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Scribe Therapeutics Shares Could Nearly Triple, Analysts Say, Following Strong IPO Debut

Wall Street analysts are confident that Scribe Therapeutics (NASDAQ:SCTX) can continue its rally after going public less than a month ago, with three separate banks initiating coverage of the gene-editing company this week. One bank assigned an overweight recommendation to the stock, citing a …

Nitish Kishor | 18 August 2026

Seoul Rattled by Trump's Threat to Scale Back Drills at Heart of US Alliance

South Korea's security establishment was rattled after President Trump sent an unexpected message hours before annual joint military exercises were set to begin, announcing that he had ordered the Pentagon to substantially reduce the drills and citing his very good relationship with North Korean …

Nitish Kishor | 18 August 2026

Short Sellers Reap $2.1 Billion as Small Modular Reactor Stocks NuScale (NYSE:SMR) and Oklo (NYSE:OKLO) Tumble

Short sellers have made an estimated $2.1 billion betting against NuScale Power (NYSE:SMR), Nano Nuclear (NASDAQ:NNE) and Oklo (NYSE:OKLO) over the past year, according to data provider S3 Partners, as a collapse in investor enthusiasm for small modular nuclear reactor technology erases billions from …

Nitish Kishor | 18 August 2026

OpenAI Rolls Out Dedicated ChatGPT for Teens With Added Safety Features

OpenAI will restrict teenagers to a new version of ChatGPT featuring greater mental health safeguards and tools intended to encourage critical thinking, as the company responds to growing concern over the technology's effects on young people. The dedicated version for 13- to 17-year-olds will …

Nitish Kishor | 18 August 2026

Paramount Seeks $1.88 Billion Bond From State Attorneys General Over Merger Delay Costs

Paramount Skydance (NASDAQ:PSKY) will seek to force the states holding up its merger with Warner Bros. Discovery (NASDAQ:WBD) to pay for the fees and costs associated with the delay, according to a new court filing this week in the ongoing antitrust case. Paramount is …

Nitish Kishor | 18 August 2026

Data Centers, Cryptocurrency and Tax Policy Take Center Stage in Alaska, Florida and Wyoming Primaries

Primary election season continued this week as voters in Alaska, Florida and Wyoming headed to the polls to choose their party's candidates for November's midterm elections, which remain less than three months away. The November midterms will determine control of Congress for the remainder …

Nitish Kishor | 18 August 2026

Libya Seeks Up to $40 Billion Investment to Revive Oil and Gas Sector

Libya needs as much as $40 billion of investment to develop its oil and gas resources as it seeks to restore itself as one of the world's major crude producers, according to Masoud Suleman, chairman of Libya's National Oil Corporation. The North African country, …

Nitish Kishor | 18 August 2026

Millennials and Gen Z Land Fast-Growing, High-Paying AI Jobs, LinkedIn Study Finds

While young workers are struggling in the broader job market, they are thriving in a subset of artificial intelligence roles, according to a study published this week by LinkedIn. The study identified the 12 fastest-growing AI jobs based on an analysis of platform data, …

Nitish Kishor | 18 August 2026

Mark Carney Makes Last-Ditch Push to Avoid Trump's Latest Tariffs on Canada

Canada is making a last-ditch bid to avert a fresh volley of US tariffs on $20 billion worth of goods, ranging from hockey sticks to liquor, as relations between the two countries come under renewed strain. Prime Minister Mark Carney spoke by phone with …

Nitish Kishor | 18 August 2026

Meta Faces Potentially Historic Penalties as California-Led Child Safety Case Reaches Trial

If New Mexico created the blueprint for taking on Meta (NASDAQ:META), California could determine the company's fate when it comes to critical changes at Facebook and Instagram. Opening arguments began this week in a trial that California's attorney general is co-leading against Meta, following …

Nitish Kishor | 18 August 2026
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