Elon Musk Could Become the World’s First Trillionaire
Elon Musk’s wealth could nearly double if SpaceX goes public next year at a $1.5 trillion valuation, according to...
Welcome to the Trending News section of Finblog.com, where we bring you only the most impactful and carefully selected news stories from the financial world. Our team of experts meticulously curates each article to ensure you receive the most relevant and significant updates that truly matter.
US Jobless Claims Jump to Highest in Over Four Years
The number of Americans filing for unemployment benefits jumped sharply last week, the biggest increase in nearly four and...
Dow and S&P 500 Hit Record Highs as Investors Rotate Out of Tech
The Dow Jones Industrial Average and S&P 500 closed at record highs on Thursday, lifted by financials and materials,...
Warren Slams Trump Over Nvidia Chip Deal: ‘He Sold Out US National Security’
President Donald Trump’s decision to let Nvidia sell its H200 AI chips to China continues to draw political fire...
ByteDance and Alibaba Rush to Order Nvidia’s H200 Chips After Trump’s Approval
Chinese tech giants ByteDance and Alibaba have reportedly reached out to Nvidia about purchasing its powerful H200 AI chips,...
Fed Powell Cuts Again: Here is why
The Federal Reserve cut interest rates by 0.25 percentage point on Wednesday, taking the federal funds range to 3.5%...
Fed Cuts Rates for Third Time This Year: What does it for markets
The Federal Reserve delivered its third straight interest rate cut on Wednesday, lowering the federal funds rate by 25...
Fed Set to Cut Rates for Third Time in 2025: What to expect
The FED is poised to lower interest rates by 0.25% at its final meeting of 2025 on Wednesday, marking...
Bezos and Musk Race to Bring Data Centers to Space
Jeff Bezos’s Blue Origin and Elon Musk’s SpaceX are opening a new front in their rivalry, this time in...
China Orders Government Agencies to Use Domestic AI Chips
China has formally mandated government agencies and state-owned enterprises to purchase domestically made AI chips, marking a major step...