Market News

Google links massive cloud outage to API management issue - BleepingComputer

Google says an API management issue is behind Thursday's massive Google Cloud outage, which disrupted or brought down its services and many other online platforms.rnGoogle says the cloud outage start… [+3255 chars]

Anker Recalls PowerCore 10000 Power Banks for Burning or Exploding. Learn How to Get a Free Replacement - CNET

On Thursday, June 12, electronics maker Anker announced an official recall of Anker PowerCore 10000 power banks with the model number A1263. The company received 19 reports of the portable chargers c… [+4890 chars]

Tesla stock rises as US moves to ease rules for self-driving cybercab - Yahoo Finance

Investing.com -- Tesla (NASDAQ:TSLA) stock rose 2.6%, hitting a session high on Friday after a report that the US government is taking steps to ease regulations that have hindered the deployment of s… [+1598 chars]

Regarding the Proposed Acquisition of the United States Steel Corporation by Nippon Steel Corporation - The White House (.gov)

By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 721 of the Defense Production Act of 1950, as amended (section 721), 50 … [+6209 chars]

Airbus A220 Decides To Try A Little Off-Roading, Shuts Down Air Traffic To Boston Logan Airport - Jalopnik

Airplane investigations take months, sometimes years, to complete, so we may not have official word on the cause of the A220's sojourn for a while. Losing steering could be an issue with the control … [+849 chars]

'Buy now, pay later:' a replacement for the millennial lifestyle subsidy? - NPR

It's Been A Minute host Brittany Luse is in dire need of a new couch.rn"I can feel the frame through the padding it's rough," she said. "I'm not even inviting my friends over because I don't want the… [+6545 chars]

Scale AI Backer Accel Set for $2.5 Billion Windfall on Meta Deal - Bloomberg

A handful of venture capital firms are set to see huge returns from their early bets on Scale AI, following Meta Platforms Inc.s $14.3 billion mega investment in the artificial intelligence startup. … [+391 chars]

Trump was "amazed" Musk ever endorsed him: "Now I know why Elon doesn't like me so much" - Axios

What they're saying: "Now I know why Elon doesn't like me so much," Trump said before backtracking and calling Musk's reaction to his EV mandate policy "honest." rn

• "I used to say I was amazed… [+778 chars]
  Read More

Unpacking AI Agents - WIRED

Will Knight: Maybe we also need a renewed open source movement so we're not just using agents that belong and funnel data to these giant companies. Use open source code and models, and that sort of t… [+3892 chars]

Data Centers Pose Threat to Electric Grids, US Regulator Says - Bloomberg

Big data centers connecting to power grids is now one of the greatest near-term risks to reliability, according to a rare warning by the US agency charged with overseeing the sector. rnThe sprawling … [+500 chars]

Chime almost died in 2016, turned down by 100 VCs. Today it IPO’d at $14.5B. - TechCrunch

One of the years most anticipated IPOs took place on Thursday when neobank Chime raised $864 million in its IPO, pricing its shares at $27, which is above its previously announced range of $24 to $26… [+3842 chars]

UK Declares Jolly Ranchers Unsafe - Newser

The UK's equivalent of the FDA has warned the British public against eating several kinds of Jolly Rancher products. In an alert issued Wednesday, the Food Standards Agency said the products "contain… [+519 chars]

US Treasury’s 30-Year Bond Auction Is Met With Solid Demand - Bloomberg

A closely watched auction of 30-year Treasuries saw stronger-than-expected demand on Thursday, easing for now worries that investors would shun the US governments longest maturity.rnThe $22 billion s… [+337 chars]

Anker Recalls More Than 1 Million PowerCore 10000 Power Banks: What to Know - CNET

The electronics maker Anker recalled its PowerCore 10000 power banks with the model number A1263 after receiving 19 reports of fires and explosions.rnAccording to an alert posted Thursday by the Cons… [+4702 chars]

Trump ramps up pressure on Powell to cut interest rates - MarketWatch

President Donald Trump on Thursday dialed up pressure anew on Federal Reserve Chairman Jerome Powell to cut interest rates, with the central bank's next policy meeting looming next week.rnTrump has c… [+381 chars]

Bitcoin’s next rally might be boring, but it’s definitely bullish! - AMBCrypto

• Bitcoin outflows from Binance and strong LTH accumulation hint at reduced sell-side pressure.
• With STHs quiet and supply tightening, BTC may be setting up for a sustained rally.
<… [+1158 chars]
Read More

Anker recalls more than 1.1 million power banks after some users report fires - CBS News

Anker Innovations is recalling 1.15 million portable chargers after some consumers reported fires and explosions.  rnAccording to a notice from the U.S. Consumer Product Safety Commission (CPSC), the… [+2253 chars]

Archer Raises $850M Following White House Executive Order To Accelerate U.S. eVTOL Rollout, Cementing Its Industry-Leading Liquidity Position Of Approximately $2B - Archer Aviation

SANTA CLARA, Calif.--(BUSINESS WIRE)-- rnToday Archer Aviation Inc. (NYSE: ACHR) raised an additional $850M following the White Houses announcement last week of an Executive Order by President Trump … [+5392 chars]

Global oil prices soar after Israel attacks Iran - BBC

Global oil prices jumped after Israel said it had struck Iran, in a dramatic escalation of tensions in the Middle East.rnBenchmark oil contracts, Brent Crude and Nymex light sweet, were up by more th… [+1583 chars]

More than 1 million power banks recalled after some consumers report fires - ABC News

NEW YORK -- More than 1.15 million power banks are under recall across the U.S. after some fires and explosions were reported by consumers.rnAccording to a Thursday notice from the U.S. Consumer Prod… [+1600 chars]

Chipotle fans score big with BOGO burrito deal - kare11.com

MINNEAPOLIS Friday the 13th isn't always unlucky especially not this one, thanks to a beloved food chain.rnOn Friday, Chipotle Mexican Grill said it will offer a buy-one-get-one burrito deal for patr… [+2160 chars]