Market Indexes Tumble on Geopolitical Tensions and Chip Stock Selloff

    Well, so much for that brief moment of Middle East calm. U.S. stocks fell sharply in midday trading Wednesday as geopolitical tensions reignited and investors positioned ahead of the Federal Reserve’s 2:00 p.m. ET policy decision. The Dow Jones Industrial Average (^DJI -1.47%) is down 1.7% at mid-day, led lower by Caterpillar (CAT -6.83%) dropping…

    Read More

      World Cup 2026: FIFA opens disciplinary proceedings against Argentina over several potential breaches including Falklands banner | Football News

      FIFA has opened disciplinary proceedings against Argentina over potential breaches of multiple laws during the World Cup. The breaches include the use of discriminatory chants and gestures, team misconduct, security and protocol failures and inappropriate messages being displayed – namely the banner that the players held saying ‘The Falklands are Argentine’ following the 2-1 semi-final…

      Read More

        Contra Dario Amodei, There’s No Walling Off China From U.S. AI

        SAN FRANCISCO, CALIFORNIA – SEPTEMBER 04: Anthropic Co-founder and CEO Dario Amodei speaks at the “How AI Will Transform Business in the Next 18 Months” panel during INBOUND 2025 Powered by HubSpot at Moscone Center on September 04, 2025 in San Francisco, California. (Photo by Chance Yeh/Getty Images for HubSpot)Getty Images for HubSpot In business,…

        Read More

          Ford Just Delivered Bad News for Tesla Investors

          Key Points The prospect of high robotaxi and humanoid robot sales is the main reason Tesla gets away with a P/E ratio close to 300. Ford is working on self-driving technology that can position it to offer robotaxis, and other automakers may follow suit. If more competitors pile into robotaxis, it can put pressure on…

          Read More

            FTSE 100 hits record high despite AI sell-off | FTSE

            London’s FTSE 100 stock index has touched a fresh high, driven by strong corporate results as investors moved money away from tech and semiconductor stocks amid the global tech stock sell-off. The UK’s blue chip index rose as high as 10,951 points on Wednesday morning before falling back slightly, its best level since 27 February,…

            Read More