14 Nov
Nvidia scandal: Calls for Huang's return; pressure mounts on Lutnick
Following the resignation of Nvidia's CEO amidst espionage and export control scandals, political pressure intensifies on U.S. Commerce Secretary Howard Lutnick.
North America news
14 Nov
US: FAA grounds all flights nationwide
The Federal Aviation Administration (FAA) has ordered a nationwide ground stop for all departing flights due to "extraordinary circumstances" and communication issues.
13 Nov
Nvidia turmoil continues: US markets fall
US equity indices fell amid the ongoing Nvidia turmoil, while long-term Treasury yields rose following elevated producer price data.
13 Nov
OpenAI Launches Digital Wallet for AI Agents
The company introduced a service allowing AI agents to handle shopping and checkout processes on behalf of users.
13 Nov
Bessent blames Commerce Dept over delay in blacklisting Nvidia partner
The U.S. Treasury Secretary stated he supported blacklisting 'Megaspeed' for months to prevent Nvidia from exporting advanced chips to Beijing.
13 Nov
Nvidia Turmoil: Jensen Huang Resigns, Employees Demand Return
Following the CEO's dramatic resignation amid espionage probes and personal scandals, Nvidia employees are petitioning the board for his reinstatement.
13 Nov
Nvidia Turmoil: Congress to Investigate Jensen Huang's Resignation
Following the CEO's resignation over personal scandals, the U.S. Congress is set to launch an investigation into China-related chip sales.
13 Nov
Turmoil at Nvidia: CEO resigns
Following Jensen Huang's resignation amid personal scandals, the US Congress has launched an investigation into the chipmaker.
13 Nov
Turmoil at Nvidia: CEO Jensen Huang Resigns
The founder and CEO of the chip giant has resigned following an internal investigation into his ties with a suspected Chinese spy.
12 Nov
Reports: Nvidia Board Moves to Oust CEO Jensen Huang
Amid allegations regarding a spy scandal and personal ties, reports in the U.S. indicate the board is working to remove Jensen Huang from his position.
11 Nov
Class Action Lawsuit Filed Against Nvidia and CEO Huang
Following reports of Nvidia CEO Jensen Huang's alleged ties to a suspected Chinese spy, a class action lawsuit has been filed against the company and its CEO.
11 Nov
Thacker Pass lithium project cost rises 31%
Lithium Americas announced a sharp increase in the construction costs for the Thacker Pass mine in Nevada, which is now expected to reach approximately $3.83 billion.
11 Nov
Nvidia scandal: Company to investigate CEO's alleged ties to spy
Nvidia has launched an internal investigation into reports of a romantic relationship between CEO Jensen Huang and a woman suspected of spying for China.
11 Nov
Wall Street Futures Rise; Focus on US-China Relations
Futures on the Dow, Nasdaq, and S&P 500 indices are trending higher as the US Treasury Secretary calls for 'de-risking' the economic relationship with China.
11 Nov
CoreWeave: No Expected Change in Nvidia Partnership
Technology firm CoreWeave stated there is no reason for its partnership with Nvidia to change, adding that it aims to reach profitability by 2028.
11 Nov
New report: Trump received intelligence on Nvidia CEO's ties
Reports suggest President Trump was briefed on Jensen Huang's relationship with a suspected spy before his trip to China.
10 Nov
US Rate Hike Worries Rise After Higher Inflation Data
US inflation rose by 0.4% in October, exceeding expectations and fueling speculation that the Federal Reserve may raise interest rates in December.
10 Nov
Anthropic moves ahead with IPO, eyes $1.4 trillion valuation
AI startup Anthropic is proceeding with its IPO plans, targeting a valuation of approximately $1.4 trillion.
10 Nov
S&P 500 futures fall after October inflation data
S&P 500 futures dropped sharply following the release of new inflation data for October.
10 Nov
Nvidia CEO spy scandal: Trump comments on allegations
U.S. President Trump confirmed the FBI is investigating Nvidia CEO Jensen Huang's link to a suspected Chinese intelligence operative, adding that Huang denied knowing her background.
10 Nov
Nvidia Scandal: Board Investigates CEO Over Spy Ties
Nvidia stock faces pressure as the company probes CEO Jensen Huang's affair with a woman suspected of being a Chinese intelligence operative.
9 Nov
Nvidia CEO affair update
Nvidia CEO Jensen Huang apologized to employees for an affair with an alleged Chinese spy, while President Trump expressed support for him.
7 Nov
Berkshire Hathaway increases buybacks as operating earnings decline
Warren Buffett's holding company reported an acceleration in share repurchases during the third quarter, alongside a decline in operating profits.
6 Nov
Three charged in $129 million AI fraud scheme
Two Israeli citizens were arrested in the U.S. for their alleged roles in a massive fraud scheme involving AI-powered executive impersonation.
6 Nov
US: Job growth rises in October, unemployment rate falls to 4.1%
New data shows a rise in the number of US jobs in October, alongside a decrease in the unemployment rate to 4.1%.
6 Nov
US chip stocks rebound after selloff
Following significant declines yesterday, the US stock market saw a rebound today, with a focus on the semiconductor sector.
5 Nov
US Lawsuit: Amazon Accused of Inflating Advertising Prices During Holidays
The FTC and 22 US states accuse the tech giant of artificially inflating ad prices on its platform.
5 Nov
Federal Reserve: Restrictive rates needed to curb inflation
A Federal Reserve Board member stated that restrictive interest rate policy is necessary to temper rising prices.
5 Nov
US: Weekly jobless claims at 57-year low
Reports indicate that the decline in claims reflects low layoffs, while continuing claims have seen a moderate increase.
4 Nov
Super Micro reports surge in revenue; stock jumps in after-hours trading
Super Micro reported $19.95 billion in first-quarter revenue, with optimistic forecasts driven by strong demand for AI-optimized servers.
4 Nov
US approves equity perpetual futures trading; industry group files lawsuit
The US regulator has cleared perpetual stock futures for trading on national exchanges, prompting a legal challenge from financial firms.
2 Nov
Market Pressure Mounts on Meta and Alphabet Over High Capex
Meta and Alphabet are facing investor scrutiny over the scale of their capital expenditures on artificial intelligence infrastructure in the fourth quarter.
2 Nov
US Treasury Weighs Auction Changes for 2027
Traders are anticipating potential structural changes to U.S. Treasury auctions in 2027, with a focus on potential reductions in long-term debt issuance.
2 Nov
New Details on Marvell-Lumentum Deal: All-Stock Merger at 24% Premium
Marvell's acquisition of Lumentum will be structured as an all-stock transaction at a 24% premium, projected to yield over $1 billion in annual savings.
2 Nov
Marvell to Acquire Lumentum in $115 Billion Deal for AI Data Centers
Marvell Technology has agreed to acquire Lumentum in a $115 billion transaction aimed at expanding its presence in artificial intelligence data center infrastructure.
30 Oct
Nasdaq Futures Fall and Tech Stocks Drop Following Amazon and Intel Earnings
Nasdaq futures and tech shares fell as quarterly results from Amazon and Intel rattled investors on Wall Street.
30 Oct
Intel Shares Plunge Up to 23% Following Disappointing Guidance
Despite beating profit estimates, Intel shares tumbled after weak quarterly guidance and an estimated $300 million hit from an explosion at its Kiryat Gat plant.
30 Oct
Amazon Earnings: Cloud Revenue Surges as AI Spending Drives $42B Negative Cash Flow
Amazon posted mixed third-quarter results as massive artificial intelligence expenditures weighed on cash flow, despite AWS revenue climbing 39%.
29 Oct
AI Spending Spooks Investors as Alphabet Stock Sinks After Q3 Results
Alphabet shares tumbled and risked losing hundreds of billions of dollars in market value after massive spending on AI infrastructure rattled investors despite strong revenue growth.
29 Oct
Anthropic Files Paperwork for Blockbuster Wall Street IPO
Artificial intelligence firm Anthropic has submitted official filings ahead of an initial public offering on Wall Street.