Latest News

Prices of Used EVs Spike, from already Lofty Levels, as Gasoline Prices Spike. But Electricity Prices also Soared (wolfstreet.com)
2026-5-8

Antarctic diplomacy's “back to basics” test (www.lowyinstitute.org)
2026-5-8

China's grey-zone fleet is eroding Taiwan's control at sea (www.aspistrategist.org.au)
2026-5-8 China Taiwan

Mozilla says Anthropic's Mythos Preview and other AI models helped it identify and ship 423 Firefox security bug fixes in April, compared to 31 a year earlier (techcrunch.com)
2026-5-8 AI Firefox Mozilla

Sources: AI model builder Core Automation, founded in March by Jerry Tworek, aims to raise $300M-$500M at a $4B valuation after raising $100M at a $1B valuation (www.theinformation.com)
2026-5-8 AI

Budget week puts Australia's aid ambitions on the line (www.lowyinstitute.org)
2026-5-8 Australia Budget

MercadoLibre reports Q1 revenue up 49% YoY to $8.8B, vs. $8.4B est., and net income down 16% to $417M, vs. $433M est.; MELI drops 5%+ after hours (www.bloomberg.com)
2026-5-8

French prosecutors escalate an investigation into Elon Musk and X, focused on alleged algorithmic manipulation and sexual deepfakes, to a criminal probe (www.cnbc.com)
2026-5-8 France Elon Musk

Now is the time to buy “old gold”… (dailyreckoning.com)
2026-5-8

IMF Warns New AI Models Risk 'Systemic' Shock To Finance (news.slashdot.org)
2026-5-8 AI IMF

Lyft reports Q1 revenue up 14% YoY to $1.65B, vs. $1.63B est., gross bookings up 19% to $4.95B, vs. $4.91B est., and rides up 8.5% to 236.9M, vs. 241.2M est. (www.wsj.com)
2026-5-8

Block reports Q1 revenue up 5% YoY to $6.1B, vs. $5.9B est., and raises its 2026 gross profit forecast above estimates; XYZ jumps 7%+ after hours (www.bloomberg.com)
2026-5-8

Indigenous peacebuilders have a different answer to Carney's rupture (www.lowyinstitute.org)
2026-5-8

Canvas login portals hacked in mass ShinyHunters extortion campaign (www.bleepingcomputer.com)
2026-5-8

CoreWeave reports Q1 revenue up 112% YoY to $2.08B, vs. $1.97B est., a $99.4B revenue backlog, forecasts Q2 revenue below estimates; CRWV drops 8%+ after hours (www.cnbc.com)
2026-5-8

60% of MD5 Password Hashes Are Crackable In Under an Hour (yro.slashdot.org)
2026-5-8

New TCLBanker malware self-spreads over WhatsApp and Outlook (www.bleepingcomputer.com)
2026-5-8 WhatsApp

Nvidia and data center operator IREN announce a deal to deploy up to 5 GW of AI infrastructure; Nvidia can invest $2.1B into IREN; IREN jumps 9%+ after hours (www.cnbc.com)
2026-5-8 AI Nvidia

Cloudflare reports Q1 revenue up 34% YoY to $639.8M, plans to cut 1,100+ jobs as it shifts to an “agentic AI-first operating model”; NET drops 13%+ after hours (www.bloomberg.com)
2026-5-8 AI

Coinbase reports Q1 revenue down 31% YoY to $1.41B, vs. $1.52B est., and a loss of $1.49 per share, vs. a $0.27 profit est.; COIN drops 4%+ after hours (www.cnbc.com)
2026-5-8 Coinbase

Airbnb reports Q1 revenue up 18% YoY to $2.68B, vs. $2.62B est., Nights and Seats Booked up 9% to 156.2M, vs. 155.77M est., lifts 2026 revenue growth guidance (www.cnbc.com)
2026-5-8 Airbnb

US mulls drilling for oil under military bases – Bloomberg (www.rt.com)
2026-5-8

Remains of 80 Soviet soldiers reburied in Germany (VIDEO) (www.rt.com)
2026-5-8 Germany

CEOs Want Tariff Refunds As Earnings Take a Hit (news.slashdot.org)
2026-5-8

Goldman Sachs: Alphabet and Amazon generated “other income” totaling $53B in Q1, or ~60% of their Q1 income; $49B was due to equity stakes in private companies (www.ft.com)
2026-5-8 Amazon Goldman Equity Alphabet

Germany mulls fines amid faltering army recruitment drive – Spiegel (www.rt.com)
2026-5-8 Germany

Microsoft Issues Warning About Linux 'Copy Fail' Vulnerability (it.slashdot.org)
2026-5-8 Linux Microsoft

Construction Spending on Data Centers, Factories, Chip Plants, Powerplants, Office Buildings: Boom one End, Bust the Other (wolfstreet.com)
2026-5-8

Anthropic researchers detail natural language autoencoders, which convert LLM activations, the numbers encoding a model's thoughts, into natural language text (www.anthropic.com)
2026-5-8 NLP

Sources: OpenAI and Broadcom discuss terms for Broadcom to finance initial custom chip production for ~$18B, conditioned on Microsoft buying ~40% of the chips (www.theinformation.com)
2026-5-8 Microsoft

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