Nasdaq Bounces 1.5% as Chipmakers Steady Markets After Strong U.S. Jobs Data
The tech-heavy Nasdaq Composite climbed nearly 1.5% on Friday as semiconductor equities recovered following an unexpectedly robust October jobs report.
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U.S. Long-Term Unemployment Reaches Multi-Year High as Job Searches Cross Six Months
While the U.S. economy added 165,000 jobs in October, the average search for unemployed workers lengthened to 27.1 weeks, surpassing standard unemployment benefit limits and signaling hiring friction.
U.S. Job Cuts Hit Lowest October Level in Three Years Ahead of Federal Payroll Data
U.S. job cut announcements fell to their lowest October total in three years, according to reporting published ahead of the federal government's monthly employment report.
Nvidia Reportedly Invests $5 Billion in Safe Superintelligence
The chipmaker's strategic partnership with Ilya Sutskever's research lab couples new capital with access to Vera Rubin computing systems.
Exaforce Raises $125 Million for Real-Time AI Security Operations
The Bay Area cybersecurity startup is building agents that investigate attacks with a live knowledge graph rather than simply sorting alerts after they arrive.
Sierra Raises $950 Million as Enterprise AI Competition Intensifies
The customer-experience software company is valued above $15 billion as it races to make AI agents a standard interface for large brands.
ALSO Raises $200 Million and Adds DoorDash as an Autonomous Vehicle Partner
The Rivian spinoff reached a valuation above $1 billion while expanding from small electric vehicles into autonomous delivery systems.
Deccan AI Raises $25 Million to Build More Reliable Post-Training Data
The Mountain View startup is combining expert labor, evaluations and software infrastructure to improve AI systems after their initial training.
Lunar Energy Adds $232 Million to Scale Home Batteries and Virtual Power Plants
The Mountain View company plans to expand domestic manufacturing and coordinate more residential batteries as electricity demand strains the grid.