Jul 1, 1998 10:15 AM

Market Watch

A robust performance in Asia was boosting bourses today. By late morning, the Dow was up 64 and the Nasdaq was up almost 5. Asia: Tax-cut talk lifted the Nikkei 3.4 percent. The Hang Seng was closed for holiday.

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 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

Mistral Says Its AI Model ‘Le Chonk’ Has Leapfrogged China in the Open-Weight Race

The French AI lab claims its latest release matches or outperforms even the best models from DeepSeek and Z.ai in coding and cybersecurity.

Joel Khalili

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

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

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

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