Archive snapshot · Markets
Mon, Sep 28, 9:32 PM ET
OpenAI scraps release of new AI model over internal safety concerns
The decision follows recent calls from AI lab leaders, including OpenAI's and Anthropic's, to slow the pace of frontier model development.
CNBC · +14 outlets
AMD to acquire Fei-Fei Li's World Labs for about $8.2 billion, names her chief scientist
The deal marks one of the chipmaker's largest AI bets and adds a prominent researcher to its leadership.
MarketWatch · +14 outlets
Nvidia adds $150 billion to share buyback, largest authorization increase in history
The repurchase program runs through January 2028 and the company framed it as confidence in its long-term opportunity.
CNBC · +14 outlets
Anthropic IPO prospectus warns AI may pose existential risks to humanity
The filing offers the first detailed look at the AI developer's costs and ambitions as it moves toward a listing.
Reuters · +13 outlets
Trump rejects Iran's plan to reopen Strait of Hormuz, oil prices surge
The move deepened supply uncertainty and pushed crude higher, adding to global inflation concerns.
Al Jazeera · +14 outlets
US stocks slide as Treasury yields hit multiyear highs and oil jumps
Rising bond yields, higher crude prices and AI jitters combined to pressure equities, with the Dow closing down 0.67%.
CNBC · +14 outlets
Boeing 737 Max 10 certification delayed by software issue, FAA says; shares fall
The delay adds to Boeing's certification backlog and weighed on the Dow.
CNBC · +13 outlets
Meta hires MongoDB CEO CJ Desai to lead new enterprise platform unit; MongoDB shares crater
Desai will report to Mark Zuckerberg as Meta builds out an enterprise AI business.
CNBC · +10 outlets
Paramount offers $44 billion debt package to fund Warner Bros. Discovery deal
The financing push comes as a judge weighs a settlement in the related litigation.
Deadline · +14 outlets
Treasury threatens crackdown on Wall Street tax-avoidance strategies
A new notice targets investment structures used to reduce tax bills, drawing attention from major banks.
AdvisorHub · +2 outlets
Fed watchdog flags apparent sensitive file breach by retiring staffer
The report raises questions about data controls at the central bank.
wsj.com · +2 outlets
SpaceX Starship reaches orbit for the first time on test flight
The milestone flight deployed Starlink satellites and advances the rocket's reusability program.
CNBC · +14 outlets
Samsung and affiliates invest $1 billion in KKR-backed AI infrastructure firm Helix
The investment expands Samsung's push into global AI data-center infrastructure.
CNBC · +13 outlets
AstraZeneca commits $2 billion to Summit Therapeutics, shares rise
The investment deepens a partnership in lung cancer drug development.
Seekingalpha · +6 outlets
Apple hit with record $5.7 billion patent verdict over haptics; Burford could gain $1.4bn
A US jury found infringement tied to iPhone and Apple Watch haptic technology.
Yahoo Finance · +8 outlets
Citi partners with Coinbase to expand digital-asset and stablecoin payments
The tie-up lets merchants accept stablecoins and broadens Citi's crypto footprint.
wsj.com · +14 outlets
Merck licenses SciBrunch KRAS G12D inhibitor for $400M upfront, up to $2.13 billion
The deal adds a targeted cancer asset from China to Merck's oncology pipeline.
Endpoints News · +1 outlets
FDA approves AbbVie's first-in-class Parkinson's drug Juvmo from Cerevel buyout
The approval validates AbbVie's $8.7 billion Cerevel acquisition.
Fierce Pharma · +1 outlets

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