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Salesforce (CRM) Jumps 23% on Claudeforce: What Anthropic…

Salesforce (CRM) Jumps 23% on Claudeforce: What Anthropic…

Claudeforce is not an AI feature bolted onto a CRM. That framing, which most of the coverage reached for in the first 24 hours, gets the direction of travel exactly backwards. The larger half of

Business
Warsh Turns Hawkish at Jackson Hole: Dollar Jumps, Stocks…

Warsh Turns Hawkish at Jackson Hole: Dollar Jumps, Stocks…

Kevin Warsh did not give markets the forward guidance they wanted at Jackson Hole. He gave them something more consequential: a much clearer hierarchy of risks. Inflation is first. In his first Jackson Hole keynote

Business
New York Warns AI Is Making an $8 Billion Investment Scam…

New York Warns AI Is Making an $8 Billion Investment Scam…

New York has warned that artificial intelligence is helping criminals create more convincing investment scams as reported US losses approach $8 billion a year. The New York Department of State alert was published on 26

Business
Nvidia (NVDA) Is Reported to Have Agreed to Buy Hugging…

Nvidia (NVDA) Is Reported to Have Agreed to Buy Hugging…

Nvidia (NASDAQ: NVDA) is reported to have agreed to buy Hugging Face, the default public hub for open-source AI models, for $12.9 billion. The report landed the same day Nvidia posted its record second-quarter results,

Business
OpenAI’s First Chip Beat Blackwell on…

OpenAI’s First Chip Beat Blackwell on…

OpenAI presented the first benchmarks for its custom inference chip, Jalapeño, on Tuesday, and the comparison it chose was Nvidia (NASDAQ: NVDA). On SemiAnalysis's public InferenceX benchmark, the chip, built in partnership with Broadcom (NASDAQ:

Business
Bessent’s Own Mentor Druckenmiller Just Told Him to…

Bessent’s Own Mentor Druckenmiller Just Told Him to…

The sharpest criticism of Treasury Secretary Scott Bessent's bond-buyback plan this week did not come from a partisan opponent or a rival on Wall Street. It came from Stanley Druckenmiller, the legendary macro investor who

Business
Apple (AAPL) Hands Over to a New CEO on September 1, and…

Apple (AAPL) Hands Over to a New CEO on September 1, and…

On September 1, John Ternus becomes chief executive of Apple (NASDAQ: AAPL), and Tim Cook steps into the role of executive chairman. The handover has been known since April, when Apple announced it and the

Business
Bitcoin Topped $77,000 and Booked Its Best Week Since March…

Bitcoin Topped $77,000 and Booked Its Best Week Since March…

The bitcoin price pushed past $75,000 this week and topped $77,000 on Friday, up about 20% over the five sessions. That would be its best week since March 2024, according to Bloomberg, which put the

Business
Marex Takes Nottingham Forest Shirt Deal as Betting Ban…

Marex Takes Nottingham Forest Shirt Deal as Betting Ban…

Marex has agreed a multi-year principal partnership with Nottingham Forest that puts the financial-services company's name on the club's men's and women's football shirts and its netball dresses. The agreement announced by Marex on 18

Business
Florida Man Pleads Not Guilty to $180,000 High-Yield…

Florida Man Pleads Not Guilty to $180,000 High-Yield…

A Florida man has pleaded not guilty to two federal wire-fraud charges alleging that he solicited money for nonexistent short-term investments, diverted the funds to personal expenses and gambling, and caused victims to lose at