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NVDA CEO Huang Backs California Wealth Tax, Calls It a Privilege
NVIDIA CEO Jensen Huang backs California’s Proposition 40 wealth tax, calling it a privilege. The one-time 5% levy on billionaires could raise $108 billion for healthcare, education, and food assistance.
META Slides 0.6% to $736.59 as Muse Momentum Fades on September 22
Meta stock fell 0.6% to $736.59 on September 22 after Muse AI’s surge. RSI at 78 signals overbought conditions as investors weigh AI gains against service reliability concerns.
Meta Stock Rallies 11% as Muse AI Tops Charts on September 21
Meta stock jumped 11% on September 21 as its new Muse AI agent topped app store downloads. The move came despite a recent Facebook outage and reflects growing investor optimism around the company’s AI products.
Trump Bans Three News Outlets From White House; Major Networks Sue and Halt Coverage
Trump banned CNN, MS NOW, and Politico from the White House on September 19. The three outlets sued Monday, and major TV networks suspended pool coverage in protest, marking an unprecedented break in presidential press access since 1950.
Sunshine Protection Act Stalls in Senate as Daylight Saving Time Ends November 1
The Sunshine Protection Act passed the House 308-117 in July but stalled in the Senate. Daylight saving time will end November 1, 2026. Ski resorts and some lawmakers oppose permanent DST due to darker winter mornings.
Google Launches Googlebook AI Laptops at $899 Starting September 22
Google launches Googlebook AI laptops starting at $899 with Dell, HP, Lenovo, Acer, and ASUS. Devices run Android OS with Gemini AI, ship October 4. GOOGL stock up 2.3% on news.
Vonovia Falls 1.2% as Berlin Left Party Pushes Housing Expropriation
Vonovia stock fell 1.2% to €17.48 after Berlin’s Left Party election victory renewed expropriation threats. Federal countermeasures add uncertainty to the company’s 138,000 Berlin apartments.
Meta Stock Surges 12.8% as Muse AI Tops App Store Despite Outage
Meta stock climbs 12.8% as Muse AI agent hits No. 1 on Apple App Store. Brief Facebook outage affected 17,000+ users but failed to dent investor sentiment focused on AI growth.
NSE IPO Closes at 5.71x Subscription, Lists September 24
NSE IPO closes with 5.71x subscription and ₹90,300 crore demand. Listing scheduled for September 24. Institutional buyers drove demand while retail interest remained muted.