Thursday's News Links

[CNBC] Stocks slide as Meta and Microsoft fall after earnings: Live updates

[Yahoo/Bloomberg] Gold Pushes Higher as Market Digests Outcome of Xi-Trump Meeting

[Yahoo/Bloomberg] Powell’s December Warning Exposes Hardening Divisions at Fed

[AP] Trade takeaways from Trump’s meeting with Chinese leader Xi

[Reuters] Despite expectations, Trump did not discuss Nvidia's Blackwell chip with Xi

[Yahoo/Reuters] Republican lawmaker says don't give China Nvidia's Blackwell chip

[Yahoo/Bloomberg] Meta, Microsoft Test Investors’ Patience With AI Spending Spree

[Axios] The AI boom isn't going anywhere

[Yahoo/Reuters] US Treasury's Bessent says Fed's language shows they are 'stuck in the past'

[CNBC] Bank of Japan holds rates in first meeting after Takaichi’s ascent to prime minister

[Reuters] South Korea releases details of trade deal struck with the US

[Axios] U.S. will start testing nuclear bombs after three-decade hiatus, Trump says

[Yahoo/Bloomberg] Trump Orders Nuclear Weapons Trials After Russia Tests

[AP] Europe’s economy shows modest growth of 0.2%, held back by laggard Germany

[Bloomberg] Trump-Xi Truce Buys Time as Both Seek Leverage in Broader Fight

[Bloomberg] Meta Looks to Raise at Least $25 Billion From Bond Sale

[Bloomberg] Central Banks Step Up Gold Purchases Despite Record-High Price

[Bloomberg] BOJ Policy Hold Shows Caution Under Takaichi, Analysts Say

[Bloomberg] China Vanke Reports $2.3 Billion Loss Amid Sales Slowdown

[NYT] Trump and Xi, Hoping to Ease Trade War, Agree to 1-Year Truce

[WSJ] Fed Divisions Reveal New Caution Over Continued Cuts

[FT] Donald Trump leaves South Korea after talks with China’s Xi Jinping

[FT] Big Tech tests investors’ patience with $80bn AI investment spree

Wednesday Evening Links

[CNBC] Stock futures move lower after tech earnings put focus back on AI trade: Live updates

[CNBC] Meta shares drop 9% despite earnings beat as company takes one-time tax charge

[AP] Federal Reserve cuts key rate yet Powell says future reductions are not locked in 

[Yahoo/Reuters] Fed winding down balance sheet contraction amid tightening money markets

[Yahoo/Bloomberg] US, South Korea Finalize Trade Deal After Months of Talks

[The Hill] ‘Window shopping’ opens for 2026 Affordable Care Act plans

[NYT] As Trump Weighs Sale of Advanced A.I. Chips to China, Critics Sound Alarm

[NYT] Microsoft Increases Investments Amid A.I. Race

[WSJ] Future Fed Rate Cuts ‘Far’ From Certain After Divided Meeting

[WSJ] The Federal Reserve Is ‘Driving in a Fog’

[WSJ] Senate Talks Pick Up as Shutdown Pain Increases

[WSJ] Microsoft to Double Data Center Footprint in Two Years

[WSJ] How China Enables Russia’s Military

[FT] Federal Reserve trims US interest rates by quarter point but casts doubt on December cut

Wednesday Afternoon Links

[CNBC] Stocks maintain gains after Fed cuts rates as traders await Powell comments: Live updates

[AP] Federal Reserve cuts key rate as government shutdown clouds economic outlook

[CNBC] There were two Fed dissenters: Miran wanted a bigger cut and Schmid voted for no easing at all

[AP] White House says deal to put TikTok under US ownership could be finalized in South Korea

[Yahoo/Bloomberg] US Pending Home Sales Stall as Labor Market Concerns Build

[Yahoo/Telegraph] Shadow banking bubble risks global shock, warns credit rating agency

[Yahoo/Reuters] Bank of Canada signals likely end to rate cuts, but keeps options open

[Bloomberg] Treasuries Fall After Fed Cuts Rates on Worries Over Job Hiring

[Bloomberg] Trump, Xi Set to Formalize Trade Truce After Months of Chaos

[Bloomberg] Oracle Bond Risk Jumps on Concerns Over AI Spending Spree

[NYT] Big Tech Faces Tough Questions Over the A.I. Spending Spree