Retail Traders Dump $265 Million in Stocks in Biggest Selling Day Since 2020
Retail investors sold U.S. stocks on Thursday at a pace not seen since the start of the COVID-19 pandemic, breaking with their typical habit of “buying the dip” on down market days. Ordinary investors sold a net $265 million worth of…
OpenAI faces Democratic backlash over AI data center expansion
11 hours ago OpenAI unveils new data center commitments as Democrats push for tougher restrictions OpenAI is promising greater transparency and community involvement in its massive data center expansion as Democrats push to restrict new installations…
Tesla, SpaceX shares fall after 2026 midterms
EspaceX And Tesla stocks fell about 9% and 11%, respectively, on Thursday afternoon as investors feared that Elon Musk could face new congressional investigations – and tighter regulation of his companies – after the US midterm elections.…
Why is the stock market down today? Midterm elections broke AI technology’s bull run
Updated November 5, 2026, 5:44 p.m. ET The results of the midterm elections weighed heavily on US stocks, particularly those in data centers and artificial intelligence, as investors feared that a Democratic Congress would slow their development. The…
Lawsuit: Man introduced ChatGPT to his wife. She used it to plan her murder.
Cops test Celsius cans to make arrest Over the course of months of extended, multi-round exchanges that sometimes remained open for weeks, ChatGPT apparently violated its own template specifications to help Cheryl advance the plan. On the day of his…
Big Tech’s massive spending on AI poses another problem for investors
Hyperscalers’ share buybacks, which have helped boost bottom lines and fuel stock prices, may now be put on hold as they spend aggressively on AI infrastructure. Combined buybacks from Alphabet (GOOGL), Amazon (AMZN), Meta (META), Microsoft (MSFT)…
IonQ Reports Record 3Q26 Revenue, Raises FY2026 Guidance to $505 Million to $515 Million as Backlog Hits $1.2 Billion – IonQ – Investor Relations
IonQ Reports Record 3Q26 Revenue, Raises FY2026 Guidance to $505 Million to $515 Million as Backlog Hits $1.2 Billion IonQ – Investor Relations IonQ CEO doubles down on vision of quantum domination after soaring profits Barron’s Revenue, GAAP…
A phenomenon: initial applications for unemployment benefits (4-week average) fall to lowest level since 1969
Despite sluggish growth in private sector payrolls and significant staff reductions in federal and state governments, a declining workforce due to crackdowns on illegal immigration. By Wolf Richter for WOLF STREET. The four-week average of initial claims…
Top Democrats call for curbs on AI development after midterms: ‘National moratorium on data centers now’
After a big victory in the US midterm elections on Tuesday, some Democrats are already signaling they want to tackle artificial construction, particularly data centers. In an article on Sanders, who is caucusing with Democrats, said the message to…
Food delivery startup Wonder files for IPO as it explores its next big bite
Food delivery startup Wonder is moving closer to becoming a publicly traded company after confidentially filing for an initial public offering (IPO). The company announced the filing Thursday, marking a major milestone after years of fundraising,…