Stock markets
- China to crack down on AI chatbots around suicide, gambling - The proposed rules come as Chinese artificial intelligence chatbot startups Minimax and Z.ai have this month filed for Hong Kong IPOs.
- Wall Street wrote off Palantir as too expensive. Retail investors can't get enough - The stock, which made its market debut in 2020, is an indisputable star of the retail investing world.
- Citadel to return $5 billion in profit to investors, source says - The firm's flagship-multistrategy fund, known as Wellington, gained 9.3% in the year through last week, the person said.
- Gas prices fall to four-year lows as millions embark on holiday road trips - The average price of unleaded gasoline in the U.S. is at its lowest since 2021, according to AAA.
- To lower crypto investment risk, the market is starting to diversify - Cryptocurrency market volatility won't go away, but the market is beginning to apply portfolio diversification ideas to assets like bitcoin.
- Your CEO wants to be a social media influencer. Is it cool or cringy? - Executives and founders were sold on the idea that social media is good for business. But they're learning the hard way that it's not all it's cracked up to be.
- Trump signs executive order reclassifying cannabis, opening door to broader weed access - President Donald Trump signed an executive order Thursday reclassifying marijuana as a Schedule III substance with looser restrictions.
- Friday could be a wild day of trading on Wall Street. Here's why - December options expirations are typically the biggest of the year, but this one eclipses all prior records, Goldman said.
- Trump Media to merge with fusion power company TAE Technologies in $6 billion deal - Trump Media and Technology Group announced a merger agreement with fusion power company TAE Technologies valued at more than $6 billion.
- Robinhood is rolling out NFL parlay and prop bets on prediction markets platform - Robinhood announced Tuesday that users will be able to trade on National Football League games and player performances.