March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch ‌from a massive AI data center expansion effort, Bloomberg ‌News reported on Thursday. Long a smaller contender in the cloud market, over the ​past year Oracle has emerged as a major player in the business of renting computing power thanks, in part, to its $300 billion deal with OpenAI. But investors have grown worried about how it would ‌fund the data center ⁠expansion needed to serve OpenAI and other customers, including Elon Musk's xAI and Meta. The software company, chaired ⁠by billionaire Larry Ellison, in February outlined plans to raise $45 billion to $50 billion this year in order to expand its cloud infrastructure, fueling ​investor ​concerns about its rising debt load. The ​layoffs will impact divisions ‌across Oracle and may be implemented as soon as this month, the Bloomberg report said, citing people familiar with the matter. Some cuts will be aimed at job categories that the company expects will shrink due to AI. The planned reductions are expected to ‌be wider-reaching than Oracle's typical rolling job ​cuts, according to Bloomberg. This week, Oracle ​announced internally that it ​would be reviewing many of the open job ‌listings in its cloud division, effectively ​slowing down or ​freezing the hiring process, the report added. Oracle declined to comment when contacted by Reuters. The company had about 162,000 full-time employees ​as of May ‌31, 2025, according to its annual filing with the ​U.S. Securities and Exchange Commission. (Reporting by Juby Babu in Mexico ​City; Editing by Alan Barona)

Key Points Marathon Asset Management sold 85,000 shares of ETHA in the fourth quarter. The quarter-end position value decreased by $2.68 million as a result, reflecting the full share sale. Post-trade, Marathon holds zero ETHA shares, down from a prior 3.6% portfolio weight last quarter. 10 stocks we like better than iShares Ethereum Trust - iShares Ethereum Trust ETF › On February 17, 2026, Marathon Asset Management reported selling its entire stake in the iShares Ethereum Trust ETF (NASDAQ:ETHA), an estimated $2.68 million transaction based on last-disclosed position values. What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Marathon Asset Management liquidated its entire position in iShares Ethereum Trust ETF (NASDAQ:ETHA), selling 85,000 shares. The net position change was $2.68 million. Marathon reported zero shares held at quarter-end. What else to know Top holdings after filing: NYSEMKT:SPY: $24.22 million (38.9% of AUM) NYSE:EAF: $20.09 million (32.2% of AUM) NYSEMKT:JHHY: $3.24 million (5.2% of AUM) NYSE:UNH: $2.87 million (4.6% of AUM) NASDAQ:PYPL: $2.63 million (4.2% of AUM) As of Thursday, ETHA shares were priced at $15.59, down about 4% over the past year and well underperforming the S&P 500’s roughly 16% gain in the same period. The ETHA position was previously 3.6% of the fund’s assets in the prior quarter. ETF overview Metric Value AUM $6 billion Price (as of Thursday) $15.59 One-year price change (4%) ETF snapshot ETHA seeks to provide investors with exposure to the price performance of ether (ETH) through a trust structure, aiming to track the value of ether without requiring direct ownership or management of the digital asset. The fund's portfolio is designed to mirror ether's market value. The ETF is structured as a trust, offering investors regulated access to digital asset exposure via traditional brokerage accounts. The iShares Ethereum Trust ETF offers institutional and retail investors a reg...

Elon Musk's Tesla Loses Toyota, Stellantis From EU Carbon Credits Pool: Report AOL.com

AI video generation startup Luma on Thursday launched Luma Agents, designed to handle end-to-end creative work across text, image, video, and audio. Luma Agents are powered by the startup’s Unified Intelligence family of models, with architecture trained on a single multimodal reasoning system. Luma Agents are being pitched as a new way of doing work for ad agencies, marketing teams, design studios, and enterprises. Luma says its agents are capable of planning and generating text, image, video and audio while coordinating with other AI models, including Luma’s Ray 3.14, Google’s Veo 3 and Nano Banana Pro, ByteDance’s Seedream, and ElevenLabs’s voice models. Luma’s agents are built on the startup’s Uni-1 model, the first of its Unified Intelligence family of AI models. It has been trained on audio, video, image, language, and spatial reasoning, according to Amit Jain, chief executive officer and co-founder of Luma. Jain told TechCrunch that the Uni-1 model can “think in language and imagine and render in pixels or images…we call it ‘intelligence in pixels.’” Other output capabilities like audio and video will come in subsequent model releases, he added. “Our customers aren’t buying the tool, they’re redoing how business is done,” Jain said. Image Credits:Luma AI Luma has already started rolling out its new agentic platform with existing customers including global ad agencies Publicis Groupe and Serviceplan, as well as for brands like Adidas, Mazda, and Saudi AI company Humain. Jain said the Luma Agents are a gamechanger because they are able to maintain persistent context across assets, collaborators, and creative iterations. They can also evaluate and refine outputs, improving their own results through an iterative self-critique, according to Jain. Techcrunch event Disrupt 2026: The tech ecosystem, all in one room Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders g...

格隆汇3月6日｜消息人士：波兰石油天然气公司Orlen称收到卡塔尔能源公司关于两批4月和5月初液化天然气货物的不可抗力通知，通知称这些货物可能会被取消或延迟。

Potential U.S. Export Restrictions May Impact AMD's AI Chip Ship GuruFocus

格隆汇3月6日｜OpenAI：正式推出GPT‑5.4，将在ChatGPT和API中发布GPT‑5.4 Pro。

Later this evening—Friday morning local time—the new 1.6 L V6 engines that power this year's crop of Formula 1 machinery will roar into life as practice for the first race of the year gets underway in Melbourne, Australia. After several years in which the teams' performances converged so much that the sport was determined by finer margins than ever, 2026 sees a comprehensive reset. The cars are smaller and lighter, and they have different aerodynamic configurations for the corners and the straights. The hybrid systems are more powerful, and each runs on its own bespoke sustainable fuel . There's even a new way to watch as F1 makes a $750 million move from ESPN to Apple. Over the offseason, throughout the preseason shakedown in Barcelona, and then two three-day tests in Bahrain , plenty of questions have arisen: Are the new technical regulations a mistake? Can we still watch F1TV? And just what the heck is going on, Aston Martin? 400 kW + 350 kW = headaches? After more than a decade with the same power units—and the same few manufacturers—the sport wanted to attract some new blood. Drawing in more car companies, which have boards and shareholders to answer to , required acknowledging road relevance and some commitment to sustainability and decarbonization. Since OEMs are all about electrification, that meant a greater emphasis on the hybrid side of the power units. And the veneer of environmental responsibility arrives in the form of heavily audited, fully sustainable fuels. Read full article Comments

photovs/iStock via Getty Images By Elior Manier The Canadian dollar had been a victim of a rough stretch since the beginning of Trump's second term. Isolated by its historic neighbor amid US First policies, the Canadian economy had been taking a sustained hit, leading to an accelerated cooling. The land of maple syrup is known to be highly cyclical. Structurally, it tends to be dependent on commodity prices, global trade, and particularly on the US, which harshly pumped the brakes. Canadian GDP Growth since end 2020 (Courtesy of Trading Economics) This phenomenon got accelerated by the historic Canadian mortgage structure: Variable loans are particularly affected when rates rise, compared to the typical 30-year fixed rates offered in the US. Hence, after the 2 years of ultra-low rates during COVID policies, the Bank of Canada hikes sent the hypersonic economy into a rock-hard wall. Add to this a general productivity restructuring, as massive waves of immigration saw another brutal stop; business confidence and investment stalled suddenly over the past few years - this shows up particularly in GDP per capita in Canada, which has remained broadly unchanged since 2012. Canadian GDP per Capita since 1985 (Courtesy of Macro Micro) But there is light at the end of the tunnel. After years of questioning within Canada's natural Liberal party, Justin Trudeau stepped aside for Mark Carney, who has since cast doubt on some political issues. Since his ascension to power in March 2025, Carney and his party have brought three Conservatives into their ranks. Conservatives are going through their own crisis with internal trouble and separatist causes in Alberta . The Liberal Party is now three seats away from a majority in the House of Commons. But that's just politics. Even if the Canadian economy remains deeply strained from the latest rounds of US Policies, Carney has begun a new wave of international trade deals with India, China , and Europe - The rise of the "Middle power". C...

Nvidia (NVDA) Stock Falls as US Plans Global AI Chip Export Rules CoinCentral

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. TSMC (NYSE:TSM) is accelerating construction of a new mega fab in the Southern Taiwan Science Park. The facility is planned as a large scale chip manufacturing site focused on AI driven semiconductor demand. The project is expected to contribute to local employment and Taiwan's export activity once operational. TSMC is a contract chip manufacturer that produces advanced semiconductors for global technology companies, including those building AI and high performance computing hardware. The move to fast track this mega fab comes as demand for AI oriented chips attracts significant capital spending across the sector. For investors, the company operates at the center of chip production that powers data centers, networking gear, and a wide range of connected devices. The new facility highlights how central Taiwan remains to worldwide semiconductor supply and AI infrastructure build outs. Readers tracking NYSE:TSM may want to follow future updates on capacity plans, production mix, and any incentives tied to the Southern Taiwan Science Park project, as these factors can influence capital needs and overall scale. Stay updated on the most important news stories for Taiwan Semiconductor Manufacturing by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Taiwan Semiconductor Manufacturing. NYSE:TSM Earnings & Revenue Growth as at Mar 2026 📰 Beyond the headline: 1 risk and 4 things going right for Taiwan Semiconductor Manufacturing that every investor should see. Quick Assessment ✅ Price vs Analyst Target : At US$357.44, the price sits about 19% below the US$438.90 analyst target, leaving a meaningful gap to consensus. ❌ Simply Wall St Valuation : Shares are trading about 23.3% above Simply Wall St's estimated fair value, which flags valuation stret...

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. TSMC (NYSE:TSM) is accelerating construction of a new mega fab in the Southern Taiwan Science Park. The facility is planned as a large scale chip manufacturing site focused on AI driven semiconductor demand. The project is expected to contribute to local employment and Taiwan's export activity once operational. TSMC is a contract chip manufacturer that produces advanced semiconductors for global technology companies, including those building AI and high performance computing hardware. The move to fast track this mega fab comes as demand for AI oriented chips attracts significant capital spending across the sector. For investors, the company operates at the center of chip production that powers data centers, networking gear, and a wide range of connected devices. The new facility highlights how central Taiwan remains to worldwide semiconductor supply and AI infrastructure build outs. Readers tracking NYSE:TSM may want to follow future updates on capacity plans, production mix, and any incentives tied to the Southern Taiwan Science Park project, as these factors can influence capital needs and overall scale. Stay updated on the most important news stories for Taiwan Semiconductor Manufacturing by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Taiwan Semiconductor Manufacturing. NYSE:TSM Earnings & Revenue Growth as at Mar 2026 📰 Beyond the headline: 1 risk and 4 things going right for Taiwan Semiconductor Manufacturing that every investor should see. Quick Assessment ✅ Price vs Analyst Target : At US$357.44, the price sits about 19% below the US$438.90 analyst target, leaving a meaningful gap to consensus. ❌ Simply Wall St Valuation : Shares are trading about 23.3% above Simply Wall St's estimated fair value, which flags valuation stret...

Investing.com -- NVIDIA Corporation (NASDAQ:NVDA) fell 1.7% Thursday afternoon and Advanced Micro Devices (NASDAQ:AMD) dropped 2% after Bloomberg reported that the Trump administration is drafting regulations requiring licenses for AI chip exports worldwide. The proposed rules would require companies to seek US government approval for virtually all exports of AI accelerators from Nvidia and AMD, expanding current restrictions that cover around 40 countries to a global framework, according to people familiar with the matter cited by Bloomberg. Under the draft regulations, shipments of up to 1,000 of Nvidia’s latest GB300 graphics processing units would undergo a review process with certain exemption opportunities. Larger deployments would require pre-clearance before seeking export licenses and could face conditions including business model disclosures or government site visits. For deployments exceeding 200,000 GB300 GPUs owned by one company in one country, the host government would need to participate in the approval process. The US would only approve such exports to allies that make security commitments and matching investments in American AI, though the draft rule does not specify an investment ratio. The regulations are not intended to function as an export ban, but would establish the US Commerce Department as gatekeeper for the AI industry. Companies and their governments would need Commerce Department approval to purchase the chips, which are used by firms including OpenAI and Alphabet to power services like ChatGPT and Gemini. The Trump administration has stated it wants the world to use American AI technology. The proposed framework would give Washington control over whether countries can build facilities for training and running artificial-intelligence models and under what conditions. Related articles Nvidia sinks on report of global AI chip export rules Citi pushes back Fed rate cuts to May after blowout January jobs report These 2 stocks are best posit...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Apple launched the budget-focused MacBook Neo and entry-level iPhone 17e, both powered by the latest Apple silicon and targeted at price-sensitive buyers. The company rolled out AI powered upgrades across its Mac, iPad, and display lineup to deepen integration across its hardware ecosystem. Apple also signed an exclusive deal to stream live Formula 1 coverage in the US on Apple TV, expanding its services footprint. NasdaqGS:AAPL last closed at $262.52, with the share price up 11.8% over the past year and 124.6% over the past 5 years. In the short term, returns have been softer, with a 4.3% decline over the past week and a 2.8% decline over the past month. Year to date the stock is down 3.1%. This mix of longer term strength and recent pullback frames the new product and services push against a backdrop of already substantial value creation for long term holders. For you as an investor, this combination of lower priced hardware, broader AI features, and exclusive Formula 1 rights could influence how sticky Apple’s ecosystem becomes for students, first time buyers, and sports fans. The key questions from here are how effectively Apple converts these launches into device upgrades, new users, and Apple TV subscribers, and how that eventually feeds into revenue and engagement across the broader business. Stay updated on the most important news stories for Apple by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Apple. NasdaqGS:AAPL Earnings & Revenue Growth as at Mar 2026 📰 Beyond the headline: 0 risks and 2 things going right for Apple that every investor should see. Investor Checklist Quick Assessment ⚖️ Price vs Analyst Target : At US$262.52, Apple trades about 10.5% below the consensus analyst target of US$293.29, which sits within a broad target range of US$205 to US$350. ⚖️ Simply Wall St Valuatio...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. If you are wondering whether JD.com at around US$25.40 is a potential bargain or a value trap, you are not alone. This article is built to help you weigh that question clearly. The share price has been under pressure, with a 7.8% decline over the last week, an 11.0% decline over the past month, a 14.0% decline year to date, and a 40.3% decline over the past year. This extends a 42.0% decline over three years and 68.7% over five years. Recent headlines around JD.com have focused on its position in the Chinese e commerce space and how sentiment toward Chinese consumer and internet names has affected pricing. These themes are important context for understanding why the stock has moved the way it has over multiple timeframes. On our checks, JD.com scores 5 out of 6 on valuation. You can see this in more detail through our valuation score of 5. Next we will walk through what different valuation approaches say about the shares while also pointing to a deeper way to think about value that we will return to at the end of this article. Find out why JD.com's -40.3% return over the last year is lagging behind its peers. Approach 1: JD.com Discounted Cash Flow (DCF) Analysis A Discounted Cash Flow, or DCF, model estimates what a company might be worth today by projecting its future cash flows and then discounting those back to a present value. For JD.com, the model used is a 2 Stage Free Cash Flow to Equity approach, based on cash flows reported in CN¥. The latest twelve month free cash flow is a loss of CN¥232.8m, but analysts and internal estimates project free cash flow of CN¥41.4b in 2026 and CN¥47.6b in 2028, with further extrapolated figures through 2035. Simply Wall St uses analyst inputs for the nearer years and then extends the series with its own assumptions for the remaining period. When all those projected cash flows are discounted back, the model arrives at a...

Key Points William Boyd sold 30,000 shares for a transaction value of $2,545,200 at a reported price of $84.84 per share on Feb. 18, 2026. This trade represented 1.52% of Mr. Boyd's aggregate holdings at the time of the transaction. Post-transaction indirect holdings were 2,017,481 shares and direct holdings were 15,188 shares. The transaction size is consistent with Mr. Boyd's recent sale pattern, with capacity-driven moderation as total holdings have substantially declined over the past year. 10 stocks we like better than Boyd Gaming › William R. Boyd, a Director of Boyd Gaming Corporation (NYSE:BYD), reported the indirect sale of 30,000 shares for a transaction value of $2,545,200 on Feb. 18, 2026, according to a SEC Form 4 filing. Transaction summary Metric Value Shares sold (indirect) 30,000 Transaction value $2.55 million Post-transaction shares (direct) 15,188 Post-transaction shares (indirect) 2,017,481 Post-transaction value (direct ownership) $1.29 million Transaction value based on SEC Form 4 reported price ($84.84); post-transaction value based on Feb. 18, 2026 market close ($84.75). Key questions How does the transaction size compare to Mr. Boyd’s historical selling pattern? The 30,000-share sale is above Mr. Boyd's recent median sell size of 17,500 shares but within his observed range, with past transactions spanning 10,000 to 100,000 shares over the last eight sell filings since August 2023. The 30,000-share sale is above Mr. Boyd's recent median sell size of 17,500 shares but within his observed range, with past transactions spanning 10,000 to 100,000 shares over the last eight sell filings since August 2023. What was the ownership impact of this sale? The transaction involved the sale of 30,000 shares, with Mr. Boyd retaining 2,017,481 indirect shares, primarily through the William R. Boyd Gaming Properties Trust, and 15,188 shares held directly. The transaction involved the sale of 30,000 shares, with Mr. Boyd retaining 2,017,481 indirect shares, p...

Win McNamee/Getty Images News Market participants betting on the so-called TACO trade—the idea that U.S. President Donald Trump will reverse policies that rattle markets—may find it harder to rely on that playbook during a war, former J.P. Morgan strategist Marko Kolanovic said on Thursday . With the U.S.-Israeli military conflict with Iran in its sixth day, the fallout is increasingly driven by developments that are far harder to reverse than trade policy decisions, for instance , Kolanovic wrote in a social media post. "Trump can fix very little" at this point, he added. 'Trump Always Chickens Out' "applies when Trump on his own decides e.g. if tariffs are 50% or 0% instantaneously," Kolanovic said. Trump's Liberation Day tariff announcement last year drove a sharp market selloff, before a rebound took hold about a week later when the White House paused the harsher tit-for-tat tariffs (while keeping a baseline tariff). The TACO trade has resurfaced many times since then. Now, amid the deepening war in Iran, "many processes are out of his hand," Kolanovic said of Trump. "You can't reverse damage to global energy infrastructure or appoint new Iran president by a tweet." Market-tracking funds: ( DIA ), ( DDM ), ( DOG ), ( DXD ), ( SDOW ), ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( QQQ ), ( QQQM ), ( TQQQ ), ( QID ), and ( SQQQ ). More on S&P 500 Index, SPDR S&P 500 ETF Trust 3 Major Questions For Investors In March Forget Iran, South Korea Is The Real Threat To Markets Oil Spike May Scramble The Fed's Policy Script As War In Iran Continues Wall Street dips as oil prices rise after renewed Iran war escalations Investor caution lingers as bearish sentiment eases, shows latest AAII survey

OpenAI发布全新金融服务工具GPT-5.4，直逼Anthropic。OpenAI模型GPT-5.4更能胜任生成电子表格、文档和演示文稿等任务。

格隆汇3月6日｜据ABC新闻：OpenAI创始人奥尔特曼表示，公司无权就军方使用其技术作出运营决策。

It can be frustrating for long-term investors to witness the companies they own grow, evolve, learn, and adapt, only to then have that positive growth drive billions in losses. That's the scenario facing investors of automakers such as Ford Motor Company (F 3.59%), General Motors (GM 4.05%), and Stellantis (STLA 2.41%). There is a silver lining, however. What happened? Decades ago, Japanese automakers flooded the market with more fuel-efficient vehicles and caught Detroit off guard, causing years of turbulence and some serious adjustments in attitude and strategy. Detroit automakers are now much more forward-looking and prepared, and in the case of electric vehicles, it cost investors a pretty penny. Generally, being early to market is viewed as a positive, especially when the long-term future seems so certainly electric for vehicles. Unfortunately, Detroit automakers took it on the chin with massive EV-related charges. "We are resetting our product plan and our EV supply chain to reflect much more real customer demand, a shift in regulation, following an initial overestimation of the pace of adoption of electrification in the regions," said Antonio Filosa, who became Stellantis' CEO in June 2025, according to Automotive News. Stellantis' charges registered an eye-popping $26 billion, which includes $17.5 billion for canceled vehicle programs and another $2.5 billion for adjusting its EV supply chain. Further, Stellantis went as far as to end a battery joint venture with South Korean LG Energy Solution. Though Ford took much of its charges in late 2025 for canceling the F-150 Lightning electric pickup truck in its current form, among other EV-related charges, the automaker's adjusted strategy will cost roughly $20.9 billion through 2027. General Motors spread out its pain a bit, taking over $7 billion in EV-related charges in 2025 with the expectation of lesser, but still notable, charges in 2026. Among its moves was canceling the Chevrolet BrightDrop electric comme...

Key Points Detroit automakers learned valuable lessons from the Japanese entry to the U.S. auto industry. Many automakers were too early on EV investments, costing them as the market was slower to evolve. Massive EV-related charges should only be a speed bump in the grand scheme of things. 10 stocks we like better than Ford Motor Company › It can be frustrating for long-term investors to witness the companies they own grow, evolve, learn, and adapt, only to then have that positive growth drive billions in losses. That's the scenario facing investors of automakers such as Ford Motor Company (NYSE: F), General Motors (NYSE: GM), and Stellantis (NYSE: STLA). There is a silver lining, however. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » What happened? Decades ago, Japanese automakers flooded the market with more fuel-efficient vehicles and caught Detroit off guard, causing years of turbulence and some serious adjustments in attitude and strategy. Detroit automakers are now much more forward-looking and prepared, and in the case of electric vehicles, it cost investors a pretty penny. Generally, being early to market is viewed as a positive, especially when the long-term future seems so certainly electric for vehicles. Unfortunately, Detroit automakers took it on the chin with massive EV-related charges. "We are resetting our product plan and our EV supply chain to reflect much more real customer demand, a shift in regulation, following an initial overestimation of the pace of adoption of electrification in the regions," said Antonio Filosa, who became Stellantis' CEO in June 2025, according to Automotive News. Stellantis' charges registered an eye-popping $26 billion, which includes $17.5 billion for canceled vehicle programs and another $2.5 billion for adjusting its EV supply chain. Further, Stel...

If you're looking to invest $1,000 into a somewhat less-than-safe crypto investment, assets like XRP (XRP 2.67%) and Cardano (ADA 4.56%) are probably on your radar already. But which one of the pair is going to help your hard-earned cash grow the most? To me, there's a very clear answer. XRP is performing a real job already XRP is a coin that's essentially a medium of exchange with a blockchain, the XRP Ledger (XRPL). XRPL is itself catered to the needs of financial institutions that want to streamline the performance of certain everyday tasks like international money transfers, among many others. For its investment thesis to play out, there thus needs to be a steady inflow of capital from those institutions, as well as some proof that the capital is being put to work on the ledger. Inflows and on-chain activity become higher value for holders because transaction costs must be paid in XRP, and wallets on the network must be funded with some XRP in order to continue existing. Expand CRYPTO : XRP XRP Today's Change ( -2.67 %) $ -0.04 Current Price $ 1.40 Key Data Points Market Cap $86B Day's Range $ 1.40 - $ 1.47 52wk Range $ 1.14 - $ 3.65 Volume 3.1B With that set of criteria in mind, the XRPL processed 2.4 million transactions on Feb. 25, across 13,508 active accounts. It also had $416 million in stablecoins parked on its chain, which indicates that there's a real base of capital to tap for liquidity and various financial tasks. So, XRP obviously has some traction already. If its issuer, Ripple, continues to develop its platform technology, it's reasonable to expect that it'll get at least a bit more traction in the future. Cardano can't find users Unlike XRP, Cardano is intended to be a general-purpose smart contract chain, and it doesn't necessarily target financial institutions. Its reputation is built on its development process, which centers around a somewhat academic (and vaguely scientific) set of methods for collaborative consensus-building and peer review. ...

A new report by Google found that about half of the zero-day bugs it tracked last year exploited enterprise devices, marking a new high for hackers who are increasingly finding new ways to target large companies and steal their data. According to the search and security giant’s annual report, 48% of the tracked zero days — vulnerabilities in software that are unknown to its maker at the time they are exploited — were found in technologies used by corporations and large businesses. About half of those zero-days exploited the very devices that are designed to protect enterprise networks from digital intruders. Google said security and networking devices, such as firewalls made by Cisco and Fortinet, and VPN and virtualization platforms like Ivanti and VMWare, were among the top targeted vendors last year. All four of the companies said hackers have exploited their products on customer networks in recent months. Google’s researchers said that hackers exploited common flaws, like input validation and incomplete authorization processes, to break through firewall and VPN defenses to gain access to customer networks. These classes of bugs are generally easier to exploit, but generally require a software update to fix. The company also pointed to other buggy software that makes up the remaining half of enterprise zero-days. Google noted the Clop extortion gang’s campaign against Oracle E-Business Suite customers, which allowed hackers to walk away with reams of human resources data from dozens of companies about their staff and executives. The hacks affected Harvard University, the American Airlines subsidiary Envoy, and The Washington Post, among others. The remaining 52% of zero-day bugs were found in consumer and end-user products, such as those made by Microsoft, Google, and Apple, according to the report. Most of the zero-days in consumer software were found in operating systems, with mobile devices also seeing more zero-days than in previous years. Google said it also...

What Happened? Shares of software supply chain platform JFrog (NASDAQ:FROG) jumped 5.7% in the morning session after the stock rebounded from a significant drop in the previous trading session, lifted by positive sentiment in the broader software and chip sector. The move came after the stock fell more than 7% a day earlier. The broader sector received a boost after Broadcom reported a stronger-than-expected revenue forecast, driven by demand for its artificial intelligence (AI) chips. Furthermore, many technology stocks had entered the trading session in what is considered "oversold territory" after a period of declines. This condition often suggests a stock's price may have fallen too quickly and could be due for a sharp rebound. The favorable market news appeared to act as a catalyst for investors to buy into these beaten-down tech names, fueling a broader recovery. After the initial pop the shares cooled down to $41.01, up 4.6% from previous close. Is now the time to buy JFrog? Access our full analysis report here, it’s free. What Is The Market Telling Us JFrog’s shares are very volatile and have had 26 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago when the stock gained 6% on the news that Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector. High-growth names like Zscaler (ZS) and CrowdStrike (CRWD) saw significant rebounds as investors reassessed the "AI headwind" narrative that had previously weighed on valuations. Huang's comments acted as a powerful catalyst, signaling that the intersection of generative AI and established software platforms is a symbiotic relationship rather than a zero-sum game. During a CNBC appearance, Huang argued that the market "got it wrong," specifically defen...

In this article AURC Follow your favorite stocks CREATE FREE ACCOUNT Vishal Garg, Better.com Source: Better.com The online mortgage platform Better has partnered with OpenAI to launch an app within ChatGPT that the companies said will dramatically reduce the time it takes to underwrite a mortgage or home equity loan, CNBC has learned exclusively. The app, to be announced later Thursday, takes Better's mortgage engine and combines it with OpenAI's models to speed up the underwriting process for loan officers working at banks, mortgage brokers and fintech firms, Better CEO Vishal Garg said in an interview. "Taking the mortgage underwriting process, which so many of us have experienced personally, from 21 days to as little as 47 seconds and enabling it via ChatGPT is a huge unlock for everyone," Giancarlo Lionetti, OpenAI's chief commercial officer, said in a statement provided to CNBC. "OpenAI is proud to partner with Better to build technology that revolutionizes the mortgage industry and makes it cheaper, faster, and easier for American families to finance a home." For decades, creating a mortgage has been one of the most time-consuming corners of American finance, with lenders relying on dozens of steps that can take weeks to complete. After the 2008 financial crisis, big banks like JPMorgan Chase receded from the U.S. mortgage market, leading to the rise of non-bank players including Rocket Mortgage and United Wholesale Mortgage. Now, in an era where the leading artificial intelligence firms are targeting inefficiencies across the corporate landscape, it's possible that AI agents could reshape a U.S. home-loan market that originates more than $1 trillion in mortgages a year. Garg said the new app is part of Better's pivot from being primarily a lender to consumers to also becoming a "mortgage-as-a-service" tech platform for other mortgage players. The companies are taking direct aim at the dominant mortgage players by enabling competitors to move faster, Garg said...