The Nasdaq 100 drops 6%, losing a record $2.3T in value, and
The Nasdaq 100 drops 6%, losing a record $2.3T in value, and the Philadelphia chip index plunges 12%, on concerns over the AI trade after Democrats won Congress
TL;DRTech stocks crashed 6% on AI trade concerns after Democratic Congressional win.
Why it matters: Signals potential policy shifts and market reassessment of AI valuations affecting your portfolio.
GOP leaders of three House committees ask Jensen Huang for
TL;DRGOP lawmakers want to question Nvidia's CEO about ties to a suspected Chinese operative.
Cloudflare reports Q3 revenue up 39% YoY
TL;DRCloudflare beat earnings expectations and raised 2026 revenue guidance despite posting a net loss.
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New York Times is buying Letterboxd, the movie review site, for around $330 million.
Cyera’s $800 Million Haul Shows Cyber Fever Hasn’t Broken
Cloud security startup Cyera raised $800M at $20B valuation despite market skepticism.
T-Mobile owner on Elon Musk launching a wireless carrier: ‘Welcome
T-Mobile's parent CEO says Starlink Mobile entry is welcome but costly to scale meaningfully.
Tiger Global, Whale Rock, D1 Battered by AI Jitters in October
Major hedge funds lost money in October as AI investment worries spooked the market.
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Independent testing reveals which VPN services actually deliver on their promises.
OpenAI Responds to US Midterm Elections With New Commitment
OpenAI pledges community engagement and computing resources following midterm election results.
Markets Are Reevaluating AI 'Speed Limit,' Schwab's Sonders Says
Investors question whether AI infrastructure costs will actually deliver profitable returns.