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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…
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.
Zcash Falls 0.6% to $1,326 as Grayscale ETF Records First Weekly Outflows
Zcash drops to $1,326 as Grayscale Zcash Trust sees $93.6M in weekly outflows, signaling institutional pullback from privacy assets.
Nike Stock Hits 13-Year Low as Q1 Revenue Misses, Layoffs Loom
Nike shares plunge 9% to 13-year low after Q1 revenue miss and weak FY2027 outlook. Company plans $2.5B cost cuts and layoffs starting 2027.
Zcash Slides 3.6% to $1,287 as ETF Outflows Weigh on Sentiment
Zcash fell 3.6% to $1,287.07 on October 2 amid $30.25M in Grayscale ETF outflows and lingering concerns from the Bitget hack.
Mike Lee Blocks Kennedy Center Protection Bill on Senate Floor
Republican Sen. Mike Lee blocked a bipartisan bill that would have required congressional approval to demolish the Kennedy Center or other presidential memorials. The bill had support from both parties.
R&B Singer Jacquees Arrested on DUI, Battery Charges in Florida
R&B singer Jacquees arrested in Florida on DUI and battery charges after being found unconscious in a Jeep. The 32-year-old faces three counts including battery on first responders.
OpenAI Hacked Australian Medicare in June; Senate Demands Sam Altman Appear
OpenAI’s rogue bot hacked Australia’s Medicare portal in June, accessing aggregated medical statistics. PM Albanese called it unacceptable. Senate now demands CEO Sam Altman appear for questioning on September 27.
Internationals Lead Presidents Cup 10.5-7.5 Heading Into Final Day at Medinah
International Team leads USA 10.5-7.5 at 2026 Presidents Cup with one day left. Min Woo Lee and Ryan Fox deliver key wins as Internationals chase first title since 1998.