U.S. News
Cerebras surges 17% 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.
Alice Huang tied to Nvidia’s biggest Chinese competitor
The woman with whom Jensen Huang reportedly had a relationship also owned stakes in companies that provided computing power to Huawei, a key Nvidia competitor.
Nvidia: Ex-prosecutor Joon Kim and Wachtell, Lipton bring big track record to investigation
The retention of Wachtell, Lipton for the Nvidia probe comes on the heels of the law firm’s investigation for the NBA into the Los Angeles Clippers.
In a policy switch, the Fed says its October 2027 meeting will not see a vote on interest rates
There will be seven voting meetings next year, with the October session set up as extra time for policy deliberation without a formal vote or post-meeting statement.
Jensen Huang’s exit from Nvidia raises critical questions about the future of AI
Nvidia CEO Jensen Huang has been a singular figure in the development of the AI industry, which suddenly has to survive without him.
Bain Capital’s head of real estate uses this strategy to counter the economy’s ‘cocktail of disruption’
Ryan Cotton, Bain Capital’s head of real estate, sits for an interview with the Property Play video podcast.
Trump trade chief Greer speaks with ‘Squawk Box’ as tariff threats rise
Trump’s tariffs, which have ignited trade wars with multiple U.S. economic partners, will likely be a top target for Democrats once they take control of Congress.
Nebius falls 16% as company expects increased 2026 capex spend, issues weak outlook
Nebius’ earnings report comes after fellow neoclouds IREN and CoreWeave showed better-than-expected results in the past week.
Scott Colom wins Mississippi Senate election over incumbent Republican Hyde-Smith
Scott Colom will be the first Democrat elected to the Senate from the state since 1982, and Mississippi’s first Black senator since Reconstruction.
Jensen Huang affair in DC: Resignation calls and moves to tighten Nvidia China exports
Huang was notably opposed to strict export controls on AI chips to China, which ruffled feathers with congressional China hawks.
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