Apps

Warren Buffett Steps Down as Berkshire Chairman, Son Howard Elected

Warren Buffett steps down as Berkshire Hathaway chairman, becoming chairman emeritus, with his son Howard Buffett succeeding him as chairman under Berkshire’s long-standing succession plan; Greg Abel remains CEO and Susan Decker remains lead independent director as the company continues its governance transition. The moves cap a decades-long transformation and reflect confidence in Berkshire’s future leadership and culture.

Warren Buffett

+186%2d

Finance

SEC Creates Five-Year Innovation Exemption for Tokenized Stock Venues

The SEC rolled out a five-year conditional exemption, the Innovation Exemption, allowing tokenized securities venues to trade tokenized stocks on-chain without registering as exchanges, under strict conditions including sanctions compliance and investor protections. Issuers can object to third-party tokenization, synthetic tokens are excluded, and the agency invites public comment as it lays groundwork for broader rulemaking amid broader legislative headwinds on crypto markets.

United States Securities and Exchange Commission Clarity Act

3d

Finance

BoE Hold Expected, Energy Revives Hike Bets

UK CPI rose 3.1% in August, highest since February, as the Bank of England is expected to hold Bank Rate at 3.75% on Thursday.

United Kingdom Bank of England

4d

Finance

Kashkari Warns U.S. Inflation Spreads Beyond Oil

Minneapolis Federal Reserve President Neel Kashkari warned that U.S. inflation remains elevated across broad sectors, extending beyond energy to services and other parts of the economy. After the Fed’s unanimous 25 basis-point rate hike to 3.75%–4.0%, he said further tightening could come if inflation remains high and stressed the Fed cannot directly lower oil prices but can curb inflation with policy.

Neel Kashkari

8h

Business

Nscale Files for U.S. IPO with Reports of $35B Valuation Target

Nscale, the Nvidia-backed AI data-center company spun out of Arkon Energy, has officially filed for a US IPO on the NYSE with a targeted valuation reportedly up to $35 billion while remaining British-domiciled. The offering comes as the firm posts material losses against growing revenue, backed by major investors and banks including Goldman Sachs, J.P. Morgan and Morgan Stanley, with a UK retail share option anticipated and intensive institutional underwriting.

Nvidia

2d

Finance

Bank of Japan Raises Rate to 31-Year High

BOJ raised its key rate to 1.25% on a 7-2 vote, a 31-year high, after Tokyo and Washington intervened to halt the yen's slide.

India Bank of Japan

2d

Finance

Fed Raises Rates, Signals Further 2026 Hike

RBI Governor Sanjay Malhotra met Finance Minister Nirmala Sitharaman amid rising inflation risks linked to crude oil prices, with SBI Ecowrap signaling a higher chance of rate hikes as oil crosses $100 a barrel. The meetings precede the RBI’s October 5–7, 2026 MPC policy review, following India’s 7.8% Q1 GDP growth and a kept repo rate of 5.25% in August.

Donald John Trump Kevin Warsh

6d

Finance

China’s Oil Stockpile Cushions Prices Amid Iran Conflict

China’s ~1.4 billion-barrel oil reserve has kept prices below worst-case levels six months into Trump’s Iran war; Brent hovers near $100 after a $126 peak.

Donald John Trump

1d

World

US Warns Allies of Potential Five-Year Weapons Delays

The U.S. warned allies of missile and air-defense delivery delays of up to five years while restocking after the Iran war that began Feb. 28.

Donald John Trump

2d

Finance

Fed Raises Rates to 4%, First Since 2023

Fed Chair Kevin Warsh announces first rate hike since July 2023, to 3.75%-4%, saying inflation is too high and has been for too long.

Donald John Trump

4d

Business

Orion180 Prices $240 Million IPO Below Range

Orion180 priced its IPO at $12 a share, below the $15–$17 range, raising $240 million at a $1.2 billion valuation.

initial public offering office of the inspector general

3d

Finance

Bank of America keeps Boeing buy rating with $270 target

BofA kept a Buy on Boeing at $270—about 36% above the $198.13 price—after a 76-cent quarterly loss; the 2023-dated call ran in a 2026 alert.

Boeing

2d

Tech

AI-Linked Stocks Slide After Leaders Urge Slowdown

Global AI-related stocks tumbled after industry leaders, including Anthropic and OpenAI, urged a slower, safety-focused development path, triggering declines in chipmakers and AI infrastructure stocks across Asia, the US, and beyond. The sell-off highlighted investor concerns over regulatory bottlenecks, while ongoing demand for computing infrastructure limited downside in the longer term.

Sam Altman

6d

Finance

Stocks Rebound as Oil Eases After Fed Hike

US stock futures dipped as the 10-year Treasury yield rose above 5% ahead of the Federal Reserve decision, underscoring higher borrowing costs and persistent rate-inflation concerns. Oil climbed on Middle East tensions, while bond–equity ETFs showed reduced diversification benefits as rates stayed elevated and markets sold off.

Donald John Trump Kevin Warsh

6d

Finance

Fed Raises Rates, Signals Possible Further Hike

Minutes from the July FOMC meeting are viewed as a key gauge of the committee's appetite for a rate hike, with markets pricing roughly a 30% chance and several dissents among current voters highlighted. The previews also flag potential clues on the Fed's reaction function, language in the minutes about participants, and a focus on reserve-management purchase policy as the Fed refrains from new purchases in the August-September window, signaling patience ahead of a likely September decision.

Donald John Trump Kevin Warsh

6d

Finance

Law firms file suits against Beta Bionics alleging unreported pump complaints

Law firms sue Beta Bionics, alleging more than 18,000 unreported iLet complaints across fewer than 30,000 users; lead plaintiff deadline is Nov. 3, 2026.

SEC Rule 10b5-1

2d

Business

Indexes Advance as AI Infrastructure Stocks Draw Retail Focus

Retail investors buzzed about tech and AI-related names such as Intel, Apple, Nvidia, Nebius Group, and Oracle, while major dividend announcements from PACCAR, Abbott, Texas Instruments, and Kroger highlighted a shift toward income-focused stability. The day-to-day market move featured AI-infrastructure rotations, post-earnings rallies in cloud/server names, and notable stock surges and catalysts in Aethlon Medical, Oklo, CID HoldCo, Xenon Pharmaceuticals, and Moderna-related themes.

Nvidia Intel

3d

Business

Electra Therapeutics Prices $350 Million Biotech IPO

Electra Therapeutics priced an upsized $15-per-share IPO at roughly $350 million, selling 23,333,334 shares with a 30-day option for 3.5 million more and set to trade on Nasdaq as ETRA; proceeds will fund its ipsoprubart HLH program and other candidates as it scales its late-stage pipeline. The deal underscores strong investor demand for biotech IPOs in 2026, with Electra among multiple companies raising substantial capital for immune-mediated diseases and cancer programs.

Electra

3d

Business

May Mobility Plans $1.4B SPAC Public Listing

May Mobility struck a $1.4B SPAC deal with ACP Holdings to list on Nasdaq as MAY by end of 2026, with up to $337M in proceeds and 550,000-plus rides already done.

The May Department Stores Company

4d

Finance

U.S. Homebuilder Sentiment Falls to 12-Month Low

Homebuilder sentiment fell to 32, a one-year low, as the 30-year rate hit 6.76%; NAHB's Bill Owens cited weaker buyer traffic from rising rates and labor shortages.

National Association of Home Builders

4d

World

McMaster says US could sanction Chinese banks over Iran support

US national-security figures indicate President Trump will press Xi Jinping during the September 24 talks and could levy secondary sanctions on Chinese financial institutions over Beijing's alleged aid to Iran, including satellite imagery support, while widening pressure on Iran’s oil networks. Analysts note the sanctions strategy hinges on Chinese banks and networks beyond the US, with Iran having adapted over decades and the wider global financial system potentially bearing the cost.

Donald John Trump

2d

Business

Fluence Cuts 2026 Outlook as Houston Delays Mount

Fluence cut $600 million from FY2026 revenue guidance to $2.4 billion after CEO Nebreda said Houston automated welding was operating significantly below target.

Houston-based radiant exposure

4d

Auto

Volvo Plans 13 Regionally Tailored Models by 2030

Volvo CEO Håkan Samuelsson says showrooms "will look very different in 2030" as the company plans 13 models by decade’s end, its largest push in 99 years.

Geely Volvo Cars

3d

Finance

RADCOM Plans $20 Million Share Buyback

Radcom Ltd. announced a share repurchase program of up to $20 million of its ordinary shares, with buybacks expected to run for up to 18 months and may occur in the open market or private transactions, signaling management’s confidence in the company’s value and capital-return strategy. The news spurred a rally in Radcom’s stock and underscores the company’s plan to return capital to shareholders while pursuing growth.

RadCom

3d