A sweeping Nvidia GPU smuggling scheme to China has sparked urgent calls in Washington for tougher chip-tracking laws and a unified national AI policy amid growing warnings that Beijing is rapidly closing the technology gap with the United States.
Sen. Rand Paul (R-Ky.) slammed the Republican Party for abandoning the fiscal discipline it once championed, while accusing his colleagues of embracing massive governmental deficits and greenlighting spending levels they previously opposed.
New Fortress Energy shares surged over 20% in after-hours trading on Thursday following a credit facility amendment, but the company faces default risks and a Fitch downgrade.
GEO sits inside a corner of the economy most investors never see, built on long-term government contracts and policy-dependent demand. Here’s why that business model is drawing fresh institutional interest.
Martin Shkreli, former hedge fund manager known as Pharma Bro, scolded finance personalities for not understanding accounting and defending Nvidia's Q3 performance, which saw record revenue of $57.0B. He has previously argued that the company is undervalued and backed their investment in OpenAI. NVDA stock finished down 3.15% but has gained 23.82% in the last year.
Two key reasons for Thursday's market reversal were increased concern that the Federal Reserve would not cut interest rates in December and jitters about an AI bubble not fully extinguished by Nvidia's earnings report.
Japanese data shows inflationary pressures are firm and that exports remain resilient despite tariffs. An upbeat flash purchasing manager’s index suggests the economy is on the recovery path.
Former IRS commissioners warn of potential issues for the upcoming filing season due to funding lapses and staffing losses. Shutdown could cause disaster for taxpayers and preparers.
In this video, Ira Epstein describes a tumultuous day in the financial markets, highlighting the significant volatility experienced, particularly with NVIDIA, which saw a sharp decline after an initial rise.
Nvidia's stock slipped despite a blockbuster quarter as Dan Ives defended the company's long-term AI trajectory and dismissed bubble fears, while Ross Gerber warned the broader market correction and rate concerns—not Nvidia's fundamentals—were driving the sell-off.
President Donald Trump eliminated tariffs on certain Brazilian exports in a move aimed at tackling soaring grocery prices, amid progress on trade negotiations with the South American nation.
Leading cryptocurrencies fell further alongside stocks on Thursday, as stronger jobs data cast doubt on whether the Federal Reserve will deliver another rate cut in December.
This article compares cumulative private payroll-growth from Bureau of Labor Statistics (CES) and ADP data, highlighting diverging trajectories and the impact of upcoming revisions on understanding employment trends.
India's Reliance Industries said it would stop processing Russian oil at part of its giant Jamnagar oil refinery as US sanctions force the company to shy away from dealings with Moscow, Bloomberg reported.
Gold price (XAU/USD) holds steady near $4,080 during the early Asian session on Friday. The upside for the precious metal might be limited as strong US jobs data dims Federal Reserve rate cut expectations
Vanguard's VOO and SPDR's SPY are two of the largest index funds on the market. Here's what you need to know about their differences and common traits -- and which one you should pick.
Today was a Treasury settlement day—not a large one at $18 billion, but given how much cash has already been taken out this month, each additional settlement appears to compound the pressure.
VIX shot up higher. The Dollar chopped around and closed exactly where it had been last night. Bitcoin continues to get sold, and is on the kind of support I call the threshold of the House of Pain.
Curious about the Vanguard Total World Stock Index Fund ETF? Join us as we break down its strengths and weaknesses, and find out why it received a solid rating from our experts.
We discuss the growing fragility beneath today’s markets: from the AI mania and shadow-banking risks in private credit to the K-shaped economy and rising pressure on both households and asset prices.
President Donald Trump has higher approval ratings in a new poll, rebounding from record lows during the government shutdown. The stock market isn't showing the same boost.
