Is the Trump effect working on the US economy?
Is the “Trump Effect” working on the US economy? New figures show 119,000 jobs were added in September, sharply beating expectations after a slow summer. We’ll look at what’s driving the pickup.
Also, novelists are increasingly worried that AI could replace them. Andrew Peach asks one writer whether a computer could ever produce a book as good as a human.
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Read MoreBig swings keep rocking Wall Street as stocks drop sharply after erasing a morning surge
Jarring swings keep rocking Wall Street, and U.S. stocks erased a big morning gain to drop on Thursday as the market remains skittish following weeks of doubts and erratic moves.
After initially soaring toward what seemed like its best day since May, with an early surge of 1.9%, the S&P 500 erased all of it and fell 1.6%.
Read MoreUS stocks slide as Wall Street's AI jitters persist
At the same time, investors remain on edge about the path forward for interest rates. They are still awaiting key inflation data that had been delayed during the US government shutdown, which could inform the Federal Reserve’s pace of cuts into next year.
The S&P 500 index is more than 4% lower so far in November,
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Read MoreFirstFT: US tech stocks slip as wave of volatility hits Wall Street
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Read MoreTrump family’s cryptocurrency ties raise concerns as administration loosens regulations
Amna Nawaz:
As President Trump’s administration has loosened regulations on cryptocurrency and pledged to make the U.S. the crypto capital of the world, his family’s ties to the industry are raising ethical concerns and blurring the lines between business and government.
Our White House correspondent, Liz Landers,
Read MoreThe Burst
Why the Swoosh Might Be Turning the Corner Fast
Analysts had written off Nike heading into its latest earnings report. The previous quarter was a mess, sales fell 10%, inventories piled up, and the brand that once defined performance and style looked a little out of step with both.
Yet this quarter, Nike did something investors didn’t expect by starting to look like Nike again.
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Read MoreThe Ivy
Ken Griffin’s Big Trim in Palantir
In the second quarter of 2025, Ken Griffin’s Citadel Advisors sharply reduced its holding in Palantir Technologies, selling nearly half of its position.
The move raised about $75 million in cash and followed a familiar pattern for Griffin, who has been building and trimming his Palantir stake in waves since 2021.
This latest sale has investors wondering: why would one of Wall Street’s most sophisticated fund managers cut exposure to a stock riding the artificial intelligence boom?
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Read MoreThe Spotlight
The Best-Kept Secret in AI Infrastructure? Hint: It’s Not Nvidia
DigitalOcean (NASDAQ: DOCN) just pulled off something few small-cap tech companies have achieved in this market: record revenue, soaring profits, and a guidance hike that caught Wall Street flat-footed. The stock popped by almost a third after Q2 results, and yet, shares remain roughly 12% below where they started the year.
That gap between operational performance and valuation might be the opportunity hiding in plain sight.
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