Archive snapshot
Tue, Aug 25, 9:33 PM ET

Markets18 stories ›

Dick's Sporting Goods shares plunge 30% after earnings miss, slashed outlook on 'challenging' footwear market
The retailer's record selloff dragged other footwear-related names as consumers sour on retro sneakers and demand deeper discounts.
US Top News and Analysis · +2 outlets
Canada unveils retaliatory tariffs on about $20 billion of U.S. goods after talks fail
Canadian trade negotiators left the U.S. without a deal that would stop President Trump's new tariffs from taking effect.
US Top News and Analysis · +1 outlets
Iran and Oman discuss joint shipping route in Strait of Hormuz, oil drops more than 3%
Iran and Oman discussed a proposal to establish a jointly managed shipping route through the Strait of Hormuz, as the U.S. shifts to economic pressure on Iran e
US Top News and Analysis · +2 outlets
SpaceX plans to build a $100 billion spaceport in Louisiana
SpaceX plans to establish Starbase, LA in Vermilion Parish to support thousands of launches annually, with construction set to start in 2027.
US Top News and Analysis · +1 outlets
Apple announces new Mac Mini and Mac Studio models with AI upgrades
Apple said developers can run and fine-tune large AI models locally on their Mac with the new chips and frameworks.
US Top News and Analysis
Amazon service Mechanical Turk, which Bezos called 'artificial artificial intelligence,' is shutting down
The service launched in 2005 as a way to farm out tasks that are easy for humans to complete but too challenging for computers.
US Top News and Analysis

Semis18 stories ›

Nvidia reportedly warns biggest customers of 15% price hikes on AI servers due to soaring memory costs
The increases will affect Grace Blackwell and Vera Rubin systems shipping early next year as DRAM costs continue to rise.
Latest from Tom's Hardware
Nvidia B300 GPU smuggling ring indicted in Taiwan; nine accused of five-point strategy to evade customs
Prosecutors allege a coordinated scheme to illegally export Nvidia B300 servers to China, bypassing export controls.
Latest from Tom's Hardware · +1 outlets
Nvidia in talks to invest in or acquire Korean AI inference startup Rebellions
The potential deal signals Nvidia's pivot toward inference as AI workloads shift from training to deployment.
EE Times
Nine indicted by Taiwan over illegal export of Nvidia B300 GPUs to China
A new report claims nine people have been indicted over the illegal smuggling of Nvidia B300 servers to China.
Latest from Tom's Hardware
Nvidia GB300-powered DGX Station desktop tower listed online for nearly $100,000
Nvidia's most powerful desktop AI workstation, featuring GB300 Grace Blackwell silicon, is available from $94,930.
Latest from Tom's Hardware · +1 outlets
Hot Chips 2026: Intel Xeon 7 'Diamond Rapids' detailed with up to 256 P-cores, 1.28 GB last-level cache on 18A-P
Intel disclosed its next-gen Xeon server CPU at Hot Chips, featuring massive core counts and UCIe-S interconnects.
Latest from Tom's Hardware

Software11 stories ›

Amazon hikes prices on Echos, Kindles, Fire TVs as much as 60%
Amazon raises prices across its hardware lineup including Echo, Kindle, and Fire TV devices, with increases of up to 60% on certain models.
Latest news · +1 outlets
Googlebook AI-first laptop nears launch, faces challenge of avoiding Copilot+ PC stumbles
Google's upcoming AI-first laptop, dubbed 'Googlebook,' is expected to launch soon and will need to differentiate from Copilot+ PCs that have underwhelmed.
Latest news
Deloitte: Only 15% of US organizations have scaled agentic AI adoption, businesses must reinvent processes
New Deloitte research finds most businesses have not yet reached scaled multi-agent AI deployment, indicating a wide gap between experimentation and production.
Latest news
Meta launches free vibe coding app for creating mini games with no experience needed
Meta's new no-code app lets users build their own games and gizmos, making game creation accessible to beginners.
Latest news
Fairphone 6+ arrives in the US at $649 with 11 swappable parts and $40 replacement battery
Fairphone's latest modular, repairable smartphone is now available in the US market for the first time.
Latest news · +1 outlets
ChatGPT Work: How to use OpenAI's agentic AI for research, files, and multistep projects
OpenAI's ChatGPT Work brings agentic AI capabilities to handle complex tasks, with tips for getting started.
Latest news · +1 outlets

AI13 stories ›

General Intuition in talks to raise at $6B valuation, pushes into robotics
The AI startup building foundation models for generalized AI agents is seeking new funding from Valor Ventures and Point72.
AI News & Artificial Intelligence
OpenAI's Jalapeño inference chip outperforms state-of-the-art on benchmarks
OpenAI's in-house chip demonstrated higher tokens per user and throughput per kilowatt than current alternatives on SemiAnalysis' InferenceX benchmark.
AI News & Artificial Intelligence
OpenAI loses top data center exec as high-profile departures continue
The departure follows a reshuffle of OpenAI's infrastructure org that shifted reporting lines away from President Greg Brockman.
AI News & Artificial Intelligence
Hugging Face reportedly in talks to be acquired for $13B
The AI community platform has been fielding acquisition offers, though founder sentiment about community responsibility may complicate a sale.
AI News & Artificial Intelligence
Robotics startup Generalist reaches $3B valuation after $200M extension
The physical AI startup doubled its valuation in just months with a new funding round.
AI News & Artificial Intelligence
Stability AI raises $76M in fresh funding for Stable Diffusion
The image generation company's total fundraising now stands at $232 million.
AI News & Artificial Intelligence

Biotech18 stories ›

Bristol Myers Squibb wins FDA accelerated approval for Zenbexus/CELMoD in multiple myeloma
FDA grants accelerated approval to BMS's first-in-class CELMoD therapy Zenbexus (iberdomide) in combination for relapsed/refractory multiple myeloma, supporting
Sahm · +12 outlets
Capricor shares surge 67% after FDA signals openness to revised Deramiocel filing for Duchenne MD
Capricor plans to amend its BLA for deramiocel after an adcomm setback, with the FDA indicating flexibility, sending shares sharply higher.
finance.biggo.com · +5 outlets
Replimune raises $150M, rehires commercial team to fund TUDRIQEV launch after FDA reversal
Replimune raises $150 million to support the launch of its approved melanoma therapy TUDRIQEV and a required confirmatory trial after an FDA reversal.
The Business Journals · +2 outlets
Moderna secures US FDA approval for mRNA flu vaccine, revenue not expected before 2027
Moderna receives FDA approval for its mRNA-based influenza vaccine, though the company does not anticipate meaningful revenue until 2027.
TechStock² · +14 outlets
Compass Pathways achieves primary endpoint in Phase 3 treatment-resistant depression trial, shares rise 23%
COMPASS Pathways' psilocybin therapy meets its primary endpoint in a Phase 3 trial for treatment-resistant depression, boosting investor sentiment and drawing c
Stocktwits · +14 outlets
GLP-1 drug competition: Eli Lilly vs Novo Nordisk and the impact on patients
Ongoing competitive dynamics between Eli Lilly and Novo Nordisk in the GLP-1 weight loss drug market intensify, with implications for drug pricing, working capi
International Business Times, Singapore · +14 outlets

Energy18 stories ›

US Treasury expands Iran sanctions as 'economic D-Day' campaign escalates
The Trump administration detailed its 'economic D-Day' secondary sanctions campaign against Iran, threatening foreign firms with exclusion from US financial sys
Oilprice.com · +2 outlets
Iran blacklists 45 tankers at Strait of Hormuz in retaliation against US sanctions
Iran retaliated against Washington's looming 'economic D-Day' by blacklisting 45 oil, LNG, LPG and product tankers using the Strait of Hormuz, threatening fines
Oilprice.com
Houthis target Saudi oil tanker Amzan in Red Sea missile and drone attack
Yemen's Houthis attacked the Saudi oil tanker Amzan in the Red Sea with a ballistic missile and drones, confirmed by Saudi Arabia.
Oilprice.com · +1 outlets
TotalEnergies backs two major oil pipelines to bypass Strait of Hormuz
TotalEnergies will invest in two pipelines designed to bypass the Strait of Hormuz, supporting Abu Dhabi's Fujairah export route and a planned pipeline from Ira
Oilprice.com
China oil demand 'very likely' peaked in 2025, says Sinopec
China's oil demand probably peaked last year, earlier than previous estimates, according to the head of Sinopec, the nation's top refiner.
Rigzone.com
Iran-linked cyberattack tests Britain's energy defenses
Hackers linked to the Iranian regime carried out an attack on a UK energy facility that was shut down for four days, believed to be the first successful Iranian
Oilprice.com · +1 outlets

Clean Energy18 stories ›

Tesla confirms Cybercab launch event Sept. 3 in Austin
Tesla plans an invite-only launch of its Cybercab robotaxi in Austin on September 3, sending invitations to top robotaxi rider sweepstakes scorers.
Electrek · +2 outlets
Tesla gets Nevada robotaxi permit for 10 vehicles
Nevada approved Tesla's robotaxi permit for an initial 10 vehicles, a step toward the company's planned 5,000-robotaxi deployment in Clark County.
CleanTechnica · +1 outlets
Tesla raises Cybertruck price $5,000 despite weak demand
Tesla quietly raised the Cybertruck's starting price by $5,000 to $74,990, even as sales struggle.
Electrek · +1 outlets
BYD opens orders for flagship electric sedan Great Han with 1,000+ km range under $40,000
BYD's new flagship EV offers over 1,000 km range starting below $40,000, pushing the price-to-range benchmark lower.
Electrek · +1 outlets
Tesla loses another senior chip engineer to ex-Dojo startup DensityAI
Shishuang Sun, a Tesla AI hardware architect who worked on Dojo and Autopilot, joins DensityAI, an AI hardware startup formed by former Tesla Dojo staff.
Electrek · +1 outlets
Tesla robotaxi service draws complaints from fans after 66-minute 2.3-mile ride
A self-described Tesla Ambassador reported a 66-minute, 2.3-mile robotaxi ride that dropped him 3 miles from his destination, adding to negative rider experienc
Electrek

Defense17 stories ›

UK provides Ukraine classified blueprints for long-range SCALP missiles
The UK shares sensitive missile technology with Ukraine amid rising UK-Russia tensions over support for Kyiv, and Prime Minister Burnham is also visiting Ukrain
Breaking Defense · +2 outlets
Hypersonics and rocket startup Ursa Major to go public via $2.3B SPAC deal
The company aims to scale production for defense and commercial hypersonic and launch customers through the public market transaction.
Breaking Defense
US cancels joint marine drills with South Korea due to Iran war force constraints
The cancellation of amphibious landing drills highlights US military strain from operations related to the Iran conflict, while tanker aircraft also depart Bulg
Defense News · +1 outlets
Navy reveals new long-range air-to-air missile designated 'Malice'
The missile is designed for 4th, 5th, and 6th generation aircraft, giving the Navy a new beyond-visual-range capability.
Breaking Defense · +1 outlets
Pentagon counter-drone task force plans shoot-off for directed energy prototypes
A live-fire demonstration event could lead directly to production orders for fielded counter-UAS directed energy systems.
Breaking Defense
Polish firm MESKO signs $2B deal to arm four NATO nations with MANPADS
Poland, Lithuania, Latvia, and Norway will receive man-portable air defense systems under the EU EDIRPA program, boosting European production capacity.
Breaking Defense

Financials

SEC charges two former investment bankers with insider trading
The SEC alleged an ex-Bank of America banker tipped a friend about a pending deal, generating an $18.5 million profit for the friend, who was also charged.
Banking Dive
Tioga-Franklin Savings Bank becomes fifth US bank failure of 2026
The Philadelphia-based bank, founded in 1873 and holding $68 million in assets, was acquired by Second Federal Savings and Loan Association.
Banking Dive · +1 outlets
Brazil's Itau receives conditional OCC approval for US bank charter
Latin America's largest bank plans to serve high-net-worth individuals through a single Miami branch offering deposits, mortgages and credit cards.
Banking Dive · +1 outlets
Citi reports $647.2 billion in sustainable finance since 2020, sets new 2030 targets
The bank highlighted its sustainable financing commitments and noted CEO Jane Fraser sees resilience as a competitive necessity for clients.
Banking Dive
Truist targets mass-affluent customers in wealth-transfer push
The Charlotte-based bank is hiring more premier-level advisers and positioning its mass-affluent segment as a feeder to its wealth management business.
Banking Dive

Consumer15 stories ›

Walmart to accept Apple Pay, Google Pay at stores
Walmart will allow tap-to-pay via Apple Pay and Google Pay at select locations, rolling out to all stores by year-end, ending its long resistance to the payment
Retail Dive
Walmart expands 30-minutes-or-less delivery as speed drives demand
Customers are flocking to Walmart's faster fulfillment options despite added charges, as the retailer expands its quick delivery services.
Retail Dive · +1 outlets
Starbucks Unicorn Frappuccino return drives biggest sales weekend ever
The limited-time drink was available for just two days and drove 28.5% higher traffic than a typical Saturday for the chain.
Restaurant Dive
Target apologizes for Halloween costume critics call racially offensive
Target faces backlash over a costume described as evoking racial stereotypes, over a year after the company's DEI changes made headlines.
Retail Dive · +1 outlets
Walmart goes all in on boho style with new private label Scenario
Scenario will launch in all stores across five departments, representing one of the broadest category footprints in Walmart Fashion.
Retail Dive
Burger King scraps 'rubbery' chicken nuggets for new recipe
The RBI chain updated its breading, marinade, sauces and packaging in a comprehensive overhaul to make its nuggets juicier and crispier.
Restaurant Dive · +1 outlets

Industrials13 stories ›

Canada retaliates with tariffs up to 50% on US imports as Trump's levies take effect
The US and Canada failed to reach an agreement before a tariff deadline, with each side imposing escalating duties on goods including steel, autos, and agricult
Manufacturing Dive · +1 outlets
Deere expects tariff costs to step up in 2027 despite $380M in refunds
The farm equipment maker faces higher duty expenses next year even after tariff refunds reduced its 2026 liability to $750 million.
Supply Chain Dive
USPS announces 6% rate increase for 2026 peak holiday season
The rate bump applies to Ground Advantage, Priority Mail and other package services starting Oct. 4, ahead of the holiday shipping surge.
Supply Chain Dive
Cleveland-Cliffs to invest $1B in Middletown blast furnace, reversing plan for low-emissions tech
The steelmaker's decision to keep coal-powered infrastructure drew criticism from environmental groups who said federal tax dollars were meant for cleaner techn
Manufacturing Dive
BJ's Wholesale Club to cut SKUs by 20% to simplify inventory
The retailer aims to reduce its assortment to 6,000-6,500 SKUs after previous reduction efforts, hoping to streamline operations.
Supply Chain Dive · +1 outlets
Intel report finds gap between robotics expectations and readiness in manufacturing
While 70% of manufacturing leaders expect to manage a robot fleet within five years, only about 40% have a formal strategy for a mixed human-robot workforce.
Manufacturing Dive

Materials18 stories ›

China state iron ore buyer CMRG inks year-long supply deal with Anglo American
China's state-backed iron ore buyer CMRG secured a one-year supply agreement with Anglo American for South African iron ore, expanding Beijing's influence over
discoveryalert.com.au · +4 outlets
China asks iron ore traders to move purchases to its own platform CMRG
China's state buyer CMRG is instructing some traders to route iron ore purchases through its own platform, tightening state control over the country's massive i
steelradar.com · +7 outlets
US DOJ and CFTC investigate iron ore trader Radiant World's deals
The US Department of Justice and Commodity Futures Trading Commission are investigating dealings by iron ore trader Radiant World, according to Newsquawk.
Newsquawk · +6 outlets
BHP shares slide 3%, down ahead of upcoming earnings as iron ore prices weigh
BHP shares fell over 3% amid broader weakness in mining stocks, with investors focused on the company's upcoming earnings report and softer iron ore prices.
Kalkine · +9 outlets
Parliament passes MMDR Amendment Bill curbing states' mineral levies on mining
India's Parliament passed the Mines and Minerals (Development and Regulation) Amendment Bill, limiting states' ability to levy taxes on minerals, with the gover
The Indian Express · +3 outlets
Exxaro flags up to 23% earnings fall on lower Sishen, BMM income; shares sink
South African coal and iron ore miner Exxaro warned of an earnings decline of up to 23% due to lower income from its Sishen iron ore mine and BMM operations, co
miningmx.com · +1 outlets