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Tesla Cybertruck Sales Crash 62%, Legal Storm Brewing

Tesla’s Cybertruck, once promoted as an “apocalypse-proof” vehicle by CEO Elon Musk, is facing a severe decline in demand. According to data from Cox Automotive, Tesla sold just 5,400 Cybertrucks in the most recent quarter—a dramatic 62.6% drop from the same period last year.

Netherlands Takes Control of Chinese-Owned Chipmaker, Security Fears

The Dutch government has stepped in to take control of semiconductor firm Nexperia, citing “highly exceptional” risks to European economic security stemming from the company’s Chinese ownership and governance gaps. Nexperia, based in Nijmegen in the Netherlands, is owned by China’s Wingtech Technology.

JPMorgan Drops $1.5 Trillion to Boost Economic Security

JPMorgan Chase announced a $1.5 trillion initiative to "facilitate, finance and invest" in industries critical to the nation's "economic security and resiliency."

Gold Rush at Costco: What Last Year’s Gold Bar is Worth Today

Costco’s gold bars were a surprise hit in 2024, flying off virtual shelves as Americans turned to hard assets in uncertain economic times.

North Carolina Sports Betting Scores $12M in September Revenue

North Carolina’s legal sports betting industry saw a major boost in September, generating more than $12 million in tax revenue — the fifth-highest month since wagering launched in 2024. The surge was driven by the return of NFL and college football, which revived betting activity after a slower summer season.

DOJ pushes Google breakup to end ad tech monopoly

The Department of Justice (DOJ) and Google have concluded two weeks of hearings over how to address the tech giant’s illegal monopoly in the online advertising market, marking a major moment in one of the most significant antitrust battles in decades. The case, held in the U.S. District Court for the Eastern District of Virginia, follows an April ruling by Judge Leonie M. Brinkema that found Google had unlawfully monopolized publisher tools and ad transaction software.

Shutdown Could Drag for Weeks as Markets Bet Against Swift Deal

Prediction markets show traders betting the federal shutdown will last weeks as negotiations in Washington stall.

Tesla Teases Major Announcement With Cryptic Videos Ahead of Tuesday Reveal

Tesla released mysterious teaser videos ahead of a Tuesday announcement, sparking speculation of a cheaper Model Y.

OpenAI AMD Deal 2025, Billions at Stake in AI Power Play

OpenAI has entered a multibillion-dollar agreement with chipmaker AMD that could result in a 10 percent equity stake in the company. The deal signals a major shift in the artificial intelligence hardware landscape and marks AMD’s largest win to date in its competition with AI chip leader Nvidia.

Cyberattack Threatens Asahi Beer Supply in Japan

Japan’s most popular beer, Asahi Super Dry, could run out this weekend after a massive ransomware attack crippled production at nearly all of Asahi Group Holdings Ltd.’s factories.

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