Local officials warn some services remain unavailable even as Outlook starts to resume normal operations after outage Microsoft outage – live updates The Microsoft Outlook outage has shaken up companies and local governments across the US that use its suite of email, calendar, video conferencing and cloud storage systems. Even as Outlook started to resume no…
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The revelations surrounding Jensen Huang, who resigned from Nvidia over extramarital affairs, inspired social media posts using the very technology his company helped develop.
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Chinese data center projects are still being designed around restricted Nvidia processors, even as Beijing pushes domestic alternatives.
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Jensen Huang was the driving force at Nvidia, with 60 direct reports and no clear succession plan. Tripp Mickle, one of our technology reporters, examines Mr. Huang’s central role in the company and the artificial intelligence industry.
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USA-STOCKS/ (UPDATE 5, GRAPHICS):US STOCKS-Wall St slides as Nvidia uncertainty drags tech shares lower
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Health services, schools, police departments and companies worldwide reported disruptions to their work. The cause was unclear, though Microsoft appeared to rule out a cyberattack.
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Not one utility CEO we spoke with at the EEI conference is anticipating a slowdown in electricity growth expectations.
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Mr. Huang championed start-ups, with Nvidia holding $48 billion worth of stakes in 229 private companies, including OpenAI and Anthropic, at the end of July.
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Investors based in mainland China and Hong Kong are excluded from placing orders in Anthropic's IPO. This decision reflects the strategic sensitivities between Washington and Beijing regarding technology advancements. Some investors are exploring alternative methods to participate in the public offering through offshore structures. Anthropic intends to compl…
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Earnings season is supposed to be over. Instead, next week might be the most important of the quarter for the macro view. Nvidia reports days after losing its founder. Anthropic prices what could be the largest equity deal ever. And every major US retailer reports into a rate-hike cycle. October CPI came in hot at 0.4% headline and 0.3% core, a December hike…
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The ex-Nvidia C.E.O. was a bridge between companies and governments. His exit will reverberate, especially in China where it could accelerate a self-reliance drive.
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US stocks fell as Nvidia’s leadership turmoil triggered a broad technology selloff, sending the Nasdaq down 1.42% and the S&P 500 nearly 1% lower. Softer-than-expected producer inflation offered little relief as investors weighed the outlook for interest rates and the wider AI trade.
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Critics say Howard Lutnick, the commerce secretary, and his department have shielded Nvidia as concerns have grown over A.I. chip sales to firms like Megaspeed.
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The ouster of Jensen Huang from the chipmaker he helped found is reverberating throughout Silicon Valley, Washington and beyond.
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European stock markets, particularly the STOXX 600, are performing well as tech turmoil affects global markets. This relative stability is attributed to Europe's lower exposure to tech giants compared to the US market. Companies in sectors such as energy and financials are supporting earnings growth, which is on track for 25% quarterly profit. Investors rema…
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Headlines: Wall Street steadies despite Nvidia drama but dip buyers are still walking a tight rope US bond market cracks resurface as higher for longer fears return to haunt Wall Street Higher real yields and stronger US dollar weigh on gold as Trump puts Iran deal in jeopardy Japan prime minister Takaichi fires another verbal warning as USD/JPY flirts with…
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Razorpay Software Ltd and Sembcorp Green Infra recently received approval from Sebi for their initial public offerings, marking a major milestone in their growth journeys. Razorpay aims to secure Rs 5,000-6,000 crore to enhance its financial services platform, while Sembcorp Green Infra plans to raise Rs 3,750 crore to bolster its renewable energy initiative…
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MUFG’s Derek Halpenny notes the US Dollar consolidating at new highs above 103 on DXY, supported by a sharp 2-year UST yield move and rising risk aversion linked to poor tech sentiment and a global Microsoft outage.
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Equity markets are falling as well, with interest rates and the dollar surging amid an increasingly hawkish Federal Reserve.
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