Why Wall Street sees a $39,800 pancreatic cancer pill as proof of a much bigger bet
The Food and Drug Administration on Wednesday approved Rasonque, a once-daily pill developed by Revolution Medicines to block several forms...
Crypto traders turn Dolly Parton’s death into a memecoin frenzy
Memecoins once again seized on a viral news moment, with Dolly Parton becoming their latest target. After news broke Tuesday...
Nvidia doubled its quarterly revenue to $96 billion and crushes estimates—CEO Jensen Huang says demand is accelerating
Nvidia doubled its revenue and profit year-over-year in its second quarter, and forecast sales in the current quarter that topped...
Former CFTC Commissioner: Wall Street has used these financial contracts for decades. Now a goat herder does too
A goat herder in Northern California just did somethingmore typical of a Wall Street investment bank – hedge risk with...
OpenAI, independent firms publish reports on rogue AI attack on Hugging Face. Here are the main takeaways—and what OpenAI still hasn’t disclosed.
OpenAI today published the findings of its internal investigation into the July incident in which several AI models it was...
U.S. economy grows at sluggish 1.5% pace in second quarter
The U.S. economy grew at a sluggish 1.5% pace from April through June. But consumer spending stayed strong. Growth in...
CIA director visits Putin in Moscow in talks that Trump calls ‘sort of semi-routine’
The Kremlin said Wednesday that CIA Director John Ratcliffe held talks in Moscow with his intelligence counterparts, a rare and...
Don’t praise Meta ‘for what the court orders them to do’: Meta will only pay the full $17.1 billion settlement if TikTok and YouTube match it
Meta is not actually committing to pay the $17.1 billion figure attached to this week’s child safety settlement, at least...
Famed cult actor Tim Curry, star of ‘Rocky Horror Picture Show’ and ‘Home Alone 2,’ dead at 80
Tim Curry, a character actor who created a gallery of delicious, very loony villains for stage and screen, including Dr....
How David Tisch’s BoxGroup turned a $750K bet on Cursor into a $1 billion exit by breaking all the VC rules
Decades before David Tisch began investing in startups, he was wheeling and dealing sports cards as an 11-year-old kid in...
Meta’s $18 billion settlement leaves out the child protections New Mexico already won at trial, its Attorney General says
New Mexico Attorney General Raúl Torrez, whose office won the first jury verdict against Meta over child safety anywhere in...
Anthropic wants investors to believe its ‘total addressable market’ is worth $30 trillion—nearly the size of the entire US economy
If there’s one thing that AI companies are known for, it’s their fondness for seemingly incomprehensible numbers. Over the last...
Exclusive: Struggling DraftKings awards $30 million marketing contract to cofounder who recently stepped down
DraftKings has fallen on hard times. Under pressure from prediction markets, the betting site has seen its share price fall...
A major German bank just let Claude and ChatGPT trade for customers. In one test, Claude beat human traders 76% of the time—but there’s a catch
Watch out, investors—the AI boom is making its way to you. Scalable Capital is opening its investment platform to AI...
ChatGPT can now search years of your texts—but security experts are most worried about the people who never opted in
ChatGPT no longer has to wait for people to copy and paste their texts into the chatbot. Now it can...
