SoftBank to invest 100 billion in U.S. projects
President-elect Donald Trump and SoftBank CEO Masayoshi Son announced a 100 billion investment plan over four years focusing on artificial intelligence. Cantor Fitzgerald head Howard Lutnick attended, with Trump praising the move as a boost to America's future.
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Trump signals possible pardon for Adams at Mar-a-Lago
In a freewheeling Mar-a-Lago session President-elect Trump suggested he would consider pardoning embattled New York Mayor Eric Adams. He asserted the nation will not lose to polio vaccines, weighed in on New Jersey drone sightings, urged the Biden administration to halt selling unused border wall portions, and warned of possible legal action.
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Silicon Valley figures named as Trump tech and science czar
Incoming president Donald Trump taps Bay Area venture capitalist David Sacks as AI and cryptocurrency czar and head of the President's Council of Advisors on Science and Technology. Silicon Valley figures praise the move as beneficial for innovation while ethics experts warn of conflicts of interest.
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Nasdaq closes day with record highs
Nasdaq logs a record as tech optimism boosts Broadcom and Bitcoin surge. S&P 500 rises while Dow drags. Fed meeting on Wednesday looms, with expectations of another rate cut this year and projections for 2025 clouded by inflation and tariff risks.
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