Fed Knew Silicon Valley Bank Was Vulnerable a Year Before Collapse, Report Finds

An outside review says Fed staff spotted Silicon Valley Bank's flaws a year before its March 2023 collapse but held back for fear of being wrong.

Fed Knew Silicon Valley Bank Was Vulnerable a Year Before Collapse, Report Finds

An outside review says Fed staff spotted Silicon Valley Bank's flaws a year before its March 2023 collapse but held back for fear of being wrong.

NATS Blames Millisecond Software Defect for 2,000 UK Flight Cancellations

National Air Traffic Services said a millisecond software defect caused the six-hour outage that cancelled over 2,000 flights on Tuesday 8 September 2024.

Researchers Ethically Hack OpenAI Using Anthropic’s Claude, Win $6,500 Bounty

Hacktron AI compromised OpenAI staff ChatGPT accounts using Anthropic's Claude and OpenAI's GPT-5.6 Sol, earning a $6,500 bounty under the bug programme.

Mbappe Leaves Nike for Swiss Brand On, Ending Career-Long Partnership

Kylian Mbappe has ended his Nike partnership to join Swiss brand On, which plans its first football boots next year.

Intel Upsizes Stock Offering to $20 Billion as Demand Locks Out a Third of Investors

Intel expanded its stock offering to $20 billion on strong demand, with a third of investors receiving no shares as it funds AI chip manufacturing.

Plug Power Stock Surges on Improved Margins as On Holding Tumbles

Plug Power shares jumped after improved margins in its latest quarterly results, while On Holding stock tumbled on disappointing guidance.

Meta Releases Open-Source Muse Glimmer Model as Zuckerberg Warns of AI Concentration

Meta released its open-source Muse Glimmer AI model as CEO Mark Zuckerberg warned against concentrating advanced AI under a few companies or governments.

Bitdeer Stock Wavers After Q2 Earnings and Revenue Miss Estimates

Bitdeer Technologies shares swung after reporting second-quarter earnings and revenue that missed Wall Street estimates, as investors weighed its AI pivot.

Trade Desk Stock Slides as Ad-Tech Slowdown Rattles Investors

The Trade Desk shares fell sharply as investors reassessed the digital advertising firm's growth, exposing broader anxieties across the ad-tech sector.

Trump Media Posts $238 Million Loss, Refocuses on Truth Social

Trump Media & Technology reported a $238 million second-quarter loss as new CEO Kevin McGurn steered the company back to social media from crypto and betti

Nvidia Signs $500 Billion Wall Street Deal to Fund AI Infrastructure

Nvidia has partnered with six Wall Street firms including Apollo, BlackRock, Goldman Sachs and KKR to raise over $500 billion for AI infrastructure.

Sony and TSMC to Invest $4.7 Billion in Image-Sensor Joint Venture

Sony and TSMC will invest $4.7 billion in a joint venture to produce image sensors, deepening their chipmaking partnership in Japan.

Cardinal Health Stock Surges as Company Lifts Full-Year Profit Outlook

Cardinal Health shares jumped after the healthcare distributor reported mixed sales but lifted its full-year profit guidance, reassuring investors.

Monday.com Stock Falls as Weak Guidance Overshadows Earnings Beat

Monday.com shares dropped after soft forward guidance overshadowed a quarterly earnings beat, while options-implied volatility fell sharply post-selloff.

Barrick Settles Newmont Dispute, Clearing Path for Year-End Gold IPO

Barrick reached a deal with Newmont to combine North American mines, clearing the way for an IPO of its gold assets by year-end. Barrick shares fell.

SpaceX Stock Rebounds to Near $135 IPO Price After Strong Earnings

SpaceX shares climbed back toward their $135 IPO price after stronger-than-expected second-quarter revenue and a widely watched share unlock.

Unitree Shanghai IPO Oversubscribed 8,000 Times, Igniting Humanoid-Robot Stock Frenzy

Unitree Robotics' Shanghai IPO drew retail demand over 8,000 times the shares offered, fueling investor frenzy over a wave of humanoid-robot listings.

Foxconn Posts 35% Q2 Profit Jump, Forecasts Strong 2026 on AI Demand

Foxconn reported a 35% rise in second-quarter profit, beating forecasts, and forecast strong 2026 growth driven by surging AI infrastructure demand.

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