business news

China Issues Warning Over Anthropic’s Claude Code AI Risks

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China’s Ministry of Industry and Information Technology has identified a "security back-door" in the Claude Code artificial intelligence tool, according to an official statement released Wednesday. The vulnerability, which affects versions 2.1.91 through 2.1.196, reportedly allows the autonomous coding software to transmit sensitive user data, including identity and location information, to remote servers without explicit … Read more

Temasek Targets AI and Private Credit as Portfolio Hits Record High

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Temasek Holdings, the Singapore state investor, reached a record net portfolio value of SG$518 billion ($401 billion) for the fiscal year ending March 31, according to company reports. The firm achieved a 10.5% total shareholder return, bolstered by strong domestic equity performance and strategic divestments, despite headwinds from geopolitical instability and currency fluctuations. What drove … Read more

Kalshi Traders See Low Odds of U.S. Stake in OpenAI by 2026

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Market participants are signaling skepticism toward reports that the U.S. government will take equity stakes in major artificial intelligence firms like OpenAI and Anthropic. While the Financial Times reported that OpenAI proposed a 5% government stake, traders on the prediction platform Kalshi currently place the probability of the U.S. government acquiring a stake in either … Read more

Meta Debuts Muse: Its First AI Image Generation Model

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Meta has launched Muse Image, a proprietary generative artificial intelligence model designed to create and edit images for consumers and advertisers. According to the company, the model will be integrated across the Meta AI app, WhatsApp, Instagram, and Facebook, while also powering automated ad-creative tools within the Advantage Plus service to reduce reliance on third-party … Read more

Why Nvidia Remains the Market’s Focal Point Despite Recent Stock Lags

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Nvidia continues to anchor the global artificial intelligence infrastructure despite recent market volatility and growing investor skepticism. According to CNBC’s Jim Cramer, while the chipmaker faces pressure from customers developing internal AI processors and reports of potential product delays, it maintains its position at the center of the industry. Nvidia shares currently trade at roughly … Read more

Why One Analyst Is Betting Against SpaceX Stock

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SpaceX has encountered a rare moment of investor skepticism following its initial public offering, as research boutique MoffettNathanson initiated coverage with a neutral rating and a $131 price target. While the broader market maintains a bullish outlook on the company’s $2 trillion valuation, MoffettNathanson’s target suggests an 18% downside from the stock’s closing price of … Read more

SpaceX Valuation Could Hit $800B, Analyst Predicts

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SpaceX shares could quintuple in value as the company’s Starship launch technology transitions into a critical piece of global industrial infrastructure, according to a report from investment firm Raymond James. Following the expiration of a 25-day quiet period for underwriters, Raymond James initiated coverage of the aerospace firm with a strong buy rating and an … Read more

Oil Market Risks: Key Threats to Watch

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Iran and Oman’s proposal to jointly administer the Strait of Hormuz and collect administrative fees has prompted energy market participants to fear similar tolls in the Strait of Malacca. Investors worry this development could establish a precedent for taxing other critical maritime corridors. Why are investors worried about a “toll booth” in the Strait of … Read more

Samsung Electronics Q2 Profit Hits Record High

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Samsung Electronics reported a preliminary second-quarter operating profit of 89.4 trillion won ($58.4 billion), marking a significant increase from the 4.7 trillion won recorded during the same period last year. While revenue for the April-to-June period rose to 171 trillion won, Samsung shares traded nearly 5% lower at Tuesday’s opening. How much did Samsung’s revenue … Read more

Meta Under Fire in India Over Instagram Child Abuse Ads

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The Indian government has issued formal warnings to Meta regarding Instagram and WhatsApp, demanding the immediate removal of child sexual abuse material from paid advertisements and pausing new feature rollouts to mitigate cybercrime risks. These actions underscore increasing regulatory scrutiny over social media safety and data governance in one of Meta’s largest global markets. Why … Read more

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