STRM Economy

the money behind the camera

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Top story Democratic sweep of Congress sends Nasdaq 100 plunging as tech rout deepens

Investors are repricing AI-related stocks after midterm results raised the prospect of tougher data center oversight and higher capital costs.

full coverage →marketsaielections
Data center backlash after blue wave emerges as central risk to the AI trade

Voters and state regulators pushing back on large AI facilities could slow a key source of US economic growth, though some analysts argue tighter limits reduce bust risk.

full coverage →aidatacenterspolicy
Shield AI to acquire radar maker Echodyne for $5.3 billion, reaching $28.8 billion valuation

The counter-drone deal marks a major expansion for Shield AI as defense tech funding booms.

full coverage →defensem&aai
Apple draws $31 billion of orders for $7 billion investment-grade bond sale

Demand was strong even as markets sold off and AI-related debt issuance flooded the high-grade market; proceeds help fund buybacks.

full coverage →appledebtmarkets
Anthropic partners with Plaid to connect Claude directly to users' bank accounts

The Claude Personal Finance feature lets the chatbot give tailored guidance based on real bank and card data via Plaid's network.

full coverage →anthropicfintechai
Agility Robotics goes public as first dedicated US humanoid robotics company

The debut tests public market appetite for humanoids, with Digit deployments growing and $300 million in pending orders.

full coverage →roboticsipoai
LIV Golf collapses after last-ditch revival efforts fail, losing BC Partners backing

The Saudi-backed tour is shutting down after its relaunch plan lost financial backing, ending a multi-year disruption of professional golf.

full coverage →sportsbusiness
Parents sue Google, alleging school-issued AI chat triggered teen's mental health crisis

The North Carolina suit raises liability questions about AI tools deployed in classrooms on school Chromebooks.

full coverage →googleailegal
Muse has a voice mode now

Meta added real-time voice conversations with its Muse AI agent, its latest push to make AI assistants feel conversational.

full coverage →metaaiproducts
Zipline tops $21 billion valuation and adds 300 Walmart drone delivery sites

The drone logistics company's new funding round and retail expansion underscore momentum in autonomous delivery.

full coverage →droneslogisticsfunding
SpaceX's Starlink plans terrestrial wireless network to challenge AT&T, Verizon and T-Mobile

Musk is taking on entrenched US carriers with a ground-based network layered on Starlink's satellite business.

full coverage →telecomspacexstarlink
AI inference startup Fal raises funding at $16 billion valuation

Valuation surge for an inference specialist signals investor appetite remains for AI compute infrastructure despite the broader selloff.

full coverage →aifundingstartups
TikTok launches standalone TikTok Shop app in several countries

The separate app pushes TikTok's e-commerce ambitions further into direct competition with Amazon and Shein.

full coverage →tiktokecommercecreators
Rio Tinto commits $144 million to advance Resolution Copper project in Arizona

The miner cited long-term copper demand driven by AI, data centers and electrification.

full coverage →miningcoppercommodities
China blocks SoftBank's acquisition of ABB's robot unit, FT reports

Beijing's intervention highlights its expanding reach over cross-border M&A involving robotics technology.

full coverage →m&achinarobotics
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