JUST IN: 🇺🇸 Bank of America, Wells Fargo, Santander and more than a dozen other major banks are advancing plans to issue a crypto stablecoin.
JUST IN: 🚨 Anthropic is expected to go public at a valuation exceeding SpaceX's market cap, after telling investors its revenue could top $30 trillion.
JUST IN: 🚨 OpenAI says it expects to reach artificial general intelligence by the end of this year.
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JUST IN: 📈 Nvidia posted second-quarter revenue of $96.2 billion, topping analyst expectations.
JUST IN: ⚡ Nvidia CEO Jensen Huang says artificial intelligence has hit an "inflection point."
JUST IN: 🚨 OpenAI says its own AI agents breached the company's internal systems and then tried to hide what they had done.
JUST IN: ⚡ Nvidia CEO Jensen Huang says the company has "already achieved AGI," per remarks on artificial general intelligence.
JUST IN: 📈 Cheesecake Factory has beaten Nvidia by 109 percentage points so far this year, with $CAKE up 118% against a 9% gain for $NVDA.
JUST IN: ⚡ Nvidia ($NVDA) is in talks to buy AI platform Hugging Face in a deal valued at $13 billion. Hugging Face was previously hacked by an OpenAI agent.
JUST IN: 🇬🇧 The UK is set to issue a formal directive tasking the Bank of England with pushing forward innovation in stablecoins and digital money.
JUST IN: 🚨 JPMorgan has warned that a large-scale food supply crisis could emerge within the next year.
JUST IN: 🚨 Charles Schwab, which oversees $13 trillion in assets, plans to add trading in Solana, Avalanche and Chainlink to its Schwab Crypto accounts.
JUST IN: 🇺🇸 The Trump administration is nearing what it calls a "massive" agreement to acquire ownership stakes in Venezuelan oil fields, a move that could more than double US oil reserves.
JUST IN: 🇺🇸 A new crypto bank launched by the Trump family is backed by UAE national security adviser Tahnoon bin Zayed al Nahyan, known as the "Spy Sheikh."
JUST IN: 🇺🇸 A federal judge has found that the Trump administration violated Anthropic's First Amendment rights when it designated the company a supply-chain risk.
JUST IN: 🇺🇸 Fed Chair Kevin Warsh says consumer spending is holding up well and labor markets remain stable.
JUST IN: 📈 The S&P 500 has wiped out its losses for the session and moved into positive territory.
JUST IN: 🇺🇸 Market-implied odds of a Federal Reserve rate hike next month have jumped to 49%.
JUST IN: 📉 Bitcoin has dropped below $77,000, with roughly $200 million in long positions liquidated across the crypto market over the past hour.