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9/14
15:53
Donald Trump called stricter AI regulation a "sick conspiracy," fearing China would win the AI race as a result; global AI-related stocks plummeted on Monday.
U.S. President Donald Trump stated that calls for increased regulation of artificial intelligence (AI) are a "sick conspiracy" designed to allow China to surpass the United States in AI technology. He believes existing regulations are sufficient and warned "conspiracy theorists and traitors." Trump emphasized that the only "control or guardrail" AI needs is a "strong and smart president."

This marks the second consecutive day Trump has rejected calls to slow down AI development. Previously, Anthropic CEO Dario Amodei published a blog post advocating for a slowdown in AI development, stating that AI agents could "take over the entire internet within 6 to 12 months, causing hundreds of billions of dollars in damage." This proposal was supported by executives such as Musk and OpenAI CEO Sam Altman.

Affected by concerns over AI development, global AI-related stocks plummeted on Monday morning. The Nasdaq 100 index fell 1.7% in early trading, and the Philadelphia Semiconductor Index dropped 6%, with NVIDIA down 3.5%, AMD down 5.6%, and Micron down 6.7%. European tech stocks fell 2.3%, and SoftBank in Asia plunged 13.2%. Analysts believe that a slowdown in AI spending will impact the economy and stock markets.
15:50
UK regulators to develop tokenization roadmap after industry feedback
The Financial Conduct Authority (FCA) received 123 responses to its wholesale tokenization consultation, with most respondents identifying post-trade processes as the main opportunity for adoption.
15:47
Elon Musk retweeted that all rural schools in Argentina's Neuquén Province have been connected to the internet via Starlink.
Elon Musk reposted a tweet from cb_doge, stating that all rural schools in Argentina's Neuquén province now have internet access via Starlink. Since 2024, approximately 300 Starlink antennas have been installed in the province under the "Pehuén Plan," achieving 100% internet connectivity for schools, a significant accomplishment for remote education.
15:46
Harbor Human Capital Factor US Large Cap ETF (HAPI) tracks companies based on employee happiness
Harbor Human Capital Factor US Large Cap ETF (HAPI) tracks companies based on employee happiness. David van Adelsberg, founding partner & CEO at Irrational Capital, discussed the ETF on "Bloomberg ETF IQ."
15:43
Bank of America CEO Moynihan says it's 'encouraging' to hear AI firms taking risk seriously
Bank of America chairman and CEO Brian Moynihan said it is 'encouraging' to hear that AI firms are taking the responsibility of AI safety seriously, as leaders raise the alarm about the pace of innovation and potential ramifications.
15:37
The White House has submitted multiple nominations to the Senate, including federal judges, ambassadors, and departmental officials.
The White House has released its latest list of nominations submitted to the Senate, including candidates for multiple federal district judgeships, members of the U.S. Sentencing Commission, Assistant Secretary of Commerce, Secretary of the Navy, Deputy Secretary of the Treasury, U.S. Ambassador to Saudi Arabia, U.S. Ambassador to Haiti, and U.S. Ambassador to Barbados and other Caribbean nations. These nominations cover key positions across various sectors, including judicial, executive, and diplomatic roles.
15:35
Nikkei: Japan has not taken specific countermeasures due to LNG demand a month after Putin's visit to the disputed islands.
Nikkei Asia reported that a month has passed since Russian President Putin visited the disputed islands in the Northwest Pacific. Although Japanese Prime Minister Sanae Takaichi expressed opposition, Tokyo has not yet taken any specific countermeasures. This highlights the complex relationship between Japan, a major energy supplier, and Russia, especially in the context of the Iran war, where Japan is reluctant to take a tough stance against Moscow to ensure its liquefied natural gas (LNG) supply.
15:34
Trump and OpenAI CEO Sam Altman split over AI safety after private meeting last week
According to MS NOW, President Trump privately met OpenAI CEO Sam Altman last week to discuss AI and its growing power. Days later, their positions diverged sharply, with Altman backing slowing frontier AI development to prioritize safety, while Trump rejected additional guardrails, warning that regulation could undermine America’s AI leadership and economic growth.
15:32
CrowdStrike and Palo Alto Networks are leading software stocks toward a never-before-seen feat
The software sector is on pace to outperform the chip sector by a historic degree in the face of escalating AI fears.
15:29
The Federal Reserve extends reserve management purchases until mid-October.
The Federal Reserve on Monday said it would pause its purchases of Treasury bills for reserve management purposes for a second consecutive month, signaling policymakers are comfortable with the level of bank reserves in the financial system.
15:28
Trump's $800 million World Liberty Financial token stake now has a sellable timeline, locked in a vesting contract until 2028 with a mandatory 10% burn
15:26
Elon Musk reposted Grok's tweet, highlighting C/C++ as essential for extreme performance work like AI training stacks
The reposted tweet from Grok emphasized that C/C++ provides direct hardware and memory control with near-zero overhead, delivering the raw speed needed for such demanding tasks. It added that higher-level languages introduce layers that consume processing cycles, asserting C/C++ remains crucial for systems, games, embedded, and high-performance computing, rather than being a relic.
15:26
Not all tech is under fire in Monday's selling, while investors seek refuge in defensive stocks
15:15
U.S. Treasury Sanctions Russia's VTB Bank, Citing Its Role as Key Financial Node for Iran
The U.S. Treasury Department on Monday imposed additional sanctions on VTB Bank, Russia's second-largest financial institution, identifying it as a critical financial node for Iran's Islamic Republic. The move aims to pressure international partners to sever dealings with VTB, as Treasury Secretary Scott Bessent has repeatedly threatened secondary sanctions against foreign companies that help Iran circumvent U.S. economic restrictions.
15:15
SGH Wealth Management CIO Huszczo expresses concern about 'overconfidence' in markets
Sam Huszczo, founder and CIO of SGH Wealth Management, stated on "Bloomberg ETF IQ" that investors might be getting a bit overconfident amid the current bull market.
15:08
Iran's IRGC: Oil Tanker Exploded After Colliding with Mines in Strait of Hormuz and Caught Fire
15:07
Bitcoin tops $79K, oil falls as Trump says Iran war could end
Bitcoin's price rose toward $80,000 after US President Donald Trump hinted that the US-Iran war would end, pushing oil prices lower.
14:46
Anthropic's safety warning weighs on data center stocks, but compute demand still outstrips supply
14:46
Bank of America CEO Brian Moynihan stated that Q3 trading revenue is expected to be flat and investment banking revenue will fall short of expectations, causing the bank's stock price to plummet nearly 6% during intraday trading.
Bank of America CEO Brian Moynihan said on Monday that third-quarter trading revenue would be "relatively flat" compared to the same period last year, and that investment banking fees are expected to be between $1.6 billion and $1.8 billion, below analysts' previous estimate of $2 billion. Following his remarks, Bank of America's stock price fell by nearly 6% during intraday trading, making it the worst-performing stock in the KBW Bank Index for the day. Goldman Sachs and Citi's stock prices also fell by 4.3% and 4.2%, respectively.
14:46
Apple has officially rolled out iOS 27, with the next-generation Siri AI entering public beta, capable of understanding context and performing cross-app tasks.
On Monday, September 14, Eastern Time, Apple officially rolled out multiple system updates to users, including iOS 27 and macOS 27. The biggest highlight is the new generation of Siri AI finally entering public beta. The new Siri, powered by Apple Intelligence and integrated with Google's Gemini model capabilities, aims to transform from a voice assistant into an AI operational entry point. It will begin to understand users' personal context, screen content, and cross-app tasks, and attempt to complete actions directly for users. Currently, Siri AI only supports English, with other languages planned to be added incrementally starting in October. Furthermore, the full AI capabilities are only available for new devices that support Apple Intelligence, such as the iPhone 15 Pro and newer models.
14:40
Prominent economists warn Fed may be on verge of serious mistake, urge central bank to wait before raising rates
Some economists are calling on the U.S. central bank to wait before raising interest rates, out of concern the economy may be vulnerable beneath the surface.
14:36
OpenAI acquires Glass Imaging, a startup developing smartphone camera technology, in a deal valued over $300 million
14:28
India to supply Nepal 654 megawatts of electricity daily until Dec 31 after floods wrecked hydropower projects
India's Ministry of Power stated on Monday that the expedited export aims to help Nepal meet urgent needs after devastating glacial floods last month damaged at least 12 hydropower projects, forcing the country to import electricity after years of exporting surplus energy.
14:27
98.5 million USDC (approximately $98.5 million) minted on-chain.
A single transaction minted 98,500,000 USDC.
14:23
AI doomsday fears are arriving at the worst possible time for the stock market
14:23
Bamboo Insurance Backers Seek $700 Million in US IPO
Bamboo Insurance Services Inc., a home insurance company controlled by private equity firm CVC Capital Partners, is seeking to raise as much as $700 million in an initial public offering that will enable its backers to cut their stakes. The Midvale, Utah-based company plans to market 35 million shares for $18 to $20 each, according to its filing Monday with the US Securities and Exchange Commission. The company will not receive any proceeds of the share sale.
14:14
Nikkei: Japan's Startup Funding Deals Hit Record High in H1, Investors Turn Selective
The report indicates that investors are becoming more selective with their investments in Japanese startups, with capital concentrating on a few high-performing tech companies. Sakana AI and autonomous driving company Turing were among the main beneficiaries.
14:13
US Air Force Officer Shot Down Over Iran Tells Story for First Time in '60 Minutes' Interview
A U.S. Air Force officer, call sign DUDE 44 Bravo, who was shot down over Iran, has for the first time shared his story in an exclusive "60 Minutes" interview. His F-15E Strike Eagle went down in April, leading to a daring rescue operation that culminated in his Easter Sunday rescue. The White House highlighted this account as a testament to the bravery of U.S. warfighters and the Trump Administration's focus on readiness.
14:10
BitFuFu's Bitcoin production in August surged over 55% month-on-month to 174 BTC, while CleanSpark saw a slight increase, and Canaan's production continued to decline.
BitFuFu's production rebound was primarily driven by a significant expansion in its mining capacity, with total hashrate under management increasing by 45.1% month-over-month to 20.6 EH/s. CleanSpark's production saw a slight increase of approximately 1% to 593 Bitcoins. In contrast, Canaan's Bitcoin production declined for the third consecutive month to 44 Bitcoins. It also sold its entire holdings of 3,952 Ethereum and 54 Bitcoins, cashing out approximately $13.9 million, of which $5.4 million was used to repurchase 13.6 million American Depositary Shares.
14:08
The VIX, a measure of U.S. stock market volatility, jumped to 18 on Monday, with options trading volume doubling. Analysts say the market is more focused on AI risks than the bond market.
The Cboe VIX index jumped to 18 on Monday, and options trading volume surged to more than twice its 30-day average, as semiconductor and data center stocks dragged down the S&P 500. This move occurred after a new round of debate among tech leaders and politicians about whether AI development is moving too fast. John Marshall of Carrick Lane stated that despite the probability of a Federal Reserve rate hike this week rising to over 90%, the equity market currently seems to believe the FOMC is a done deal and is more concerned about AI risks. He noted that while interest rate volatility has not completely disappeared (the U.S. Treasury volatility index MOVE rose 10 points last week to the 92nd percentile), bond volatility no longer appears to be the primary factor influencing the stock market.

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