Writing the summary…
Trump bought up to $25 million in Meta and millions in SpaceX debt in August
Source: CNBC
Original reporting
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CNBC
Trump's former defense secretary sees no end in sight for Iran war — to the benefit of America's 'greatest adversary'
Mark Esper, who served as U.S. Secretary of Defense during Trump's first presidential term, said he did not see the conflict ending in the foreseeable future.
CNBC
PepsiCo cuts earnings forecast as North American turnaround takes longer than expected
Pepsi's North American business continues to lag behind its international markets.
The Guardian
Asos says customers’ names, contact details and search histories hacked
Experts say breadth of data accessed could help attackers devise “highly convincing” phishing scams Business live – live updates Asos hackers gained access to millions of customers’ recent search histories as well as names, addresses and phone numbers, the online fashion retailer has revealed. Terms typed in by customers such as “glamorous wide fit” and “Asos petite” were in the data accessed in the cyber-attack, which emerged on Tuesday after app users received a notification titled “Asos hacked” with a link to the Telegram messaging service. Continue reading...
CNBC
Republican megadonors dominate 2026 midterm election as crypto and AI money surges, CNBC analysis finds
Fourteen of the 20 biggest donor groups CNBC analyzed are Republican-aligned as crypto, AI and betting money reshapes 2026 midterm spending.
CNBC
Amazon overhauls aging devices lineup with higher priced Alexa tablet, dumping the budget Fire
The company said the Alexa tablet's improved speed and performance, artificial intelligence features and upgraded design warrant a higher price tag.
CNBC
Options traders start calling bottom on bond rout after 'bullet bid' 10-year auction
Calling a bottom in the nonstop U.S. Treasury bond sell-off might seem crazy, but a handful of options traders look increasingly willing to do it.