Investors are now discussing a listing as low as $1TN after Thursday's 6.4% Nasdaq drop, three told the Journal it needs cutting by $500BN, and the roadshow is still set for next week.

Microsoft says a Cambodia-based crew has run ARTEX, an open-source agentic attack framework, against financial firms since October - scanning, exploiting and dumping databases at machine speed - while Censys counts 1,465 ARTEX consoles exposed on the public internet.

The Times found the Commerce Department approving Chinese firms with ties to blacklisted companies to handle Nvidia's H200s, including one whose registered address was an empty office - the vetting export control depends on, done by neither Commerce nor Nvidia.