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The Latest Breaking News from Fortune

Crypto startup M0 raises $40 million to build out stablecoin network

Polychain and Ribbit Capital led the round, with participation from existing investors like Pantera and Bain Capital Crypto.

Fortune

Crypto hoarding brings a stock pop for small firms—and in some cases shows patterns of possible insider trading

Cancer drug developer MEI Pharma saw its stock almost double in the days before it committed to a crypto treasury strategy.

Fortune

Investors like Kohl’s turnaround plan despite risk that cuts will hurt sales in the long run

Also: All the news and watercooler chat from Fortune.

Fortune

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‘It’s like when you see the tsunami coming in’: Agricultural economists are sounding the alarm about produce prices doubling

Consumers “don’t have a clue what’s going on,” said Raymond Robertson, a labor economist.

Fortune

George Kurtz on CrowdStrike’s $290 million Onum acquisition and cybersecurity M&A

CrowdStrike, which went public in 2019, is a longtime acquirer, and has acquired data observability startup Onum for about $290 million.

Fortune

Investors are looking at bargains in China, says HSBC investment boss, pushed by AI discounts and fears over Trump 2.0

HSBC’s Willem Sels tells Fortune in an exclusive interview that while U.S. markets remain resilient, geopolitical uncertainty is pushing investors to diversify portfolios—particularly into China.

Fortune

Exclusive: CrowdStrike CEO George Kurtz on $290 million acquisition of startup Onum and security in the AI age

The cybersecurity company, which went public in 2019, is a longtime acquirer, and has acquired data observability startup Onum for about $290 million.

Fortune

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Nvidia earnings beat Wall Street’s sky-high expectations, but the stock is falling because ‘there were no H20 sales to China-based customers’

“Production of Blackwell Ultra is ramping at full speed, and demand is extraordinary,” CEO Jensen Huang said.

Fortune

Lawyers for parents who claim ChatGPT encouraged their son to kill himself say they will prove OpenAI rushed its chatbot to market to pocket billions

OpenAI told Fortune, “We extend our deepest sympathies to the Raine family during this difficult time and are reviewing the filing.”

Fortune

Anthropic landmark copyright settlement with authors may set a precedent for the whole industry

Anthropic has settled a copyright lawsuit that risked exposing the company to billions of dollars’ worth of damages.

Fortune

Robinhood CEO Vlad Tenev says investing for a living could replace labor in a post-AI world

"If you can't rely on labor to generate money to make a living, capital becomes more important," Tenev told Fortune.

Fortune

Canada's Investment In US Stocks Hits Highest Level Since 1990s Despite Trade Tensions: 'Buy Canadian...Doesn't...Apply To Investment Portfolios'

Canadian investors have been pumping a record amount of money into U.S. markets, despite the ongoing trade tensions between the two countries.

Benzinga

Nvidia will move the market tonight in a test of the alleged AI bubble

Also: All the news and watercooler chat from Fortune.

Fortune

Tesla self-driving cars are being tested in Boring Co. tunnels in Las Vegas, but full autonomy is still ‘a ways off,’ convention center exec says

The testing features safety drivers in the driver’s seat, and began prior to Tesla’s robotaxi launch in Austin.

Fortune

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Fortune

Investors are salivating over rate cuts as Trump’s attempt to fire Lisa Cook opens the door for a GOP Fed majority: ‘This is very positive’

It’s more important to have a dovish Fed than an independent one, investor Jay Hatfield told Fortune.

Fortune

Despite snubbing U.S. tourism and boycotting American goods, Canadians are pouring more into U.S. stocks than they have in over 35 years

“‘Buy Canadian’ programs seemingly don’t apply to investment portfolios,” said Warren Lovely, managing director of National Bank of Canada Financial Markets.

Fortune

Perplexity wants to play nice with publishers. They keep suing it anyway

Perplexity is facing copyright lawsuits from publishers around the world, even as it tries to forge partnerships with them.

Fortune

Billionaire Mark Cuban says that 'companies don’t understand’ how to implement AI right now—and that's an opportunity for Gen Z coming out of school

Forget AI taking jobs, Gen Z’s biggest opportunity is teaching people how to use the technology, the former Shark Tank star says.

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news in one place.

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Fortune

Boomer NYU professor says Gen Z’s lazy label comes from zero faith in the payoff of hard work—and a fear that the world will end in 20 years anyway

Baby boomer NYU professor Suzy Welch said people should sympathize with the “vulnerability and sadness” of Gen Z’s current situation—crippling debt and uncertainty—instead of hating on them.

Fortune

Gen Z is adopting 'career minimalism,' killing off the ladder for a 'lily pad' mentality, Glassdoor says

“Conscious unbossing” is becoming a way of life for Gen Z, but they will still accept a manager role for higher pay or a higher title.

Fortune

Exclusive: Blue Water Autonomy raises GV-led $50 million Series A to build unmanned ships

Blue Water Autonomy has raised a $50 million Series A, led by GV, Fortune has exclusively learned.

Fortune

Trump's Intel deal gambles with the perils of picking national champions

Also: All the news and watercooler chat from Fortune.

Fortune

Why KDP’s CEO decided to forge a coffee colossus with the $18 billion acquisition of Peet’s—then spin it off and separate the soda business

Despite investors’ initial harsh reaction, Tim Cofer’s big strategic shift makes sense for KDP.

Fortune

In China, EVs are now cheaper than gas cars. In the U.S., the Big Three still haven’t closed a premium that’s $14,000 per vehicle

Detroit isn’t doomed, said Dan Sperling, founding director of the UC Davis Institute of Transportation Studies. But it requires some key policy support.

Fortune

Millennials and Gen Z are gambling on a big mortgage-rate drop, using ARMs and refinancing. But that could be a 'financial ticking time bomb'

About two-thirds of recent younger homebuyers hope for a mortgage rate drop soon, according to a Truework study.

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