Stocks slide as chip sell-off and U.S.-Iran tensions rattle a winning stretch
Major U.S. stock indexes closed lower on Friday, capping a losing week as a sell-off in semiconductor shares and renewed U.S.-Iran frictio...
China's anthropomorphic AI rules take effect, forcing ByteDance and Alibaba to pull user agents
New Chinese rules governing anthropomorphic and autonomous artificial-intelligence systems took effect on July 15, prompting ByteDance and...
TSMC signals multi-year AI chip demand as Arizona expansion accelerates
Taiwan Semiconductor Manufacturing Co. signaled durable, multi-year demand for the advanced chips powering artificial intelligence and acc...
Ethereum's 'ultrasound money' thesis questioned as Layer-2s reshape fee economics
New analysis questions whether Ethereum's Layer-2 scaling has quietly undermined the fee-burn mechanism that was meant to make ETH a d...
SWIFT builds blockchain ledger for tokenized bank deposits, challenging stablecoins
The global payments network SWIFT has launched a blockchain-based ledger built on tokenized bank deposits, offering financial institutions...
Apple dethrones Nvidia as world's most valuable company in AI rotation
Apple has overtaken Nvidia as the world's most valuable company, a symbolic shift that captures a broader rotation by investors away f...
Wall Street retreats as chip sell-off and rising oil pressure weigh on sentiment
U.S. stocks slipped as a sell-off in semiconductor shares and a jump in oil prices tied to renewed Middle East tension pressured major ind...
Synthetic influencers flood TikTok Shop as AI video blurs commerce and fakery
AI-generated videos are flooding TikTok Shop, and brands are issuing fresh warnings about digital avatars and duplicate clones being used ...
China casts itself as champion of an open AI order at Shanghai summit
President Xi Jinping used the opening of the World Artificial Intelligence Conference in Shanghai to cast China as the standard-bearer for...
Stablecoin rules under U.S. Genius Act take effect as banks push back on yield
New U.S. stablecoin rules authorized under the Genius Act took effect on July 18, establishing federal licensing, capital, custody and ant...
Ethereum tops $1,800 as spot ETF inflows and record staking signal renewed conviction
Ethereum rose above $1,800 this week, notching roughly 11% gains over seven days as spot exchange-traded funds drew fresh inflows and on-c...
IMF holds 2026 global growth forecast at 3.0% but warns disinflation has stalled
The International Monetary Fund held its forecast for global growth at 3.0% for 2026 but warned this week that the long slide in inflation...