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Microsoft is restructuring its security division, laying off hundreds and replacing several executives. Led by new security chief Hayete Gallot, the move aims to reallocate resources toward developing AI-powered security tools, capitalizing on market demand fueled by fears of AI-driven cyber threats.
Read MorePresident Trump stated he dislikes setting deadlines for potential military action against Iran, warning Tehran to "be careful." His comments reflect an unpredictable foreign policy approach, intensifying global focus on U.S.-Iran tensions without specifying a timeline.
Read MoreGermany's Kenfo plans to increase its private markets allocation from 25% to 30% over two years, shifting focus from private equity to real estate and infrastructure. The fund is adopting a flexible approach to US Treasuries while seeking more attractive returns in evolving market conditions.
Read MoreThe latest Fed Beige Book indicates most US districts saw slight to moderate economic growth from late May through June, with price increases slowing overall. Employment gains were mixed across regions, while businesses remain cautiously optimistic amid fuel cost uncertainties.
Read MoreFed Governor Cook stated that while observing inflation is prudent, she is prepared to act if price pressures do not ease soon. She highlighted that inflation risks now outweigh employment risks, citing AI investment, tariffs, and geopolitical conflicts.
Read MoreNVIDIA CEO Jensen Huang denied reports of production delays for the new Vera Rubin AI accelerator system. He confirmed it is now in production, being delivered to customers as planned, and expects massive scale, though no timeline was specified.
Read MoreThe Federal Reserve's overnight reverse repo (RRP) facility usage dropped sharply to $151 million from $278 million the previous day. This key liquidity tool's fluctuations are closely watched as a barometer for short-term funding conditions and monetary policy expectations, with the recent decline potentially signaling shifts in market liquidity or participant behavior.
Read MoreThe true cost of US military action against Iran may reach $100 billion, far exceeding the official $31 billion estimate. The gap stems from undisclosed operational expenses, advanced aircraft losses, and massive base reconstruction costs, with rebuilding damaged facilities alone potentially exceeding $30 billion.
Read MoreIntel's stock fell over 7%, dropping below the key $100 threshold for the first time since early June. This decline highlights market concerns about semiconductor competition and the company's strategic transition, raising questions about near-term stability in tech stocks.
Read MoreTrump criticizes New York's politically motivated halt on data center projects, arguing it drives businesses and tax revenue to low-tax states. He calls data centers key job creators and urges immediate policy reversal.
Read MoreSpaceX stock has fallen below its IPO price for the first time, just over a month after its record-breaking debut. The drop tests investor confidence and highlights how quickly Wall Street enthusiasm can fade, even for high-profile companies.
Read MoreDell's stock price plummeted more than 13% intraday, its largest single-day drop since April 2025. This sharp decline has heightened market concerns, with investors scrutinizing the underlying causes and reassessing the company's near-term outlook.
Read MoreCelestia Labs has acquired Sovereign Labs, a developer of high-performance blockchain frameworks. This move extends Celestia's capabilities from data availability into the execution layer, positioning it as a full-stack solution for enterprises building custom blockchains, tapping into a growing market demand.
Read MoreThe SEC approved an NYSE rule change, quadrupling option position and exercise limits for BlackRock's Bitcoin ETF IBIT to 1 million contracts. This move addresses surging trading demand and aims to boost market liquidity and market maker capacity for the popular fund.
Read MoreF2Pool co-founder Chun Wang has unstaked 4,950 WETH via Lido and transferred the equivalent of $9.53 million in ETH to Binance. This significant on-chain move has triggered market speculation about a potential large-scale sell-off, highlighting the need to monitor wallet activity and market reaction.
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