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While many consumer routers have been blocked from receiving FCC approval since March due to them being produced outside of the US, Asus has finally secured regulatory clearance across a large number of its routers.
The man deciding military AI strategy held substantial stakes in the very firms those decisions affected. Emil Michael, undersecretary of defense for research and engineering, made three substantial trades between January and June 2026—xAI, Perplexity, and Brex—collecting between $15 million and $75 million in estimated proceeds, according to federal ethics disclosures. Those trades overlapped with…
Bill Ackman, the billionaire founder of the hedge fund Pershing Square Capital Management, was a busy man during the second quarter. He and his team made some notable moves. For instance, the firm surprisingly closed its position in Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL). Why is this a surprise?
Billionaire hedge fund manager Stanley Druckenmiller, who runs the Duquesne Family Office, made a number of interesting portfolio moves during the second quarter. Among them, the firm sold some of its Sandisk(NASDAQ: SNDK) stock and piled into three other AI-related companies: Taiwan Semiconductor (NYSE: TSM), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and Amazon (NASDAQ: AMZN).