Trump criticized Anthropic's CEO, stating that AI development cannot be put on hold, while divisions within the government have split into two camps.
On Monday, Trump stated clearly that he does not endorse the public backlash against AI data centers or the concerns raised by the outside world regarding cutting-edge models. He wrote: "The only 'guardrails' AI needs are a strong and smart president—and the United States happens to have one." On the same day, House Speaker Mike Johnson voiced support for establishing "guardrails" for the AI industry, while Vice President Vance expressed caution about AI companies proactively seeking regulation, calling such moves "Trojan horses."
The dollar extended its gains to 155.00 yen/$1.1523, driven by rising interest rates as markets priced in higher crude oil prices and a rate hike at the September FOMC meeting.
[London Market Overview]On the London foreign-exchange market on the 14th, the USD/JPY pair remained firm. Following U.S. inflation data, expectations for a rate hike at the Federal Open Market
U.S. stocks retreat amid concerns over rising crude oil prices and an AI slowdown (14th)
U.S. stock markets declined. The Dow Inc. closed down $152.09 at 52,421.20, while the Nasdaq ended the session 146.63 points lower at 26,186.41.The market opened lower, weighed down by a wave of
Contineum's Phase 2 MOONLIGHT-1 Trial Of JNJ-5120/PIPE-307 Did Not Meet Its Primary Efficacy Endpoint; Analyses Of The Data, Including Prespecified Exploratory Endpoints, Are Ongoing
Phase 2 MOONLIGHT-1 trial did not meet its primary efficacy endpointAnalyses of the data, including prespecified exploratory endpoints, are ongoingContineum Therapeutics, Inc. (NASDAQ:CTNM) (
Coinbase Says Its Tokenized Stocks Set the Standard — But Nasdaq Is Backing a Rival
Coinbase Global, Inc. (NASDAQ:COIN) has set a new standard for tokenized stocks: real securities, fully backed by underlying shares, with dividends and voting rights built into the model. But Nasdaq,
Billionaire Investor Adds To ASML, Exits Rivals KLA and Lam — Plus Nvidia, Broadcom
Billionaire activist Dan Loeb's Third Point LLC raised a stake in ASML Holding (NASDAQ:ASML) in the second quarter. The investor more than doubled its stake in the semiconductor company, increasing
'UK Banks Kick off Fundraising in Bid to Create New Payments Giant' - Sky News
'UK Banks Kick off Fundraising in Bid to Create New Payments Giant' - Sky News
ASML Eyes 110+ EUV Machines as JPM Stresses 'Strong' AI Demand
ASML Holding N.V. (NASDAQ:ASML) is exploring ways to produce more than 110 extreme-ultraviolet (EUV) chip-printing machines in 2028 as artificial-intelligence demand remains "very very strong,"
'Cornelis Mounts Scale-Up Challenge To Nvidia, Teases Potential Qualcomm Tie-Up' - CRN
'Cornelis Mounts Scale-Up Challenge To Nvidia, Teases Potential Qualcomm Tie-Up' - CRN
'OpenAI Buys Startup Developing Smartphone Camera' - Wall Street Journal
'OpenAI Buys Startup Developing Smartphone Camera' - Wall Street Journal
Eli Lilly Exec Speaking At Morgan Stanley Conference Says Company Now Has More Than 30% Share Of New Starts In Oral Obesity Treatment Market,
Eli Lilly Exec Speaking At Morgan Stanley Conference Says Company Now Has More Than 30% Share Of New Starts In Oral Obesity Treatment Market,
10 Information Technology Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
10 Communication Services Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
Elon Musk Says Orbital Nvidia Computers Launch Next Year — Can SpaceX Actually Pull It Off?
Over the weekend, SpaceX (NASDAQ:SPCX) CEO Elon Musk posted on X that "I am highly confident that SpaceX will be launching Nvidia VR NLV72 AI computers in space next year," reigniting a debate over
Hedge funds have just rebuilt their long positions in technology stocks, yet key support levels for the Nasdaq are already beginning to weaken.
The Nasdaq 100 index is approaching the lower boundary of its multi-month trading range, with futures breaking below both the ascending trend line and the 100-day moving average, signaling a weakening technical picture. Hedge funds had previously piled into tech stocks, and their concentrated positioning has amplified downside risks. AI safety concerns and energy supply risks are acting as dual catalysts. If key support gives way and market panic remains muted, volatility could face a reevaluation.
Trump Slams Anthropic CEO: AI Development Cannot Be Braked; A “High-IQ President” Is Sufficient for the U.S.
On Monday, Trump stated that he clearly does not endorse the public backlash triggered by AI data centers or the concerns raised by the outside world regarding cutting-edge models. He wrote: "The only 'safeguard' AI needs is a strong and intelligent (high-IQ!) president—and the United States happens to have just such a president."
Microsoft's New AI Safety Rules Trigger Surge in 3 Cybersecurity Stocks
Microsoft Corp's (NASDAQ:MSFT) new AI safety framework is already getting a vote from Wall Street.By 11:30 a.m. ET Monday, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shares had surged 14.7%, Palo Alto
Nvidia's Customer Concentration Problem: CFO Says 'We Get Paid Twice'
Nvidia Corp's (NASDAQ:NVDA) AI revenue comes from just a handful of buyers. CFO Colette Kress hopes to turn that customer concentration risk into recurring revenue by getting paid once for GPUs and
Crude Oil Jumps 3%; Corning Shares Move Lower
U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 0.2% on Monday.The Dow traded down 0.16% to 52,486.56 while the NASDAQ dipped 0.49% to 26,203.84. The S&P 500
Anthropic's AI Warning Is 'Noise' in a 'Secular Bull Market:' Bank of America Says
Every artificial intelligence company may want the race to slow down. None can afford to be the first to stop running.That is Bank of America's answer to Monday's AI-driven sell-off.• NVIDIA stock