Megaspeed Probe Shifted to DOJ After Nvidia Intervention, NYT Says
A Commerce inquiry into suspected Megaspeed chip diversion stopped after Nvidia contacted officials, before the case moved to Justice, the NYT reports.
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California Rejects 5% Billionaire Wealth Tax, DDHQ Projects
Decision Desk HQ projects the defeat of California’s one-time 5% billionaire wealth tax, which would have directed most proceeds to healthcare.
Charles Schwab Opens Solana, Avalanche and Chainlink Trading
Charles Schwab adds SOL, AVAX and LINK to its crypto accounts, expanding beyond Bitcoin and Ether. External transfers for the new tokens remain unavailable.
Coinbase Wins Final OCC Approval for US Trust Bank
Coinbase’s national trust bank charter became effective November 6, bringing institutional crypto custody under federal supervision after April’s conditional approval.
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CSN Strikes $2.3 Billion Cement Sale With China’s Huaxin
CSN agrees to sell its Brazilian cement business to Huaxin at a $2.3 billion enterprise value, with an estimated $1.64 billion equity payment and approvals still...
Moderna Stock Rises as Sales Outlook Improves and GSK Dispute Ends
Moderna raises its 2026 sales-growth forecast to 15%–25% after a profitable third quarter and discloses a GSK patent settlement with no payments for cross-licenses.
Alphabet Discloses $548 Million Qualcomm Stake Amid AI Chip Push
Alphabet disclosed nearly 3 million Qualcomm shares as the chipmaker targets data-center growth to counter a sharp decline in smartphone chip sales.
Musk Predicts 100-Fold Starlink Capacity Jump and Pitches AI in Space
Elon Musk forecasts a 100-fold increase in Starlink capacity, cheaper orbital launches and more productive robots as he makes the case for AI computing in space.
Berkshire Steps Up Buybacks to $9.6 Billion as Operating Profit Falls
Berkshire Hathaway bought back $9.6 billion of stock in Q3 as operating earnings fell 5.8% to $12.71 billion, with weaker insurance results offsetting gains elsewhere.
US Approved Nvidia H200 Access for Firms With Empty Offices, NYT Says
A New York Times investigation links approved Nvidia H200 handlers in China to vacant offices and restricted groups, raising questions about export screening.
GTA VI Launch Day Draws 20% More Leave Requests Than Usual
GTA VI launch-day leave requests are running 20% above usual levels in UKG data, while one employer is giving staff extra time off and copies of...
TSMC Weighs 3D DRAM Production at Nvidia’s Request, Report Says
TSMC is reportedly exploring 3D DRAM production at Nvidia’s request, as AI memory shortages put supply security and manufacturing returns in focus.
Tesla and SpaceX Stocks Rebound After Post-Election Selloff
Tesla rises 5.0% and SpaceX 6.3% in Friday trading after steep losses, as investors weigh launch reforms, Texas data center rules and expansion plans.