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Google Says Gemini Hacked Three Companies on Its Own

On the same morning Google disclosed that Gemini autonomously hacked into three companies and stopped itself, the company announced a multimillion-dollar bet on AI education at the UN. One event could invite federal regulation; the other signals a very different future for Alpha…

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New ETF launches1 new ETF hit the market · Sep 23
  • AIBFiShares Future AI Beneficiaries ETFequity0.40%

BlackRock is betting the next AI trade belongs to the companies using AI rather than the ones building it: the iShares Future AI Beneficiaries ETF is Wednesday's lone launch, at a 0.40% net expense ratio.

Biggest movers · At the close
  • PANWPalo Alto Networks$392.81+4.9%
  • ASANAsana$9.47+4.2%
  • IONQIonQ$42.43+4.1%
  • DOCUDocuSign$69.29+3.8%
  • PLTRPalantir$191.7+3.6%
  • EXPEExpedia$259.02-7.7%
  • ABNBAirbnb$149.57-7.6%
  • LMNDLemonade$44.57-6.5%
  • HIMSHims & Hers$28.48-6.4%
  • OPENOpendoor Technologies$2.6-6.0%

Travel took the worst of Wednesday's close, with Expedia down 7.72% and Airbnb close behind at 7.56%. Software ran the other way: Palo Alto Networks led all gainers at 4.87%, with Palantir back near $192.

CLOSING BELL
U.S. Markets
  • S&P 500-0.76%
  • Dow Jones Industrial Average-0.64%
  • Nasdaq Composite-1.21%

Growth stocks took the brunt of it: the Nasdaq's 1.21% drop was nearly double the Dow's decline, a sign higher rates are hitting the most expensive corners of the market first.

Stock picks

GameStop Still Wants eBay, and Its CEO Is Betting Big on Himself

Ryan Cohen just wrote a personal check for a million shares of his own struggling company, and three directors bought the same week. When a CEO puts tens of millions of his own money in while quarterly sales crater, the question is what he knows that the market hasn’t figured ou…