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U.S. travel stocks fell as tensions escalated between the U.S. and Iran and oil prices surged. United Airlines fell 3.5%, Southwest Airlines fell 2.1%, Carnival Cruise Line fell 3.1%, Royal Caribbean Cruise Line fell 1.1%, Norwegian Cruise Line fell

2026-07-08

U.S. travel stocks fell as tensions escalated between the U.S. and Iran and oil prices surged. United Airlines fell 3.5%, Southwest Airlines fell 2.1%, Carnival Cruise Line fell 3.1%, Royal Caribbean Cruise Line fell 1.1%, Norwegian Cruise Line fell 1.9%, and Delta Air Lines fell 2.7%.

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2026-07-08

CNBC reported on the 7th that rising pricing from leading U.S. AI vendors is prompting rapid uptake of Chinese large AI models in U.S. enterprise deployments on cost grounds. Industry sources say top Chinese open-source and open-weight models lag fro

CNBC reported on the 7th that rising pricing from leading U.S. AI vendors is prompting rapid uptake of Chinese large AI models in U.S. enterprise deployments on cost grounds. Industry sources say top Chinese open-source and open-weight models lag frontier U.S. models (OpenAI, Anthropic) by roughly 6–9 months on performance but are priced about 60%–90% lower and cover most routine AI tasks. Aggregator OpenRouter data shows Chinese models have accounted for over 30% of tokens called by U.S. firms each week since Feb. 8, peaking at 46%; the prior The 12‑month token-share average was 11%.
2026-07-08

China's Ministry of Industry and Information Technology said its Network Security Threat and Vulnerability Database (NVDB) detected a backdoor vulnerability in AI coding tool Claude Code and characterized the risk as serious. Claude Code, developed b

China's Ministry of Industry and Information Technology said its Network Security Threat and Vulnerability Database (NVDB) detected a backdoor vulnerability in AI coding tool Claude Code and characterized the risk as serious. Claude Code, developed by US firm ANTHROPIC, can autonomously generate and repair code from text prompts. NVDB said the tool contains a built-in monitoring mechanism that can transmit sensitive data — including user location and identity markers — to remote servers without user consent. Affected versions: 2.1.91–2.1.196.
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