Berkshire Hathaway became a net buyer of stocks for the first time in more than three years as the company began deploying its massive cash reserves under new CEO Greg Abel.
Crypto market maker Wintermute has secured a U.S. broker-dealer license, paving the way to trade traditional securities and compete with established Wall Street firms.
Chinese robotics company Unitree has priced its Shanghai IPO at a $9 billion valuation, becoming the first mainland-listed humanoid robot manufacturer as China accelerates investment in AI-powered robotics.
Nikita Bier has stepped down as Head of Product at X as SpaceX employees become eligible to sell their shares on the public market for the first time.
A Saudi-led investor consortium has completed its $55 billion acquisition of Electronic Arts, taking the gaming giant private in one of the largest deals in video game industry history.
Bending Spoons has agreed to acquire Airtable for $1.285 billion in cash, buying the enterprise software company at a steep discount to its $11 billion valuation during the 2021 technology boom.
Palantir shares surged 16% after the company reported stronger-than-expected second-quarter results, driven by explosive U.S. commercial demand for AI software and rising interest in sovereign AI tools.
Alibaba shares climbed 5% after the company unveiled Qwen3.8-Max, its most advanced AI model to date, positioning it against leading models from OpenAI, Anthropic, and Google.
OpenAI, Anthropic, and other leading AI companies face increased regulatory scrutiny as the European Union begins enforcing key provisions of its landmark AI Act.
AstraZeneca and Bristol Myers Squibb have held discussions about a potential merger valued at more than $400 billion, a deal that would create one of the world's largest pharmaceutical companies.
Elon Musk suffered the largest personal wealth decline ever recorded after sharp declines in SpaceX and Tesla shares erased $363 billion from his fortune in July.
South Korea's stock market staged one of its biggest one-day rallies on record, with the KOSPI jumping 18% as Samsung and SK Hynix surged more than 20%.
Leopold Aschenbrenner's Situational Awareness hedge fund reportedly lost around 90% of its value in just four weeks after heavily leveraged bets on AI infrastructure unraveled during a sharp sector-wide selloff.
