Semiconductor and AI shares plunged across global markets after U.S. inflation accelerated to 3.7% in September, intensifying worries about interest rates and heavy borrowing across the AI sector.
President Trump accused Sen. John Cornyn and strategist Karl Rove of sabotaging Ken Paxton's Senate bid in Texas, where polls show Democrat James Talarico narrowly ahead. A GOP loss would be the first in a Texas Senate race since 1988.
CoreWeave's stock, bonds and credit default swaps slid this week on concerns about the AI cloud provider's debt load. Nvidia CEO Jensen Huang publicly defended the company as a broader debate opens over the financing of the AI boom.
President Trump criticized Volodymyr Zelensky as harder to negotiate with than Vladimir Putin, deepening a rift with Kyiv as European leaders pledged to keep sanctions on Moscow and increase support for Ukraine.
Federal agents searched Rep. Ilhan Omar's Washington residence Monday as part of a criminal fraud investigation. Omar called it political intimidation; House Democratic leaders demanded accountability from DOJ and DHS.
The IMF's latest Global Financial Stability Report says an AI share correction could ripple worldwide, driven by heavy leverage and concentrated exposure to a handful of US tech names.
Saudi Arabia is investigating why its layered air-defense network failed to detect or intercept Houthi strikes on Riyadh's main airport, as follow-on attacks and evacuations rattle the kingdom.
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