Stock Market

Trump Backs Nvidia CEO as Suspected Spy Affair Scandal Erupts

Trump supports Jensen Huang remaining Nvidia’s CEO as the company investigates whether he was targeted by foreign intelligence, leaving investors to confront rare succession questions at a technology giant valued at $4.5 trillion.

Stock Market

Citi Slashes U.S. Stocks, Turns to Europe as AI Turmoil Erupts

Citigroup has reduced its stance on US stocks and global technology while favoring European equities, as artificial intelligence turmoil punishes concentrated American indexes and highlights Europe’s broader sector mix and lower exposure to the trade.

Stock Market

Nvidia Plunges 5% as Alleged Chinese Spy Scandal Engulfs Jensen Huang

Nvidia shares sank as its board investigated reports of a foreign intelligence effort targeting Jensen Huang, raising fresh questions about his leadership while prominent allies argued that the influential artificial intelligence executive remains vital to the company and the country.

Stock Market

Restaurant Chains Launch a Food Quality Offensive to Win Back Diners

Restaurant chains are moving beyond discounts and betting that stronger recipes, better ingredients and more consistent execution can revive customer traffic, support franchisees and strengthen sales as increasingly selective diners demand greater value from every restaurant visit.

Stock Market

Berkshire More Than Doubles Buybacks as Third Quarter Profits Tumble

Berkshire Hathaway more than doubled quarterly stock repurchases to $9.6 billion even as operating earnings fell 5.8%, overall profits dropped 28% and key insurance results weakened, creating a sharp divide between aggressive buybacks and declining earnings.

Stock Market

Cathie Wood Says Market Fear Makes Her Even More Bullish

Cathie Wood believes widespread anxiety over AI spending, debt and rising capital costs strengthens the bull market’s durability, while Ark Invest concentrates on its highest conviction holdings and expects the equity rally to continue.

Investing

Democrats Prepare Sweeping Assault on Trump’s Tariff Regime

Democrats plan an early legislative push to reclaim congressional tariff authority and target duties on Canada, while investigations and lawsuits add pressure. Senate filibuster rules, Trump’s veto power, and the need for Republican support could limit their reach.