OpenAI said it is ending its collaboration with Cursor after Cursor's acquisition by SpaceX, with direct access to OpenAI's models for Cursor set to end on November 12, according to Sina Finance.

The company said it wants developers to broadly use its models, but it cannot guarantee that SpaceX will operate within OpenAI's service terms in its offerings due to past contract violations by several entities associated with Elon Musk. OpenAI noted that after Musk's acquisition of X, there were breaches of its contract terms related to X and other agreements.

Earlier this year, Musk testified under oath that xAI, now under SpaceX, had violated OpenAI's service terms, which were broadly similar to xAI's own terms.

HYPE spot ETFs registered a daily net inflow of $4.48 million on August 28, according to SoSoValue data.

ChainCatcher reports that the Bitwise Hyperliquid ETF (BHYP) was the sole fund to post a net inflow that day, also totaling $4.48 million, bringing BHYP's cumulative historical inflows to $154 million.

At the time of writing, HYPE spot ETFs held about $439 million in net assets, with a net asset ratio of 2.47%. Cumulative historical net inflows for HYPE ETFs have reached $344 million.

The Brewers' spread -1.5 option in Polymarket's Texas Rangers vs. Milwaukee Brewers market jumped to 90% from 50.5% within an hour, a 39.5-point advance.

ChainCatcher said the rapid move may reflect the impact of a sudden news event on trader sentiment.

In a Bloomberg Businessweek Daily interview, Affirm Holdings CEO Max Levchin described the company’s customers as financially healthy, paying on time, and continuing to shop.

Levchin also addressed Affirm’s latest earnings results, noting an improved revenue outlook and calling the quarter the most profitable on record. He pointed to recent partnerships and gains in e-commerce activity.

The Islamic Revolutionary Guard Corps Navy asserted that U.S. officials have misrepresented the status of the Strait of Hormuz, alleging attempts to influence oil prices and conceal policy shortcomings, a claim reported by Jiemian News.

The IRGC Navy said Tehran fully controls the strategic waterway and ordered that any vessel attempting to pass without Iranian coordination be blocked from transiting.

It said the measures will persist until U.S. military operations against Iran end and Washington fulfills its obligations.

Wallstreetcn reports that President Donald Trump said the United States had reached an oil deal with Venezuela and would secure a majority stake in the country’s proven oil reserves.

The report notes the reserves are described as exceeding 65 billion barrels in size.

The U.S. Department of Justice announced that Walmart has agreed to pay $50 million to resolve allegations that it illegally issued opioid prescriptions.

The company also signed a memorandum of agreement with the Drug Enforcement Administration to clarify its future obligations in dispensing controlled substances.

An economist at the Anderson Institute and a former deputy director of the Federal Reserve's monetary affairs division, James Clouse told Wallstreetcn that the market's reaction looked hawkish and that assessment is reasonable.

He added that Powell indicated there is still work to be done, but he did not address any timing for potential policy moves.

A report from Wallstreetcn quotes Fed Governor Kevin Warsh describing the September policy meeting as a pivotal moment in the central bank's effort to curb inflation.

He argued that price pressures have not shown meaningful easing, indicating inflation remains stubborn in the near term.

Warsh said that if inflation stays well above the 2% target, there would be little choice but to lift policy rates this year.

Bloomberg reports that U.S. employers are facing the steepest rises in health-plan premiums in roughly 15 years, with more firms moving away from traditional group insurance.

In 2026, over 20,000 companies adopted Health Reimbursement Arrangements (HRAs) as an alternative to providing direct medical benefits.