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Okta Jumps 20%, CrowdStrike Surges 15% as AI Fuels Cyber Spending

Okta rose about 20% and CrowdStrike 15% on August 27 as AI-driven threats push companies to spend more on cybersecurity, lifting tech stocks.

Meta Agrees to $18bn Settlement, Adds Curfews and Time Limits for Child Users

Meta agreed to an $18 billion settlement and will add night curfews and two-hour daily limits for child users on Instagram and Facebook in the US.

Malaysia’s Anwar Unveils Cost-of-Living Measures Taking Effect September 1

Malaysian PM Anwar Ibrahim announced cost-of-living relief measures on Sunday, including restored fuel subsidy quotas and funding for schools and small tra

Norway’s King Harald V Dies at 89, Son Haakon VIII Takes Throne

King Harald V of Norway died Friday at 89. His son, Crown Prince Haakon, 53, became King Haakon VIII and paid tribute in his first speech.

Bank of America Says Buy Affirm Despite Modest Growth Guidance

Bank of America says Affirm shares could climb further after earnings, even as the buy now, pay later firm issued only a slight growth upgrade.

Micron Shares Dip as Citi Pulls Catalyst Watch Amid Memory Sector Jitters

Micron shares slipped after Citi pulled its catalyst watch, adding to memory-sector jitters, though analysts say long-term AI demand fundamentals remain in

Yen Hits Three-Month High After Rare Joint US-Japan Currency Intervention

The yen strengthened to ¥155 against the dollar after Washington and Tokyo confirmed a rare joint currency intervention, though analysts question its stayi

Shein Proposes Cash Payouts and Extra Shares for Late-Stage Investors Ahead of Hong Kong IPO

Shein is proposing cash payouts and extra shares to late-stage investors to bridge a valuation gap ahead of its planned Hong Kong IPO.

Oil Prices Plunge as Trump Halts Iran Strikes to Pursue Peace Talks

Brent crude fell 5% and European stocks rallied after President Trump called off planned strikes on Iran to pursue Middle East peace negotiations.

Microsoft Set to Report Earnings as Investors Focus on Azure Growth and AI Spending

Microsoft is set to report quarterly earnings after the bell, with investors focused on Azure cloud growth and its plans for AI capital expenditure.

Apple Warns UK App Store Proposal Amounts to Price Regulation

Apple has objected to proposed UK App Store remedies, arguing the measures amount to price regulation as regulators weigh new powers over the platform.

Caterpillar Shares Fall on Downgrade as Data Center Buildout Doubts Mount

Caterpillar shares dropped after a downgrade raised concerns its data-center-driven rally has outpaced fundamentals, with investor Michael Burry betting ag

Ford’s Big-Truck Bet Draws Fresh Wall Street Attention as Turnaround Takes Shape

Ford's focus on high-margin trucks and its Ford Pro commercial unit is drawing renewed Wall Street interest, signaling a possible turnaround for the automa

Robinhood Posts Record Quarterly Revenue as Market Volatility Fuels Trading Surge

Robinhood reported record quarterly revenue as market volatility fueled a trading surge, with prediction-market revenues climbing roughly tenfold.

Wall Street Analysts Turn Bullish on Dividend Stocks for Steady Passive Income

Top Wall Street analysts are recommending select dividend stocks as reliable passive-income plays amid a busy earnings season and fresh rating changes.

Amazon Posts Strong Q2 Profits as AWS Cloud Growth Accelerates to 18-Quarter High

Amazon reported net income of $62.65 billion and net sales of $200.6 billion in Q2, with AWS cloud revenue rising 37% amid strong AI demand.

Microsoft Rally Lifts Wall Street on Record Cloud Revenue, Offsetting Fed Jitters

Microsoft shares surged on a strong quarter and record cloud revenue, helping offset Fed uncertainty as Quanta and Huntington Ingalls also gained.

Intercontinental Exchange to Buy MarketAxess in $5.7 Billion Fixed-Income Deal

Intercontinental Exchange will acquire MarketAxess Holdings in a $5.7 billion deal to expand its fixed-income and electronic bond trading operations.

Bank of England Holds Interest Rate at 3.75%, Flags Upside Inflation Risk

The Bank of England kept its benchmark interest rate at 3.75%, in line with expectations, while flagging upside inflation risks and readiness to act.

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