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Trump Officials Held Millions of Dollars of SpaceX Ahead of IPO
Bloomberg115d agoneutral
Trump Officials Held Millions of Dollars of SpaceX Ahead of IPO

(Bloomberg) -- SpaceX’s initial public offering will likely make President Donald Trump’s already wealthy administration even richer.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest PersonAndrew Left Found Guilty in Case That Spooked Short SellersTen officials ranging from spe

Bitcoin’s Break With Tech Widens After Strategy’s Sale Feeds Rout
Bloomberg115d agoneutral
Bitcoin’s Break With Tech Widens After Strategy’s Sale Feeds Rout

(Bloomberg) -- Bitcoin’s selloff extended into Wednesday after Strategy Inc.’s sale of a tiny portion of its massive cryptocurrency stockpile rattled sentiment and widened the token’s divergence from record-setting technology shares.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTrump Begins Rebuilding His Tariff Wall Citing Forced LaborCanada Dips Into Technical Recession for First Time Since 2020T

Nvidia CEO Pitches ‘Insane’ AI Returns to Billionaire Families
Bloomberg115d agoneutral
Nvidia CEO Pitches ‘Insane’ AI Returns to Billionaire Families

(Bloomberg) -- Nvidia Corp. Chief Executive Officer Jensen Huang touted “insane” returns for investors willing to bet on the AI boom, seeking to dispel lingering concerns around the big sums spent on artificial intelligence and its long-term profitability.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTrump Begins Rebuilding His Tariff Wall Citing Forced LaborCanada Dips Into Technical Recession for

Broadcom Earnings, Jobs Report: What to Watch for the Rest of the Week
The Wall Street Journal115d agoneutral
Broadcom Earnings, Jobs Report: What to Watch for the Rest of the Week

Broadcom is set to be the final semiconductor giant to report earnings for the quarter, as a historic rally in chipmaker stocks shows little signs of abating. Investors will also watch Friday’s jobs report—one of the first major economic indicators that will inform the Federal Reserve under its new chairman, Kevin Warsh.

Trump asks US AI firms to submit models for cybersecurity tests
Reuters Videos115d agoneutralVIDEO
Trump asks US AI firms to submit models for cybersecurity tests

<body><p>STORY: The Trump administration is asking top AI companies to submit their most powerful models for cybersecurity testing.</p><p>The testing would be voluntary and happen before the models are released to the public.</p><p>This comes as security fears mount in Washington over powerful new AI systems such as Anthropic's Mythos.</p><p>:: Archive</p><p>President Trump signed an executive order directing several federal agencies to reach agreement with developers over such tests.</p><p>Under the order, U.S. agencies will have up to 30 days to test the models before public release.</p><p>The move signals a shift in Trump’s AI strategy, from a fully hands-off approach to more active government oversight on national security risks.</p><p>Google, Anthropic and OpenAI have welcomed the order.</p><p>:: Archive</p><p>OpenAI CEO Sam Altman said it “gets the balance right” by developing the best models while keeping them safe and strengthening cyber defenses.</p><p>The order also aims to protect critical infrastructure such as banks, hospitals and emergency services by scanning for cybersecurity weaknesses.</p></body>

Bloomberg115d agoneutral
China Extends Outbound Investment Curbs to Individual Investors

(Bloomberg) -- China has expanded its outbound investment regulations to explicitly cover individual investors for the first time, a shift that potentially raises compliance hurdles for tech founders and even ordinary stock investors.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtCanada Dips Into Technical Recession for First Time Since 2020SpaceX Staffers Prep for Multimillion-Dollar Windfalls by P

SpaceX Seeks $135 a Share for $75 Billion IPO, Reuters Says
Bloomberg115d agoneutral
SpaceX Seeks $135 a Share for $75 Billion IPO, Reuters Says

(Bloomberg) -- SpaceX aims to sell 555.6 million shares ​at $135 apiece for its record-breaking $75 ​billion ⁠initial public ​offering, Reuters reported, citing an unidentified person familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtCanada Dips Into Technical Recession for First Time Since 2020SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP TermsAndr

Oil Extends Advance as US-Iran Peace Talk Progress Stalls
Bloomberg115d agoneutral
Oil Extends Advance as US-Iran Peace Talk Progress Stalls

(Bloomberg) -- Oil rose a third day on pessimism over the prospects of the US and Iran reaching a peace deal and as fighting flared up in the Persian Gulf.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Trump to Get Audit Immunity as $1.8 Billion Fund in DoubtAndrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise $80 Billion in Equity for AI SpendingWest Texas Intermediate

Bloomberg115d agoneutral
Broadcom Backing Lowers Debt Costs on $36 Billion Anthropic Deal

(Bloomberg) -- Broadcom Inc.’s promise to backstop the largest portion of a record-setting microchip financing deal for Anthropic is keeping yields for the deal in check, according to people familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Trump to Get Audit Immunity as $1.8 Billion Fund in DoubtAndrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise

Trump signs executive order scaling back AI review requirements
Yahoo Finance Video115d agoneutralVIDEO
Trump signs executive order scaling back AI review requirements

Yahoo Finance Tech Editor Dan Howley comes on Market Domination to break down the day’s leading and trending tech stories, including President Trump's executive order to scale back review requirements for AI model developers when they submit them to the federal government for assessment.

Alphabet $80 Billion Equity Sale Set to Break Fundraising Record
Bloomberg115d agoneutral
Alphabet $80 Billion Equity Sale Set to Break Fundraising Record

(Bloomberg) -- Alphabet Inc.’s surprise $80 billion sale of equity to fund spending on artificial intelligence infrastructure is expected to become the biggest equity capital markets transaction of all time, according to data compiled by Bloomberg.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Andrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise $80 Billion in Equity for

Trump Lowers Tariffs on Farm Tractors, HVAC Equipment
The Wall Street Journal116d agoneutral
Trump Lowers Tariffs on Farm Tractors, HVAC Equipment

President Trump lowered the tariffs on imported farm equipment to 15% from 25% through the end of 2027, citing the role of tractors and crop harvesters in providing food for the country. Trump also added residential heating and air-conditioning components and material-handling equipment to the list of products now eligible for the lower 15% tariff rate. When the administration imposed a 25% duty on the entire value of imported products made with steel and aluminum earlier this year, it also created the discounted rate for imported factory machinery viewed as essential for expanding U.S. manufacturing.

Bloomberg116d agoneutral
Trump Signs Order on AI Security, Stops Short of Mandatory Tests

(Bloomberg) -- President Donald Trump signed a long-awaited executive order directing US agencies to work with artificial intelligence companies to protect networks from AI-enabled cyber attacks. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz

Only One Man Can Kill the AI Boom: Fed Chair Kevin Warsh
24/7 Wall St.116d agoneutral
Only One Man Can Kill the AI Boom: Fed Chair Kevin Warsh

The artificial intelligence boom has survived just about everything investors have thrown at it. Concerns over China, export restrictions, sky-high valuations, and even recession fears have failed to derail a rally that has added trillions of dollars in market value to companies like Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), Broadcom (NASDAQ:AVGO), and Meta Platforms (NASDAQ:META). Yet there ... Only One Man Can Kill the AI Boom: Fed Chair Kevin Warsh

Treasuries Pare Gains After Jobs Openings Back Rate-Hike View
Bloomberg116d agoneutral
Treasuries Pare Gains After Jobs Openings Back Rate-Hike View

(Bloomberg) -- Treasuries retreated from near their best levels of the past month as the first of three labor-market reports this week backed wagers that the Federal Reserve’s next move will be to raise interest rates.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With