Walmart Beats Expectations in Q2 as E-Commerce and Grocery Sales Drive Growth
Walmart reported second-quarter earnings on August 20 that surpassed Wall Street expectations, with revenue climbing 5.2% year-over-year t...
EU AI Act Transparency Rules Take Force, Threatening Hefty Fines for Non-Compliance
The European Union began enforcing its AI Act transparency obligations on August 2, requiring companies to disclose when users are interac...
Nebius Raises $4.5 Billion to Build AI Data Centers as Demand Outstrips Supply
Nebius Group unveiled plans on August 19 to raise $4.5 billion through convertible senior notes, marking one of the largest capital inject...
Ethereum Developers Push Privacy Upgrades to Shield Users From MEV Bots
Ethereum developers convened on August 19 to discuss privacy upgrades designed to hide pending transactions from predatory bots, part of a...
White House Hosts Crypto Summit With Coinbase, Ripple, and Robinhood Executives
The White House is hosting a high-level meeting with executives from Coinbase, Ripple, Kraken, Robinhood, and other major crypto firms on ...
Metaplanet Creates Nasdaq Bitcoin Treasury Vehicle in $132 Million Superplanet Deal
Japanese Bitcoin treasury firm Metaplanet is investing 2,100 BTC and $2.5 million in cash to create Superplanet, a Nasdaq-listed vehicle t...
Toyota Finance Tests Tokenized Bonds With ¥1 Billion Retail Offering
Toyota Finance Corporation has issued a one-year, ¥1 billion tokenized bond available to retail investors through the Toyota Wallet app, m...
Pennsylvania Slaps New Restrictions on AI Data Centers in Water and Hiring Push
Pennsylvania Governor Josh Shapiro signed an executive order on August 18 imposing new restrictions on AI data center projects, requiring ...
OpenAI Rolls Out ChatGPT for Teens With Built-In Safeguards and Study Mode
OpenAI rolled out a dedicated ChatGPT experience for users aged 13 to 17 on August 18, introducing stronger content filters, parental cont...
Trump-Backed World Liberty Wins Conditional OCC Bank Charter for Stablecoin Operations
The Office of the Comptroller of the Currency granted preliminary conditional approval on August 14 for a national trust bank charter to W...
Bitcoin ETFs Log $853 Million in Weekly Inflows as Institutional Demand Returns
U.S. spot Bitcoin exchange-traded funds recorded net inflows of approximately $853.5 million in the first week of August, the strongest we...
Dow and S&P 500 Reach Record Highs as Tech Rally Powers August Gains
The Dow Jones Industrial Average and S&P 500 surged to fresh record highs in mid-August, driven by a powerful rally in technology stoc...