US stocks were mixed on Friday as worries over the AI trade lingered, following this week's steep sell-off in Tech (XLK) that triggered a flight to bonds.
The Dow Jones Industrial Average (^DJI
) f… [+8055 chars]

Stocks were headed lower on Friday to cap a volatile week.

Yahoo Entertainment

Stock market today: Dow, S&P 500 drop, Nasdaq rises after sharp tech sell-off - Yahoo Finance

The U.S. designated helium as a critical material on Friday because its indispensable for making semiconductors that are essential to energy generation, and the global supply is at risk of disruption… [+6045 chars]

The U.S. government has designated helium as a critical material because it’s indispensable for making semiconductors that are essential to energy generation, and the global supply is at risk of disruption. The designation, announced Friday, means that more f…

Associated Press

US designates helium as a critical material, citing its importance for semiconductors - AP News

Apple (AAPL) is taking Wall Street's crown back from Nvidia for the fifth time.
Apple briefly topped Nvidia in market value on Friday. It's a move Apple has made before, and it has rarely stuck.
Ap… [+1966 chars]

Apple briefly topped Nvidia in market value Friday, a move it has made before that has rarely stuck.

King Apple is taking Wall Street’s top spot back from Nvidia — for the fifth time - Yahoo Finance

Google News

Gold drops below $4,000 as ‘haven’ asset joins market sell-off - Financial Times

Citi sees SpaceX launching national wireless service no earlier than 2029, but its reported interest in 80,000 cell sites raises questions about that timeline.

Western Digital delivers the quarterly results it needed, handily beating expectations for its fiscal first-quarter earnings.

Barron's

Western Digital Earnings Fail to Get Stock Back on Track - Barron's

The Wall Street Journal

Weil Gotshal Loses More Top Lawyers as Merger Talks Collapse - WSJ

Micron stock  rises and is leading a rebound in chip stocks into the end of a volatile week. While buy-the-dip calls continue, AI sentiment remains volatile.

Micron Stock Leads Chip Rebound. Dip Buyers Must Buckle Up as AI Chaos Swirls. - Barron's

Telecom stocks are tumbling on news that SpaceX is aiming to secure 80,000 cell sites across the US, raising the specter of fierce competition between the industrys big three and Starlink Mobile.

SK Hynix stock rose despite the company scrapping plans for a U.S. IPO of its memory-chip unit.

SK Hynix Stock Jumps After Scrapping U.S. IPO of Memory-Chip Unit - Barron's

American Express is cutting thousands of employees as the leading credit card company prepares for artificial intelligence to take over more of its internal processes.
Amex is eliminating 5% of its … [+1495 chars]

Amex, which reported third-quarter results earlier Friday, is taking a $336 million restructuring charge in the quarter, CEO Stephen Squeri said Friday.

CNBC

American Express is cutting 5% of its workforce to 'prepare for AI' - CNBC

Meta (META) stock pared losses in premarket action Friday, following a dismal Thursday trading session. Shares of the social media giant plunged 7%, despite reporting better-than-anticipated Q3 reven… [+2124 chars]

Meta stock pared losses in premarket action Friday.

Meta stock pares losses in pre-market trading following yesterday's 7% decline - Yahoo Finance

Fewer people are flying this year, but with airfare this high and climbing, airline executives say that's just fine.
The number of people screened at U.S. checkpoints is on track for its first annua… [+4332 chars]

Airlines are reporting fewer people flew in the third quarter as airfare surged on fuel costs, but executives say travelers are mostly swallowing higher fares.

Fewer people are flying as airfare soars. Here's why airlines aren't worried - CNBC

FIRST ON FOX: Canadian jetmaker Bombardier announced Friday it is "expanding in America" and "creating thousands of jobs" as part of a $270 million investment deal touted by President Donald Trump. … [+3460 chars]

Jetmaker Bombardier said it is "expanding its presence" in the United States as part of a $270 million investment deal praised by President Donald Trump.

Fox Business

Jetmaker Bombardier doubles down on US investment in deal touted by Trump - Fox Business

Global credit markets are flashing the biggest risk-off signals in more than a year, as a selloff in artificial intelligence stocks and growing geopolitical tensions spurred investors to seek out hav… [+303 chars]

Global credit markets are flashing the biggest risk-off signals in more than a year, as a selloff in artificial intelligence stocks and growing geopolitical tensions spurred investors to seek out haven assets.

Bloomberg

AI Tech Fears Push Global Credit Spreads to 17-Month High - Bloomberg.com

Treasury yields sank on Thursday, in a rare bout of extreme buying as 
tech stocks plunged and investors headed for cover in one of the worlds largest and most liquid asset classes.The scramble for … [+177 chars]

The scramble for safety was attributed to a confluence of factors suddenly plaguing the market all at once

MarketWatch

Treasury yields log biggest drop since the 2023 banking crisis. Here’s what’s going on. - MarketWatch

Fired OpenAI safety researchers Mikita Balesni and Tomek Korbak give us their first interview since their dramatic dismissal. They take us inside the company during METRs investigation into the Huggi… [+663 chars]

Fired OpenAI safety researchers Mikita Balesni and Tomek Korbak give us their first interview since their dramatic dismissal. They take us inside the company during METR’s investigation into the Hugging Face hack, explain why OpenAI’s rebuttal doesn’t add up,…