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Amid high expectations, revenue growth slows and software giant Snowflake’s stock plunges.

Amid high expectations, revenue growth slows and software giant Snowflake’s stock plunges.

``` Cloud data management company Snowflake's operating profit margin failed to meet Wall Street expectations, raising market concerns about the profitability of its AI tools. Financial results released by Snowflake on Wednesday showed that its adjusted operating profit margin for the third fiscal quarter was about 7%, lower than

Opened with a one-third drop in the first minute, halved in 26 minutes— "Trump concept" abandoned by the market.

Opened with a one-third drop in the first minute, halved in 26 minutes— "Trump concept" abandoned by the market.

Cryptocurrency projects associated with the Trump family were once market favorites, but are now undergoing a dramatic collapse in trust. On Tuesday morning, at 9:31am—just one minute after the market opened—crypto mining firm American Bitcoin saw its stock price plummet by 33%. Panic spread quickly; within five

Goldman Sachs trader: The US stock market in 2026 is a "boxing match"

Goldman Sachs trader: The US stock market in 2026 is a "boxing match"

``` Goldman Sachs macro trader Bobby Molavi described the outlook for the U.S. stock market in 2026 as a "boxing match," with bullish drivers and rising bearish risks facing off head-to-head. On December 3, Molavi pointed out in a client report that the bulls' confidence mainly comes

Japan's long-term bond turmoil continues, with long-term bond yields collectively soaring to multi-decade highs.

Japan's long-term bond turmoil continues, with long-term bond yields collectively soaring to multi-decade highs.

``` The yield on Japan's 30-year government bond rose by 2.5 basis points to 3.445%, a new all-time high. The yield on the 20-year government bond rose by 3 basis points to 2.94%, the highest level since June 1999. The yield on the 10-year government bond

“Yin and Yang” OpenAI? Anthropic CEO: Some AI companies have taken on excessive risks

“Yin and Yang” OpenAI? Anthropic CEO: Some AI companies have taken on excessive risks

Dario Amodei, CEO of AI startup Anthropic, has warned that some tech companies are taking on excessively high risks with their investments in artificial intelligence. His remarks are seen as an implicit criticism of competitors like OpenAI for their lavish spending, and signal growing internal industry concerns about the sustainability

Report: Jensen Huang successfully lobbied, U.S. Congress to reject AI chip export bill

Report: Jensen Huang successfully lobbied, U.S. Congress to reject AI chip export bill

Nvidia’s powerful lobbying efforts have achieved a key outcome: a bill aimed at restricting its sale of advanced AI chips to certain overseas markets, the “GAIN AI Act,” is expected not to be included in the annual U.S. defense bill. According to media reports citing a source familiar

If Hassett becomes the chairman of the Federal Reserve, Besent might "unify" the Trump administration's economic policies.

If Hassett becomes the chairman of the Federal Reserve, Besent might "unify" the Trump administration's economic policies.

On Thursday, according to media reports citing sources familiar with the matter, aides and allies of the Trump administration are discussing letting Treasury Secretary Besant concurrently lead the White House National Economic Council. If Trump decides to appoint Kevin Hassett as the next Federal Reserve Chair, this arrangement would make