Goldman Sachs has identified Zhipu, DeepSeek, and ByteDance as its preferred Chinese artificial intelligence models, according to a research report released by the investment bank on Friday. While Zhipu is the only publicly traded company among the three, analysts emphasize that all three firms are demonstrating “near-frontier” performance that challenges global proprietary models in key … Read more
The 2026 NATO Summit in Ankara, Turkey, concluded with heightened friction between the U.S. and alliance members over Middle East security commitments. While President Donald Trump pressed NATO leaders to take a more active role in countering Iran, the summit underscored shifting geopolitical alliances. Simultaneously, global markets are reacting to these tensions while tracking major … Read more
South Korea’s benchmark stock index, the Kospi, has entered bear market territory, falling more than 20% from its June 19 record high, according to LSEG data. This sharp reversal follows a period as one of the world’s hottest equity markets, driven by a cooling in investor sentiment toward artificial intelligence and high concentration in a … Read more
S&P 500 futures remained near flat Wednesday evening following a market sell-off triggered by U.S. strikes on Iran and rising oil prices. According to U.S. Central Command, the strikes responded to Tehran’s attacks on commercial shipping in and around the Strait of Hormuz, prompting West Texas Intermediate crude futures to rise nearly 1%. Why are … Read more
Federal Reserve officials are signaling a potential shift in monetary policy, with members divided over whether a single interest rate hike will be sufficient to curb persistent inflation. While the committee’s current framework points toward a solitary move, historical data and expert analysis suggest the central bank typically operates in extended cycles of tightening or … Read more
A European Union court has rejected Apple’s bid to challenge its designation as a “gatekeeper” under the Digital Markets Act (DMA), upholding the Commission’s regulatory authority. The court ruled that Apple’s argument regarding fundamental rights lacked a direct legal connection to the designation, while also dismissing the company’s attempt to treat its five separate App … Read more
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
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
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
OPEC+ has finalized an agreement to increase oil production quotas by 188,000 barrels per day (bpd) starting in August, according to a group statement released on Sunday. This move aims to stabilize global supply as the Strait of Hormuz gradually reopens, though production recovery remains hindered by lingering geopolitical tensions and shifting regional alliances. Why … Read more