Japanese credit unions hit by outage amid AI stock sell-off
Japan-based credit unions were disrupted by today's Shinkin Joint Center outage that took place amid a trillion-dollar AI stock sell-off.
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LIVE: Nasdaq suffers record $2.3 trillion loss as AI sell-off deepens
AI and tech led yesterday’s historic US stock crash, wiping off more market capitalization within one day than any single session in history.
AI insiders had already cashed out $7.4 billion before stocks crashed
Insiders across nine AI companies cashed out $7.39B across 282 SEC Form 4s long before Thursday’s sell-off.
Kalshi, Coinbase stock perps under threat ahead of CFTC deadline
Tomorrow’s deadline arose after a Tuesday lawsuit filing against the Commodity Futures Trading Commission in Manhattan.
LIVE: What traders are saying about US midterm elections
It is midterm election day in the US, and traders across financial markets are already pricing election outcomes into asset prices.
AI companies rush to borrow cash as stocks crash
An index of AI chip stocks has declined by 27% since July, while those same AI companies have rushed to borrow record levels of cash.
China’s $340B AI bubble has popped — and the charts prove it
China's AI stock bubble is popping, and the data is overwhelming. Since its peak in June, China’s Star 50 AI stock index has declined 42%.
SpaceX’s biggest stock unlocks are still ahead
The $207B unlock of SpaceX stock this month broke its all-time record, and June 2027 could be 3x larger.
AI stock Innodata crashes 25% on job cuts, lost contract
Innodata lost a quarter of its market cap after laying off nearly 550 workers in India over a "ramp-down" in a customer contract.
Anthropic outranks most IPOs in history
Anthropic’s IPO filing is a mixed bag, setting nominal records among historical IPOs for losses, revenue retention, and accumulated deficit.