News

China-Philippines tensions simmer after Beijing rebukes Manila over Seoul clash

China and the Philippines have been locked in years of tension over their competing claims in the South China Sea, with friction intensifying in recent months.

CNBC Daily Open: 'Welcome to Foldables' Samsung roasts Apple for being late to party

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Samsung trolls Apple's foldable debut; oil back above $100, pushing the Fed toward a hike next week.

California enacts new curbs on social media for children

California enacted laws restricting addictive social media features for under-16s and banning AI companion chatbots in toys.

Hassett kept up to $5 million Coinbase stake as Trump reshaped crypto policy

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Trump economic advisor Kevin Hassett owned as much as $5 million in Coinbase while serving as the White House's top economic advisor, his disclosure shows.

Chinese Nvidia rival Enflame soars 206% on stock market debut as AI demand stays hot

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Chinese AI chipmaker Enflame, an Nvidia rival and one of China's "four little dragons," made its Shanghai market debut.

Trump says he has no regrets about starting the Iran war as U.S. dials up economic pressure

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Speaking to Fox News presenter Laura Ingraham, Trump said that he would have attacked Iran despite the impact on the midterm elections.

Y Combinator’s Garry Tan says 'do nothing' about distillation as AI giants accuse China of copying their tech

At Y Combinator’s annual Demo Day, CEO Garry Tan explained why he's less concerned about frontier AI model distillation and the existential risk of AI.

Loop Capital Initiates Coverage of Affirm Holdings with Buy Rating

AFRM

Fintel reports that on September 9, 2026, Loop Capital initiated coverage of Affirm Holdings (NASDAQGS:AFRM) with a Buy recommendation. The company's stock closed at $68.00 on September 10, 2026. This follows a pre-action close of $72.08 on September 8, 2026, representing a chang

Chinese AI labs secretly used millions of Claude exchanges to train their models, Anthropic says

Anthropic said it detected unauthorized efforts by China-based AI labs including Alibaba and Moonshot AI to use its Claude models to help improve their own AI systems.

Bessent says 'a large bank' will be sanctioned on Monday as part of Iran strategy

U.S. Treasury Secretary Scott Bessent said that a large bank would be sanctioned next week.