Month: November 2025
Asia-Pacific markets fall, tracking Wall Street declines on tech losses and AI jitters
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets fell Tuesday, following a tech-led slide on Wall Street. Japan’s benchmark Nikkei 225 slid 0.92%, while the Topix declined 0.6%. South Korea’s Kospi was 0.64% lower while the small-cap Kosdaq slid 0.58%. Futures […]
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Arm custom chips get a boost with Nvidia partnership
Jensen Huang, CEO of Nvidia, reacts during the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 31, 2025. Kim Soo-hyeon | Reuters Arm on Monday said that central processing units based on its technology will be able to integrate with AI chips using Nvidia’s NVLink Fusion technology. The move will make […]
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Fed Governor Waller backs December rate cut as support for weakening labor market
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the Council on Foreign Relations in New York, US, on Thursday, Oct. 16, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Monday voiced support for another interest rate cut at […]
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Senate Republican pitches swapping enhanced ACA tax credits with health savings accounts
Sen. Bill Cassidy on Monday proposed replacing enhanced Affordable Care Act premium tax credits with pre-paid health savings accounts. The Louisiana Republican’s proposal comes as lawmakers scramble to find a remedy for skyrocketing costs of Obamacare health insurance premiums. The boosted ACA tax credits, which this year have lowered the cost of Obamacare plans for […]
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Govini founder Eric Gillespie’s lawyer calls child sex chat ‘internet fantasy,’ not a crime
Govini founder Eric Gillespie urged a person whom he believed to be a dad offering his 10-year-old daughter to be sexually abused to use encrypted chat platforms, a Pennsylvania criminal complaint alleges. “Signal is safer for er small talk,” Gillespie wrote to the purported father, who was actually an undercover law-enforcement agent, according to a […]
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Dell, HPE shares sink after Morgan Stanley downgrades — computer hardware stocks also hit
Igor Golovnov | Lightrocket | Getty Images Data center stocks took a major hit on Monday after Morgan Stanley downgraded seven hardware companies, including Dell and Hewlett Packard Enterprise. The bank double-downgraded Dell from overweight to underweight and downgraded HPE from overweight to equal weight. Dell and HPE closed down 8% and 7%, respectively. HP […]
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We don’t have high hopes for this tech stock, but we’re thrilled with this bank
Two portfolio stocks are making news Monday — one in enterprise software and the other in banking. Earnings preview : Bank of America lowered its price target on Salesforce to $305 per share from $325 ahead of quarterly earnings next month. The analysts, who kept a buy rating on shares, cited cheaper multiples across software peers, […]
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Buffett’s Google bet comes 2 decades after billionaire investor ‘inspired’ search giant’s IPO
Key Points Warren Buffett’s Berkshire Hathaway revealed late Friday that it owns a $4.3 billion stake in Google parent Alphabet as of the end of the third quarter. Alphabet shares rallied on Monday and are now up about 50% this year, driven in part by the artificial intelligence boom. Berkshire’s rare bet on a big […]
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Acting head of FEMA leaves after short and troubled tenure
Acting Administrator of the Federal Emergency Management Agency (FEMA) David Richardson testifies before the House Committee on Transportation and Infrastructure Subcommittee on Economic Development, Public Buildings, and Emergency Management in the Rayburn House Office Building on July 23, 2025 in Washington, DC. Kevin Dietsch | Getty Images David Richardson, the acting head of the Federal […]
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AI industry-backed super PAC targets New York Democrat in opening shot of midterms
Assemblymember Alex Bores from Assembly District 73 speaks on the State Capitol Wednesday, May 29, 2025, in Albany New York. Kena Betancur | AP A bipartisan super PAC launched by a slew of artificial intelligence leaders has picked its first target: a Democratic congressional candidate who helped lead an effort to put safety measures on […]
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