US Believes Nvidia’s Huang Had Romantic Ties to Alleged Spy, FT Says
The FT reports that US officials believe Jensen Huang had a romantic relationship with an alleged Chinese spy, as lawmakers seek answers and Nvidia defends its customer contacts.
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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.
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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.
ING Seeks Buyers for $500 Million in AI Data Center Loans
ING is reportedly auctioning 12 data-center loans worth about $500 million, including Stargate-linked debt, as construction and AI credit risks rise.
Treasury Yields Rise as Strong Jobs Report Lifts December Hike Bets
Treasury yields rise after October payrolls beat forecasts, with the 10-year near 4.88% and traders raising the odds of a December Fed rate increase.
AppLovin Q3 Revenue Jumps 55% as Q4 Forecast Nears $2.4 Billion
AppLovin reports record Q3 revenue and profit, forecasts Q4 sales near $2.4 billion and expands buybacks after its shares rally 31% on Thursday.
World’s 500 Richest Lose $185 Billion as Tech Stocks Plunge
Musk lost $79.7 billion, Dell $19.4 billion and Huang $15.1 billion as the world’s 500 richest suffered their 14th-largest daily wealth decline.
Tesla to Wind Down Texas Cybertruck Production for Cybercab in 2027
Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to expand Cybercab output, Elon Musk says.
Lyft Stock Falls After Q3 Revenue Miss Despite EBITDA Beat
Lyft misses Q3 revenue estimates but beats on adjusted EBITDA, while planning a larger Waymo robotaxi fleet in Nashville by year-end.