The iShares Semiconductor ETF (SOXX) fell more than 4% on Wednesday, putting it on track for its seventh straight losing session. Hotter-than-expected U.S. inflation and mounting concerns over artificial intelligence (AI) infrastructure spending weighed on chip stocks. Among SOXX's largest holdings, Advanced Micro Devices (AMD) was down over 5%.
AI boom helps keep global economy afloat despite war and debt, IMF warns. An AI crash was one of three ‘salient risks’ to stability identified by the IMF. Rising government borrowing costs and the threat of a big cyber-attack were also highlighted. The IMF also warned that AI's economic benefits are increasingly concentrated in a handful of countries.
Netflix is laying off approximately 1,000 employees, or 6% of its global workforce, in its largest round of job cuts since 2022. The streaming giant continues investing billions of dollars in original programming, international productions and new entertainment ventures. The layoffs are primarily across product, technology, legal and human-resources teams.
Joni Mitchell became a U.S. citizen 62 years after first traveling from Canada to America. The singer has lived in southern California since the late 1960s and now resides in Santa Barbara. Graham Nash congratulated Mitchell, noting her new citizenship means she can vote for the first time in her life.
Pope Leo XIV, 71, has been diagnosed with lung adenocarcinoma. Doctors removed the lower lobe of his right lung during Tuesday's operation in an effort to eliminate all cancerous tissue. The Vatican announced that Pope Leo XIV's surgery to remove a small lung growth was successful.
Hundreds of police entered the building in the morning and barred staff from entering. The Journalists' Union of Turkey (TGS) condemned the move as "arbitrary" Turkish authorities have already recently taken over four other national broadcasters, three of them opposition-leaning. The main opposition New Party (Yeni Parti) said it stood with Halk TV and its employees.
Critics have said she came across as ‘detached’ and took only three questions and left the podium after 14 minutes. On Tuesday, a half-century later, Katie Zacharia found a different way in — pick three nonconfrontational questioners, then defer to your boss and say: The End.
"Top 25 coin holders" were promised "an Exclusive Reception before Dinner with YOUR FAVORITE PRESIDENT," plus a "Special VIP Tour" of the White House the next day. NBC reported that the coin investors who attended the dinner had collectively spent $394 million on $TRUMP.
Gasoline accounted for over half of overall price increases, up 34% from last year. Price increases are the highest they have been since the annual inflation rate reached a three-year peak of 4.2% in May. Core inflation, which strips out volatile energy and food prices, also ticked up by 0.3% in September to 2.6%.
Al-Haddad was responsible for defending Gaza City and the northern Gaza Strip. The plan aimed to carry out a very large-scale military operation in northern Gaza after separating it from the center and south of the Strip. One aspect that the plan failed to anticipate was Israel’s ability to reach certain military positions and weapons, missile, and drone storage facilities quickly.
Russia will supply more than 300,000 metric tons (2.25 million barrels) of diesel to the U.S. and global markets, Trump says. The news follows a deal announced Oct. 9 between Russian President Vladimir Putin and Trump. If every shipment Trump described arrives, Russia would supply 4.8 million metric tons of diesel.
Al-Haddad was responsible for defending Gaza City and the northern Gaza Strip. The plan aimed to carry out a very large-scale military operation in northern Gaza after separating it from the center and south of the Strip. One aspect that the plan failed to anticipate was Israel’s ability to reach certain military positions and weapons, missile, and drone storage facilities quickly.
Ukraine's dependence on Starlink has made it reliant on Musk and SpaceX. SpaceX clamped down on Russian forces' use of Starlink terminals in February. The disruption is limited to drone operations within Ukrainian territory and Russian-occupied territory. It was not the first time SpaceX is alleged to have restricted Ukrainian forces' Starlink access.
IRGC claims vessel was carrying ‘contraband’ and attempting to navigate what it described as an ‘unauthorised and dangerous route’ 50,000-tonne container ship was struck while entering the strategic waterway. Saudi Arabia has extended the suspension of operations at King Khalid International Airport following repeated Houthi attacks.
Alfozan was employed as an engineer by OpenAI since July 2025. He allegedly asked a productivity tool about OpenAI's building addresses, meeting rooms, calendars and the locations of executives. A chatbot linked to Alfozan's spouse inquired about building, installing and remotely accessing a device.
Location: Huab River Valley, Namibia.Technical details: Nikon Z8 | Nikon Nikkor Z 24–50mm F4–6.3 | 27mm | F7.1 | 1/40 sec | ISO 125. Inon Z-240 and Z-330 underwater strobes.
Unified Patents added a new PATROLL contest, with a $2,000 cash prize, seeking prior art on at least claim 1 of U.S. Patent 8,230,497. The team at Unified is using Pearl to identify and chart prior art against a patent monopoly owned by Enpulz Automotive LLC.
Pope Leo XIV is said to be eating normally and his recovery is "proceeding as expected" He had surgery Tuesday to remove a nodule that was determined to be pulmonary adenocarcinoma. Doctors are confident that the cancer has been removed but are awaiting additional tests to be sure it hasn't spread.
Iran is escalating threats against commercial shipping in the Strait of Hormuz. Iran-backed Houthi rebels in Yemen are opening another potential front by intensifying attacks on Saudi Arabia. The Houthis, meanwhile, warned that any U.S. involvement in attacks against them would prompt a "swift and painful" response.
The Houthis struck the major transportation and energy hubs, causing civilian casualties. Even after more than a decade of fighting, the Houthis retain the ability to attack targets deep inside Saudi territory. Washington has wavered on whether and how to support Saudi Arabia, risking either the destabilization of the House of Saud and further chaos in the region.
Unified Patents added a new PATROLL contest, with a $2,000 cash prize, seeking prior art on at least claim 1 of U.S. Patent 8,230,497. The team at Unified is using Pearl to identify and chart prior art against a patent monopoly owned by Enpulz Automotive LLC.
U.K. Prime Minister Andy Burnham says recent security incident at RAF Fairford was "almost certainly directed" by Iran's Revolutionary Guard. The security incident led to the arrests of seven men who were later released on bail. The base was until recently home to U.S. long-range bombers.