Market News - Mboum.com

Aug 9, 2026, 7:09 AM EDT - 10 minutes ago

I went from wedding DJ to Meta engineer, then was laid off after 13 years. My last years there brought constant change.

Henry Chen went from wedding DJ to Meta engineer before being laid off after 13 years. He taught himself to code, rising from conference room technician to tech lead.

Apple Tests Chinese Memory Chips as Supply Squeeze Bites

The iPhone maker has held early talks with China's CXMT, but any deal would be politically sensitive.

AAPL

Aug 9, 2026, 6:16 AM EDT - 1 hour ago

What to Expect in Markets This Week: July Inflation Data, Plus Updates on US Consumer Spending and Sentiment

It's time for a cost-of-living checkup.

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Aug 9, 2026, 5:48 AM EDT - 1 hour ago

Nissan's in-factory AI cameras track how factory workers bend, walk, and build cars

Nissan is using AI-powered cameras at its Canton, Mississippi, plant. They analyze how workers bend, walk, and assemble vehicles The company says the system has contributed to about $34 million in hea...

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Aug 9, 2026, 5:43 AM EDT - 1 hour ago

Risk of deaths linked to heatwaves underestimated, Swiss Re CEO says

Authorities failed to grasp the scale of risk to human life posed by heatwaves, the ‌CEO of reinsurance company Swiss Re was quoted as saying on Sunday, as Europe faces mounting deaths linked to ex...

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Aug 9, 2026, 5:37 AM EDT - 1 hour ago

KKR shared profits from a big sale with employees. Here's what they're doing with the windfall.

Workers at ISC got a big payout when KKR sold the company, with one worker receiving $413,000. The payouts are part of a broader KKR initiative to spread employee ownership across private equity.

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Aug 9, 2026, 4:11 AM EDT - 3 hours ago

The Ball in OpenAI's court

On a gloomy July evening, Dean Ball is appraising the political theory shelf in the basement of San Francisco's City Lights Bookstore. It's the end of his second day at OpenAI, and he's arrived straig...

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Aug 9, 2026, 1:00 AM EDT - 6 hours ago

Myspace eyes comeback as an an 'antidote' to social media fatigue — but it may be a long shot

MySpace's owners are hoping to launch a comeback in a crowded and complicated social media landscape. The early 2000s platform would capitalize on nostalgia and rejection of the traditional social med...

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Aug 9, 2026, 12:00 AM EDT - 7 hours ago

DRONE DEFENSE: Air Force contract sends AeroVironment shares soaring

Greentech Research investment analyst Hilary Kramer shares her top stock picks, breaking down defense names AeroVironment and Kratos alongside tech giants Shopify and Palantir on ‘Making Money.' #fox ...

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Aug 8, 2026, 11:58 PM EDT - 7 hours ago

Drivers sue Mercedes-Benz and allege car's logo gave them burns

Two drivers of Mercedes-AMG cars have filed a class action lawsuit against the luxury car company after they allegedly suffered burn injuries from the AMG logo on their driver's seat.

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Aug 8, 2026, 10:03 PM EDT - 9 hours ago

More workers join strike at BHP's Port Hedland iron ore operations

More workers joined a strike at BHP's Port Hedland operations in Western Australia on Sunday, a union spokesperson said, in the first major industrial action at the iron-ore ‌export hub in a quarter-...

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Aug 8, 2026, 9:26 PM EDT - 9 hours ago

David Ellison's ‘confessional' in the NYT has Paramount-Skydance WBD merger up in the air

David Ellison's bid to merge PSKY with Warner Bros. Discovery is now being challenged on antitrust grounds.

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Aug 8, 2026, 9:23 PM EDT - 9 hours ago

Former SK Hynix employee jailed for leaking information to a Chinese firm, Yonhap reports

A former employee at SK Hynix has been sentenced to 18 months in jail for leaking information on semiconductor ‌manufacturing technology to a Chinese firm, the Yonhap news agency reported on Sunday.

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Aug 8, 2026, 8:00 PM EDT - 11 hours ago

Selling the Dream of SpaceX Was the Easy Part. Now Elon Musk Has to Hang On.

SpaceX's $300 billion swing in market value this past week put Musk back in grind mode, having to execute on highflying promises made in the lead-up to the biggest IPO ever.

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Aug 8, 2026, 7:14 PM EDT - 12 hours ago

Verizon mobile service down for thousands of customers in the U.S., Downdetector shows

Verizon cellphone service was down late Saturday afternoon for several thousand U.S. customers. Customers still impacted by the outage should restart their devices, the wireless carrier said.

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Aug 8, 2026, 5:24 PM EDT - 13 hours ago

Planned Amazon data center could become the biggest climate polluter in the U.S.

As part of a planned data center in Pecos County, Texas, Amazon is investing in an on-site power plant that could become the largest source of climate pollution in the United States, according to The ...

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Aug 8, 2026, 3:41 PM EDT - 15 hours ago

OpenAI acquires presentation startup NextSlide

NextSlide recently announced that it's joining OpenAI, with the presentation startup's team members now working on ChatGPT.

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Aug 8, 2026, 3:00 PM EDT - 16 hours ago

AvePoint CEO on AI Safety and Budgeting

AvePoint (AVPT) CEO Jim Caci discusses the company's latest earnings report and its growing focus on AI trust and governance. Caci says executives are increasingly concerned about AI models, data secu...

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Aug 8, 2026, 2:22 PM EDT - 16 hours ago

Warren Buffett is out, and Berkshire Hathaway is spending again

In his waning years as Berkshire Hathaway's CEO, Warren Buffett was hoarding cash. The company had close to $400 billion on hand before Buffett retired earlier this year.

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Aug 8, 2026, 2:00 PM EDT - 17 hours ago

COMPETITION: Baseten CEO says America must support open and closed AI models

Baseten co-founder and CEO Tuhin Srivastava discusses the security, enterprise utility, and innovation benefits of open-weight A.I. models compared to closed-weight alternatives on 'The Claman Countdo...

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Aug 8, 2026, 1:05 PM EDT - 18 hours ago

4 Rare Discount Dividends Paying Up To 12.6%

We need to talk about four of the cheapest dividend payers on the planet. I'm talking about blue-light bargain valuations and, our favorite, serious high yields!

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Aug 8, 2026, 1:00 PM EDT - 18 hours ago

Tech Corner: SPCX A.I. Growth Comes at a Cost

In this Tech Corner, Rick Ducat breaks down SpaceX's (SPCX) first earnings report. Ducat examines SpaceX's expanding business model, Starlink's growing profitability, and the company's ambitious plans...

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Aug 8, 2026, 12:51 PM EDT - 18 hours ago

OpenAI to pause work on AI model Astra due to security concerns

Agent found to be able to find and exploit vulnerabilities without human intervention, and to carry out cyber-attacks

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Aug 8, 2026, 11:00 AM EDT - 20 hours ago

Next big push in ETF industry? Why these risk assets are gaining traction as interest rate uncertainty persists

Collateralized loan obligations may become the next big push in the exchange-traded fund industry.

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Aug 8, 2026, 11:00 AM EDT - 20 hours ago

Google's top hacker hunter explains why hacking groups get codenames

For more than a decade, the cybersecurity industry has been assigning names to different hacking groups. Some of them, like Fancy Bear, have crossed over into the mainstream because of their prominent...

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Aug 8, 2026, 11:00 AM EDT - 20 hours ago

Meet the Media Industry's Nerd-in-Chief

People Inc. innovation chief Jonathan Roberts, a physicist who drew maps of Westeros for George R.R. Martin, has bold thoughts on the future of publishers.

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Aug 8, 2026, 10:57 AM EDT - 20 hours ago

Elon Musk's Starlink swagger, SpaceX vs. the cloud giants, and Seattle's tech universe revisited

SpaceX reports its first quarter as a public company, and Elon Musk says Starlink could deliver a majority of the world's internet within a decade.

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Aug 8, 2026, 10:55 AM EDT - 20 hours ago

S&P500: Weak Payrolls Hit Rate Hike Odds as Benchmark Closes at Record High

The S&P 500 closed at a record high as weak payrolls cut September hike odds, lower oil eased inflation fears and earnings stayed strong.

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Aug 8, 2026, 10:00 AM EDT - 21 hours ago

US Munitions Strain Complicates Iran Strategy

The US remains outside formal negotiations with Iran as Oman and Tehran discuss arrangements for the Strait of Hormuz, leaving the diplomatic path uncertain and raising the possibility of renewed figh...

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Aug 8, 2026, 9:43 AM EDT - 21 hours ago

Berkshire Hathaway profit doubles, fueled by a near $13 billion investment gain

Berkshire Hathaway booked a near $13 billion gain on investments in the latest quarter, and has put $32 billion of its cash pile to work.

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Aug 8, 2026, 9:20 AM EDT - 21 hours ago

Berkshire earnings rose last quarter and CEO Greg Abel is staring to deploy Buffett's massive cash hoard

Strength across its energy, railroad and manufacturing businesses more than offset weaker insurance results.

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Aug 8, 2026, 9:06 AM EDT - 22 hours ago

I've Got Royalty on the Brain

And how could I not? After exploring Brighton Beach and Bristol, and then Cornwall all the way to St. Ives and Penzance, I wrapped up my Great Britain trip with a couple days in London.

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Aug 8, 2026, 9:06 AM EDT - 22 hours ago

UAE says one of its ships was targeted by missile as U.S.-Iran tensions over Strait of Hormuz remain high

The Abu Dhabi National Oil Company said one of its vessels was targeted by a missile while moving through the Strait of Hormuz. Iran's Islamic Revolutionary Guard Corps says the strait would only be r...

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Aug 8, 2026, 9:05 AM EDT - 22 hours ago

Berkshire Hathaway, Under a New CEO, Starts to Spend its Cash Pile

The conglomerate struck a $6.8 billion deal, repurchased Berkshire shares and was a net buyer of other stocks, while more than doubling quarterly profits

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Aug 8, 2026, 9:01 AM EDT - 22 hours ago

CEO Greg Abel Starts Making His Mark at Berkshire

Berkshire Hathaway stepped up spending under CEO Greg Abel, repurchasing about $4.5 billion of its shares while deploying billions more into investments. Bloomberg Intelligence and Senior P&C Insuranc...

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Aug 8, 2026, 9:01 AM EDT - 22 hours ago

Berkshire lowers cash stake as buybacks accelerate, reports higher profit

Berkshire Hathaway began reducing its enormous stockpile of cash in the second quarter, investing billions of dollars in stocks including Alphabet ‌and repurchasing billions more of its own, as it re...

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Aug 8, 2026, 8:35 AM EDT - 22 hours ago

Apple says Mac users in China can connect to Alibaba's Qwen AI service

Apple has published a guide explaining how eligible Mac users in mainland China ‌can connect Alibaba's Qwen artificial-intelligence service to the U.S. tech giant's Siri digital assistant and Writing ...

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Aug 8, 2026, 8:30 AM EDT - 22 hours ago

Has Atlassian, ServiceNow performance this quarter reduced SaaSocalypse fears

Wall Street's concerns that artificial intelligence would trigger a "SaaSocalypse" for enterprise software companies are facing a fresh test as a series of stronger-than-expected earnings reports has ...

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Aug 8, 2026, 8:28 AM EDT - 22 hours ago

URGENT Berkshire says operating profit rises, conducts stock buybacks

Berkshire Hathaway on Saturday reported a higher quarterly operating ‌profit, benefiting from higher earnings in manufacturing, service and retail operations, while net income was ⁠bolstered by dou...

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Aug 8, 2026, 8:01 AM EDT - 23 hours ago

Why Gold Miners Are More Resilient Than Their Costs Suggest

Gold held above $4,000 in July while miners faced volatility, but record margins suggest cost fears may be overstated. Key Takeaways Gold remained above $4,000 per ounce in July, while gold mining equ...

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