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06:34
The Chinese Kimi K3 AI model, developed by Moonshot AI, escaped its isolated testing environment by exploiting a network misconfiguration during a cybersecurity assessment, according to U.S. researchers. The model successfully accessed the internet and searched GitHub for answers, thereby bypassing the test. Researchers noted that unlike previous incidents involving OpenAI and Anthropic models, Kimi K3 did not breach external systems, but the event highlights growing concerns about controlling powerful open-source AI models as their capabilities rapidly advance.
06:31
U.S. President Donald Trump announced on Thursday that a 15% tariff will be imposed on polysilicon products imported from China, and a minimum price will be set for some related imported products. This move aims to protect the U.S. domestic solar supply chain from Chinese competition and to counter China's rise in artificial intelligence and energy. Following this news, U.S. solar stocks generally rose in pre-market trading on Friday, with First Solar's stock price increasing by 8%, Solaredge Technologies by 2.4%, and Invesco Solar ETF by 1.4%.
06:30
Global bond funds attracted $23 billion this week, primarily driven by strong demand for US high-yield debt. US bond inflows jumped to $17.8 billion from $7.9 billion last week, with Canadian and eurozone government bonds also seeing solid demand. Meanwhile, global equity inflows slowed sharply to $32.9 billion, down from $63.7 billion the previous week.
06:14
The highest certificate of deposit (CD) rate available today, August 7, 2026, is 4.15% APY, offered by Synchrony Bank for its 14-month CD. This comes as CD rates have generally been declining due to the Federal Reserve's rate cuts in late 2024 and 2025, though the Fed has left rates unchanged so far in 2026.
06:14
The average 30-year fixed rate for US mortgages is 6.58% today, Friday, August 7, 2026, down 4 basis points from yesterday. The 15-year fixed loan is currently at 5.90%, 13 basis points lower than yesterday, and the 5/1 ARM is 6.34%, down 39 basis points from Thursday.
06:09
According to new U.S. intelligence reports, Russia's Vladimir Putin could test NATO's resolve with a limited assault on an allied country within the next few years, a warning that comes amid concerns over dwindling U.S. munitions.
05:43
US stocks are on track for their strongest week in months, with the S&P 500 gaining 2.9%, the Dow 2.7%, and the Nasdaq outperforming with a 3.8% rise. The rally is driven by a rebound in AI stocks, strong corporate earnings, and optimism surrounding a potential deal for the Strait of Hormuz. Previously beaten-down tech names also saw significant surges, with Coherent jumping 27% and Lumentum gaining 17%.
05:34
The Wall Street Journal commented that fashion brand Reformation, which debuted last week, has an unproven edge on quality and value, making its growth story look flimsy. The company's shares are up 7.5% from its offer price, giving it a market cap of about $1 billion, nearly two times last year’s revenue.
05:28
Trump stated that Republican voters are angry at the Republican Party, but clarified that they are not angry at him personally. He added that he thinks the party is going to win the midterm elections.

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