Markets rallied on surging AI optimism as Nvidia announced a massive $100 billion investment in OpenAI, lifting major indices to new record highs. Technology stocks led gains, while gold hit fresh highs on inflation fears. Volatility remains as investors weigh rate cut prospects and geopolitical risks.
Nvidia’s massive $100 billion investment in OpenAI solidifies a leading AI data center buildout, signaling intensified competition in artificial intelligence infrastructure between tech giants.
$100 billion – Nvidia’s planned investment in OpenAI to build AI data centers.
Trump administration imposes a $100,000 fee on H-1B visas, causing backlash and concern across the tech industry and international relations, especially impacting Indian IT and US tech hiring.
Following controversial remarks and FCC threats, Disney suspends then reinstates Jimmy Kimmel’s late-night show, sparking industry-wide free speech debates and political reactions.
Dairy Boy Founder Leverages Viral Merch for 160% Year-Over-Year Growth
Paige Lorenze, founder of Dairy Boy, has grown her business rapidly by converting viral merchandise success into impressive revenue growth exceeding 160% year-over-year.
More on inc.com
A federal judge allows the resumption of the nearly finished Revolution Wind offshore wind farm near Rhode Island, curtailing Trump administration’s efforts to halt clean energy projects.
US Justice Department and Google clash in court over antitrust remedies, as the government seeks to dismantle Google’s digital advertising monopoly amid ongoing legal battles.
Kenvue Stock Plummets As Autism Link Claims Fuel Uncertainty
Shares of Tylenol maker Kenvue hit record lows amid Trump administration’s unproven claims linking acetaminophen use in pregnancy to autism, sparking investor anxiety and public backlash.
More on marketwatch.com
Amid soaring gold prices, metal investments hit records driven by economic uncertainty and inflation fears, contrasting with volatile cryptocurrency markets experiencing sharp liquidations.
The US government finalizes deal with Oracle to control TikTok’s US algorithm, aiming to address national security concerns by creating a localized algorithm under American supervision.
Trump administration’s new $100,000 fee on H-1B visas shocks tech industry, prompting legal challenges, company concerns, and international diplomatic tensions.
Spirit Airlines files for bankruptcy restructuring and plans to furlough one-third of its flight attendants due to ongoing financial difficulties and bankruptcy proceedings.
US and allied countries form new task forces and pledges aimed at enhancing cooperation on security, crypto regulation, and countering threats, amidst rising tensions with Russia and North Korea.
We want all the brightest minds to come to the U.S. and remember immigration is the foundation of the American Dream.
— Jensen Huang, Nvidia CEO
Pfizer accelerates in obesity treatment market with $4.9 billion acquisition of Metsera, underscoring pharma’s growing focus on lucrative weight-loss drugs post-COVID vaccine success.
Jim Cramer emphasizes buying opportunities in affordable stocks amid a rising S&P 500, urging investors to not miss bargains in tech and industrial sectors despite mixed economic signals.
Multiple Western nations recognize Palestinian statehood at the United Nations, fueling diplomatic rifts amid escalating Middle East conflicts and shifting global alliances.
Titanic struggles at Kenvue, maker of Tylenol, as Trump administration and public debate link acetaminophen use in pregnancy to autism despite company’s strong denials and falling stock.
Amazon faces a major trial over accusations of misleading customers into Prime subscriptions with difficult cancellation processes, challenging the company’s famed customer obsession ethos.
Oracle shakes up leadership with appointment of two co-CEOs replacing longtime CEO Safra Catz, signaling strategic moves amid AI cloud growth and a booming technology sector.
Fed Governor Stephen Miran, a Trump appointee, calls for steeper interest rate cuts to boost US economic growth, signaling possible divergence within Federal Reserve policies.
Multiple countries suffer disruptions due to ransomware attacks targeting European airports and cyber vulnerabilities, highlighting the growing risks from cybersecurity threats across critical infrastructure.
US pledges support for Argentina amid severe market volatility and financial instability, signaling readiness to offer economic stabilization and financial assistance during crisis.