Trump says administration has 'identified funds' to pay troops during shutdown
President Donald Trump on Saturday said his administration has “identified funds” to pay troops next week despite the federal government shutdown. Source link
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New tariff threats crush stocks during a big week for Nvidia and key portfolio moves
Wall Street’s weekly performance was near the flat line heading into Friday. Things started OK on the final trading day of the week, until President Donald Trump ‘s new China trade threats tanked the stock market. The S & P 500 lost 2.71% on Friday — the worst single-session decline since April 10, the day…
Trump post costs stocks $2 trillion in single day
U.S. President Donald Trump looks on during an announcement about lowering U.S. drug prices, at the White House in Washington, D.C., U.S., Oct. 10, 2025. Kent Nishimura | Reuters On Friday morning, the S&P 500 was less than a couple of points from another all-time high. Then, after a single social media post from President…
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Artificial intelligence, bitcoin as top BlackRock ETF place
BlackRock is seeing a shift among Big Tech investors. Jay Jacobs, the firm’s U.S. head of equity ETFs, finds they’re going for targeted themes like artificial intelligence. “One of the biggest trades we’re seeing this year is simply people leaving the traditional tech sector and getting more granular into AI-specific ETFs, like BAI [the iShares…
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OpenAI’s dominance is unlike anything Silicon Valley has ever seen
OpenAI DevDay Ashley Capoot | CNBC Virtually every successful tech startup throughout history has faced the reality that it could get swallowed up or run over by a large incumbent at any moment. It’s part of daily life for an entrepreneur. But the company at the center of the current boom is a different kind…
Earnings season kicks off with reports from big banks
CNBC’s Jim Cramer walked investors through next week as Wall Street launches into earnings season, highlighting reports from financial giants including Wells Fargo, Goldman Sachs, Citigroup, Bank of America, Morgan Stanley and JPMorgan. He acknowledged Friday’s major sell-off but said he doesn’t think the session marks the end of the market’s multi-year rally. “It’s a…
Tech megacaps lose $770 billion in value as Nasdaq suffers steepest drop since April
Nvidia dropped almost 5%, pacing a steep decline in tech stocks, after President Trump threatened more tariffs on China. Source link
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