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'Brutal session' for chip stocks shows AI trade is turning
The AI stock selloff has worsened, with chip stocks experiencing significant losses. The Kospi index fell 3.73%, and SK Hynix hit
topicCracks Grow Across the AI Trade as Memory-Chip Stocks Tumble
Memory-chip stocks, including Samsung and SK Hynix, have dropped sharply due to investor anxiety over the sustainability of the AI
topicKroger to lay off 3,000 corporate employees over 3 years as it leans into artificial intelligence
Kroger is eliminating 3,000 corporate positions over three years to reduce operational costs and integrate artificial intelligence
topicMicron’s stock extends declines as China competition heats up
Micron Technology's stock has declined 10.9% in the past month, with shares at $953.19, due to growing concerns over competition f
topicAnthropic says its AI model submitted a false cold case tip to Philadelphia police
Anthropic's Claude Haiku 4.5 AI model submitted a false tip to Philadelphia police on July 18, 2026, during automated testing, fal
topicTrezor Wallets Also Compromised with Implants
Trezor and Ledger, two major crypto wallet providers, have been targeted by supply chain attacks involving hidden hardware implant
topicLawyer for Fed Governor Cook Denounces Trump’s New Investigation
The lawyer for Federal Reserve Governor Lisa Cook denounced President Trump's new investigation into mortgage fraud allegations ag
topicWhy BlackRock is suddenly more bearish on stocks
BlackRock has shifted to a neutral stance on equities, reducing exposure to US stocks to take profits and increase holdings in US
'The timing is notable': China lets Visa start preparing to clear bank card payments, weeks before a third Xi-Trump meeting
Visa has received approval from the People's Bank of China to begin preparations for establishing a domestic bank card clearing in
topicFirst look: Inside the new $1.3 billion Hollywood Burbank Airport replacement terminal
The new 355,000 sqft terminal at Hollywood Burbank Airport, which cost $1.3 billion, opened on October 13, 2026. It offers updated
topicRomance scammers are getting harder to catch. The consequences are costly.
The US has passed the Romance Scam Prevention Act, requiring dating apps to notify users when someone they have communicated with
topicBioNTech’s mRNA cancer vaccine fails phase 3 test, significantly denting analysts’ confidence
BioNTech's mRNA cancer vaccine BNT113 failed to meet its primary endpoint in a phase 3 trial for advanced HPV-linked head and neck
topicBumble swipes right on $1.3 billion go-private deal amid online dating industry reset
Bumble's sale to Ithaca Holdings marks a significant shift in the online dating landscape. The all-cash deal, valued at $6.05 per
topicWhat SpaceX Still Needs to Build a Cell Network and Challenge AT&T
SpaceX is moving forward with plans to become a fourth national wireless carrier in the US, with reports indicating the company is
topicMeta and Apple team up on AI model tailored for Mac computers
Meta's AI model, Muse Spark Open AI, is now compatible with Apple's Mac Studio systems, enabling large language model inference on
topicStates sue AI giant OpenAI, saying its popular chatbot is hurting children and deceiving adults
Eight US states have filed separate lawsuits against OpenAI, alleging the company's ChatGPT chatbot deceives adults and harms chil
topicAlbertsons Wants $8 Billion From Kroger After Failed Merger
Albertsons Companies is seeking over $8 billion in damages from Kroger in a Delaware court, alleging Kroger's refusal to sell enou
topicCan you sue over targeted ads? 'Blockbuster' Supreme Court case to decide
The US Supreme Court will determine who can sue under the 1988 Video Privacy Protection Act in the case Salazar v. Paramount Globa
topic‘The amazement is kind of wearing off a little bit’: Wharton survey reveals managers are learning what Gen Z already figured out
A recent Wharton survey indicates that managers are becoming more critical of AI, prioritizing verification of AI-generated conten
topicDiesel futures jump, signaling higher prices to come despite Trump’s Russia deal
Diesel futures are climbing despite a deal between Donald Trump and Russia to lift export sanctions in exchange for millions of to
topicThe Iran war is costing American households $2,000 each, Moody’s estimates
The US war with Iran has cost average American households approximately $2,000 since late February, due to higher fuel prices, inc
topicBREAKING: Name & More Revealed for Japan's First Disney Cruise Line Ship
Disney's first Japanese vessel, the Disney Imagination, will depart from Tokyo in spring 2029 under the operation of the Oriental
topicStarbucks says it is not buying Chipotle following deal speculation
Starbucks has officially denied reports of a potential acquisition of Chipotle Mexican Grill, ending speculation about a megadeal.
topicBlackRock and Baillie Gifford bet big on Icon 3D printed homes
Icon, a 3D-printed homebuilder, raised $200 million in Series D funding led by BlackRock and Baillie Gifford, valuing the company