Nvidia’s Jensen Huang Says AI Stock Selloff Will Pass
Jensen Huang says the AI stock selloff will pass, pointing to long-term adoption as investors scrutinize infrastructure spending and financing risks.
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Anthropic Offers Blackstone Over 10% Yield in $60 Billion Chip Financing
Anthropic reportedly offers Blackstone funds a yield above 10% on $9 billion of junior chip debt within a proposed $60 billion financing package.
Anthropic’s Jack Clark Says AI Could Lift US GDP to $44 Trillion
Anthropic cofounder Jack Clark says AI could lift US GDP to $44 trillion by 2030, an extreme scenario that also raises questions about jobs and global...
Taiwan’s 62% Stock Rally Spurs Fund Managers to Quit
Taiwan’s stock boom is drawing fund managers toward private trading firms, as personal-investment restrictions put talent retention under pressure.
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Circle Stock Rebounds 9.3%, With USDC Expansion in Focus
Circle shares closed 9.33% higher at $86.97 on October 15 as the USDC issuer builds its payments business ahead of November earnings.
Charles Schwab Opens Bitcoin and Ether Trading to Retail Clients
Schwab brings direct Bitcoin and ether trading to eligible retail clients across its $13.33 trillion platform, with 0.75% fees and phased wallet transfers.
HYBE Shares Jump 10% as BTS Tour Lifts Earnings Hopes
HYBE shares rally as analysts forecast concert-led revenue growth, with BTS touring and newer acts Katseye and Cortis putting profit margins in focus.
Paul Tudor Jones Plans to Short US Stocks Throughout 2027
Paul Tudor Jones plans to short US stocks in 2027, warning that AI share offerings, fiscal deficits and oil prices could challenge the bull market.
Amazon Expands AI Device Bet With Bee Frontier and Eclipse
Amazon’s new Bee devices combine AI conversation summaries with paid subscriptions, Alexa+ and shopping links, extending its consumer AI strategy.
Elon Musk Floats an Amazon Rival in AI Shopping Debate
Elon Musk suggests starting an Amazon competitor after a complaint about Grok shopping bots, without announcing a launch date or business plan.
Mastercard and BVNK Launch Global Money Platform
Mastercard and BVNK launch a platform connecting fiat accounts, stablecoins, cards and bank payouts, with Nuvei and Marqeta among the first integration partners.
Bitget Launches Jio Pre-IPO Futures With 20x Leverage
Bitget lists JIOUSDT pre-IPO perpetual futures with up to 20x leverage as Jio Platforms prepares its Indian share sale, with subscriptions opening October 21.
Over a Third of High Earners Say They Live Paycheck to Paycheck
Goldman Sachs finds 36.6% of respondents with household incomes above $500,000 report living paycheck to paycheck, a measure that includes difficulty saving.