Hugh Son
JPMorgan Chase says it will invest $10 billion into industries critical for national security - CNBCThe move helps JPMorgan Chase organize its activities around national interests at a time of heightened tensions between the U.S. and China.
Monday, October 13
Linda Lew, Charlotte Yang
Xiaomi Shares Tumble After Reports EV Crash Traps Person Inside - Bloomberg.comA fatal crash involving a Xiaomi Corp. SU7 electric sedan on Monday has renewed concerns over electronically-operated car door handles, after bystanders were unable to open the doors and rescue the driver before it burst into flames.
Monday, October 13
China’s Wingtech Dives 10% After Dutch Take Control of Chip Unit - Bloomberg.comThe Dutch government has taken control of Nexperia, the European semiconductor unit of China’s Wingtech Technology Co., to address concerns about losing domestic access to crucial technology.
Monday, October 13
Sybilla Gross
Silver Roars Higher on Short Squeeze as Gold Rallies to Record - Bloomberg.comSilver hit the highest in decades as a historic short squeeze in London reinforced a powerful year-to-date rally, while gold surged to a record aided by broad investor enthusiasm toward precious metals.
Monday, October 13
The century-old ship sail technology finally catching on - BBCThe rotors, first used in 1925 on a journey to Scotland, are being revived to help emissions in shipping.
Monday, October 13
Laya Neelakandan
How Lego MRI scanner sets are reducing anxiety in children undergoing medical treatment - CNBCLego's MRI scanner play sets, which launched in 2023, are significantly reducing anxiety and the use of sedation in children, according to new research.
Monday, October 13
Barron's
Is the Stock Market Open Today? Here Are the Trading Hours for Columbus Day. - Barron'sMonday, October 13
Akash Girimath
How Crypto Traders Are Positioning Following 'Black-Friday's' Crash - DecryptExperts are downplaying the weekend rebound, citing structural risks as traders resort to put-buying for downside protection.
Monday, October 13
Da Lin
San Francisco crime debate heats up as tech leaders demand National Guard - CBS NewsAnother tech giant has joined Salesforce CEO Marc Benioff in calling for National Guard troops to be deployed in San Francisco. Tesla CEO Elon Musk criticized the city this week, saying he supports federal intervention to combat crime.
Monday, October 13
Yeo Boon Ping
CNBC Daily Open: Trump can move billions with a few words - CNBCTrump's tariff announcement wiped out almost $800 billion from major tech firms, with the S&P 500 and Nasdaq Composite falling the most since April.
Monday, October 13