Archive snapshot
Thu, Sep 3, 9:32 AM ET

Markets18 stories ›

Nvidia agrees to buy Hugging Face for almost $13 billion, expanding further up AI stack
The acquisition would give Nvidia a leading AI developer platform and community, deepening its reach beyond chips into the tools layer of AI development.
CNBC
Iran strikes Kuwait as Trump says renewed Mideast hostilities will not last 'too long'
Missile and drone attacks from Iran on Kuwait escalate the regional conflict, driving oil prices to fresh six-week highs.
CNBC · +2 outlets
Oil prices hit fresh 6-week highs on renewed Middle East tensions
Renewed Iran-Kuwait hostilities push crude higher, adding to inflation and energy supply concerns.
Reuters · +14 outlets
10-year U.S. Treasury yield hits highest level since November 2023
Global bond yields surge on inflation fears, oil shocks, and high government debt issuance, raising borrowing costs worldwide.
CNBC · +5 outlets
Broadcom's outlook shows surging AI chip sales
Broadcom posted strong guidance driven by AI chip demand, though some investors wanted an even larger beat.
Barron's · +13 outlets
Trump puts tariffs of up to 100% on foreign-made drones
The new tariffs target foreign drone imports, including Chinese-made commercial and military drones, as part of trade policy escalation.
The New York Times · +14 outlets

Semis18 stories ›

Nvidia pours $3.5B into MediaTek, company will adopt NVLink Fusion for custom AI accelerators
Nvidia's massive investment in MediaTek signals a deepening partnership into custom AI infrastructure, local AI computing, and automotive platforms, expanding t
Tom's Hardware · +7 outlets
TSMC fab equipment demand nearly doubles in six months, AI surge pushes 2026 CapEx toward $64B
AI-driven demand for advanced chips is causing TSMC's equipment needs to surge, straining tool supply and pushing capital spending higher.
Tom's Hardware
Nvidia DLSS 5 launches September 3 with NBA2K27, available on all RTX 50 series GPUs
Nvidia's controversial DLSS 5 upscaling and frame generation technology officially launches, drawing both developer criticism over AI reliance and community tes
Tom's Hardware · +1 outlets
Samsung teases HBM5 with twice the performance of HBM4E, targeting 4 TB/s per stack
Samsung's ambitious HBM5 roadmap aims for 4 TB/s bandwidth per stack by late 2020s, potentially enabling AI accelerators with aggregated memory bandwidth around
Tom's Hardware
AI data center investment projected to hit $32 trillion by 2050, exceeding railways and electrification
A long-term projection forecasts AI data center infrastructure spending will surpass historic capital requirements for railways, electrification, or the interne
Tom's Hardware · +1 outlets
Intel scraps 'Fellow' title for top scientists, changes standard of technical leadership
Intel eliminates its long-standing Fellow title for technical luminaries, requiring top scientists to deliver measurable business results and strategic impact a
Tom's Hardware · +1 outlets

Software18 stories ›

3 surveys find agentic AI adoption held back by governance gaps, not technology
Multiple surveys indicate scaling AI in business faces challenges around accountability, governance, and human-agent relationships rather than technical limitat
Latest news · +1 outlets
AI agent at cost-management vendor runs up $4,000 bill with 4,819 calls over 4 days
Even firms selling AI cost-control tools can lose track of agent spending, highlighting a broader industry challenge around AI expense governance.
Latest news · +1 outlets
Unit 42 report warns AI enables low-skilled threat actors with state-level capabilities
AI is a force multiplier for hacktivists and low-skill attackers, granting them the same sophistication as state-sponsored groups.
Latest news · +1 outlets
Class action lawsuit claims Oura sleep tracking has 'coin flip's chance of being correct'
A lawsuit alleges Oura's sleep-tracking sells faulty AI-based inference as reliable science.
Latest news · +1 outlets
Apple's Siri AI creates a 'new toxic hellstew' over regulation and data privacy, analyst argues
Analyst contends Apple faces battles over regulation, litigation, and data safety as it builds out Siri AI.
Latest news · +1 outlets
91% of professionals say their firms still fall short on AI, Thomson Reuters research finds
Research indicates a gap between AI ambition and ground-level reality, with recommendations for focused use cases.
Latest news · +1 outlets

AI15 stories ›

Nvidia reportedly agrees to buy Hugging Face for $12.9B
The acquisition would let Nvidia protect its chip dominance and re-enter the cloud business by owning the popular open source AI hub.
AI News & Artificial Intelligence · +1 outlets
Neocloud Lambda raises $1B in private debt to buy Nvidia AI chips for Microsoft
The latest in a string of loans underscores the enormous capital costs of the AI infrastructure boom.
AI News & Artificial Intelligence · +1 outlets
OpenAI, Anthropic, Google and 100 other companies call for action against rogue AI threats
Major AI companies are banding together to promote a new cybersecurity solution they say can defend against a new generation of AI-powered cyber threats.
AI News & Artificial Intelligence · +1 outlets
Anthropic wins court ruling against Pentagon's supply-chain risk label
A federal judge ruled the Trump administration illegally labeled Anthropic a supply-chain risk, as the company's second Pentagon lawsuit continues.
AI News & Artificial Intelligence · +1 outlets
Anthropic researcher demonstrates self-improving AI on misaligned behavior benchmarks
Automated systems improved performance on all 10 misaligned behavior benchmarks without degrading overall performance, offering a glimpse at self-improving AI.
AI News & Artificial Intelligence · +1 outlets
Meta executive Sandhya Devanathan leaves for OpenAI
The former Meta India head will oversee some OpenAI operations across Southeast Asia and Australia.
AI News & Artificial Intelligence · +1 outlets

Biotech18 stories ›

FDA approves Takeda's MIMRYLO (rusfertide) for polycythemia vera, a first-in-class treatment
First-ever FDA approval of an injectable hepcidin mimetic for polycythemia vera, marking a shift in the treatment paradigm for the rare blood cancer.
CancerNetwork · +12 outlets
Eli Lilly's Mounjaro wins FDA approval for cardiovascular risk reduction in type 2 diabetes
FDA expands Mounjaro's label to include reducing risk of heart attack and stroke in type 2 diabetes patients, broadening the GLP-1 drug's market.
Sahm · +14 outlets
Pancreatic cancer drug daraxonrasib (Revolution Medicines) gets FDA approval, nearly doubling survival
The FDA approves Revolution Medicines' oral RAS inhibitor daraxonrasib (now RMC-4630) for pancreatic cancer, a landmark for a notoriously hard-to-treat cancer.
The Eastern Herald · +13 outlets
Alnylam's vutrisiran cuts decline risk by 52% in heart amyloidosis analysis
New analysis of Phase 3 data shows vutrisiran significantly reduces risk of decline in transthyretin amyloidosis with cardiomyopathy.
Stock Titan · +1 outlets
Hair loss drugs become Wall Street focus as Bloomberg calls them the next goldmine
Growing investor interest in alopecia treatments as a potential blockbuster market, with some related stocks surging.
Bloomberg.com · +7 outlets
Intellia Therapeutics (NTLA) jumps on positive late-stage data for gene-editing therapy
Premarket surge for NTLA after positive late-stage trial readout for its CRISPR-based gene-editing therapy.
Stocktwits · +5 outlets

Energy18 stories ›

US-Iran Strikes Escalate, Oil Holds Above $90 as Strait of Hormuz Traffic Plunges
Renewed US-Iran fighting, including strikes on tankers and bases, pushed crude oil above $90 and slashed Strait of Hormuz traffic to four ships, raising global
Oilprice · +13 outlets
Chevron Commits $7 Billion to Double Venezuela Oil Output to 600,000 bpd Under US Deal
Chevron plans more than $7 billion in investment to double Venezuelan production following a US deal giving Washington control over a fifth of the country's oil
Oilprice · +14 outlets
Trump Presses US Refiners to Boost Gasoline Output as Pump Prices Rise
President Trump met with oil executives at the White House, pressing them to lower gasoline prices amid war-driven crude spikes.
Rigzone · +14 outlets
US Crude Oil Inventories Drop 4.5 Million Barrels, SPR Depletion Continues
EIA data showed a larger-than-expected crude draw as the Strategic Petroleum Reserve moves closer to critical levels, tightening supply.
Oilprice · +14 outlets
Stocks Slip on Wall Street as Oil Surges and Bond Yields Jump on Inflation Fears
A broad selloff hit equities as rising oil prices fueled inflation concerns and pushed Treasury yields higher, snapping a three-day skid.
The Lufkin Daily News · +14 outlets
OPEC+ Expected to Hold Output Steady as Iran War Disrupts Supply
OPEC+ is likely to leave production policy unchanged at its October meeting, despite ongoing supply disruptions from the US-Iran conflict.
Oilprice · +14 outlets

Clean Energy18 stories ›

DC court blocks EPA attempt to revoke California clean air waiver
A federal court ruled against the EPA's effort to strip California's authority to set its own vehicle emissions standards, marking the second legal defeat for t
Electrek · +1 outlets
Tesla settles wrongful death lawsuit over 2023 Autopilot fire truck crash
Tesla reached a confidential settlement in a federal lawsuit alleging its Autopilot system caused a Model S to crash into a parked fire truck, killing the drive
Electrek · +1 outlets
EVs outsell petrol cars in Australia for the first time in August
Battery-electric vehicles captured 24.9% of the Australian new-car market in August, surpassing petrol sales, led by the Tesla Model Y.
Electrek
Tesla confirms Full Self-Driving was active in fatal Batavia crash
Tesla acknowledged that its Full Self-Driving system was engaged during a left-turn crash in Illinois that killed a passenger and mother of five.
Electrek
China now has more installed solar capacity than coal
China's solar power generation capacity has surpassed coal, supporting its booming EV market amid global energy price spikes.
Electrek · +1 outlets
Waymo opens robotaxi service to public in 3 new cities, now 14 total
Waymo expanded its driverless ride-hailing service to Denver, San Diego, and Tampa, bringing its total public robotaxi cities to 14.
Electrek · +2 outlets

Defense18 stories ›

Air Force awards Boeing $131 billion ceiling contract for F-15 production and modernization
The sole-source contract covers production, modernization and sustainment of F-15 fighters, one of the largest-ever aircraft deals.
Defense News
F-35 lifetime price tag dips below $2 trillion as buying costs rise
A Pentagon report shows the F-35 program's total cost falling under $2 trillion even though procurement costs increased by $51 billion.
Breaking Defense · +1 outlets
Key defense spending priorities awaiting Congress in September
Congress faces a packed agenda on defense funding including the Iran supplemental and FY27 budget debates.
Breaking Defense · +1 outlets
Submarine maintenance delays cost Navy $3.4 billion, GAO report finds
GAO estimates 15,000 operational days lost over 10 years due to US submarine maintenance delays, costing $3.4 billion.
Breaking Defense · +1 outlets
Pentagon awards X-Bow Systems contract for cheaper anti-ballistic interceptors
Pentagon seeks to develop a new anti-ballistic weapon for under $750,000 per shot, awarding a contract to X-Bow Systems.
Defense News · +2 outlets
Russia nearing cash depletion due to Ukraine war spending, report says
Bloomberg reports Russia's war spending pushed the state to the brink of running out of cash this spring.
Defense News

Financials7 stories ›

Fed Chair Warsh pledges to cut forward guidance, confirms 2% inflation commitment in Jackson Hole speech
Kevin Warsh used his first Jackson Hole address as Fed Chair to signal a shift away from forward guidance while reaffirming the 2% inflation target.
Banking Dive · +1 outlets
OCC and FDIC finalize rule to tighten scrutiny of material financial risks at banks
The banking agencies issued a joint rule clarifying material financial risk standards, drawing criticism that the changes weaken supervision.
Banking Dive · +1 outlets
Jes Staley testimony reveals he shared confidential JPMorgan information with Jeffrey Epstein in prison
Former JPMorgan executive Jes Staley's deposition in an Epstein-related case disclosed that he passed confidential info to the late financier while Epstein was
Banking Dive
ICBA CEO warns stablecoin bill creates deposit flight risk, sees no compromise on loophole
The Independent Community Bankers of America pushed to close a stablecoin loophole in the Clarity Act, citing rising deposit flight from lenient regulatory path
Banking Dive · +1 outlets
VALT Bank receives FDIC approval for deposit insurance, plans Q4 opening
The Idaho-based digital business bank, which already holds a conditional OCC charter, cleared its final regulatory hurdle and aims to launch later this year.
Banking Dive · +1 outlets
First Financial Indiana to acquire Hickory Point Bank and Trust for $111.3 million
The deal adds eight branches in central Illinois and pushes First Financial's assets to $6.9 billion.
Banking Dive

Consumer18 stories ›

Yum Brands closes sale of Pizza Hut to LongRange Capital for $1.5B
Yum Brands has completed the divestiture of Pizza Hut, allowing the pizza chain to pursue a turnaround away from public market pressures while Yum focuses on Ta
Restaurantdive · +6 outlets
Amazon hid surcharges in ad auctions, bilking brands of billions, FTC alleges
The FTC complaint alleges Amazon knowingly concealed fees in its advertising auction system, internal documents show the company was aware the practices could d
Retaildive · +5 outlets
7 Brew outbids Dutch Bros with $143M offer for Salad and Go units
The drive-thru coffee chain proposed to acquire half of bankrupt fast-casual Salad and Go's closed locations, topping a rival bid from Dutch Bros.
Restaurantdive
Victoria's Secret reports Q2 sales below estimates, stock drops 16.4%
The lingerie retailer's quarterly revenue fell short of analyst expectations, sending shares sharply lower.
StockStory
Dollar Shave Club acquires body care brand Truly Beauty
The acquisition brings together two direct-to-consumer personal care brands, which will retain their distinct identities and target different customer bases.
Retaildive · +1 outlets
Kohl's names Walmart fashion alum Ryan Waymire as chief merchant
Ryan Waymire, who held merchandising roles at Walmart, Wayfair, Amazon and Target, will replace Nick Jones as Kohl's chief merchant.
Retaildive · +1 outlets

Industrials10 stories ›

Manufacturing growth slows in August as economic concerns loom, ISM data shows
The Institute for Supply Management reported the manufacturing sector remained in expansion but warned of emerging warning signs, indicating a potential slowdow
Supplychaindive · +2 outlets
Boeing, Deere and US Steel navigate labor union contract negotiations
Boeing plans to resume contractual talks after Labor Day while U.S. Steel and Cleveland-Cliffs agreed to extend steelworker contracts by 30 days, highlighting o
Manufacturingdive · +1 outlets
Chobani to spend $1.2B to buy and invest in Pennsylvania plant from Keurig Dr Pepper
The Greek yogurt maker is purchasing the facility from Keurig Dr Pepper and converting it into a major new hub, expected to create more than 900 jobs.
Manufacturingdive · +1 outlets
UPS launches new global operating model and revamps executive roles
The carrier is standardizing key network processes to better serve shippers, with a company veteran leading the restructured operations.
Supplychaindive
SK Hynix, Stellantis, Innio and others announce manufacturing investments
Multiple companies across batteries, biotechnology, power generation, magnets, semiconductors and autos announced new manufacturing investments and expansions i
Manufacturingdive · +3 outlets
Sapporo USA to close craft brewing facilities and lay off 220 workers following Stone Brewing sale
The beer maker is transitioning its brewing operations away from California after selling Stone Brewing earlier this year.
Supplychaindive

Materials18 stories ›

Gold prices fall as Fed Chair Warsh warns inflation work unfinished, reviving September rate-hike bets
Gold and silver prices dropped after Fed Chair Warsh's hawkish Jackson Hole speech lifted September rate-hike odds to 60%, weighing on precious metals along wit
Mining.com · +4 outlets
Steel prices strengthen globally as demand outruns capacity, boosting FY27 outlook for Indian mills
Indian and global steel prices are recovering from a monsoon slump, with demand exceeding capacity and coking coal supply disruptions providing cost-push moment
BW Businessworld · +6 outlets
Rio Tinto H1 2026 earnings highlight strong results but iron ore worries cap stock
Rio Tinto reported strong first-half 2026 earnings, but ongoing concerns about iron ore demand kept the stock edging lower despite the results supporting a ~$18
AD HOC NEWS · +11 outlets
Indian steel prices rebound 12% as demand outpaces capacity, says Kotak
Kotak reported that Indian steel demand has outstripped capacity, driving a 12% price rebound from monsoon lows and supporting a stronger sector outlook for FY2
Whalesbook · +4 outlets
Energy Fuels completes acquisition of Australian Strategic Materials
Energy Fuels finalized its acquisition of Australian Strategic Materials, further consolidating its position in the rare earths and critical minerals supply cha
The Globe and Mail · +14 outlets
China spot iron ore prices extend gains on firmer portside sentiment
Spot iron ore prices in China continued rising as portside sentiment firmed, while Tangshan concentrate prices are expected to consolidate.
BigMint · +1 outlets