Infosys, Other Indian Tech Stocks Drop
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New Trump administration rules that will require a $100,000 fee for a type of visa used extensively in the technology industry brought fears of an exodus of talent that will sap the potential for growth.
Chinese shipments of tech products to the US plunged 70% in August compared to the fourth quarter of 2024, before the latest tariffs.
Gold rose as much as 1% on Tuesday, hitting a new peak and bringing $4,000/oz closer into view. It is up a whopping 45% this year, and recently scaled its previous inflation-adjusted high from 1980 of around $3,500/oz.
U.S. stocks fell from record highs Tuesday after Federal Reserve Chair Jerome Powell spoke for the first time since the central bank cut interest rates last week.
Palmer Luckey said Bay Area hiring bred "mercenary-minded" workers. He now recruits nationwide, especially veterans, to build Anduril.