Nvidia jumps 7% after blockbuster earnings boost AI confidence
Nvidia shares rose on Thursday after the chip giant's revenue guidance reassured investors that AI demand will remain strong.
CIA chief John Ratcliffe reportedly made secretive Moscow trip to warn Russia against attacking NATO
Russia and Ukraine have intensified long-range drone and missile strikes as fears of further escalation grow.
Qatari PM heads to Iran to 'de-escalate tensions' as tanker attack tests Trump’s Hormuz claim
The Prime Minister of U.S.-ally Qatar is in Iran for talks on Thursday as part of efforts to "de-escalate tensions" between Tehran and Washington.
CrowdStrike jumps 11% on record second quarter as 'Mythos moment' drives AI cyber wave
CrowdStrike shares have surged 61% this year to new highs as the threat from frontier AI has fueled demand for advanced security tools.
Salesforce CEO Marc Benioff says the ‘SaaSpocalypse’ is nonsense. Here's why
Salesforce CEO Marc Benioff pushed back against “SaaSpocalypse” fears.
Fed Gov Lisa Cook’s lawyer fires back at Trump's renewed threat to oust her
The Supreme Court in late June blocked Trump from firing Cook from the Federal Reserve, but left the president with a path to try again to remove her.
Economists want Warsh to share more on his view of the economy at Jackson Hole, says CNBC survey
Eighty percent of CNBC Fed Survey respondents say the Federal Reserve Chairman Warsh should provide more insight into his economic views.
Anthropic and Nscale strike $45 billion cloud deal, sources say
Anthropic will rent around 460 megawatts of compute capacity at an Nscale data center development in West Virgina, according to sources.
Republicans are dismissing affordability. That could be a problem in November
President Donald Trump quipped that affordability was "devised" by Democrats, while Vice President JD Vance said groceries "cost what they cost."
The toy industry's latest craze is cheap, colorful and very squishy
Squishy toys are booming, with social media and low prices helping fuel the craze.
The post-penny economy: How cash rounding and credit card surcharges are changing what you pay
More merchants are rounding change for cash purchases to the nearest nickel due to the end of penny production, or adding surcharges to credit card transactions.
Europe’s gas stores are running low — and prices could top 100 euros this winter
Europe’s gas stores are historically low for this time of year, as disrupted Middle East LNG flows raise the risk of sharply higher prices this winter.
OpenAI releases sweeping report on Hugging Face AI agent hack
The 37-page report walks through the actions that OpenAI's models took during a series of evaluations prior to and during the Hugging Face breach.
Jensen Huang defends Nvidia's growing financial support for AI ecosystem, says 'the risk is low'
Nvidia CEO Jensen Huang defended the chipmaker’s growing role in financing AI companies, calling its investments a “once in a generation” opportunity.
Federal judge lifts final block on Trump mail-in voting order, clearing way for midterm restrictions
The rule in question would require election officials to give USPS voter information and use federally reviewed, uniquely barcoded ballot envelopes.
Okta pops 20% after topping estimates as AI threat spikes demand for identity security
New products accounted for 30% of total bookings and Okta said it closed dozens of AI deals during the period
U.S. still watching allies for alignment of interests even amid defense pullback, analyst says
The U.S. may be asking allies to step up their own defense, but it still wants them to align on geopolitical interests.
Z.ai shares surge 8% after releasing new AI model running only on Chinese chips
The Chinese AI company said it had already launched the model globally in stealth mode for a week.
Qantas shares jump after earnings as airline unveils new business-class seats
Qantas shares jumped 4% after the airline reported full-year earnings and introduced new business-class seats amid strong demand for premium travel.
China industrial profits growth cools to slowest in seven months as economic slowdown deepens
China's industrial profits growth in July slowed to its weakest pace this year, as soft demand and a broader slowdown in the economy weighed on manufacturers.
Bank of Korea delivers back-to-back rate hikes as core inflation stays elevated
The Bank of Korea hiked rates by 25 basis points to 3%, its highest since January 2025 and in line with expectations.
Japanese startups, IPOs set for boost with platform to trade unlisted companies
The Japanese regulator's registration of a new trading platform for unlisted shares could help create a more favorable capital-raising environment for the country's IPO ecosystem.
Salesforce, Anthropic expand partnership as Benioff responds to ‘SaaSpocalypse’ concerns
"We're delivering a dynamic interface that thinks, reasons, and acts," Salesforce CEO Marc Benioff said in a statement.
Inside India newsletter: U.S., Russia vie for a bigger slice of the world’s third-largest energy market
U.S. and Russia are competing to assert dominance in the world's third largest energy market.