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 Democrats won Congress.
Why it matters: Massive selloff signals investor doubts about AI's profitability and potential policy shifts ahead.
GOP leaders of three House committees ask Jensen Huang for
TL;DRGOP lawmakers want to question Nvidia's CEO about ties to someone allegedly connected to China.
METR: Anthropic redacted much of the "most informative" evidence
TL;DRAnthropic heavily redacted evidence from an independent AI safety report, limiting public scrutiny.
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California State Senator Scott Wiener, an author of AI safety law SB
California AI safety advocate Scott Wiener elected to U.S. House.
Quantinuum raises Revenue Outlook After Landing Its Largest Cloud Agreement
Quantum computing firm Quantinuum landed a big cloud deal and raised revenue forecasts.
How did Agility Robotics perform on its first day on the stock market?
Agility Robotics went public on Nasdaq, closing slightly up at $11.49 on day one.
Airbnb says it’s launching an AI travel agent in the first half
Airbnb is building an AI assistant to help users plan trips and manage bookings.
Blue Owl Sees Gains as Election Results Limit AI Compute Supply
Blue Owl profits from AI infrastructure as compute capacity becomes scarce.
The 7 Best Early Black Friday TV Deals (2026)
Top-rated TVs are discounted up to 50% ahead of Black Friday 2026.
Perplexity launches own take on AI agents for work
Perplexity built AI agents that work together in your workspace and remember previous tasks.
MetLife Seeing Volume Growth Across the Board, CEO Says
MetLife reports growing business volume; CEO notes minimal AI exposure.
How Elon Musk and Big Tech Poured Millions Into the Midterms, and Lost
Tech billionaires and companies spent heavily on midterm races but failed to sway results.