Love him or hate him, President Donald Trump’s time in the White House has historically correlated with strong stock market returns. In fact, the benchmark S&P 500 Index (^GSPC +0.31%) is up more than 39% since its takeover in late 2024, showing widespread optimism among many on Wall Street. So far, enthusiasm for his pro-business … Read more
NASA announced that its new PROMISE rover will launch aboard a Blue Origin lander and reach the Moon’s south pole in late 2028. NASA announced Saturday that Elon Musk’s SpaceX, Jeff Bezos’ Blue Origin and six other aerospace companies are eligible to compete for up to $10 billion in lunar delivery contracts as the agency … Read more
Labubu sales are falling. Is the madness over? bbc
A memo that circulated earlier this year claimed that technology executive Alice Huang was recruited by China’s Ministry of State Security to spy on Nvidia CEO Jensen Huang, according to multiple media reports. The New York Times, which had previously said that Nvidia’s CEO had been targeted by Chinese intelligence, was the first to report … Read more
The tumultuous midterm election week on Wall Street began with a celebration among investors. On Wednesday, stocks soared after Democrats swept both chambers of Congress. The Dow (^DJI) rose more than 1,500 points. The S&P 500 (^GSPC) rose almost 2%. And in less than 24 hours, stocks reversed course and plunged Thursday as Wall Street … Read more
Apothecary Pharma is recalling compound vials of tirzepatide distributed nationwide due to sterility concerns. Ashley Webster reports on the FDA’s classification of the recall and the North Carolina company’s production practices. The U.S. Consumer Product Safety Commission (CPSC) is recalling more than 3.6 million Little Giant ladders after receiving dozens of reports of injuries, including … Read more
Planet Flem/Digital Vision Vectors//Getty Images For stories on the science of healthy living, subscribe to NPR’s Health newsletter. An experimental drug that doctors hoped would be the next big breakthrough in preventing heart attacks and strokes has failed a crucial test, researchers reported Saturday. The drug, which reduces levels of a blood particle associated with … Read more
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday night in your inbox.) Berkshire shares rise as Wall Street swoons amid artificial intelligence fears. Berkshire Hathaway shares strongly outperformed the S&P 500 index this week as … Read more
Police in Oakland, California, are investigating the theft of six pallets of NVIDIA hardware worth $11.4 million that were destined for Fort Worth, Texas, Bay Area News Group reports. A truck bearing the logo of a food transportation company picked up cargo in Oakland on Aug. 29 as scheduled, but the truck and its drivers … Read more
Why investors are dumping shares of AI companies after Democrats’ election victory The Washington PostOpinion | Tech stocks got hammered. Is the economy next? The New York Times US Tech Stocks Fall: Is the AI Bubble Bursting? The Guardian’s Jim Cramer says the AI selloff isn’t over, but it’s not another CNBCI dotcom bust. Has … Read more