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US equities paused after record-setting rallies as investors awaited Federal Reserve Chair Jerome Powell’s speech for clues on interest rates. The S&P 500, Nasdaq, and Dow remained near all-time highs with tech stocks like Nvidia showing strength. Market volatility remained modest, driven by AI sector optimism and central bank policy expectations.
Nvidia’s unprecedented $100 billion investment in OpenAI signals a major push in AI infrastructure, reshaping the tech and AI hardware landscape amid global competition.
$100 billion – Nvidia’s committed investment to OpenAI for AI data centers.
Trump administration’s new $100,000 H-1B visa fee sparks turmoil across tech and immigration sectors, threatening startup hiring and straining US-India relations.
Jaguar Land Rover faces ongoing production halt and supply chain issues following a disruptive cyberattack, extending shutdown through early October.
Oracle Names Two Co-CEOs To Steer AI Era Growth
Oracle promotes insiders Clay Magouyrk and Mike Sicilia as co-CEOs, aiming to sustain momentum in the AI revolution with strong leadership continuity.
More on fastcompany.com
Kenvue’s stock plummets amid unproven claims by Trump linking Tylenol’s active ingredient to autism; company firmly denies allegations creating a PR crisis.
Secret Service disrupts significant threat by dismantling weaponized SIM farms near NYC ahead of UN General Assembly, ensuring security for global leaders.
Jaguar Land Rover Cyberattack Halts Production Through October
Jaguar Land Rover remains shuttered after a crippling cyberattack, raising alarms over supply chain vulnerabilities and operational disruption extending into early October.
More on nytimes.com
US and UK form a joint task force to enhance cooperation on capital markets and digital asset regulation, aiming to create aligned crypto policies.
France officially recognizes Palestinian statehood at the UN, joining other Western nations amid rising geopolitical tensions and renewed Middle East peace efforts.
Trump administration’s $100,000 H-1B visa fee overhaul creates uncertainties for tech hiring and international talent mobility.
Spirit Airlines announces furloughs of 1,800 flight attendants amid bankruptcy restructuring, raising concerns ahead of peak Christmas travel season.
Amazon faces a federal trial over allegations it tricked consumers into Prime subscriptions and used deceptive cancellation tactics, sparking regulatory scrutiny.
We are entering a new era where AI infrastructure will define the future of technology.
— Nvidia CEO Jensen Huang
NATO and EU respond firmly to Russian airspace violations and drone incidents over Europe, strengthening defense postures and seeking to deter further incursions.
Oracle restructures leadership with two co-CEOs to lead during AI revolution, focusing on sustaining growth amid emerging tech challenges.
Stock markets pause after recent record highs with investors cautious ahead of Federal Reserve Chair Jerome Powell’s key speech for interest rate guidance.
China withstands US tariffs with record export growth, revealing resilience despite escalating trade tensions and ongoing geopolitical risks.
Bitcoin and cryptocurrencies face selloff and volatility amid market liquidations while gold reaches new record highs, showing contrasting asset performance.
Trump administration intensifies political and regulatory measures, extending crackdown on dissent and targeting left-wing groups with terrorism designations.
US and global economic growth forecasts improve amid resilient performance despite challenges, as per recent OECD reports and analysis.
Jimmy Kimmel’s late-night show returns after Disney suspension sparked by White House and FCC pressure, igniting a free speech debate across media and politics.
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