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—— OpenAI Unveils Misalignment Incident Tracking Framework; CleanSpark Seeks $2.23 Billion Junk-Bond Offering for Meta-Tied AI Infrastructure; US Pending Home Sales Picked Up Slightly in August; US Weekly Jobless Claims Drop to Lowest Since July; CoreWeave Launches $3 Billion Convertible Bond Sale and Shares Offering; China’s US Treasury Holdings Drop to Lowest Since 2008; HSBC …

Continue reading “Market Beats | OpenAI Unveils Misalignment Incident Tracking Framework; CleanSpark Seeks $2.23 Billion Junk-Bond Offering for Meta-Tied AI Infrastructure; US Pending Home Sales Picked Up Slightly in August; US Weekly Jobless Claims Drop to Lowest Since July; CoreWeave Launches $3 Billion Convertible Bond Sale and Shares Offering; China’s US Treasury Holdings Drop to Lowest Since 2008; HSBC Phasing Out $38,000 School Fee Subsidy for New Hires in Hong Kong”

—— US Retail Sales Rose 1.2% in August, Showing Consumer Resilience; US 30-Year Mortgage Rates Rise to 6.97%; Novo Nordisk Partners with Anthropic to Speed Up AI-Driven Drug Discovery; Federal Reserve Raises Rates for First Time Since 2023; PwC UK Revenues Fall for First Time in Two Decades; OpenAI Seeks $1.2tn Valuation in Private Funding …

Continue reading “Market Beats | US Retail Sales Rose 1.2% in August, Showing Consumer Resilience; US 30-Year Mortgage Rates Rise to 6.97%; Novo Nordisk Partners with Anthropic to Speed Up AI-Driven Drug Discovery; Federal Reserve Raises Rates for First Time Since 2023; PwC UK Revenues Fall for First Time in Two Decades; OpenAI Seeks $1.2tn Valuation in Private Funding Ahead of Planned IPO; US House Panel Votes to Hold Apollo Co-Founder Leon Black in Contempt Over Epstein Subpoenas”

—— US and China Discuss Slashing Tariffs Ahead of Trump-Xi Summit; US Attorney General Todd Blanche Opposes AI ‘Regulation by Prosecution’; OpenAI Partners With Rivals Anthropic and Google DeepMind on AI Safety; Iran War Has Cost $38bn So Far, Will Boost US Inflation; US Borrowing Costs Hit Highest Level Since 2007; Radiant and Sapphire Sue …

Continue reading “Market Beats | US and China Discuss Slashing Tariffs Ahead of Trump-Xi Summit; US Attorney General Todd Blanche Opposes AI ‘Regulation by Prosecution’; OpenAI Partners With Rivals Anthropic and Google DeepMind on AI Safety; Iran War Has Cost $38bn So Far, Will Boost US Inflation; US Borrowing Costs Hit Highest Level Since 2007; Radiant and Sapphire Sue Glencore for $2 Billion in Singapore; AI Agents Lied, Stole and Voted to ‘Kill’ Their Own in Simulation”

1. Experts warn AI could wipe out humanity within a decade; 2. Oracle founder cancels $7.5 billion share sale; 3. Anthropic chooses Nasdaq for IPO listing; 4. Trump rejects calls to slow AI development; 5. Texas governor pauses approval of new data center projects; 6. Dell family office acquires insurance brokerage; 7. Accident at Citadel’s …

Continue reading “Market Beats | Experts warn AI could wipe out humanity within a decade; Oracle founder cancels $7.5 billion share sale; Anthropic chooses Nasdaq for IPO listing; Trump rejects calls to slow AI development; Texas governor pauses approval of new data center projects; Dell family office acquires insurance brokerage; Accident at Citadel’s Miami headquarters construction site”

—— US diesel prices hit historic $6 high; scientists attempt to use AI to develop bioweapons; Israeli military destroys Hezbollah tunnel network; US core CPI grows more than expected; French government bond interest costs surge 25%; Houthi forces seize key Red Sea islands in lightning offensive; Oracle cloud infrastructure revenue surges 121% 1. US Diesel …

Continue reading “Market Beats | US diesel prices hit historic $6 high; scientists attempt to use AI to develop bioweapons; Israeli military destroys Hezbollah tunnel network; US core CPI grows more than expected; French government bond interest costs surge 25%; Houthi forces seize key Red Sea islands in lightning offensive; Oracle cloud infrastructure revenue surges 121%”

—— Lower Manhattan Office Market Shows Early Signs of Revival; Canada Small Businesses Suffer as Trade War Escalates; Hedge Fund Millennium Management in Discussions with Geneva Authorities over Tax Deal; Qualcomm Wins Amazon as Data Center Chip Customer in $60 Billion Deal; US Consumer Borrowing Increases in July by More Than Expected; The $2tn Debt-Servicing …

Continue reading “Market Beats | Lower Manhattan Office Market Shows Early Signs of Revival; Canada Small Businesses Suffer as Trade War Escalates; Hedge Fund Millennium Management in Discussions with Geneva Authorities over Tax Deal; Qualcomm Wins Amazon as Data Center Chip Customer in $60 Billion Deal; US Consumer Borrowing Increases in July by More Than Expected; The $2tn Debt-Servicing Monster Threatening Global Leaders; Brent Oil Rises to Highest Since July on Mideast Supply Risks”