Danaher Moves Nvidia’s Chips Into the Laboratory
Berkshire Writes a Second Check to Bending Spoons
CoreWeave Wants Insurers to Fund the Next Data Center
Europe’s AI Rulebook Meets Its First Two Cases
A Power Plant Built for a Single Customer
Two New York Fabs, Paid For From Tokyo
State Street’s Record Custody Book, a Revenue Miss
BlackRock’s $205 Billion Quarter, With a Warning About Building
Morgan Stanley’s Equity Desk Carries the Quarter
A $1.2 Billion Penalty and a Trading Miss at Bank of America
OpenAI Opens Talks to Buy Security Firm Trail of Bits
In the first week of June, about 25 engineers from Trail of Bits fanned out across the code that much of the internet runs on. Working with OpenAI on an…
SK Hynix Pushes Part of Its HBM4 Tooling Order Into Next Year
The packaging and inspection machines that SK Hynix ordered for its newest memory chips were due to arrive in the second half of this year. A portion of those orders…
Six Days and $40,000 to Break Chrome’s Sandbox
The proof of concept is almost anticlimactic. A page loads in a signed build of Chrome Beta, and the calculator application appears on the desktop. Nothing is downloaded, nothing is…
SK Hynix Says the AI Bottleneck Is the Memory It Sells
Ahn Hyun opened his keynote at the SEDEX semiconductor exhibition in Seoul on Wednesday with a forecast that would have sounded like a sales pitch in a smaller room. The…
The FBI’s Long Campaign Against the Scam Compounds
The compound at O’Smach sits on Cambodia’s northern border with Thailand, and by the accounts of U.S. prosecutors, United Nations researchers and reporters who have been inside such sites, it…
A Credit Market Calm Built on a Pause in AI Borrowing
The note Goldman Sachs sent its credit clients this month made an odd pitch for a bull case. Buy investment-grade bonds, it said, and watch the calendar. The argument rested…
Two Blank Checks Test the Appetite for SPACs
On Tuesday, two filings landed with the Securities and Exchange Commission a few hours apart, each asking the same question in a different size. Apex Treasury Corp II, a blank…
A Nigerian Fintech Takes Its Loan Book to Wall Street
The prospectus OPay filed with the Securities and Exchange Commission contains a figure that would be unremarkable in Silicon Valley and startling in Lagos: 339.1 billion dollars of gross transaction…
Most of the S&P 500 Is Already in a Bear Market
The note that circulated on trading desks this week carried an uncomfortable title: Last Man Standing. Its author, Jonathan Krinsky, the chief market technician at BTIG, was describing a market…
A Memory Rally Meets a Chinese Rival and a Shelved Float
The selling started in Tokyo. Kioxia Holdings fell 13.3% on Tuesday to close at 15,180 yen, the sharpest one-day drop yet for a stock that had nearly quadrupled over the…
