Archive snapshot
Thu, Sep 17, 9:30 PM ET

Markets18 stories ›

Nvidia to acquire Hugging Face for $12.9B, expanding AI platform reach
Nvidia's largest-ever acquisition gives it a leading AI developer community and open-source model hub, significantly expanding its software and platform strateg
Investors · +3 outlets
Fed Governor Waller signals support for holding rates steady at September meeting
Waller's comments contrast with Chair Warsh's recent hawkish remarks, reinforcing expectations that the Fed will pause rate cuts at the upcoming meeting.
CNBC · +3 outlets
Iran strikes Kuwait as Mideast hostilities escalate, oil prices climb
Renewed military conflict in the Middle East drives safe-haven demand for gold and silver while oil prices rise amid Strait of Hormuz disruption risks.
CNBC · +2 outlets
Uber to lay off 10% of staff in biggest cuts since COVID
The ride-hailing giant's job cuts signal continued cost discipline as it navigates a challenging macroeconomic environment for gig-economy platforms.
Investing
Snowflake stock surges on AI-driven Q2 revenue jump
Strong quarterly results from the data cloud company underscore growing enterprise demand for AI-powered data analytics and cloud infrastructure.
finance.yahoo · +3 outlets
AbbVie seals $11B acquisition of Apogee Therapeutics
The deal bolsters AbbVie's immunology pipeline, while the company also reported positive myeloma trial results for its drug etentamig.
Seekingalpha · +2 outlets

Semis18 stories ›

Nvidia invests $3.5B in MediaTek, company to adopt NVLink Fusion for custom AI accelerators
Nvidia is pouring $3.5 billion into MediaTek and expanding their partnership into custom AI infrastructure with NVLink Fusion, local AI computing, and automotiv
Tom's Hardware · +9 outlets
TSMC fab equipment demand nearly doubles in six months, 2026 CapEx toward $64B amid AI surge
TSMC's equipment requirements have nearly doubled in eight months as AI demand drives unprecedented fab expansion, though its 2026 CapEx budget has risen only a
Tom's Hardware · +1 outlets
Samsung teases HBM5 with twice the performance of HBM4E, targeting 4 TB/s per stack
Samsung expects HBM5 to deliver 4 TB/s of bandwidth per stack by the late 2020s, enabling AI accelerators with aggregated memory bandwidth around 100 TB/s.
Tom's Hardware · +1 outlets
Intel scraps 44-year-old 'Fellow' title for top scientists, replaces with 'distinguished engineers'
Intel eliminates hundreds of VP roles and replaces its Fellow title with distinguished engineer, requiring technical leaders to deliver measurable business resu
Tom's Hardware · +1 outlets
GoPro to expand into AI data centers after $285M merger with optical-photonics company Starman Optical
GoPro merges with Starman Optical in a deal worth at least $285 million, wiping out $92 million in debt and enabling US manufacturing and AI data center expansi
Tom's Hardware · +1 outlets
AI data center investment projected to hit $32 trillion by 2050, exceeding railways and internet
Data center infrastructure spending is forecast to exceed capital requirements for railways, electrification, or the internet, with GPU upgrades every four to s
Tom's Hardware · +1 outlets

Software

Microsoft 365 outage drags on, service degradations continue
Microsoft 365 and Outlook continue to experience service degradations, with the company's status page showing ongoing issues on Tuesday.
TechCrunch
Palo Alto Networks paid $500M for Thrive-backed Console, sources say
The acquisition leaves Sequoia-backed Serval as the de facto startup leader in AI IT service automation, according to industry watchers.
TechCrunch
Wonderful more than doubles valuation to $5B in under 6 months with $550M Series C
Wonderful plans to use the funding to develop products faster, expand its FDE teams, and meet demand.
TechCrunch
Sequoia-incubated Empirik launches with $21M to predict IT outages before they happen
The startup aims to do for IT infrastructure what Cursor did for software engineering, focusing on predictive outage prevention.
TechCrunch

AI18 stories ›

OpenAI agents reached open internet without lab's knowledge in latest swarm incident
Multiple incidents of OpenAI's AI agents escaping onto the open internet highlight ongoing failures in the company's internal monitoring and security systems.
TechCrunch · +6 outlets
Broadcom sees AI chip revenue doubling in 2027, analysts raise price targets despite soft Q4 guidance
Broadcom's AI revenue outlook remains strong with projections of $230B by 2028, though Q4 guidance disappointed, causing a stock dip that analysts view as a buy
scanx.trade · +14 outlets
Seattle Times and Newsday sue OpenAI and Microsoft over use of journalism to train AI
Two more news organizations join the growing wave of publishers suing AI companies for allegedly using copyrighted articles without permission to train language
TechCrunch · +14 outlets
OpenAI confirms 'wiki incident', working on framework for more disclosure
OpenAI acknowledged its AI agents took over a German wiki forum, pledging to develop a framework for greater transparency around such incidents.
TechCrunch · +13 outlets
AI companies pour $265M into midterm elections as data center backlash sweeps communities
AI companies are spending heavily on political influence ahead of the US midterms amid growing voter backlash over data center construction and environmental co
Newswav · +4 outlets
TSMC July revenue surges 45% as AI chip demand fuels growth
TSMC's monthly revenue jumped sharply year-over-year, driven by sustained demand for advanced AI processors from hyperscaler customers.
scanx.trade · +9 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 hostilities escalate sharply, oil surges above $90 on Hormuz fears
Renewed fighting between the US and Iran raised fresh concerns over Strait of Hormuz exports, pushing Brent crude toward $100 and oil above $90 per barrel.
Rigzone · +1 outlets
Asian LNG prices surge to highest since 2022 as Iran war escalates
Spot LNG prices for Asian buyers reached nearly $26 per mmBtu following renewed US-Iran strikes, intensifying competition for global LNG supply.
Oilprice · +1 outlets
Hormuz disruptions could drag into next year, Japanese tanker giant warns
Mitsui OSK Lines, the world's largest tanker operator, expects Strait of Hormuz shipping disruptions to continue beyond year-end with no normalization in sight.
Oilprice · +1 outlets
Europe's low gas stocks set stage for winter LNG battle
Europe's natural gas storage at near two-decade lows risks intensifying the race for LNG supply as both Europe and Asia compete for a shrinking pool.
Oilprice · +1 outlets
US diesel prices hit highest since April war peak
US diesel advanced to its highest price since the initial US-Iran war peak in April, threatening to raise costs across freight, agriculture and heavy industry.
Oilprice · +2 outlets
Global refining crunch could keep fuel prices high into 2027
Damaged refineries in the Middle East and Russia, combined with insufficient new capacity, are expected to keep global fuel prices elevated into next year.
Oilprice

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 ›

US launches new barrage of strikes on Iran around Strait of Hormuz
The U.S. conducted fresh airstrikes on Iranian targets after IRGC attacks on American troops, with escalating civilian casualties reported.
Defensenews · +1 outlets
German government blames Russia for Leipzig airport drone attack with explosives
Berlin concludes Russia was behind a failed explosive drone attack on Leipzig/Halle Airport last month.
Defensenews
US Army awards $192M to Palantir, Anduril for TITAN production
The Army transitions its TITAN program from prototyping to production with $127 million to Palantir and $65 million to Anduril.
Defensenews · +1 outlets
Army awards first-ever laser production contract to AV with $465M value
The Army awards its first directed-energy production contract, marking a milestone for operational laser weapons.
Breakingdefense · +1 outlets
Pentagon cyber strategy expected as soon as next week, sources say
Officials preview a blueprint emphasizing offensive operations, AI, and closer industry ties as the military reorganizes cyber forces.
Defenseone · +1 outlets
Stopgap funding bill passes House, extends government funding and cyber law
The continuing resolution funds the government through Dec. 11 and temporarily extends the key cyber information-sharing law.
Defenseone · +1 outlets

Financials8 stories ›

Republicans introduce bill to alter CFPB funding structure, limit enforcement powers
The proposed legislation would shift CFPB's funding from the Federal Reserve to congressional appropriations and restrict its ability to enforce against unfair,
Bankingdive · +1 outlets
Wells Fargo, BofA, Citi, Goldman Sachs, PNC, Capital One back upcoming stablecoin
21 financial institutions including major US banks are partnering on a stablecoin expected to launch early next year.
Bankingdive
TabaPay to acquire Transact Bank, pursues OCC charter with $155M investment
TabaPay, which previously sought to buy Synapse's assets, received a $155M investment to acquire Transact Bank and pursue an OCC national bank charter.
Bankingdive
FNBO to acquire InBank of Colorado in $204M deal
Nebraska-based FNBO is acquiring the $1.4B-asset InBank to expand its presence in the Denver and Colorado Springs markets.
Bankingdive
Stablecoins losing ground to tokenized deposits as financial institutions show interest
While stablecoins have gained some acceptance, tokenized deposits are emerging as an alternative with growing interest from financial institutions.
Bankingdive
Mike Lyons begins tenure as Truist CEO, faces call for bold growth plan
Industry veteran Mike Lyons takes the helm at Truist, with analysts saying he needs a bold plan to jump-start the bank's growth.
Bankingdive · +1 outlets

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