At first, the team envisions that those ideas will be codeveloped with humans, but their goal is deeply automating the process. If it works out, they contend, its possible that a few dedicated indivi… [+3562 chars]

Jeff Dean and other high-profile Google executives have founded Discovery Loop, a startup that will seek AI-powered breakthroughs in everything from drug discovery to chip design.

Wired

4 of Google’s Top AI Brains Are Leaving—and Launching Their Own AI Startup - WIRED

Stocks lost some steam around midday after a morning rally, with the Nasdaq Composite now retreating. The Dow industrials advanced.
SpaceX and Advanced Micro Devices were both in negative territory.… [+578 chars]

Live updates on markets and the top finance, economics and business stories. Plus the latest on oil prices, the Dow, S&P 500 and Nasdaq.

The Wall Street Journal

Stock Market Today: Dow Opens Higher; SpaceX Stock Slides After Earnings — Live Updates - wsj.com

Theme Parks and ‘Toy Story 5’ Boost Disney Results - wsj.com

SpaceX Needs to Make Its Bigger Rockets Work - WSJ

What happened: Advanced Micro Devices (AMD) dropped 5% in early trading on Wednesday.
What's behind the move: The chipmaker reported record revenue and second quarter earnings on Tuesday, beating Wa… [+2518 chars]

AMD stock fell on Wednesday as analysts said the stock had been priced for exceptional results.

Yahoo Entertainment

'This was not an exceptional result': Why AMD stock tanked 5% after earnings - Yahoo Finance

Chances are that by now you have read about Paramount’s effort to buy Warner Bros. Discovery. But what you likely have missed is the lawsuit filed by twelve state attorneys general in federal court t… [+5311 chars]

"I don’t believe government should use its powers to determine who owns a news platform or to control how that outlet reports the news," writes the former Fox and CNN anchor, who is now a paid advisor at a firm that has a large stake in Paramount.

Hollywood Reporter

Chris Wallace: States Are Playing Politics With the Law to Block Paramount’s Warner Bros. Deal - The Hollywood Reporter

The S&amp;P 500 rose to a new all-time intraday record on Wednesday, building on its big rally in recent days, as traders pored through the latest batch of strong corporate earnings reports and grew … [+2530 chars]

Stocks rallied on Tuesday as the S&P 500 and the Dow Industrials closed at new records.

CNBC

S&P 500 rises to new record at open, riding 5-day rally on strong earnings, Iran optimism: Live updates - CNBC

Companies in the private sector added 44,000 jobs in July, payroll processing firm ADP said in its latest report on Wednesday.
The figure is below economists’ estimates of a gain of 70,000 jobs and … [+1888 chars]

The figure reported on Wednesday is below economists’ estimates of an increase of 70,000 jobs. The prior month's reading was revised lower to 95,000.

Fox Business

Private sector added 44,000 jobs in July, below expectations, ADP says - Fox Business

A massive cyclosporiasis outbreak linked to shredded iceberg lettuce has expanded to an additional six states, according to a source familiar with the matter. 
The outbreak, caused by a microscopic … [+3209 chars]

A massive cyclosporiasis outbreak linked to shredded iceberg lettuce has expanded to an additional six states, according to a source familiar with the matter.

NBC News

Cyclosporiasis outbreak has expanded to six more states - NBC News

Citadels flagship fund surged 5.9% in July as the firm became one of the few winners from the turmoil at artificial-intelligence hedge fund Situational Awareness. 
The results show Citadels rapid de… [+204 chars]

Citadel’s flagship fund surged 5.9% in July as the firm became one of the few winners from the turmoil at artificial-intelligence hedge fund Situational Awareness.

Bloomberg

Citadel Jumps 6% After Fire-Sale Situational Awareness Deal - Bloomberg.com

SpaceX (SPCX) is all-in on Nvidia (NVDA). 
CEO Elon Musk told investors during the company's first-ever earnings call that going forward, SpaceX will build its AI services exclusively on Nvidia's sy… [+1909 chars]

SpaceX says it will build data centers exclusively using Nvidia's graphics chips.

Nvidia stock rises, as Musk says SpaceX will exclusively use company's chips - Yahoo Finance

Minneapolis Federal Reserve President Neel Kashkari said Wednesday that he thinks higher interest rates are needed now to bring down inflation and avoid more drastic increases later.
In a CNBC inter… [+2708 chars]

Kashkari was one of three dissenters at last week's Federal Open Market Committee meeting.

Fed's Kashkari says 'now is the time to start slowly moving' rates up - CNBC

Micron Technologystock was gaining early on Wednesday. There was good news about future memory prices fromSpaceXCEO Elon Musk.
Copyright ©2026Dow Jones &amp; Company, Inc. All Rights Reserved. 87990… [+26 chars]

Micron stock could get further gains if Elon Musk's predictions on memory prices come true.

Barron's

Micron Stock Rises After Musk Flags Surging Memory Prices - Barron's

Information in Investors Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. … [+1064 chars]

Gross operating profit eased worries over margin pressure from AI investments.

Investor's Business Daily

Shopify Soars As Q2 Operating Profit, Revenue Top Expectations - Investor's Business Daily

Michael Burry warns of 1987-style crash, holds Nvidia shorts
Global business news for a smarter world
<li>Privacy and Cookie Settings</li>
© 2026 Quartz Media, Inc. All rights reserved.
The "Big … [+2771 chars]

The "Big Short" investor said all his short positions remain profitable except his bet against Nvidia stock

Quartz India

Michael Burry warned of a 1987-style crash — and kept his AI shorts open - qz.com

Uber stock fell after its Q2 results missed estimates for revenue and its growth forecast came up short of prior expectations.

Uber Stock Slips After Earnings. Here Are The Numbers To Know. - Investor's Business Daily

Texas-based convenience store chain Buc-ees is suing a small Ohio business, claiming its name and logo are too similar to the companys trademarked beaver mascot.
According to reporting by WDTN, Buc-… [+1659 chars]

Texas-based convenience store chain Buc-ee’s is suing a small Ohio business, claiming its name and logo are too similar to the company’s trademarked beaver mascot.

KPRC Click2Houston

Buc-ee’s sues convenience store over beaver logo, alleges trademark infringement - Click2Houston

Ken Griffin's Citadel posted strong gains across its major hedge funds in July, helped by a recovery in risk assets and a discounted purchase of assets from the collapse of Leopold Aschenbrenner's Si… [+2226 chars]

The July gains came after Citadel acquired the bulk of the public-stock portfolio formerly held by Situational Awareness late last month.

Ken Griffin's Citadel posts best month in years after scooping up Situational Awareness stocks - CNBC

Mortgage demand continued to plummet last week, after mortgage rates rose to their highest level in over a year. 
Total mortgage application volume dropped 2.9% week to week, according to the Mortga… [+2304 chars]

Mortgage rates rose to the highest level in over a year, causing total mortgage demand to drop below year-ago levels.