‘Doubts around the AI revolution are emerging,’ BofA says, as the market sees a ‘double-edged sword’ that could ‘cannibalize’ profits
In a note to clients reviewed by Fortune, BofA strategists declared that “doubts around the AI revolution are emerging,” with the market narrative rapidly shifting from an “upside-only” perspective to…
Trump vows to release classified information on aliens after admonishing Obama for commenting on classified information about aliens
After accusing the former president of confirming aliens exist, President Donald Trump has announced he will be releasing government records related to aliens and any unidentified flying objects. “Based on the…
‘We are in a dismal fiscal situation, and it just got worse’: Budget watchdog sounds the alarm even louder after Supreme Court erases Trump’s tariffs
One group that wasn’t so happy was the Committee for a Responsible Federal Budget (CRFB), a nonpartisan organization focusing on fiscal sustainability. While many both in the U.S. and abroad…
Exclusive: Anthropic rolls out AI tool that can hunt software bugs on its own—including the most dangerous ones humans miss
Anthropic has introduced Claude Code Security, the company’s first product aimed at using AI models to help security teams keep up with the flood of software bugs they’re responsible for…
Cuba is quickly nearing a point of no return as the U.S. weaponizes its Venezuelan oil supplies
The Trump administration’s embargo on Cuba—effectively cutting off 75% of the communist-ruled island’s crude oil supplies—is quickly pushing the Havana leadership to a point of no return amid escalating fuel…
Troubled Nvidia ally Supermicro pledged to hire a new CFO ‘immediately.’ That was 14 months ago.
Following the disclosure, Supermicro moved quickly to name Kenneth Cheung as the CAO and principal accounting officer. But more than 14 months and four straight quarters later, Weigand remains in…
Fed confirms it obeyed U.S. Treasury request for an unusual ‘rate check,’ weakening the dollar against foreign currencies
The implication of the move is that the White House wants the dollar to remain weak compared with foreign currencies. A weak dollar means U.S. goods and services are cheap,…
As Gates’ Epstein connection unnerves staff, his foundation looks for a way forward
The move came despite the Gates Foundation confirming as recently as Tuesday that Gates would be attending the event. When asked for comment, the organization told Fortune Gates didn’t give…
Former Prince Andrew was arrested. Bill Gates backed away from a speech. For these power players, the Epstein walls are closing in
Since the Justice Department released the latest tranche of Jeffrey Epstein’s emails, a number of political and business leaders have come under renewed scrutiny for maintaining contact with him long…
America faces a ‘debt crisis’ a lot like the 1980s when a ‘private pact’ brokered by Ronald Reagan did the trick
That report laid out the increasingly high stakes the nation is facing from its overindulgent borrowing, including risks of crowded-out spending, the diminishment of the dollar’s status as a global…
