AP Top Business News at 2:17 p.m. EDT

Major oil companies reap massive profits as US and Iran fighting drives energy prices higherAnthropic says its AI models hacked 3 organizations during testingNew York sues prediction market platform Kalshi alleging 'illegal gambling operation'US stocks swing as Amazon leaps, Apple sinks and rising oil prices add to worries about inflationRegulators propose overhaul to law governing how banks lend to low-and-middle income communitiesSocial media companies sued over deaths of four teens as pressure, lawsuits over child safety mountAmazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsEU to crack down on AI deepfakes, illicit imagery and hacking with new team in BrusselsUkraine hits more outlets of Russia's largest online marketplace to bring the war homeIm