UPDATED AUGUST 12, 2026 · 1060 STORIES ON THE WIRE

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01EARNINGS

CoreWeave stock jumps 23% as second-quarter AI cloud revenue doubles

When AI demand doubles the revenue of a cloud supplier in a single quarter, hyperscalers, the handful of giant technology companies that build and operate data centers at an industrial scale, are usually the explanation. CoreWeave, which…

AUGUST 12, 20262 MIN

02REGULATORY

Switzerland moves to give its financial regulator the power to intervene at troubled banks

When a regulator gains the legal authority to step inside a bank that is struggling, before a failure becomes public, that authority is called an intervention power. Switzerland is now pushing to give its financial watchdog exactly that…

AUGUST 12, 20262 MIN

03WORLD

U.S. firms Meta and Nvidia enter open-weight AI race as Chinese labs lead

Open-weight artificial intelligence, a category where model parameters are published for any developer to use and modify freely, has a clear leader: Chinese labs. That advantage is now draw

AUGUST 12, 20261 MIN

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04DEALS

Arko Petroleum agrees to buy U.S. Petroleum Partners for $205 million

Throughput, the volume of fuel a distribution network moves over time, is about to rise sharply across the Great Lakes. Arko Petroleum has agreed to pay $205 million in cash, plus the cost of inventory, to acquire U.S. Petroleum Partners…

AUGUST 12, 20262 MIN

05HEALTH

Autoimmune research pioneer Georg Schett co-founds his first biotech, choosing antibody therapies over CAR-T

Georg Schett, the German scientist who spent five years demonstrating that CAR-T therapy, a treatment that engineers a patient's own immune cells to target and eliminate the source of disease, can reset the immune system in autoimmune…

AUGUST 12, 20262 MIN

06ENERGY

Oil prices rise as attacks on vessels in the Red Sea and Gulf of Oman stoke supply fears

Global oil prices climbed on Wednesday after deadly attacks on ships in the Red Sea and Gulf of Oman amplified concerns about the security of international shipping routes. A shipping route

AUGUST 12, 20262 MIN

07TECH

OpenAI Plans Public Release of GPT-5.6 as Government-Requested Limits Come Down

Access limits on artificial intelligence models are coming down at two of the industry's biggest companies. Those limits, meaning restrictions a company agrees to place on who can access a model when a government requests them, have been…

AUGUST 12, 20261 MIN

08MACRO

Shurgard Self Storage reports €229.6 million in revenue and €0.77 non-GAAP earnings per share

Non-GAAP earnings measure what a company earns after stripping out depreciation and similar non-cash accounting charges from the standard result. The short form stands for non-generally accepted accounting principles, and the number…

AUGUST 12, 20261 MIN

09WORLD

China-linked hackers used autonomous AI agents to strike Taiwan in a new phase of cyberwarfare

A cyberattack linked to China hit Taiwan using autonomous AI agents, in what was described as an unprecedented operation. Autonomous, in this context, means the software ran reconnaissance an

AUGUST 12, 20262 MIN

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