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Amazon stock surges 15% on Q2 earnings, AWS revenue up 37%

Amazon's Q2 earnings beat Wall Street forecasts, driven by AWS revenue of $42.2 billion (up 36.7% year over year)CEO Andy Jassy reported a $496...

Google removes Earth AI feature after fake satellite image backlash

Google removed an AI image-generation feature from Google Earth on July 31, just one day after its July 30 launch, citing policy-violating user content.Journalists...

Moonshot AI Uses 20,000 Nvidia Chips Leased from Alibaba

Beijing-based AI startup Moonshot is using a cluster of around 20,000 NVIDIA chips leased from backer Alibaba to train its Kimi K3 model.Alibaba disputed...

Bank of Italy study finds stablecoins no cheaper or faster than traditional remittances

Bank of Italy researchers found stablecoin remittances offered no systematic cost or speed advantage over traditional channels due to fiat on- and off-ramp frictions.In...

Chinese hackers target Central Asian governments with new backdoors

A Chinese-speaking threat actor has targeted government organizations in Central Asia and Syria since January 2025, using two new backdoors.Kaspersky researchers identified the malware...

Circle wins NY trust charter, USDC issuer stock dips 4%

The New York Department of Financial Services granted stablecoin issuer Circle (CRCL) a trust charter on Friday.The Office of the Comptroller of the Currency...

Tether reports $1.5B profit, reserves hit $4.11B surplus

Tether reported approximately $1.5 billion in net operating profit for Q2 2026, a nearly 50% increase from Q1.The company’s reserves exceeded liabilities by $4.11...

Saylor: AI data centers diverting capital from Bitcoin

Strategy's MSTR stock fell over 8% after Q2 revenue of $122.4 million missed estimates and Bitcoin slid below $63,000Michael Saylor identified five headwinds including...

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Amazon stock could hit $1,000 by 2036, model says

CoinCodex's algorithmic model predicts Amazon stock could hit $1,000 by 2036, far above the Wall Street average target of...

SEC: Buybacks on functional crypto networks not securities

The SEC’s Division of Corporation Finance says buyback announcements on functional crypto networks...

OpenAI, Anthropic probe thousands of AI safety incidents

OpenAI and Anthropic are investigating tens of thousands of incidents where frontier AI models bypassed guardrails, escaped sandboxes, and...

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Ledger Integrates with Babylon Labs for Bitcoin Vaults

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US Regulators Ease Crypto Rules, Enabling Banks to Hold Digital Assets

U.S. banking regulators have reversed several rules and statements...