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A sweeping Nvidia GPU smuggling scheme to China has sparked urgent calls in Washington for tougher chip-tracking laws and a unified national AI policy amid growing warnings that Beijing is rapidly closing the technology gap with the United States.
Sen. Rand Paul (R-Ky.) slammed the Republican Party for abandoning the fiscal discipline it once championed, while accusing his colleagues of embracing massive governmental deficits and greenlighting spending levels they previously opposed.
New Fortress Energy shares surged over 20% in after-hours trading on Thursday following a credit facility amendment, but the company faces default risks and a Fitch downgrade.
Martin Shkreli, former hedge fund manager known as Pharma Bro, scolded finance personalities for not understanding accounting and defending Nvidia's Q3 performance, which saw record revenue of $57.0B. He has previously argued that the company is undervalued and backed their investment in OpenAI. NVDA stock finished down 3.15% but has gained 23.82% in the last year.
Former IRS commissioners warn of potential issues for the upcoming filing season due to funding lapses and staffing losses. Shutdown could cause disaster for taxpayers and preparers.
Nvidia's stock slipped despite a blockbuster quarter as Dan Ives defended the company's long-term AI trajectory and dismissed bubble fears, while Ross Gerber warned the broader market correction and rate concerns—not Nvidia's fundamentals—were driving the sell-off.
President Donald Trump eliminated tariffs on certain Brazilian exports in a move aimed at tackling soaring grocery prices, amid progress on trade negotiations with the South American nation.
Leading cryptocurrencies fell further alongside stocks on Thursday, as stronger jobs data cast doubt on whether the Federal Reserve will deliver another rate cut in December.
President Donald Trump has higher approval ratings in a new poll, rebounding from record lows during the government shutdown. The stock market isn't showing the same boost.
Tesla Inc (NASDAQ:TSLA) shares are pulling back Thursday after the gains made following President Donald Trump's announcement of interest deductions for EV purchases, as part of the Big, Beautiful Bill. Additionally, Elon Musk's AI startup xAI has struck a major deal to build a Saudi-backed data center using Nvidia Corp chips.
GraniteShares launched two new YieldBOOST ETFs using options strategies to generate income and offer targeted exposure to semiconductors and gold miners.
Canary Capital Group has launched a new exchange-traded product that aims to capture the growing interest in Solana and yield-generating crypto strategies.
Ethereum's (CRYPTO: ETH) decisive break below the critical $3,000 level has reignited a months-long debate: was the prior bullish thesis driven by real fundamentals—or
Bill Ackman lowered the position size for Alphabet in the Pershing Square Capital hedge fund in the third quarter, missing out on millions in profits since then.
