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Markets rally close to record highs driven by AI tech surges, notably AMD’s spike on OpenAI deal. S&P 500 and Nasdaq hit new peaks despite ongoing U.S. government shutdown and mounting geopolitical tensions. Safe havens like gold approach fresh highs amid uncertainty.
OpenAI and AMD forge a multibillion-dollar partnership to supply AI chips, signaling a significant shift in the AI hardware landscape with AMD challenging Nvidia’s dominance.
$10.9B – Value of Fifth Third’s merger with Comerica forming 9th-largest U.S. bank
Government shutdown deepens political impasse with repeated failed votes, escalating economic risks, and threats of widespread federal layoffs.
President Trump threatens to invoke the Insurrection Act to deploy troops amid legal pushback and lawsuits challenging his deployment plans in several states.
Grayscale Introduces US’s First Staked Crypto ETFs Boosting Market Demand
Grayscale launches first U.S. spot crypto ETFs featuring staking, pushing investor enthusiasm and innovation in digital asset investment products.
More on coindesk.com
Bari Weiss’s acquisition and appointment as CBS News editor-in-chief signals a potential rightward shift in legacy American media under Paramount’s new ownership.
Tesla’s stock rises sharply amid speculation of a major product announcement, including teases on social media hinting at an upcoming launch event.
AppLovin Stock Tanked as SEC Probe Exposes Data Practice Concerns
Mobile ad tech firm AppLovin’s stock plummets amid Securities and Exchange Commission investigation into alleged breaches of data agreements, rattling investor confidence.
More on benzinga.com
The Supreme Court begins a new term focused on presidential powers with key cases involving Trump and anticipated conservative rulings shaping US governance.
Major banks Fifth Third and Comerica announce a $10.9 billion merger, creating the ninth-largest U.S. bank and consolidating regional banking power.
European Securities and Markets Authority to centralize regulation of stock exchanges, crypto firms, and clearinghouses enhancing oversight at the EU level.
Gold prices soar near $4,000 an ounce as investors seek safe havens amid US government shutdown and looming economic uncertainty.
OpenAI launches new ChatGPT feature enabling users to access third-party apps seamlessly within conversations, pushing the chatbot’s ecosystem expansion.
The best chips will win — the AI arms race hinges on hardware delivery.
— Investor Brad Gerstner
France faces political turmoil as Prime Minister Sébastien Lecornu resigns after just weeks, deepening crisis around President Macron’s leadership future.
AppLovin’s stock plunges after reports of SEC investigation into alleged breaches of advertising and data collection agreements, triggering market sell-off.
Israel and Hamas begin indirect ceasefire talks in Egypt, prompted by Trump’s peace plan and ongoing international mediation efforts to end war in Gaza.
The AI chip market heats up as OpenAI secures multi-year deals with AMD and Nvidia, reflecting the escalating competition among semiconductor giants.
Verizon appoints former PayPal CEO Dan Schulman as new chief, aiming to revitalize growth amid fierce telecom competition and investor concerns.
NASDAQ hits new highs powered by AMD’s rally on OpenAI partnership; tech stocks lead market’s record-setting sessions despite government shutdown.
Taiwan and Japan expand joint coast guard training amid US ally tensions, stirring concerns over China’s potential reactions in a shifting East Asian security landscape.
US Senate fails repeatedly to advance government reopening bills; White House warns of mass layoffs if shutdown persists with no bipartisan deal.
Kroger recalls pasta products nationwide amid Listeria fears, expanding public health concerns following recent deadly outbreaks linked to contaminated food items.
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