Why Trump's deal with Nvidia and AMD gives investors 'pause'

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Reuters
13 minutes ago
- Reuters
US approves potential sale of rocket system to Bahrain for $500 million
Aug 14 (Reuters) - The U.S. State Department has approved a potential sale of the M142 High Mobility Artillery Rocket System and related equipment to Bahrain for an estimated cost of $500 million, the Pentagon said on Thursday. The principal contractor for the sale is Lockheed Martin (LMT.N), opens new tab.

Finextra
an hour ago
- Finextra
Ryt Bank taps Episode Six to power cards infrastructure
Ryt Bank, the world's first AI-powered bank, today announced its partnership with Episode Six, a leading global technology provider of enterprise-grade card issuing and ledger infrastructure. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Through this partnership, Episode Six will serve as the technology powering all card transactions at Ryt Bank — enabling secure, scalable, and flexible banking for the next generation of Malaysians. Ryt Bank is built from the ground up with a digital-first approach. Led by YTL Digital Capital Sdn Bhd, with Sea Limited as a shareholder, the bank is rethinking how financial services should look and feel by blending innovation, simplicity, and trust. With Episode Six's advanced infrastructure, Ryt Bank can deliver instant card issuance, real-time authorizations and personalized spend controls. All within one seamless platform. Episode Six delivers the speed, flexibility, and control required to power a truly modern banking experience. More than just supporting card transactions, Episode Six's technology enables Ryt Bank to build around customers' evolving needs — making it possible to create seamless, future-ready financial solutions. Episode Six's platform enables full customization of card features, without the limitations of legacy systems. Already trusted in over 45 countries, the platform ensures that Ryt Bank can scale quickly while maintaining operational excellence. 'We're proud to be the technology powering Ryt Bank's cards infrastructure,' said John Mitchell, CEO and Co-Founder of Episode Six. 'Ryt Bank's bold vision aligns with our commitment to helping digital-first banks move faster, serve better, and lead confidently in a dynamic market.' This partnership also strengthens Episode Six's regional footprint in Southeast Asia as the company continues enabling digital financial institutions with the tools to deliver real-time, future-proof financial services.


The Independent
an hour ago
- The Independent
Carbonation bottles with ‘risk of explosion' recalled from multiple stores
Ap More than 100,000 Drinkmate 1-litre carbonation bottles are being recalled across the US and Canada due to fears they could explode during use. The US Consumer Product Safety Commission issued the recall for specific bottles sold between April 2023 and October 2024, identifiable by expiration dates from January 2026 to October 2026. Drinkmate has received eight reports of explosions in the US, with four incidents causing serious injuries including cuts, impact injuries, and hearing damage, while Canada reported one case of shattering. The affected bottles were sold through Drinkmate's website and major retailers such as Walmart, Amazon, Target, and Home Depot. Consumers are advised to immediately cease using the recalled products and contact Drinkmate for a free replacement, following specific instructions for disposal.