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Leopold Aschenbrenner Built a Hot A.I. Hedge Fund. Then it Melted Down.

By: Rob Copeland —
Situational Awareness, led by a 24-year-old, exploded onto the artificial intelligence scene — and then nose-dived.

Leopold Aschenbrenner, in May.

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A.I. Is Driving a Stock Market Rally in China, Too

By: Meaghan Tobin —
Surging interest in artificial intelligence is generating huge gains for Chinese tech stocks like Alibaba, which has more than doubled this year.

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It’s a Bad Time to Cut the Information Coming From Corporate America

By: Jeff Sommer —
President Trump wants the S.E.C. to reduce the frequency of corporate earnings reports. Our columnist says it’s a reasonable experiment, but at a dangerous time.
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Business Lobbyists Scramble to Kill $100 Billion ‘Revenge Tax’

By: Alan Rappeport and Colby Smith —
Critics contend that the measure will scare off the foreign investment that President Trump wants to attract.

Legislation being advanced by Republicans in Congress would substantially increase the tax bills for many foreign companies that operate in the United States, raising more than $100 billion over a decade.

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Trump’s Renewed Attacks on Powell Drive Markets Lower and Weaken Dollar

By: Danielle Kaye and Kevin Granville —
President Trump’s pressure on the Federal Reserve, on top of the uncertainty about his tariff policy, continued to jar investors as stocks, bonds, oil and the U.S. dollar all tumbled.

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Tesla Shares Plunge as Elon Musk’s Political Role Grows More Divisive

By: Jack Ewing —
The automaker’s shares soared after Election Day as Elon Musk took a high-profile role as a Trump adviser. Now those gains have evaporated.

Demonstrators outside a Tesla dealership in Palo Alto, Calif., on Saturday.

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Elon Musk Is Focused on DOGE. What About Tesla?

By: Jack Ewing —
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.

Elon Musk during President Trump’s inauguration parade held last month inside Capital One Arena in Washington. Mr. Musk’s political activities and reduced presence at Tesla are stirring dissatisfaction within the company.

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Wall St. Is Making Irrelevant Predictions, Again

By: Jeff Sommer —
Optimistic guesses about the future are not forecasts, our columnist says.

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Where Have All the Chinese I.P.O.s Gone?

By: Meaghan Tobin —
Chinese companies’ stock market listings once flooded Wall Street. These days, China’s initial public offerings are in a drought.

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The Markets Want Rate Cuts but The Fed Is Taking Its Time

By: Jeff Sommer —
Vague comments about possible future rate cuts were all that central bankers gave the markets. Patience will be difficult at this tricky moment, our columnist says.

Jerome H. Powell, the Federal Reserve chair, emphasized at a news conference on Wednesday that the Fed was still waiting for “a true signal” that it was time to lower interest rates.

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Apple’s Stock Falls on Reports of a Chinese Government iPhone Ban

By: Andrew Ross Sorkin， Ravi Mattu， Bernhard Warner， Sarah Kessler， Michael J. de la Merced， Lauren Hirsch and Ephrat Livni —
Shares in the tech giant fell for a second day following reports that Beijing would bar government workers from using iPhones.

Does China plan a broad crackdown on iPhones?

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