Binance says an October 29 wallet attack had an estimated $6.3 billion impact. The company says user funds are safe; attribution and final totals remain unconfirmed.
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Finance
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Microsoft Earned A Warm Response While Alphabet Got A Cooler One
Microsoft shares gained about 4% after earnings while Alphabet fell about 10%, as investors weighed cash flow, cloud growth and AI spending.
How To Use An AI Agent For Financial Tasks Without Sharing A Login
Bank of America warned customers against giving AI tools their banking passwords. Safer options include limited access, payment approvals and spending caps.
What’s Behind The Financing For Anthropic’s Chips?
A $63 billion financing plan funds Broadcom chips leased to Anthropic, with banks, Blackstone and Broadcom sharing different layers of risk.
What A Critical Read Of Anthropic’s S-1 Reveals
A critical reading of Anthropic’s preliminary S-1 highlights founder voting control, large supplier commitments and risks disclosed by the AI company.
What Anthropic’s Filing Reveals About Its AI Business Risks
Anthropic’s preliminary IPO filing reports rapid revenue growth, heavy compute commitments and unusual voting controls, while leaving key offering details blank.
A Time-Saving Risk Reporting Process For Solo Advisors
A proposed 10-minute portfolio risk report would turn client holdings into a plain-language snapshot. Its usefulness and willingness to pay remain untested.
The Viral “100X Trade” Strategy, Tested Again And Again By AI
A paper-trading test across about 13,000 windows found both versions of a viral Polymarket strategy lost money.
SpaceX’s First Profitable Quarter: The Company’s Results And Musk’s $1 Trillion Promise
SpaceX reported $14.6 billion in Q3 revenue and $4.4 billion in net income. Musk projected up to $1 trillion in annual recurring revenue by end of 2027.
Anthropic’s 5% Fund Plan: The Questions Behind The Announcement
Anthropic says it will commit 5% of its shares to a company-owned fund, but approval, governance and rules for distributing the shares remain unsettled.