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9/1
16:51
Palo Alto Networks reported an earnings beat for its fiscal fourth quarter. Shares of the cybersecurity company initially rose 5% in extended trading, as demand for AI cybersecurity products continues to grow.
16:48
OpenAI stated on August 30 that the move was due to its inability to trust Musk's SpaceX to comply with its terms of service. The co-founder of Cursor said that OpenAI models currently account for only about 5% of its traffic. Anthropic has partnered with SpaceX to increase computing power support for Claude model deployment to ensure service continuity.
16:48
Brent crude futures rose another 1.3% on Tuesday after two supertankers carrying Saudi crude were hit by an unknown projectile on Monday night while exiting the Strait of Hormuz.
16:48
Iran's Central Bank Governor Abdolnaser Hemmati stated on Tuesday that Tehran possesses ample foreign exchange reserves, and the central bank is prepared to inject up to $2 billion into the forex market to calm the recent sharp fluctuations of the rial. This statement comes as the rial fell to a historic low of 2 million rials to $1 in August, and the annualized inflation rate rose to 66% in July.
16:32
Canadian stocks suffered their worst rout in nearly a month, driven by an escalation in Middle East tensions and persistent inflation worries, which triggered a selloff in technology and financial shares.
16:30
Palo Alto Networks reported a 34% year-over-year increase in fourth-quarter revenue and projected first-quarter and full-year revenue and adjusted earnings per share to exceed analysts' expectations. CEO Nikesh Arora stated that the acceleration of AI-powered attacks is compelling customers to bolster their cyber defenses, providing a long-term growth driver for the company's business. To enhance its AI security offerings, the company plans to acquire the agent-based AI startup Console. Despite the optimistic results and guidance, the company's stock fell 5% during regular trading hours and further declined by approximately 2% in after-hours trading.
16:19
China's decision to delay its ambitious Chang'e-7 mission to land on the moon's south pole until the end of the year may provide the U.S. with some respite in the increasingly competitive race for lunar water resources, according to Nikkei Asia.
16:14
OpenAI announced that Astra is its first model to achieve the "Critical" cybersecurity capability, the highest level in the company's "Preparedness Framework," meaning it can autonomously discover and exploit previously unknown security vulnerabilities. The model will be launched soon, but access to its cybersecurity capabilities will be restricted. This move comes after OpenAI previously disclosed that its models had breached their training environment and infiltrated Hugging Face systems, drawing close scrutiny of its security practices.
16:12
The Financial Times reported that leaked documents reveal Russia's secret plans to help Iran develop a supersonic cruise missile, in what is considered one of Moscow's most significant known transfers of military technology to Tehran.
16:11
Dell Technologies reported its AI server business booked $60.9 billion in orders and saw $16.4 billion in revenue in the July quarter, marking a 100% increase from a year ago. The company exited the second quarter of fiscal 2027 with a backlog of $95 billion, up from $51.3 billion in its last earnings report, reflecting accelerating demand and a raised outlook.
16:08
William Pesek, a commentator for Nikkei Asia, wrote that US Treasury Secretary Scott Bessent has drawn the wrong lessons from Japan, believing that cheap money and a weak dollar could lead the US to lose an unbearable amount of trust. Bessent previously spoke at the G20 Finance Ministers and Central Bank Governors meeting in Asheville, North Carolina, on August 31.
15:56
Israel's Ministry of Finance and Ministry of Defense are clashing ahead of budget decisions, as the soaring costs of the country's multiple ongoing wars are putting immense pressure on the government budget. The military has warned that failure to resolve the dispute could jeopardize national security. The government is seeking an additional 15 billion shekels (approximately $5 billion) allocation for the military, which would increase the 2026 defense budget to 184 billion shekels (approximately $60.8 billion), nearing historical highs.
15:53
GoPro announced on Tuesday a definitive merger agreement with Starman Optical, a privately held photonics company, expanding its business into AI data centers and the defense market. Following the announcement, GoPro's stock surged 38%. Under the agreement, GoPro shareholders will receive a cash payment of $285 million, or $1.14 per share, and the company's stock will continue to be listed on Nasdaq. Nicholas Woodman, GoPro's CEO, stated that the merger will enable GoPro to grow as a leading U.S. imaging and optical solutions company across consumer, commercial, and defense markets, addressing national security critical areas related to cameras, optics, and AI infrastructure. Prominent YouTuber Markiplier holds an 8.5% stake in GoPro, and BlackRock has disclosed a 6.4% stake.
15:40
The Block's investigation reveals that Robinhood Wallet and Fomo app allow users to purchase memecoins like dogwifhat (WIF) with credit cards (via Apple Pay or Google Pay) through products from crypto infrastructure company Crossmint. These transactions are categorized as "digital media" (MCC 5815), rather than the cryptocurrency transaction categories (MCC 6012 or 6051) mandated by credit card networks. This circumvents credit card network restrictions on crypto transactions and allows users to earn rewards points. Chase Bank believes this classification is incorrect and has filed a complaint with Visa regarding the matter. The New York Attorney General's office has also stated it is reviewing the issue.
15:13
Apple's new CEO, John Ternus, sent his first company-wide memo on Tuesday, thanking former CEO Tim Cook for his leadership and assistance. He expressed anticipation for next week's iPhone launch event, calling it "incredibly extraordinary." He also conveyed excitement for future product plans, mentioning "amazing products in the pipeline." Additionally, according to Greg Joswiak, head of marketing, Apple plans to launch a foldable iPhone, AirPods with cameras, smart glasses, desktop robot home devices, and touchscreen MacBooks.
15:08
European natural gas benchmark futures prices rose to their highest level since January 2023, following new U.S. attacks on Iran.
14:52
Leuven Mayor Mohamed Ridouani stated on Monday evening that the city would not approve the Europa League match between Belgian team Union Saint-Gilloise and Israeli team Hapoel Beer-Sheva, scheduled for October 22, even if played behind closed doors. UEFA was informed of Leuven's position on Tuesday and stated that the home team is responsible for finding an alternative venue. Since the Hamas attack on Israel in October 2023, UEFA has mandated that all Israeli club and national team home matches in European competitions must be played in neutral countries, but requests for away matches to be relocated are rare.
14:49
Pennsylvania Gov. Josh Shapiro said Tuesday that "too many" data center developers don't care about the communities where they are building artificial intelligence-sector projects. His comments came a day after President Donald Trump said the only reason American communities should not want AI data centers "is if they want to end up being backwards and poor." Shapiro previously signed an executive order on Aug. 18, mandating that data center proposals comply with the Governor's Responsible Infrastructure Development (GRID) Requirements and removing AI data center projects from a fast-track approval program. A Gallup survey released in May found that "seven in 10 Americans oppose constructing data centers for artificial intelligence in their local area."
14:39
US Rep. Madeleine Dean, a member of the House Foreign Affairs Committee, called President Trump's messaging around the war in Iran "extremely reckless," stating that the US and its Middle Eastern allies are all less safe as a result. She also expressed wariness regarding a potential bill for increased sanctions against Russia, predicting it will not come to a vote this week and raising concerns about the increased tariff authority it would grant President Trump.

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