Uplifting Echoes

Business

Trump says he’s considering government stake in top AI companies - The Washington Post

Trump says he’s considering government stake in top AI companies - The Washington Post

Industry leaders will soon gather at the White House to discuss the idea, the president said. The comments come as SpaceX, Anthropic and OpenAI prepare to go public.

Chips sector bloodbath drags Nasdaq down 4.2% - Axios

Chips sector bloodbath drags Nasdaq down 4.2% - Axios

Tech stocks plunged Friday amid rising bond yields, dragging down the Nasdaq in its worst session in 14 months.

Energy Department says advanced nuclear reactor first to reach critical milestone - PBS

Energy Department says advanced nuclear reactor first to reach critical milestone - PBS

The milestone occurs when a nuclear reactor achieves a self-sustaining chain reaction capable of producing a steady release of energy.

SpaceX and Other Mega IPOs May Wait Years to Join the S&P 500 - Yahoo Finance

SpaceX and Other Mega IPOs May Wait Years to Join the S&P 500 - Yahoo Finance

(Bloomberg) -- Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P 500 Index, after the company that makes the rules...

Live updates: bitcoin tumbles to $60,000 as blowout jobs data, Zcash bug keeps pressure on crypto - CoinDesk

Live updates: bitcoin tumbles to $60,000 as blowout jobs data, Zcash bug keeps pressure on crypto - CoinDesk

Zcash plummetted 40% as Shielded Labs revealed a major bug that went undetected for four years

It Sure Seems Like Pete Hegseth Is Losing His War Against Anthropic - Gizmodo

It Sure Seems Like Pete Hegseth Is Losing His War Against Anthropic - Gizmodo

Does the U.S. government need Anthropic more than it's willing to admit?

Chip selloff erases over $1 trillion in stock market value - Yahoo Finance

Chip selloff erases over $1 trillion in stock market value - Yahoo Finance

U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in ‌AI heavy hitters including Nvidia, Micron Technology...

Cryptos Could Be Casualties of SpaceX IPO as Bitcoin Hits Lowest Price Since 2024 - Barron's

Cryptos Could Be Casualties of SpaceX IPO as Bitcoin Hits Lowest Price Since 2024 - Barron's

Bitcoin, XRP, and other cryptocurrencies fell again as digital assets got caught up in the tech selloff, compounding a bad week.

Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests - CNBC

Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests - CNBC

Another big jobs report in May has swept aside the possibility of interest rate cuts anytime soon.