Sep 26, 1997 3:15 PM

GDP Lower, Market Higher

Investors got the high sign from an economic report - a lower-than-expected revision in second-quarter GDP - and hit the street buying. In midafternoon trading, the Dow was up about 74.17 to 7922.18; the Nasdaq was up 3.35 to 1682.24.

Comments

Polymarket Halted International Trading After Hackers Drained Accounts

The company says an unnamed third-party provider was compromised. Trading has resumed, and Polymarket says affected traders will be made whole.

Kate Knibbs

The MacBook Air Drops to Its Lowest Price Since June for Prime Day

At $1,099, the MacBook Air is $200 off its retail price for Prime Day, its lowest price in months.

Luke Larsen

Meta’s Ad Sales Are Suffering Now That Europeans Can Pick Less Personalization

An earnings briefing on Wednesday revealed ad revenue has slowed since the European Union introduced the Less-Personalized Ads model at the beginning of this year.

Isabella Ward

The Atlantic’s Near-Record Hurricane Drought Is About to End

Tropical Storm Isaias is set to become the basin’s first hurricane of the season, bringing life-threatening rain and storm surge to the Gulf Coast.

Brian Kahn

Rural Data Centers Are in for a Big Federal Tax Break

Under the One Big Beautiful Bill Act, data center projects in rural areas could be eligible for major tax benefits starting next year. Some hyperscalers do not seem eager to take the free cash.

Molly Taft

Why Anthropic’s IPO Prospectus Is Missing So Many Key Figures

Anthropic’s S-1 filing is hundreds of pages long—and it leaves out quite a few financial details. “Anthropic owes investors more information,” one analyst tells WIRED.

Lauren Goode

Amazon Says It’s No Longer Using NDAs for Data Centers

The company announced it has stopped using secret agreements with county officials and acknowledged that community backlash is leading to data center moratoriums across the country.

Molly Taft

Over $600 Million in Polymarket Election Trades Took Place After Races Ended

Contracts tied to elections in Ethiopia and Romania saw massive trading volumes after the outcomes were decided. “It’s obviously some form of volume manipulation,” one expert says.

Kate Knibbs

America’s Hybrid Hype Has Hit the Used Market

Demand is so high that some used cars are selling for more than new ones.

Aarian Marshall

A Prediction Market About the Past? Sure, Why Not!

As prediction markets surge in popularity, a new platform called Verifact Markets is pushing the concept even further, letting users trade on “disputed facts.”

Kate Knibbs

Trump Administration Cuts Off Access to a Major Immigration Program for Workers at Microsoft and Adobe

“There has been no company in the United States, unfortunately, that has abused this system more than Microsoft,” Vice President JD Vance said on Thursday.

Kate Taylor

Mistral Says Its New AI Model ‘Le Chonk’ Is the Best Open-Weight Offering Outside of China

With the release of its new trillion-parameter model, Mistral is hoping to demonstrate it’s “still in the race” to build frontier-level artificial intelligence.

Joel Khalili