Topline Each of the three major stock indexes declined again on Tuesday—with losses led by Amazon, Microsoft and Nvidia—as fears of an AI bubble appeared to have worsened among economists, while hopes of another interest rate cut have diminished. Several AI-linked stocks gave up more ground as major indexes dropped in a fourth-straight trading session….
Topline A broader stock market rally on Monday, fueled by eight Senate Democrats siding with Republicans to back a deal that would end the government shutdown, added tens of billions of dollars to the fortunes of the world’s richest people. The world’s wealthiest people had billions added to their combined net worth on Monday. Getty…
Topline China’s top competition regulator on Monday said a preliminary investigation found chipmaker Nvidia was violating the country’s antitrust laws, in an announcement that could further inflame tensions between the U.S. and China at a time when officials from both countries are meeting to discuss a potential trade deal in Madrid. Jensen Huang, CEO of…