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Leopold Aschenbrenner said his AI-focused hedge fund will stop using bank leverage after losing 67% in July while remaining up 80% for the year.
Amazon beat Wall Street expectations on earnings, revenue, and AWS growth, while announcing its AI and chip businesses each now generate more than $25 billion in annual revenue.
The Japanese yen erased roughly three months of losses against the U.S. dollar in a historic rally that fueled speculation of large-scale government intervention.
A single Mega Millions ticket sold in Florida won an $800 million jackpot, the largest U.S. lottery prize awarded in 2026.
The U.S. has blocked new Chinese humanoid and quadruped robot models from entering its market, with Unitree expected to be among the companies most affected.
Ethereum Institutional completed its initial funding round and formed a coalition of more than 100 partners to accelerate institutional adoption of Ethereum.
NVIDIA has fallen 18.5% from its record high, wiping out nearly $1 trillion in market value as investors reassess AI spending and semiconductor valuations.
A global selloff in AI chip stocks spread to Asia as investors questioned future memory demand and the sustainability of AI infrastructure spending.
Tesla shares have returned to levels seen nearly five years ago as investors remain divided over Elon Musk's shift toward AI and humanoid robots.
NVIDIA is reportedly discussing up to $250 billion in financing guarantees for OpenAI's planned 10-gigawatt AI data center project in Ohio.
DeepSeek has reportedly paused its latest fundraising round after comments by founder Liang Wenfeng on the U.S.-China AI rivalry attracted widespread attention.
SK Group and NVIDIA announced a partnership worth more than $500 billion to expand AI infrastructure and next-generation memory technologies.