U.S. News
SpaceX launches Starship in key test flight of massive rocket
The test flight is SpaceX’s first attempt to catch both the Super Heavy booster and upper stage spacecraft of the rocket at its launch site in Starbase, Texas.
AI risks are the biggest threat to the financial system, Fed survey finds
The report comes with Wall Street on edge over high-flying AI hyperscalers, while communities are on alert for the rapid spread of data centers.
Supreme Court agrees to hear Robinhood challenge to IPO information omission lawsuit
The Trump administration had urged the Supreme Court to hear an appeal by Robinhood of a lower-court’s decision to revive an investors’ lawsuit over the IPO.
Chicago Fed’s Goolsbee says central bank ‘has definitely got work to do’ on inflation
The policymaker expressed concern about the latest inflation data, telling CNBC that the central bank likely will need to take action.
Wholesale prices rose 0.3% in October, putting annual rate at 6.5%, the highest in nearly four years
The producer price index was expected to increase 0.4% in October, according to the Dow Jones consensus.
Apple, Alphabet and Uber survived major founder transitions. Nvidia will be a harder test
Like Apple, Nvidia now faces its own transition away from a founder-led company. But experts say Jensen Huang’s central role could make replacing him difficult.
NHL’s next TV deal will test the league’s strength while media companies prepare for NFL rights increase
How do the world’s biggest media companies judge the value of non-NFL rights? The NHL is giving us our first window into a new era in media values.
Nvidia closes below $4T market cap for first time since July 2025 in Huang fallout
Jensen Huang resigned as CEO of Nvidia on Thursday after coming under scrutiny for two extramarital affairs.
Nvidia stock suffers longest weekly losing streak since 2012 as market value sinks by $1.7 trillion
Jensen Huang’s resignation added to Nvidia’s market woes, with the stock already in a downward slide since early October.
Cerebras pops after beating on quarterly revenue and announcing Microsoft deal
Cerebras announced a new deal with Microsoft after partnering with major cloud providers Amazon and Oracle.
Cisco beats on earnings, says AI infrastructure revenue will double this fiscal year
Cisco is trying to become a bigger player in AI after missing out on the early years of the boom.
Stocks could be in for a rude awakening if the Fed hikes rates more than expected
“The Fed is the real risk going out in the intermediate term,” one strategist said.
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