Month: November 2025
California voters approve new U.S. House map to boost Democrats in 2026
California voters approved new congressional district boundaries Tuesday, delivering a victory for Democrats in the state-by-state redistricting battle that will help determine which party wins control of the U.S. House in 2026 and, with it, the power to thwart or advance President Donald Trump’s agenda. The approval of Proposition 50 gives Democrats a shot at […]
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Democrats make clean sweep in three biggest U.S. elections on Tuesday night
Zohran Mamdani, Democratic candidate for mayor speaks during a press conference celebrating his primary victory with leaders and members of the city’s labor unions on July 2, 2025 in New York. Angela Weiss | Afp | Getty Images Democrats made a clean sweep in the three biggest contested elections in the United States on Tuesday […]
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Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups
Co-founder and CEO of Nvidia Jensen Huang spoke to journalists during a trip to Beijing in July. Picture Alliance | Picture Alliance | Getty Images Nvidia will help train and mentor emerging deep tech startups in India as a founding member of a $2 billion investment alliance, deepening its presence in the world’s third-largest startup […]
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SoftBank shares plunge 10% as Asian AI-linked stocks slide on valuation jitters
A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty Images Shares of Asian AI-linked companies and tech firms fell Wednesday, tracking declines in U.S. peers, as investors turned wary of stretched valuations in the market’s […]
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CNBC Daily Open: Beware the tunnel vision on AI stocks
Yusuf Mehdi, executive vice president and consumer chief marketing officer at Microsoft, speaks at a company briefing in Redmond, Wash., on May 20, 2024. Microsoft unveiled a new category of PC that features generative artificial intelligence tools built into Windows, the company’s world-leading operating system. Jason Redmond | AFP | Getty Images The euphoria around […]
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Democrats in key races benefited from voters who don’t like either party: NBC exit poll
Voters cast their ballots at a polling station at the Ida Lee Recreation Center in Leesburg, Virginia, US, on Tuesday, Nov. 4, 2025. Graeme Sloan | Bloomberg | Getty Images In Virginia’s closely watched gubernatorial race, Democrats appear to have benefited from a small but decisive bloc of voters who harbor unfavorable views of both […]
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More private equity funds than McDonald’s: PE giants forecast industry consolidation
Joe Bae, co-chief executive officer of KKR & Co., during the Global Financial Leaders’ Investment Summit in Hong Kong, China, on Tuesday, Nov. 4, 2025. Bloomberg | Getty Images Private equity fund managers are bracing for a wave of consolidation as investors demand higher returns and stronger governance, forcing a shakeout in an overcrowded industry, […]
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Asia-Pacific markets fall, tracking Wall Street declines on AI valuation concerns
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia Pacific markets fell Wednesday, mirroring losses on Wall Street, which was pressured by declines in artificial intelligence-related names like Palantir. Australia’s S&P/ASX 200 started the day down 0.19%. Japan’s […]
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Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says
CNBC’s Jim Cramer suggested Wall Street is too fixated the on large valuations of certain tech and speculative stocks, chalking up Tuesday’s market-wide decline in part to Palantir‘s nearly 8% loss despite strong earnings results. “The larger issue is that we’re at the moment where money managers, when asked if the market’s too expensive, immediately […]
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Bitcoin retail investor at ‘max desperation,’ says Bitwise CIO, but crypto winter not coming
Crypto World Bitcoin retail investor at ‘max desperation,’ says Bitwise CIO, but crypto winter not coming Published Tue, Nov 4 20257:07 PM ESTUpdated 13 Min Ago Krysta Escobar WATCH LIVE Source
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