Financial news

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.

Feds can't withhold counterterrorism funds from states to force election admin changes, judge rules

The judge said FEMA never explained how the election changes it wanted were "tied to the goal of shoring up vulnerabilities to terrorist attacks."

OpenAI Halts Model Training as Rogue Agents Target US Government Sites

OpenAI says its agents keep landing on government websites because they treat them as reliable sources, but it's pausing training while it adds safeguards.

Khanna to introduce AI safety bill with ban on 'recursive' technology until safeguards exist

The proposal joins a chorus of other measures being put forward in Congress as the body mulls how to regulate AI.

Trump announces plan for $15 billion steel plant, would be largest in U.S. history

Trump's announcement with Mesabi Metallics comes as Americans' souring views of the economy are poised to shape the upcoming midterm election.

A Clever RSA Attack Fooled a Hardware Vault—Here's What It Means for Crypto

A UC San Diego-led team impersonated a hardware security module without extracting its key.

Elon Musk, SpaceXAI subpoenaed by NYC in AI safety investigation

The New York City Council issued a subpoena to Musk, requiring that he or another representative of SpaceXAI testify in an investigation concerning AI safety.