Gold Holds Near Three-Month High as Debasement Trade Returns
(Bloomberg) — Gold traded near a three-month high after the US Treasury’s bold intervention in the bond market…
Alibaba AI Models Hit 3 Billion Downloads, Passing Meta, Google
(Bloomberg) — Alibaba Group Holding’s open-weight models have accumulated more than 3 billion global downloads in the past…
Anthropic Revenue Surges to Over $11.5 Billion in Second Quarter
(Bloomberg) — Anthropic PBC is telling prospective investors its second-quarter revenue jumped at least 14-fold versus the same…
OpenAI’s Revenue Run Rate Tops $40 Billion Ahead of IPO
(Bloomberg) — OpenAI is on track to generate annualized revenue of more than $40 billion based on its…
Anthropic Said in Talks to Buy Startup Decart for $6 Billion
(Bloomberg) — Anthropic PBC is in talks to buy the artificial intelligence startup Decart AI for about $6…
OpenAI Buys Back $7 Billion of Employee Shares in Tender Offer
(Bloomberg) — OpenAI has completed a deal to help employees sell roughly $7 billion worth of shares in…
Ceramic Case Could Return With Apple Watch Series 12
Apple is planning to reintroduce its striking ceramic Apple Watch casing as soon as this year, Bloomberg’s Mark…
Korean Stocks Drop as Chipmakers Reverse Friday’s Record Gains
(Bloomberg) — South Korean stocks slipped, as heavyweight chipmakers faced selloffs after Friday’s record gains while investors cut…
Apple Races to Ship Camera-Equipped AirPods as Early as September, Gurman Says — BigGo Finance
Apple is pressing ahead with plans to release its first camera-equipped AirPods sooner than expected, with one version…
Trump Says Yen Intervention Is Signal of Friendship With Japan
(Bloomberg) — President Donald Trump said the US joined a currency-market intervention that lifted the yen last week…
Bond Rout Sends Warning to Warsh That Tough Talk Is Not Enough
(Bloomberg) — The message from the bond market was clear: For all of Federal Reserve Chairman Kevin Warsh’s…
SK Hynix’s Record Profit Misses Investors’ Lofty AI Expectations
(Bloomberg) — SK Hynix Inc.’s (SKHY) quarterly profit rose a smaller-than expected 557%, adding to heightened fears that…