The trading firm's massive loss highlights how concentrated the AI trade has become and its vulnerability to sharp reversals.

Nvidia's investment in SpaceX through xAI underscores the deepening cross-ownership between AI infrastructure providers and frontier AI companies.

A deal would reshape the digital payments landscape, combining two of the largest fintech platforms.

Weak consumer spending data raised concerns about economic growth, even as Treasury yields ticked higher.

The AI startup's explosive growth underscores investor demand ahead of a potential IPO, but its valuation targets rely on aggressive long-term projections.

The Trump-linked stablecoin issuer received preliminary approval for a national trust bank charter, drawing scrutiny over regulatory independence.

Reddit's addition to the benchmark index triggers a sharp rally and triggers index fund buying.

The Trump administration escalates rhetoric on sanctions while Navy addresses carrier logistics amid the Iran conflict.

The conglomerate's 13F filing reveals increased exposure to tech, airlines, and housing stocks during Q2.

C-suite turnover at the AI leader is casting doubt on management stability as it eyes a landmark public offering.

Geopolitical risk in the Middle East continues to support oil prices amid a prolonged US-Iran confrontation.

Cooling PPI data drove the S&P 500 to a new record, with memory stocks leading on AI demand optimism.

The Chinese AI firm's price hike signals rising costs in the AI model market and reduced subsidy of inference.

Partnerships with major asset managers show how AI compute buildout is being funded through leveraged capital structures.

Regulatory crackdown on prediction markets intensifies as a state judge rules Kalshi's sports wagers are illegal gambling.

The recall's highest-risk designation signals serious salmonella contamination across a large supply chain.

Americans are increasingly pessimistic about the economy, with affordability strains deepening across income groups.

California regulators greenlit a major expansion of Waymo's autonomous ride-hail service across the Bay Area and Sacramento.