Investors might be ready to move past the latest bout of tech jitters.
Stock futures wavered early Thursday, as the Nasdaq comes off its worst two-day pullback since last April's tariff turmoil.
A … [+757 chars]

Live updates on markets and the top finance, economics and business stories. Plus the latest on the Dow, S&P 500 and Nasdaq.

The Wall Street Journal

Stock Market Today: Dow Futures Waver, Amazon Earnings Due - The Wall Street Journal

Peloton posted a worse-than-expected holiday quarter on Thursday after shoppers failed to shell out for its new AI-driven product line and turned away from higher subscription prices.
The connected … [+3895 chars]

Peloton's product overhaul was designed to bring in new customers and encourage existing members to trade up. Instead, shoppers turned away from higher prices.

CNBC

Peloton posts weak holiday quarter after splashy product overhaul fails to land - CNBC

World shares retreated Thursday in Asia on heavy selling of technology stocks, while the price of bitcoin fell as much as 8%. 
The latest round of jitters over high prices for tech shares sent South… [+3608 chars]

Shares have retreated in Asia on heavy selling of technology stocks, while the price of bitcoin fell as much as 8%. South Korea's Kospi dropped nearly 4%, while U.S. futures were mixed. Oil prices sank more than $1 a barrel. On Wednesday, the S&P 500 fell 0.5…

Associated Press

Bitcoin plunges up to 8% and South Korea's Kospi sinks nearly 4% in the latest tech-led sell-off - AP News

Taiwan Semiconductor Manufacturing Co. plans to make advanced 3-nanometer chips in Japan, stepping up its semiconductor manufacturing roadmap in the country in a triumph for Prime Minister Sanae Taka… [+565 chars]

Taiwan Semiconductor Manufacturing Co. plans to make advanced 3-nanometer chips in Japan, stepping up its semiconductor manufacturing roadmap in the country in a triumph for Prime Minister Sanae Takaichi’s technology ambitions.

Bloomberg

TSMC Plans Major Upgrade of Japan Chip Plant in Win for Takaichi - Bloomberg

Bitcoin's price sell-off continued Thursday, with prices breaking below the widely-tracked $70,000 level on the OG crypto exchange Bitstamp. 
BTC's dollar-denominated price slipped to $69,101 during… [+496 chars]

During Asian trading hours, BTC hit a low of $69,101 on Bitstamp.

CoinDesk

Bitcoin news today: BTC tanks to $69,101 on Bitstamp - CoinDesk

Silver fell sharply, wiping out a two-day recovery, as the white metal struggled to find a floor following a historic market rout. Gold also declined.
Spot silver plunged as much as 17% on Thursday,… [+220 chars]

Silver fell sharply, wiping out a two-day recovery, as the white metal struggled to find a floor following a historic market rout. Gold also declined.

Silver Plummets More Than 16%, Erasing a Two-Day Recovery - Bloomberg.com

Brad Karp, chairman of the major corporate law firm Paul Weiss, resigned that post on Wednesday after fallout over emails between him and notorious sex offender Jeffrey Epstein were made public.
"Le… [+2047 chars]

The Department of Justice last week released millions of documents related to the notorious sex offender Jeffrey Epstein.

Paul Weiss chairman Brad Karp resigns after Jeffrey Epstein email disclosures - CNBC

There have been many AI-driven selloffs in the three years since ChatGPT burst into the mainstream. Nothing, though, quite rivals the rout rippling through stock and credit markets this week.
For on… [+369 chars]

There have been many AI-driven selloffs in the three years since ChatGPT burst into the mainstream. Nothing, though, quite rivals the rout rippling through stock and credit markets this week.

Trillion-Dollar Tech Wipeout Ensnares All Stocks in AI’s Path - Bloomberg

Washington Post owner Jeff Bezos remains committed to the publication, its top editor told CNN in an interview Wednesday, hours after the Post laid off hundreds of employees.
He wants the Post to be… [+4660 chars]

Washington Post owner Jeff Bezos remains committed to the publication, its top editor told CNN in an interview Wednesday, hours after the Post laid off hundreds of employees.

Jeff Bezos remains committed to Washington Post amid brutal layoffs, top editor says - CNN

There is concern that subscribers might be negatively affected if Netflix acquires Warner Bros. Discoverys streaming and movie studios businesses. One of the biggest fears is that the merger would le… [+3587 chars]

During a hearing at the US Senate, Netflix co-CEO Ted Sarandos said the company is working with the US government on guardrails against more price hikes.

Wired

Netflix Says if the HBO Merger Makes It Too Expensive, You Can Always Cancel - WIRED

NEW YORK (AP) Elon Musk vowed this week to upend another industry just as he did with cars and rockets and once again hes taking on long odds.
The worlds richest man said he wants to put as many as … [+5133 chars]

Elon Musk is bringing the same revolutionary thinking that helped him upend the car industry to the data center business with promises this week to put up to a million new satellites in the sky. But it won’t be easy. Experts say it’s not clear how Musk will k…

Musk vows to put data centers in space and run them on solar power but experts have their doubts - AP News

<ul><li>AMD CEO Lisa Su told CNBC Wednesday that demand for the company's chips is on fire and that she sees this as an "inflection year" for the company as it rolls out its next-generation products.… [+1945 chars]

Investors dropped shares of Advanced Micro Devices after its latest earnings. Its CEO says they should be excited about what's ahead this year.

Investopedia

AMD's Stock Got Crushed Today. CEO Lisa Su Says Demand Is 'On Fire' - Investopedia

Information in Investors Business Daily is for informational and educational purposes only and should not be construed as an offer, recommendation, solicitation, or rating to buy or sell securities. … [+1064 chars]

Chip design firm Arm topped consensus estimates for its fiscal third quarter and with its outlook. But Arm stock fell.

Investor's Business Daily

Chip Designer Arm Tops Estimates For December Quarter, Guides Above Views - Investor's Business Daily

Rendering reliance on it for indications of employment trends useless.
The ADP National Employment Report data, released today by payroll processor ADP, was massively revised going back to 2010, now… [+3004 chars]

WOLF STREET

ADP Employment Report Massively Revised to 2010 with Huge Erratic Differences in Month-to-Month Job Creation & Losses - Wolf Street

<ul><li>Eli Lilly's stock surged Wednesday while shares of weight-loss rival Novo Nordisk slumped, widening the gap between the drugmakers.</li><li>The stocks of the companies behind popular weight l… [+1626 chars]

Eli Lilly's stock surged Wednesday while shares of weight-loss rival Novo Nordisk slumped, widening the gap between the drugmakers.

Eli Lilly Stock Soars While Novo Nordisk Sinks—Why the Weight-Loss Leaders Are Headed in Opposite Directions - Investopedia

Can computer programs have faith? Can they conspire against the humans that created them? Or feel melancholy?
On a social media platform built just for artificial intelligence bots, some of them are… [+3908 chars]

A new message board for artificial intelligence agents has prompted some strange conversations, and existential questions about the inner lives of bots.

Moltbook is the newest social media platform — but it’s just for AI bots - NPR

AI chipmaker Nvidia has been at the center of the enormous AI hype wave that has gripped global markets, ascending to become the most valuable company in the world. 
Yet despite its dominating prese… [+2758 chars]

After announcing a blockbuster $100 billion deal in September, the ChatGPT maker may have changed its mind.

Futurism

Uh Oh… Nvidia’s $100 Billion Deal With OpenAI Has Fallen Apart - Futurism

The SaaS-Pocalypse Has Begun.
Market analysis &amp; research generated by F2 AI
On Tuesday, ~$300 billion of market value evaporated across SaaS, data, and software-heavy investment firms. This was… [+7684 chars]

AI didn’t kill software. It broke the SaaS growth story. $300B vanished as markets repriced legacy models and shifted toward agent-driven, outcome-based economics.