Financial news

Luckin Coffee weighs entry into Middle East markets, chairman tells CNBC

Luckin is weighing a push into Middle East markets while deepening its foothold in Southeast Asia, with backing from sovereign wealth funds in both regions.

China has three new criteria for humanoid robot IPOs. Few, if any, meet them

China's securities regulator is raising the bar for public listings of humanoid robot startups with three specific criteria, according to three sources.

The stock market usually booms in the November-to-April stretch. This indicator suggests otherwise.

Jim Paulsen thinks lagged indicators suggest the usual ‘best buying season’ for stocks may not be applicable this time and backtesting his model to 1970 shows meagre returns.

Near Intents blocks $50 million in Bitget hacker swaps, here's what happened

The swap service identified more than $50 million in attempted transfers, although most rejected funds subsequently moved through other providers.

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

• Bitcoin

Anthropic plans to spend $518 billion on AI infrastructure. Pre-IPO perps barely blink.

Anthropic's prospectus seen by Reuters shows big spending plans despite heavy losses. Still, pre-IPO perps barely moved on cryptocurrency exchanges.

Tether says it helped freeze $550M in Iran-linked USDT this year

The disclosure came as Senate Democratic investigators alleged USDT had become a key part of Iran’s shadow banking network.

• Tether

India readies $25 billion for Deep Tech investment as U.S. and China race ahead

In a bid to cut its reliance on foreign tech, India tries to catch up with China and the U.S. by readying an investment of $25 billion in Deep Tech startups.

Australia says more hikes not off the table after raising rates to 15-year high

The hike of 25 basis points was in line with expectations by economists polled by Reuters.

Bitcoin holds $83,000 as ZEC drops 12% and oil climbs again

Global stocks fell to a one-week low as Brent rose for a second day and traders added to bets on more Federal Reserve rate hikes ahead of Wednesday's PCE inflation data.

• Brent
• Bitcoin

U.S., Iran hold separate mediator talks as Mideast oil exports hit war-time high

Iranian and U.S. officials reportedly met separately with mediators Monday to push for a ceasefire, as Middle Eastern crude exports rebounded to war-time high.

Nvidia unveils AI safety platform to rein in ‘rogue’ AI agents

The launch comes after several AI agents breached their testing environments this year, adding to calls for companies to slow the development of autonomous AI systems.

• NVDA

Samsung to inject $1 billion into Nvidia- and KKR-backed AI infrastructure firm

Samsung Electronics and its five affiliates are investing $1 billion in KKR-launched Helix as the group expands its push into global AI infrastructure.

• NVDA

Anthropic’s potential $2 trillion IPO comes with the following fine print

Anthropic’s revenue grew over 10-fold in 2025, but the cost of training and serving its models is also climbing.

NEAR Intents says it blocked $50M tied to Bitget hackers

The cross-chain protocol said it actively prevents stolen funds from being laundered, drawing a contrast with THORChain’s position that it does not selectively censor transactions.

OpenAI abandons plan to release upcoming model as safety concerns escalate

The heads of OpenAI and rival Anthropic have both indicated recently that top AI labs should slow the pace of model development.

LeBron James is already boosting ticket and merchandise demand for Philadelphia 76ers

NBA star LeBron James is having a major financial impact on the Philadelphia 76ers and Philadelphia, boosting sponsorships, ticket sales and economic activity

AMD briefly joined the $1 trillion club. Cramer says its monster run isn’t over

CNBC’s Jim Cramer said AMD’s run isn’t over, arguing the rise of agentic AI will drive significant demand for the company’s high-end CPUs.

• AMD

AMD acquiring Fei-Fei Li's World Labs AI firm in deal worth $8.2 billion

AMD previously invested in World Labs before the acquisition, which is the chipmaker's second biggest on record.

• AMD

Jim Cramer says these stocks can win even as oil and bond yields squeeze the market

Here's the stocks Jim Cramer said will be less impacted by interest rates and the Iran war.