Press Digest: Wall Street Journal - October 8

Oracle

08/10/2026 05:49

Oct 8 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- Oracle ORCL.N, Broadcom AVGO.O and SpaceX SPCX.O are pursuing major financing deals for AI hardware, with Apollo APO.N, Blackstone BX.N and Goldman Sachs GS.N among lenders discussing transactions potentially worth tens of billions of dollars each.

- Three fired OpenAI employees called on the company to work with outside safety auditors and to preserve the ability to monitor increasingly sophisticated AI models as it grapples with how to best manage the novel risks of its technology.

- Cryptocurrency firm Ripple is expanding into Wall Street by providing swap financing to leveraged exchange-traded funds, entering a profitable business traditionally dominated by large banks.

- House Democratic leader Hakeem Jeffries said his party would seek to reverse healthcare spending cuts and challenge President Donald Trump's tariff and Iran policies if Democrats win control of the chamber.

- Newly installed CDC Director Erica Schwartz said she wants to reduce paternalism at the U.S. public-health agency, explain its recommendations more clearly and listen more closely to Americans' concerns.
 
 

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))