Business & Economy
Business, finance and the global economy — markets, central banks, trade and the companies moving them. We follow the data that matters (inflation, rates, growth and jobs), the corporate earnings and dealmaking driving equities, and the commodity and currency swings that set the cost of everything.
Latest in Business & Economy
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AI companies are shredding rare books
Article URL: https://xcancel.com/HedgieMarkets/status/2081534588485296565 Comments URL: https://news.ycombinator.com/item?id=49068738 Points: 357 # Co…

Enigma raises $70M to make controlling a robot as easy as adjusting the volume
The massive seed round was led by Index Ventures and Ribbit Capital, with participation from Sarah Guo's Conviction Partners.…

Chinese RAM company CXMT makes a $484 billion stock market debut
The China-based memory firm ChangXin Memory Technologies (CXMT) had a massive first day on the Shanghai stock exchange after its shares surged 466 per…

Ilya Sutskever’s Safe Superintelligence partners with Nvidia to scale its AI research
After two years in stealth, Safe Superintelligence has announced a long-term partnership with Nvidia as it prepares to scale to its next phase.…

Nvidia, Microsoft launch open AI security alliance – without OpenAI, Google, or Anthropic
Nvidia on Monday said it is joining forces with Microsoft, SpaceX, IBM, and other tech companies to build and share open-source AI security tools. The…

Making sense of the panic over Chinese AI
On the latest episode of Equity, we discussed why Moonshot AI's Kimi seemed to panic Silicon Valley and Wall Street.…
Google Discloses $94.1B in SpaceX Stock, Marking 6% Stake
Article URL: https://www.wsj.com/tech/google-discloses-94-1-billion-in-spacex-stock-marking-6-stake-91655d7c Comments URL: https://news.ycombinator.co…
DeepSeek pause fundraise after comments on compute gap to US leaked (transcript) [pdf]
Article URL: https://github.com/demo-zexuan/liang-wenfeng-investor-meeting-2026-7-22/blob/master/%E6%A2%81%E6%96%87%E9%94%8B%E6%8A%95%E8%B5%84%E8%80%8…

Paramount/WBD merger delayed for months as states' lawsuit moves toward trial
“Halting this merger while our case proceeds is a critical victory," NY AG said.…

The 2026 El Niño Is on Track to Be the Strongest on Record
This climate phenomenon could cause a massive global temperature spike and cause economic losses of $10 trillion by 2032.…

Claude Cookbook
Article URL: https://platform.claude.com/cookbook/ Comments URL: https://news.ycombinator.com/item?id=49031409 Points: 265 # Comments: 132…
Flux 3 X Mimic: The Next Generation of Video-Action Models
Article URL: https://bfl.ai/blog/flux-3-mimic Comments URL: https://news.ycombinator.com/item?id=49033127 Points: 274 # Comments: 45…
My security camera shipped a GitHub admin token in its login page
Article URL: https://hhh.hn/hanwha-github-token/ Comments URL: https://news.ycombinator.com/item?id=49034292 Points: 340 # Comments: 130…

Em dashes are fucking amazing
Article URL: https://psychotechnology.substack.com/p/em-dashes-are-fucking-amazing Comments URL: https://news.ycombinator.com/item?id=49034747 Points:…

Claude Opus 5
https://www.anthropic.com/claude-opus-5-system-card Comments URL: https://news.ycombinator.com/item?id=49038433 Points: 537 # Comments: 293…

Why Cognition bought Poke: AI personality is becoming a competitive advantage
AI coding startup Cognition has acquired Poke, the AI assistant you text like a friend, in a deal valuing the startup in the low nine figures. The acq…

Nothing confirms layoffs, but calls market exit rumors ‘fake news’
In response to a report that Nothing is planning to "exit 12 markets as global shipments decline," Nothing cofounder Akis Evangelidis said the company…
Silicon Valley Is Completely Divided Over Chinese AI: Billion-Dollar Labs vs. Scrappy Startups
The AI “startups” worth billions of dollars are raising alarm bells about Chinese AI. The smaller players have a totally different take.…

TikTok’s protection of minors should not be opt-in, warns EU
TikTok has attracted the ire of the European Union over its protection of children who use the video sharing platform. The European Commission announc…

Google just had its first negative cash flow quarter due to massive AI spending
Google continues to report big quarterly revenue, but its AI spending has skyrocketed.…

Tesla’s robotaxi promises are clashing with reality
In an earnings call yesterday, Tesla CEO Elon Musk did his best to paint a positive portrait of the company's robotaxi program. New cities are being a…

Meta launched a new AI optimism ad set to a song about human extinction
David Bowie's song "Five Years," which Meta used in a supposedly inspiring advertisement, is about humans learning that they have five years left to l…

AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors
Etched, founded by three Harvard dropouts, has created new chips and memory components that speed up inference on any AI model -- no GPUs required, it…

The new Halo remake is a reminder of what Xbox used to be
It's impossible to talk about a new Xbox game without also talking about the state of Xbox. Microsoft's gaming division is in freefall: Recent headlin…

Google hit with $1 billion fine for breaking EU antitrust rules
The European Union has fined Google's parent company Alphabet €890 million (about $1 billion) for two separate violations of the bloc's Digital …

Quality non-fiction books are the antithesis of AI slop
https://book-prize-index.vercel.app/ Comments URL: https://news.ycombinator.com/item?id=49007247 Points: 250 # Comments: 97…

ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push
ServiceNow's investment gives BusinessNext a strategic partner to expand its AI-powered banking software globally.…

Sales were up at Tesla but so were costs and spending
Q2 2026 was profitable, but barely.…

After shocking quarter, IBM insists that AI isn’t killing the mainframe
After IBM's stock crashed last week on warnings of a poor mainframe sales, the CEO explained that AI wrecked corporate hardware budget, temporarily.…

Tesla’s revenues are bouncing back after a dismal two years
After a dismal two years of weakening demand, falling sales, and damage to its brand by Elon Musk's political activities, Tesla's road to recovery con…