Trump goes scorched earth on AI warnings, raging about data center opposition and regulation
The Trump administration has encouraged AI's rapid growth and the development of data centers as it seeks an insurmountable tech edge over China.

The Trump administration has encouraged AI's rapid growth and the development of data centers as it seeks an insurmountable tech edge over China.
The department revealed that the Iran war had cost an estimated $33.4 billion as of June 29.
Oil and 10-year Treasury yields are moving in near lockstep, with their correlation at its strongest since 2019.
Traders were pricing in a better than 92% probability of a rate increase, as well as a more than 75% chance for another one in December.
Oil extended gains amid reports of fresh Houthi strikes on Saudi Arabia and attacks by Iran on ships in the Gulf.
China's investment slump deepened, retail sales growth slowed further in August while industrial output blew past estimates as Beijing warns of supply-demand imbalance.
Justice Brett Kavanaugh said that applying the U.S. Postal Service rule in the 2026 midterm elections "would be arbitrary and capricious."
President Donald Trump has systemically dismantled regulations implemented by the Obama and Biden administrations that sought to fight climate change.
Dutch startup Euclyd raised the funding in a round co-led by Samsung, Somerset Capital Partners, the Scaleup Europe Fund and Innovation Industries.
Michael Khouw breaks down how he's trading this energy name.
Broadcom CEO Hock Tan said demand for AI infrastructure remains strong despite growing concerns about increasingly powerful models.
President Trump has been using his social media site to sound off on Anthropic CEO Dario Amodei's suggestion that the AI industry slow its pace of development.
The 84-year-old Kentucky Republican is back in Washington after a fall, hospitalization, pneumonia and weeks of rehabilitation kept him away from the Senate.
The 10-year U.S. Treasury note yield moved lower after reaching a multiyear high on Monday ahead of this week's Federal Reserve interest rate decision.
Odds of more interest rate hikes coming this year have grown.
Following Apple's iPhone launch event last week, the company is releasing a redesigned Siri AI, though users may have to sign up for a waitlist.
As the U.S.-China tech rivalry simmers, Beijing is increasing restrictions on how its companies can deploy their tech talent overseas.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
President Donald Trump's political wartiest has spent much of the 2026 midterm election campaign cycle on the sidelines despite pleas from Republicans.
Sen. Elizabeth Warren will call the latest Clarity Act ethics proposal blessed by Trump a "weak fig leaf."
The muted outlook from the country's second-largest bank by assets could be an early signal that Wall Street's AI boom might have hit turbulence.
Microsoft wants to be seen as a responsible AI entity as it ramps up model development alongside partners Anthropic and OpenAI.
Chinese state media's reports of the daily press conference also noted that all groups should work together for AI openness and inclusivity.
Volatility measured by the Cboe VIX Index jumped to 18 Monday.