Altimeter’s Gerstner blasts researchers voicing AI extinction warnings, questions ‘political agenda’
Brad Gerstner responded to the flurry of AI stories this week after a researcher quit his job at Anthropic, accusing AI companies of “gambling with our lives.”
Dell stock jumps on RBC initiation, now up nearly 350% in 2026
Dell sold about $16.4 billion of AI servers in its second quarter, RBC said.
Bitcoin is back, but potential Clarity Act fail and Dem midterms win could come for crypto prices
Bitcoin’s price has been rallying, but it’s still down in 2026. Failure of the Clarity Act ahead of Democratic gains in the midterms could be new headwinds.
Consumer outlook plunges in September as inflation outlook worsens
The survey’s headline index hit a level of 47.8, down 7.5% from the August reading and off 13.2% from a year ago.
Analysis: Hot inflation data sets up a Fed rate hike. What happens if Warsh wavers
August CPI data leaves Kevin Warsh to choose between acting on his inflation warnings or risking new doubts about his control of the central bank.
Why fears of AI self-improvement are causing ‘existential’ concerns at Anthropic and OpenAI
AI researchers are warning that faster AI self-improvement could eventually make advanced systems harder for humans to control.
Oracle’s stock edges up on earnings beat as cloud infrastructure revenue more than doubles
Oracle’s results for the quarter came in stronger than expected, as did its revenue backlog.
Friday’s CPI inflation report is even more important than usual. Here’s what to expect
The Bureau of Labor Statistics will release the August consumer price index report at 8:30 a.m.
Elon Musk’s Boring Co. turns to Middle East for expansion in reaching $23 billion valuation
The Boring Co.’s latest $3 billion financing round was led by the United Arab Emirates.
30-year fixed mortgage rate tops 7% for the first time in over a year
The average rate on the 30-year fixed mortgage crossed over 7% for the first time in more than a year, as home prices continue to rise and sales drop.
