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Bloomberg61d agoneutral
Farm-Belt Senate Candidates Target Ag Giants in Populist Turn

(Bloomberg) -- As the costs of Donald Trump’s Iran war and higher tariffs pile up on farmers, US Senate candidates in Iowa and Nebraska are stoking populist anger by seizing on long-simmering grievances against giant agricultural companies.Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmSK Hynix Profit Disappoints, Spending Soars to $31 BillionApple Set to Make Big Smart Home Push With Siri AI at CenterNvidia’s $750 Billion in Deals Reignite Circular AI FearsCh

Carrier diversification unravels the last-mile delivery duopoly
FreightWaves61d agoneutral
Carrier diversification unravels the last-mile delivery duopoly

Consumers now expect free delivery in 2.6 days, down from 3.4. Meeting that promise pushed more than half of retailers past FedEx, UPS and the Postal Service. The post Carrier diversification unravels the last-mile delivery duopoly appeared first on FreightWaves.

Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents
Reuters61d agoneutral
Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents

Chip design startup ChipAgents expanded its Series A financing with ‌a $60 million infusion to further fund its plans to ‌speed up semiconductor design through the use of AI agents, its chief executive said. ChipAgents ​builds software that harnesses so-called AI agents - programs capable of making decisions and executing complex tasks with little or no human oversight - to make the complex, lengthy process of chip design faster and more ‌automated. ChipAgents sees the largest speedup in ​design with the company's ‌software that is designed to help verify a chip will function as intended, CEO William Wang told Reuters in an interview.

💬 Money Quote: Mark Zuckerberg
The Wall Street Journal61d agoneutral
💬 Money Quote: Mark Zuckerberg

📣 “So far, I think that all the work around AI has net created a lot of jobs because there’s all this infrastructure that needs to get created...So that concern hasn’t exactly played out the way that people feared it might.

Bloomberg61d agoneutral
Wall Street’s Trading Records Leave European Banks in Their Wake

(Bloomberg) -- After UBS Group AG reported that its equities traders reeled in 53% more revenue than a year ago, hitting over $2.3 billion two quarters in a row, Stefan Stalmann, an analyst at Autonomous Research, praised it with a caveat.Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmSK Hynix Profit Disappoints, Spending Soars to $31 BillionNvidia’s $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri AI at CenterChi

SoFi lifts 2026 revenue forecast as member growth, new loans hit records
Reuters61d agoneutral
SoFi lifts 2026 revenue forecast as member growth, new loans hit records

Fintech SoFi raised its 2026 revenue growth forecast above Wall Street expectations on Wednesday after posting a ‌market-beating second quarter, driven by record member growth and loan originations. Despite ‌an uncertain macroeconomic environment, elevated interest rates and high costs of living, credit quality has been ​stable thanks to resilient borrowers, allowing consumer lenders to continue growing their loan books and interest income. Fintech firms such as SoFi have emerged as credible challengers to traditional banking heavyweights.

United Microelectronics Q2 Earnings Call Highlights
MarketBeat61d agoneutral
United Microelectronics Q2 Earnings Call Highlights

United Microelectronics (NYSE:UMC) reported higher second-quarter revenue, wafer shipments and utilization as demand strengthened in communications and consumer applications, while the company raised its 2026 capital-expenditure budget to support silicon photonics and advanced-packaging growth initi

Bloomberg61d agoneutral
NextEra, Brookfield to Build $100 Billion Kentucky Data Campus

(Bloomberg) -- NextEra Energy Inc., the largest US power utility, is teaming up with Brookfield on a more than $100 billion transformation of a shuttered Cold War uranium-enrichment facility in Kentucky into a data center campus with a generating plant.Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmSK Hynix Profit Disappoints, Spending Soars to $31 BillionNvidia’s $750 Billion in Deals Reignite Circular AI FearsApple Set to Make Big Smart Home Push With Siri A