White House on Iran: Trump's first choice has always been to address the issue through diplomatic means, but he is also prepared to use lethal force if necessary

February 24 — After one of its AI tools was linked to market volatility and sparked discussions about AI’s disruptive potential, AI startup Anthropic is expanding the reach of its Claude chatbot into new domains. On Tuesday, Anthropic rolled out a new AI tool for its Claude Cowork intelligent agent platform, designed to automate tasks in sectors like human resources, investment banking, and design. The company noted the tool was built in partnership with client firms. Scott White, product lead for Anthropic’s Claude AI model, said the company aims to close the gap between using AI for work-related queries and the tools teams rely on to complete actual work. He added that tying market performance to a single product launch was “a bit of an overinterpretation or overreaction,” and emphasized the model is driving growth for enterprise clients. (Jinse)

**Breaking News: Citron Calls SanDisk Overvalued, Cites Memory Cycle Peak Risks** Feb 24 – Noted short seller Citron released a report labeling SanDisk overvalued, drawing a contrast to NVIDIA: while NVIDIA has a competitive moat, SanDisk sells commoditized products. Days prior, Western Digital dumped a large stake at a 25% discount to market value—signaling veteran investors see the memory chip cycle peaking. Historical data shows memory market cycles peaked in 2008, 2012, and 2018; Citron argues SanDisk will not be an exception. Samsung, which has prioritized market share over margins for 30 years, is now pushing high-end SSDs directly to SanDisk’s key clients, pledging gross margins won’t fall below 50%. Citron dismisses SanDisk’s current supply crunch as a temporary capacity bottleneck—a “scarcity illusion” that could vanish at any point in an earnings call. The firm stresses shorting SanDisk is a pre-cycle-adjustment positioning play: by the time the memory market norm

On February 24, official sources confirm the Arbitrum Foundation has announced increased support for top application teams building on Arbitrum’s chains—including Arbitrum One and the Robinhood Chain. The foundation today launched applications for its mentorship program, a highly selective initiative supporting up to 15 teams. The application deadline is April 7, 2026, with the program set to kick off on April 13, 2026. Selected teams will receive hands-on guidance on product launches, development, and growth strategies, plus direct ecosystem distribution support and connections to curated investors. The program aims to turn standout developer teams into groundbreaking success stories on Arbitrum.

February 24 (CoinDesk) — Kraken has announced it will launch what it’s calling the first regulated tokenized stock perpetual futures contract. Targeting eligible non-U.S. users in over 110 countries, the product will track digital versions of major U.S. stocks, indices and a gold ETF. It builds on Kraken’s December acquisition of the xStocks tokenized stock service.

Feb 24 (CoinDesk) — Meta (formerly Facebook) plans to re-enter the stablecoin market by late 2026, following the failure of its Diem stablecoin project.

February 24 — A Bank of America investigation has found the “AI Bubble” has become credit investors’ top concern for the first time. In the survey, 23% of investment-grade respondents named AI overvaluation their primary risk — up from 9% in December 2023 — and it now outranks traditional credit and trade-related worries. While the risk of AI-driven corporate obsolescence remains low (10%), investors have raised their forecast for bond issuances by large cloud computing firms to $285 billion in 2026. Fund inflows are expected to offset potential bond weakness, even amid AI-related market risks. Note: Credit investors are individuals or institutions specializing in debt instruments, primarily earning interest income from purchasing bonds, loans, or other fixed-income securities.