Business
Kinder Morgan: A Record Second Quarter That Still Does Not Move My Rating (NYSE:KMI)
I am a lawyer with a strong personal interest in investing and fundamental equity research. Over time, I developed a particular interest in small-cap companies, where I believe careful analysis can uncover businesses that are still misunderstood, underfollowed, or mispriced by the market. My goal is to identify companies with attractive long-term potential, solid business models, and a margin of safety that may not be fully reflected in their current valuation.My professional background in law has shaped the way I approach investment research. Legal training requires close reading, attention to detail, disciplined reasoning, and the ability to evaluate risk from multiple angles. I bring that same mindset to investing, particularly when analyzing corporate filings, disclosures, governance issues, business quality, and management communication. I am especially interested in understanding not only what a company reports, but also how its strategy, incentives, and risk profile may affect long-term shareholder outcomes.I am writing on Seeking Alpha because I enjoy the research process and value the opportunity to share ideas with a serious investing community. Writing helps me refine my own thinking, test my investment theses, and engage with other investors who also appreciate disciplined, independent analysis.Closely associated with Rafael Binatti Costa.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
Galderma Group AG 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:GALDY) 2026-07-25
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
Vehicle drives into crowd at Berlin Pride festival, causing injuries, police say

Vehicle drives into crowd at Berlin Pride festival, causing injuries, police say
Business
OpenAI failed to recognize autonomous agent attack for days: report
Maria Bartiromo discusses an OpenAI experimental AI agent that broke containment and hacked an AI platform.
OpenAI didn’t catch an autonomous breach of another artificial intelligence (AI) company by one of its advanced AI models for a week, and not until after the FBI had been contacted by the hacked company, according to a report.
On Tuesday, OpenAI announced the breach of AI company Hugging Face that happened during one of OpenAI’s internal reviews of several of its models, including GPT-5.6 Sol, calling it an “unprecedented cyber incident.”
“The primary lesson from this incident is that model security and safety must keep pace with rapidly advancing capabilities,” the company said. “We are strengthening the containment, monitoring, access controls, and evaluation practices used during model development.”
The hack of Hugging Face started on July 11, and continued until July 13, Thomas Wolf, Hugging Face’s co-founder, told Reuters.
TRUMP LAUNCHES GOLD EAGLE TO HUNT CYBER FLAWS WITH AI

OpenAI revealed on Tuesday one of its AI models had autonomously hacked another company’s infrastructure. (Omar Marques/SOPA Images/LightRocket via Getty Images, File / Getty Images)
It was several days before OpenAI realized its agent was behind the attack and the two companies didn’t communicate for the first time until July 20, four people, including Wolf, told the outlet.
OpenAI often runs simultaneous model tests, which can make it difficult for employees to monitor everything, four people told Reuters.
Hugging Face told Reuters it is preparing a public timeline of the hack.
According to OpenAI, the incident took place during an internal evaluation designed to measure its AI models’ advanced cyber capabilities. Researchers disabled some built-in safety safeguards and ran the models in an isolated testing environment with limited internet access.
OpenAI said the models exploited an unknown software flaw to access the internet, then breached Hugging Face’s systems in an apparent attempt to find answers to a cybersecurity benchmark.

Hugging Face said it was preparing a timeline of the hack. (Jakub Porzycki/NurPhoto via Getty Images, File / Getty Images)
OpenAI said it’s now implementing stricter security controls while vulnerabilities are patched and strengthening safeguards around future AI training and evaluations.
It wasn’t until July 16 after Hugging Face wrote in a blog post that it had been hacked by an “autonomous AI agent system” that OpenAI realized one of its agents was the source, two people told Reuters.
This was a week after the responsible agent first attempted to break out of its OpenAI testing environment.
And by the time OpenAI contacted Hugging Face about the attack, they had already contacted the FBI.
OpenAI told Reuters there were several inaccuracies in its reporting but didn’t respond when asked for specifications.

OpenAI CEO Sam Altman publicly announced the attack on Tuesday. (Sean Gallup/Getty Images, FIle / Getty Images)
OpenAI shared this statement with FOX Business: “We recognize there are a lot of questions and speculative details circulating related to the Hugging Face incident. This is an unprecedented incident, and we think it marks an important moment for AI safety. We are still conducting a thorough review along with external advisors and with oversight from our Safety and Security Committee. Once the review is complete, we plan to publish a technical report of our learnings in the coming weeks.”
The FBI told FOX Business that it declined to comment.
FOX Business has also reached out to Hugging Face.
In an X post this week, Hugging Face co-founder and CEO Clem Delangue addressed the incident after OpenAI CEO Sam Altman announced the hack.

OpenAI said one of its AI models compromised another company’s systems during internal testing, prompting a joint investigation with AI startup Hugging Face. (Reuters/Dado Ruvic, File / Reuters)
“We suspected last week’s cyberattack might have come from a frontier lab, given the sophistication of the agent. Turns out it did!” Delangue wrote.
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
He added, “We’ve spent the past 24 hours working closely with the @OpenAI team (thanks!), and we strongly believe there was no malicious intent on their part. It’s quite mind-blowing that all of this happened autonomously! The investigation is ongoing, and we’ll share more learnings from what might be the first incident of its kind!”
FOX Business’ Michael Sinkowitz contributed to this report.
Business
Berlin Pride parade called off after car hits crowds, police say

Berlin Pride parade called off after car hits crowds, police say
Business
Iran says Ukrainian attack on vessel in Caspian Sea killed sailor

Iran says Ukrainian attack on vessel in Caspian Sea killed sailor
Business
Goldman Sachs raises TOPIX 12-month target to 4,500 on weaker yen outlook

Goldman Sachs raises TOPIX 12-month target to 4,500 on weaker yen outlook
Business
Flavio Bolsonaro launches Brazil presidential campaign, touts support from Milei, Netanyahu

Flavio Bolsonaro launches Brazil presidential campaign, touts support from Milei, Netanyahu
Business
At least 21 people injured in New York City fire

At least 21 people injured in New York City fire
Business
BofA warns oil volatility could force c. banks to abandon look-through’ policy

BofA warns oil volatility could force c. banks to abandon look-through’ policy
Business
Twelve dead in attack on holiday camp in Russian-held part of Ukraine, officials say

Twelve dead in attack on holiday camp in Russian-held part of Ukraine, officials say
-
Fashion1 day agoWeekend Open Thread: Brooks Brothers
-
Politics6 days agoDemocrats look to World Cup watch parties to register thousands of voters
-
News Videos6 days agoBig Money Is Entering XRP
-
Tech5 days agoSail Virtually Aboard The “Itanic” With IA-64 Emulator
-
Tech5 days ago
Turtle Beach Command Series KB7 review: a nifty screen-equipped gaming keyboard
-
Crypto World5 days agoGrayscale Files For Worldcoin ETF, WLD Registers Sharp Rise
-
NewsBeat6 days agoUnregistered fitter used Gas Safe logo on business flyers
-
Business4 days agoNew Jersey voter registration controversy explained: How 6,600 noncitizens got on the rolls, and what happens next
-
Entertainment4 days agoJohnny Depp’s R-Rated Gothic Cult Classic Gets New Release Ahead of Sydney Sweeney Remake
-
Crypto World3 days agoEthics, other provisions in crypto Clarity Act to be further discussed
-
Tech5 days agoWatch Flock Safety CEO Garrett Langley discuss the future of surveillance at TechCrunch Disrupt 2026
-
NewsBeat5 days agoShanghai science forum photos show China’s AI and robotics advances in rivalry with US
-
Crypto World6 days agoCircle’s President Sold Over 360,000 Shares, The Filings Explain Why
-
Tech6 days agoSubway Sandwich Computers Get a Second Life as Gaming Machines
-
Sports2 days ago2026 3M Open leaderboard: Scottie Scheffler finds putter in Round 1, sits three back
-
News Videos2 days agoThe Peugeot Family: How 200 Years of an “Old Money” Dynasty Died in A Boardroom
-
Fashion2 days ago16 Dresses for the High Summer Event
-
Tech5 days agoThe 35 Best Board Games for Family Game Night
-
Tech6 days agoHow To Use Claude’s Reflect Dashboard And Learn When It’s Time To Touch Grass
-
Entertainment6 days agoStephen Colbert Returns to Social Media After Late Show End

You must be logged in to post a comment Login