Investors are nervous about the massive AI spending from the tech giants and whether that will pay off.
Intel stock heads for worst day in more than 50 years, wiping $12 billion off government's stake
Source: CNBC
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The Guardian
FBI working with Binance after crypto exchange hit by $6.3bn heist – business live
Blockchain intelligence firm TRM says North Korea’s TraderTraitor hacking unit is responsible for the largest crypto theft on record Explainer: How big a deal is this, who did it, and are investments safe? Tell us: have you been affected by the Binance hack? Full story: North Korean group blamed for biggest ever crypto heist Most major cryptocurrencies have fallen in value since news of the Binance theft broke, Coinmarketcap data shows . That includes: Bitcoin : -2.35% over the last 24 hours, to $77,940 Ethereum : -3.6%, to $2,227 BNB : -5.6%, to $706 Solana : -2.67%, to $97 Chainlink : -3.1%, to $11.02 Temporarily suspended withdrawals while we complete a security revamp of the withdrawal service and its related addresses Revoked the affected address authorizations Engaged law enforcement and blockchain intelligence partners to trace and recover funds Our team hasn’t stopped. We’re work
CNBC
Reid Hoffman gives millions to Dems in late spending spree as Epstein fight spills into election
Reid Hoffman has given $8 million to Wisconsin Democrats backing David Crowley as Tom Tiffany attacks Hoffman's past ties to Jeffrey Epstein.
CNBC
Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz
Soaring freight rates are giving tankers a big financial incentive to run the gauntlet through the Strait of Hormuz.
CNBC
Alaska Senate: Judge fast tracks new bids to dismiss DOJ lawsuit over 2nd Sullivan candidacy
The winner of the Alaska election could determine whether Republicans retain their majority in the U.S. Senate or if Democrats take control of the chamber.
CNBC
Fed officials are already saying they’ll need to get back to hiking rates
The comments from Federal Reserve Presidents Alberto Musalem and Lorie Logan offer the first morsels of insight into what leaders at the Fed see happening next.
CNBC
Wall Street braces for Democratic gains as 2026 midterm election nears
Investors are preparing for a blue wave in the midterm election on Tuesday that will determine who controls Congress for the remainder of President Trump's term.