CrowdStrike CEO George Kurtz says AI agent safety concerns are solvable through proper cybersecurity measures. "The model providers are focused on trying to build guardrails around how the model actually thinks," Kurtz said on CNBC. "But when you put it in production, you need to see what it actually does." Through offerings with Nvidia, CrowdStrike enforces safety protocols and traces AI actions. Kurtz added that companies don't need to slow AI ramp-ups, comparing it to racing: "You want to have the greatest amount of safety so you can go faster." He stressed cybersecurity is critical for the U.S. to maintain an edge over China in AI.
Demand for AI-related goods pushed U.S. imports higher, widening the trade deficit to $105.6 billion in August from a revised $92.8 billion in July, according to Oxford Economics. This is the largest deficit since March 2025, amid a trade war with Canada, which imposed retaliatory tariffs on about $20 billion of U.S. goods.
CGI's job postings declined 25% year-over-year, worsening from an 8% drop last quarter, according to RBC analyst Paul Treiber. This underperformed the broader IT services market, where postings rose 14%, suggesting pressure on near-term organic growth.
ASML Holding's revenue and EPS should grow more than expected, Bank of America analysts wrote, raising 2028 revenue forecasts to 76.5 billion euros from 70.4 billion euros and EPS to 85.2 euros from 75.4 euros. They raised the price objective to 2,557 euros from 2,452 euros. High memory costs may hit smartphone makers' 2H earnings, HSBC analysts noted, as contract price increases take time to transmit.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing