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Stock Market Today: Chip Stocks Plunge on AI Funding Worries
The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…
Souplantation Reopens in Fountain Valley in 2027 After 7-Year Closure
Souplantation plans to reopen in Fountain Valley, Orange County in 2027, marking its first California location since closing all 97 restaurants in 2020 during the pandemic.
JR East Data Breach Exposes 6.09M Records on October 9
JR East Japan reports 6.09 million customer records exposed in data breach on October 9, affecting Eki-net and View Card. Email addresses compromised; names and credit card numbers not leaked.
70 Million Children Auto-Enrolled in Trump Accounts as Dell Pledges $6.25B
Treasury auto-enrolls 70 million children in Trump Accounts on October 1. Michael Dell pledges $6.25 billion. Parents must claim accounts to manage them. Critics worry about single-stock concentration risk.
NSW Police Chief Loses Bid to Keep Protest Inquiry Private; October 19 Hearings Confirmed
NSW Police Commissioner Mal Lanyon’s attempt to keep the anti-Herzog protest inquiry private was rejected. Operation Makalu hearings begin October 19 with public livestreaming of senior officers’ testimony.
Unions, States Sue Trump Over Green Card Policy Changes October 8
Lawsuit challenges Trump administration green card policies issued in May and August 2026. 22 states, unions, and immigrant groups say new rules force applicants to leave families or face denial.
Arthur Hayes Warns AI Boom Will Waste Trillions, Predicts Crypto Rally by 2028
Arthur Hayes predicts AI data-center overbuilding will lead to a market crash and bailout by late 2027 or 2028, positioning Bitcoin to benefit from excess liquidity.
AMD Jumps 3% to $649.42 as Meta Muse Drives CPU Renaissance
AMD stock hits fresh high at $649.42 as Meta Muse AI agent adoption drives CPU demand. Citi upgrades AMD price target, projecting CPU market to expand from $29B in 2025 to $300B by 2030.
Jim Bakker, PTL Televangelist Convicted of Fraud, Dies at 86
Jim Bakker, founder of the PTL Club and Heritage USA theme park, dies at 86. The televangelist was convicted of defrauding followers and served over four years in prison after a 1987 sex scandal.