Why CoreWeave Stock Panic Matters for Nvidia, Explained in Under 30 Seconds
Nvidia (NVDA) CEO Jensen Huang is unlikely to ignore the growing pressure on CoreWeave’s (CRWV) stock price and bond value. The simple reason is that he can’t look away given how closely Nvidia is tied to the best-known – and most…
Skydance Stock Slumps on Technical Adjustment, Markets Fall on Inflation Figures
Skydance shares closed down 22% on Wednesday to end the session at just over $7 after the company distributed warrants to investors. Apple shares rose, but tech stocks and broader markets ended in the red after a worse-than-expected inflation reading in…
American Airlines drops 3 routes to Santa Maria, Tijuana and Doha
NEWYou can now listen to Fox News articles! American Airlines cut flights to three destinations in the United States, Mexico and the Middle East this year, leaving some travelers with fewer flight options. The airline discontinued service to Santa Maria,…
Ford Opens Pre-Order Invitations for $30,000 Fathom EV Pickup
Want to be among the first to own Ford’s new EV pickup? You can now sign up for a pre-order invitation for the upcoming $30,000 Ford Fathom. Ford Fathom pre-order invitations go live Although pre-orders for the Fathom won’t officially open…
BlackRock’s Fink Warns: Data Center Moratorium Could Trigger Recession
BlackRock CEO Larry Fink has warned that a halt in data center construction could trigger an economic downturn. “If we have some sort of moratorium in this country, we will be in a recession,” Fink told CNBC on Wednesday, after BlackRock reported…
Tesla’s Roadster event returns Thursday evening. Here’s what to expect.
After a two-week delay, the Tesla (TSLA) Roadster event is back – for now. This week, Tesla added a countdown timer to its Tesla Roadster website, indicating that the reveal would take place at 7:55 p.m. CDT on October 15, two weeks after the original…
Anthropic’s self-replicating AI warning is alarming déjà vu
Are legions of smart devices – refrigerators, ovens, vacuum cleaners, lawn mowers, security cameras and televisions – conspiring to take over the Internet? No, but they may soon become unwitting hosts of self-replicating AI models that spread from device…
Perella Weinberg and Piper Sandler abandon merger talks
Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter. Perella Weinberg Partners and Piper Sandler have abandoned merger talks that would have brought together two of Wall…
Micron Stock: Chinese CXMT nicknamed “Paper Tiger”
Investors in Micron Technology (MU) stock overreacted to news this week that Chinese company CXMT had made “key progress” on a new type of memory chip, a Wall Street analyst said. Rosenblatt Securities analyst Kevin Cassidy said the news,…
Fannie Mae sharply raises its mortgage rate forecast for 2027
Economists at Fannie Mae are now forecasting much higher mortgage rates through the end of 2026 and into 2027. They now peg the 30-year average rate pegged at 7.4% for the fourth quarter of this year and 7.5% for all of next year. It previously forecast…