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Why Palantir Stock's Massive Breakout Was Old News
This article was written by Doug Nathman, with research by his team at Trefis.
Anthropic gets its first court win over the Pentagon's supply chain risk label
A federal judge in California ruled on Thursday evening that the Trump administration's designation of Anthropic as a supply chain risk was illegal.
5 Things to Know Before the Stock Market Opens on Friday
Stocks are pointing to a quiet open Friday as investors look ahead to a speech from Federal Reserve Chair Kevin Warsh; the central bankers is scheduled to speak this morning at the annual Jackson Hole...
Gold eases as Warsh, payroll revisions test Fed trade - Kitco AM Report
Spot gold prices are modestly lower and spot silver prices are sharply higher in early U.S. trading Friday, as traders held gold near the $4,600 area ahead of Fed Chair Kevin Warsh's Jackson Hole spee...
Tesla Stock Has Trailed the S&P 500 for 5 Years. There Are 3 Reasons Why.
Don't look now, but Tesla stock has become a laggard. It's down 21% this year.
Hybrid Power Solutions Inc. to Exhibit at Public Works and Defence Industry Conferences
Company to Showcase Fuel-Free Portable Power at APWA PWX 2026 in Houston and as Part of Canada's Official Delegation at MSPO 2026 in Poland Toronto, Ontario – TheNewswire - August 28, 2026 – Hybrid ...
BitGo to acquire NYDIG's institutional trading business as crypto trading rebounds
The crypto infrastructure firm BitGo has agreed to buy the institutional trading business and related assets of NYDIG, CNBC has learned. BitGo is expanding its institutional capabilities just as activ...
Meta executive leaves for OpenAI as the social media giant faces growing scrutiny in India
Meta's India and Southeast Asia vice president, Sandhya Devanathan, is leaving the social media giant to join OpenAI, the ChatGPT maker told TechCrunch.
PURR stock price forecast as Hyperliquid's HYPE token hits a record high
Hyperliquid Strategies (PURR) stock continued its strong rally, reaching a new record high as the HYPE token rally gained steam. PURR jumped to $14.15, up by over 140% from its lowest point in July, b...
A researcher joked that working at OpenAI ages you. Now colleagues are posting their before-and-after photos.
An OpenAI Codex lead joked that the lab's pace can make workers feel years older in days. After the post went viral, his Codex colleagues began sharing their own before-and-after photos.
Yen Intervention Could Bring Growth With Japan Opportunities ETF
The recent coordinated effort by U.S. and Japanese monetary authorities to prop up the sagging yen understandably rattled global markets. While critics claim that the positive effects of the US/Japan ...
Why It's Time to Add Equities Exposure in Active ETFs
Investors are used to a swirling mass of scary headlines and geopolitical and monetary risk. Yen carry trade and yield concerns, however, may have some feeling of trepidation.
St-Georges Provides Second Bi-Weekly Update on Management Cease Trade Order
Montréal – TheNewswire - August 28, 2026 – St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1) is issuing its second bi-weekly default status report in accordance with National Policy 12-...
Surprise Macs?! This Is Not Apple's Typical Playbook | One More Thing
Apple has news to “surprise” us on Sept 9, but what do you mean there's a new Mac Mini with M6 chip suddenly on sale? Don't count on a typical September from Apple.
SpaceX Sales Will Soar to $3.5 Trillion, Says Musk. How It Gets There.
Elon Musk recently predicted $1 trillion in annual SpaceX revenue by the end of the decade. He sees a much higher number by 2033.
This Bitcoin Miner Sees AI Cloud Revenue Grow 110%. Why the Earnings Selloff Could Be a Time to Buy.
Iren, which has moved to the AI compute business from Bitcoin miner, is falling on earnings but it could be a buying opportunity, according to one Wall Street firm.
Explainer: Can Volkswagen sidestep board opposition to push through its overhaul?
Volkswagen's supervisory board is meeting in a week's time to discuss its biggest ever turnaround plan that has pitted management against unions and the state of Lower Saxony, its second-biggest shar...
Warsh's Silence Could Be Louder Than Marvell's Earnings
Stock markets brace for the Fed's Warsh to speak at Jackson Hole as inflation fears grow, Warren Buffett praised for his role as Berkshire's chairman, and more news to start your day
Nvidia's potential Hugging Face deal shows how far it's moved from its GPU roots
This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here.
BYD's Overseas Push Drives Quarterly Profit Growth
BYD's net profit rebounded despite slightly lower revenue in the second quarter, showing that the world's top electric-vehicle seller may have turned a corner with the help of its rapid expansion over...
PayPal's stock sinks as suitors reportedly walk away from their takeover bid
Reports of a takeover offer have propped up PayPal's stock in recent months, but now the company may have to execute a turnaround on its own.
Gap shares jump after Old Navy brings in new CEO to revive brand
Gap's shares rose about 14% premarket on Friday after the apparel retailer named industry veteran Michael Francis as CEO of Old Navy, a move aimed at reinvigorating the brand in a challenging spendin...
US FDA approves Lilly's Mounjaro to reduce cardiovascular risk
Eli Lilly said on Friday the U.S. FDA has approved its diabetes drug Mounjaro to lower the risk of major adverse cardiovascular events in adults with type 2 diabetes who are at high ri...
PayPal stock reels as $53 billion buyout bid from Stripe, Advent unravels: what next?
PayPal stock suffered a sharp reversal in premarket trading after Stripe and Advent abandoned their much hyped bid to acquire the company. PYPL fell to $53, a decline of nearly 15% from its high this ...
Detroit despairs as ‘insanity' of Trump's Canada trade war punishes city
Unpopular new policy comes as midterms loom and control of Congress could be decided by several Michigan races
Imax says it's open to a sale. Why is no one buying?
In December, Imax CEO Rich Gelfond opened the door to a sale. Yet, no major suitors have appeared despite the company's record box office success and strong stock growth.
The Tech Download: BlackBerry lost the phone war. Now it's betting on cars and robots
BlackBerry was once one of the biggest phone makers in the world, but its business today looks vastly different from what it was two decades ago. While well below its 2008 highs, BlackBerry's share pr...
Marc Benioff is getting his mojo back as Salesforce's AI strength quiets skeptics
Salesforce CEO Marc Benioff has repeatedly shot back at critics who say the company is doomed because of artificial intelligence. Wall Street wasn't buying his story until the company's beat-and-raise...
BioCryst is profitable. Now it wants to buy more rare disease drugs
BioCryst expects up to $645 million in 2026 sales from its HAE drug Orladeyo, giving it capital to pursue external deals. As large drugmakers prioritize multibillion dollar assets, small and midsize b...
What Meta bought with its $18 billion settlement
Meta's new restrictions on teen accounts come with some convenient exceptions. A version of this story appeared in the BI Tech Memo newsletter.
Marvell shares slide as concerns over timing of Google AI deal revenue eclipse strong results
Marvell Technology's shares fell 8% to $223.1 in premarket trading on Friday as concerns about the potential upside from its AI chip deal with Google overshadowed better-than-expected results from t...
Marvell stock sinks 8%: is its $120B Google deal taking too long to pay off?
Marvell Technology stock (NASDAQ: MRVL) sank nearly 8% in Friday premarket trading as investors looked past another solid quarter and focused instead on when its enormous Google AI-chip opportunity wi...
Advent, Stripe Abandon $50 Billion Pursuit of PayPal
The blockbuster PayPal buyout could be off. Advent International and Stripe have reportedly walked away from their pursuit of the payments pioneer, ending months of speculation over a deal that would ...
Coherent, Lumentum, and Other Hot AI Stocks Are Falling Today. They Shouldn't Be.
Stocks often fall in sympathy after a rival or peer's disappointing earnings. It's got to stop.
Charles Payne: Nvidia has the crowd on its feet
FOX Business host Charles Payne discusses Nvidia's blowout earnings report on ‘Making Money.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #makingmoney #charlespayne #payne #nv...
Abercrombie Share Rebound Could Show Gap The Playbook Forward
Abercrombie & Fitch has spent much of 2026 reminding investors that a retail turnaround is not necessarily finished when the stock starts falling.
Is Anthropic worth $2 trillion? Here's how the company is trading in a new tokenized market.
Not all fund managers are convinced by the valuation but perpetual futures are already pricing Anthropic
Another Day, Another Software Stock Surging 20%
Shares of Elastic jump after the software developer beats analysts' earnings target and hikes its guidance.
Marvell shares tumble 8% as outlook underwhelms despite 37% revenue growth
Marvell Technology fell in premarket trading as its fiscal 2028 outlook underwhelmed investors. The chipmaker reported Thursday that its second-quarter revenue jumped 37% year-on-year.
Didi plans to invest over $200 million in Argentina, manager says
Chinese ride-hailing company Didi Global expects to invest more than $200 million in Argentina this year to launch new services in smaller cities and develop safety technology, its country manager t...
Eurozone Businesses More Upbeat Despite Prolonged War in Middle East
Businesses and consumers felt more positive about their prospects in August, a boost for demand in the face of persistent uncertainty about the duration and intensity of the Iran war.
Nvidia, AMD, Intel stocks slide premarket: why investors are suddenly taking profits
Nvidia, AMD and Intel stocks fell in Friday premarket trading as investors took money off the table less than 24 hours after Nvidia's blockbuster earnings sparked a semiconductor rally. Nvidia and AMD...
Success after a century of failures: Inside Moderna and Merck's cancer vaccine breakthrough
Stephane Bancel, CEO of Moderna , was at a Lebanese restaurant celebrating a friend's birthday late on August 13 when he got the call.
Meituan Returns to Profit as Food-Delivery Competition Eases
The results snapped a three-quarter streak of losses for the Chinese shopping-and-delivery platform.
Cytokinetics eyes expanded use of heart drug after promising late-stage data
Cytokinetics said on Friday detailed late-stage data showed its drug, aficamten, significantly improved symptoms and exercise capacity in patients with a genetic heart condition that currently has no...
PayPal Stock Drops 14% on Bid Collapse. 2 Reasons Its Turnaround Could Pay Off.
PayPal stock was diving on a report that takeover talks have ended but there is still reason for optimism.
Federal Judge Blocks Pentagon's ‘Illegal' Designation Of Anthropic As A Supply Chain Risk
Thursday's ruling is a major legal win for Anthropic in its clash with the Pentagon and the Trump administration. The company has also filed a second lawsuit on the matter before the D.C.
China's Tencent releases new open-source AI model for coding, research tasks
Tencent released a preview version of a new open-source AI model aimed at tasks such as software engineering, research and financial analysis, according to its post published on Friday on Hugging F...
Nvidia is bolstering support for Chinese open AI models
CNBC's Kai Nicol-Schwarz discusses how Nvidia is bolstering support for Chinese open AI models, even as it warns of potential restrictions from the White House.
Take-Two shares move higher pre-market as gamers get first look at GTA 6
Gamers got their first look at gameplay of the latest Grand Theft Auto title in a release on Netflix, with Christopher Dring, Editor-in-Chief and Co-Founder of The Game Business, calling the game a si...
The L3Harris Shake-Up Is an Opportunity to Bet on Missile Rearmament
The defense contractor's shares have had a punishing year amid headlines that don't hurt its solid fundamentals.
PayPal shares fall after report Advent, Stripe consortium abandons takeover pursuit
PayPal shares slumped 13% in premarket trading on Friday, after Bloomberg News reported that a consortium of buyout firm Advent and payment processor Stripe had abandoned its pursuit of the fintech ...
Marvell Technology shares slump as investors question Google deal. Here's what Wall Street is saying.
Strategists at a number of banks noted that investors' eyes were firmly on news about the company's recent partnership with Alphabet's Google, with expectations ultimately left unmet.
PayPal Shares Dive Premarket on Report of Advent, Stripe Abandoning Takeover Plan
Shares in PayPal fell more than 15% premarket to $52.50 a share.
Meituan swings to profit in Q2 as price wars subside
Chinese food delivery giant Meituan on Friday swung to profit and exceeded revenue growth estimates as a year of bruising, subsidy-fuelled competition in China's one-hour delivery market showed furt...
Micron stock has surged 220%: here's the risk bulls may be underestimating
Micron stock (NASDAQ: MU) is a standout winner from the AI infrastructure boom, with its shares still up about 220% in 2026 despite summer volatility. The stock closed Thursday at $935.39, down 0.32% ...
Affirm Stock Jumps After Earnings. This Key Number Crushed Estimates.
Affirm posts better-than-expected revenue and gross merchandise volume in its fiscal fourth quarter.
US court rules Pentagon ban on Anthropic unlawful
A U.S. federal judge ruled Thursday that sanctions imposed by the Trump administration against AI giant Anthropic were illegal, finding that the government punished the company in a dispute over milit...
Why Autodesk Stock Is Dropping After Earnings Beat
The software maker reported a mixed outlook for the third quarter and full year, with profit projections that fall short of expectations, and revenue projections that beat Wall Street's estimates.
Kimberly-Clark seeks EU approval for $40 billion Kenvue deal
Kimberly-Clark has asked EU regulators permission for its proposed $40 billion takeover of Tylenol maker Kenvue, documents on the EU Commission's website showed.
Lucid to recall more than 27,000 luxury sedans over fire risk, NHTSA says
Lucid is recalling 27,185 of its flagship Air luxury sedans in the U.S., because an exterior lighting circuit could overheat and increase the risk of a fire, the National Highway Traffic Safety...
Nvidia's Cracking Outlook Fuels AI Optimism: Market Snapshot
The world's biggest tech firm delivered earnings this week against a backdrop of nervous investors, watching eagerly to see if the AI trade was winding down or has further to run. The chip giant prese...
Judge Lifts US Ban on Anthropic's Use for Federal Agencies
The Trump administration must lift its ban on Anthropic PBC's artificial intelligence technology for federal agencies, a US judge ruled. The ruling is a key victory for the AI giant, which has been lo...
Banca Generali Mulling Monte di Paschi's $10 Billion Takeover Bid
Late Thursday, Banca Generali confirmed its willingness to evaluate the proposal, saying it envisioned new growth opportunities for both companies.
We've had a lot of TRADE MANIPULATION by Canada: Rep Tom Barrett
Rep. Tom Barrett, R-Mich., discusses Canada launching retaliatory tariffs against the U.S. and the potential for President Donald Trump to reach a deal with Canada on 'The Bottom Line.
Unipol chair pledges to keep MPS headquarters in Siena
The headquarters of Banca Monte dei Paschi (MPS) would remain in Siena if Intesa Sanpaolo's takeover of the Tuscan lender were to go through, Unipol Chairman Carlo Cimbri said in an interview pub...
Google changes spam policy in EU to avert antitrust fine
Alphabet's Google on Friday said it had changed its spam policy in Europe to address EU concerns that could have resulted in an antitrust fine.
Nvidia reports another set of blockbuster earnings
The chipmaker expects a 70% growth in sales next year. Nvidia CFO also rejected rumours of circular financing.
Raspberry Pi CEO: Paying 10 times more for DRAM now than 18 months ago
Eben Upton, Founder and CEO of Raspberry Pi, discusses AI demand, chip prices and supply, and the outlook for the sector.
Toyota sales, production fall on sharp declines in China, Middle East
Toyota Motor said on Friday its global vehicle sales and production fell in July, weighed by declines in China, the United States and the Middle East, which offset a stronger performance in Japan.
Nikkei 225 catches Nvidia's tailwind, but KOSPI finds a reason to sell instead
Asian markets diverged on Friday as Nvidia's blockbuster outlook continued to lift Japanese technology shares, while South Korea's KOSPI fell despite the renewed optimism around artificial intelligenc...
What could Meta's US settlement mean around the world – and what now for other claims against firm?
Other governments could seek similar concessions, while separate legal action is pending in places ranging from Kenya to the Netherlands
Mixue shares extend slide after profit drop as ice cream-and-tea chain sees costs rise
Mixue operates around 64,000 stores globally. The drinks giant plans to deepen its presence in southeast Asia and expand further into central Asia and the Americas.
Samsung stock retreat again: why a massive payout isn't enough for investors
Samsung Electronics stock retreated again on Friday, extending a volatile week as investors struggled to embrace the company's record shareholder-return promise. The stock was down about 2% late Frida...
Vietnam urges Qualcomm, Samsung to deepen AI, chip investment as it seeks tech upgrade
Vietnamese leaders have urged U.S. chip designer Qualcomm and South Korea's Samsung Electronics to expand their investment in artificial intelligence, semiconductors and research and development as t...
Australia data centre firm NextDC reports rising water, energy use with profit beat
Australian data centre developer NextDC said water and energy consumption rose in the past year as demand for computing capacity drove profit ahead of forecasts, figures which may feed public disquie...
Pentagon's blacklisting of Anthropic was unlawful, US judge rules
Anthropic argued designation as ‘supply chain risk' could cost the company billions of dollars in lost business and reputational harm
OpenAI rolls out ads on select ChatGPT plans in India to boost monetization, support wider access
OpenAI has rolled out ads for free users and those on low-priced subscription plans. India is among ChatGPT's largest and most active markets.
Why Marvell stock is slipping despite a classic ‘beat and raise'
Marvell Technology (MRVL) reported record Q2 earnings on Thursday evening, featuring $2.739 billion in revenue – up 37% year-on-year – and adjusted earnings per share (EPS) of $0.94. The custom chips ...
Judge says Trump administration's blacklist of Anthropic was illegal
The Trump administration violated Anthropic's First Amendment rights when it blacklisted the artificial-intelligence company earlier this year, a federal judge ruled late Thursday.
Opawica Grants Stock Options
Vancouver, Canada – August 27, 2026 - TheNewswire – Opawica Explorations Inc. (the “Company” or “Opawica”) (TSXV: OPW) (OTCQB: OPWEF), announces that, in accordance with the Company's stock option pl...
Biopharma firm BioXcel Therapeutics files for bankruptcy in US
AI-driven biopharma firm BioXcel Therapeutics filed for Chapter 11 bankruptcy protection in the U.S. on Thursday.
Affirm and Shopify Take Shop Pay Installments to Australia
Australian shoppers can now select installment payments powered by Affirm when they click on Shopify's Shop Pay button, Affirm said in a Thursday (Aug. 27) press release. This capability is enabled by...
Judge blocks Pentagon blacklist of Anthropic as supply chain risk
A San Francisco federal judge on Thursday ruled that the Pentagon's blacklisting of artificial intelligence giant Anthropic earlier this year was illegal.
Judge Rules Trump Administration Violated Anthropic's First Amendment Rights
A federal judge has determined that the Trump administration's actions labeling Anthropic a supply-chain risk constituted “unlawful retaliation.”
Advent, Stripe consortium is said to drop pursuit of PayPal, Bloomberg News reports
A consortium of buyout firm Advent and payment processor Stripe has decided to abandon its pursuit of fintech pioneer PayPal , Bloomberg News reported on Thursday, citing people familiar with the ma...
Judge Rules Trump Administration's Blacklisting of Anthropic Was Illegal
The government unlawfully retaliated against the A.I. start-up “for constitutionally protected expressive activities,” a federal judge in California wrote.
Trump ratchets up rhetoric against Beijing as U.S.-China officials meet for Xi's Washington visit
U.S. President Donald Trump told reporters Thursday local time he could be sanctioning Chinese banks. U.S. and Chinese officials are proceeding with preparations for Chinese President Xi Jinping's tri...
US judge blocks Pentagon's Anthropic blacklisting
A U.S. judge on Thursday blocked the Pentagon's blacklisting of Anthropic, the latest turn in the Claude maker's high-stakes fight with the military over AI safety on the battlefield.
Why the Drugmaker Behind a Pancreatic Cancer Breakthrough Stayed Independent
Revolution Medicines attracted takeover interest but decided to go it alone. This week's FDA approval of its pancreatic cancer pill is the payoff.
US judge rules Pentagon blacklisting of Anthropic unlawful
A U.S. judge ruled on Thursday that the Pentagon's blacklisting of Anthropic was unlawful.
Oil on track for weekly loss even as Iran tensions simmer
Oil prices fell on Friday and are on track to snap a two-week winning streak, despite settling higher in the previous session following a report that U.S. President Donald Trump is not interested in...
Nvidia Insists It Can Keep Printing Money to Fund the AI Boom
The chip maker says its sales “flywheel” is more than robust enough to fund the financial support it gives frontier AI labs and data-center developers.
One World Lithium Announces Warrant Extension
Vancouver, BC, August 27, 2026 – TheNewswire - One World Lithium Inc. (CSE-OWLI) (the “Company” or “ OWL”) announces effective on August 27, 2026, the Company will amend the terms (the “Warrant Amendm...