Moonshot AI's release of Kimi K3 sent the Nasdaq down roughly 1% on Friday and reignited debate over China's open source AI progress, drawing sharp reactions from U.S. policy figures and industry executives.
Ukrainian President Volodymyr Zelensky appointed Major General Yevhenii Khmara, the country's acting security service chief, as acting defense minister following the dismissal of Mykhailo Fedorov, a move that sparked protests and legal questions.
SpaceX shares have fallen nearly 23% since the company joined the Nasdaq-100, with Friday's 5.43% decline following a Starship test abort caused by an engine ignition failure. The stock has now logged losses in nine of the last 10 trading sessions.
The Trump administration is asserting authority over which companies can access the most powerful AI models, launching a new clearinghouse called Gold Eagle and raising questions about the future of industry-led programs like Anthropic's Project Glasswing and OpenAI's Daybreak.
Patreon has stopped relying on robots.txt requests and begun actively blocking AI training bots through a partnership with Cloudflare, after finding that scrapers were ignoring the platform's instructions entirely.
Amazon-owned Zoox has voluntarily recalled software in 105 robotaxis after one of its vehicles failed to detect heavy smoke and drove into an active fire scene in Las Vegas on June 20, drawing renewed federal scrutiny of the autonomous vehicle industry.
A higher capital expenditure forecast from TSMC sent chip stocks broadly lower Thursday, with the VanEck Semiconductor ETF falling nearly 7% for the week and Nasdaq-100 futures dropping as much as 2% in premarket trading Friday.
SpaceX shares have fallen nearly 23% since the company joined the Nasdaq-100, with Friday's 5.43% decline following a Starship test abort caused by an engine ignition failure. The stock has now logged losses in nine of the last 10 trading sessions.
A higher capital expenditure forecast from TSMC sent chip stocks broadly lower Thursday, with the VanEck Semiconductor ETF falling nearly 7% for the week and Nasdaq-100 futures dropping as much as 2% in premarket trading Friday.
A global semiconductor sell-off drove Nasdaq 100 futures down 1.9% on Friday, as investors questioned the sustainability of AI infrastructure spending and U.S.-Iran hostilities renewed pressure on energy markets.
Moonshot AI's release of Kimi K3 sent the Nasdaq down roughly 1% on Friday and reignited debate over China's open source AI progress, drawing sharp reactions from U.S. policy figures and industry executives.
Patreon has stopped relying on robots.txt requests and begun actively blocking AI training bots through a partnership with Cloudflare, after finding that scrapers were ignoring the platform's instructions entirely.
Amazon-owned Zoox has voluntarily recalled software in 105 robotaxis after one of its vehicles failed to detect heavy smoke and drove into an active fire scene in Las Vegas on June 20, drawing renewed federal scrutiny of the autonomous vehicle industry.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.