Uplifting Echoes

Business

Nike to cut off thousands of online distributors in China, restructure digital footprint - CNBC

Nike to cut off thousands of online distributors in China, restructure digital footprint - CNBC

Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.

OpenAI Models Escaped Containment and Hacked Hugging Face - WIRED

OpenAI Models Escaped Containment and Hacked Hugging Face - WIRED

The cybersecurity-focused models, including GPT-5.6 Sol, broke out of a testing sandbox, exploited a zero-day, and gained access to the open internet to pull off the attack.

Supermicro stock jumps on gross margin raise amid record $60 billion backlog - Yahoo Finance

Supermicro stock jumps on gross margin raise amid record $60 billion backlog - Yahoo Finance

Supermicro stock jumped in after-hours trading as the company upped its gross margin guidance amid a record backlog of orders.

Tokyo urges men to wear shorts to work, but women say it's 'leg hair harassment' - BBC

Tokyo urges men to wear shorts to work, but women say it's 'leg hair harassment' - BBC

The Tokyo Metropolitan Government wants workers to ditch the suit and tie for t-shirts, trainers - and shorts.

OpenAI appoints two new members to board of directors - CNBC

OpenAI appoints two new members to board of directors - CNBC

OpenAI appointed longtime financial executives David Vélez and Robin Vince to its nonprofit and for-profit boards.

SpaceX’s stock snaps brutal losing streak ahead of key Starship rocket launch - MarketWatch

SpaceX’s stock snaps brutal losing streak ahead of key Starship rocket launch - MarketWatch

Plus, investors just found out when insiders can start dumping their shares

Anduril, Archer Aviation unveil hybrid-electric VTOL for defense and commercial use - Fox Business

Anduril, Archer Aviation unveil hybrid-electric VTOL for defense and commercial use - Fox Business

Anduril unveiled Thunder at Farnborough Airshow, a hybrid-electric VTOL platform co-developed with Archer Aviation for defense and commercial use.

US Treasury sends warning to hedge funds over ‘tax alpha’ strategies - Financial Times

US Treasury sends warning to hedge funds over ‘tax alpha’ strategies - Financial Times

AMG shares tumble after officials question explosive growth of tax-loss harvesting investment techniques

SpaceX, Micron, Western Digital, Sandisk, Danaher, and More Stocks That Explain Today’s Market - Barron's

SpaceX, Micron, Western Digital, Sandisk, Danaher, and More Stocks That Explain Today’s Market - Barron's

SpaceX rose and memory names Western Digital and Sandisk were at the top of the S&P 500.