Cerebras stock hits post-IPO low, tumbling 20% for the week on Nvidia pressure and lockup expiration

CNBC - Oct 2, 2026

Cerebras shares hit an all-time low due to pressure from chip giant Nvidia, plus a post-lockup selloff.

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US official says Trump does not view talks with N. Korea as 'concession'
Oct 3, 2026
US official says Trump does not view talks with N. Korea as 'concession'

WASHINGTON — U.S. President Donald Trump does not view talks with North Korea as a "concession" and is willing to engage Pyongyang if doing so serves U.S. national interests, the State Department spokesperson said Friday. Tommy Pigott, spokesperson for the State Department, made the remarks when asked how the U.S. government is supporting Trump's stated willingness to meet Kim amid renewed attention to the prospects of diplomacy between Washington and Pyongyang. "The determination comes from a president who doesn't believe talking to someone is a concession," Pigott said during a meeting with foreign reporters in Washington. "If it's in our national interest to talk to someone, he's going to talk with them." Trump has recently expressed his intention to meet Kim later this year, with the White House reiterating that the president remains open to talks with the North Korean leader "without any preconditions." Pigott also said the U.S. remains committed to the "complete" denuclearization of North Korea. "Our policy regarding the complete denuclearization of North Korea remains the same,"

White House official stresses shipbuilding cooperation with S. Korea, need to reward investors
Oct 3, 2026
White House official stresses shipbuilding cooperation with S. Korea, need to reward investors

WASHINGTON — A senior White House official on Friday underscored the need for shipbuilding cooperation with South Korea and Japan, as U.S. President Donald Trump's administration strives to rebuild the United States' shipbuilding industry and its Navy. Russell Vought, director of the White House Office of Management and Budget, made the remarks during a forum in Washington, also highlighting the need to reward companies that come to the United States and make investments there. "We're going to be doing ... with the Japanese and South Koreans," he said during the forum hosted by the Hudson Institute. "We want to learn from them. We want to see how they make ships and then apply it here." Vought mentioned "major investments" by South Korea's Hanwha Group to acquire Philly Shipyard in Philadelphia, stressing the need to open up federal contracting opportunities to other companies rather than just "prioritizing the primes," firms that the U.S. government has traditionally worked with. In addition, the official called for rewarding companies that invest in the U.S. "I think we need to reward

Here's why experts say now is an ideal time to protect yourself from flu
Oct 3, 2026
Here's why experts say now is an ideal time to protect yourself from flu

It’s October and time for flu shots. Medical experts urge getting a flu vaccination soon, before influenza starts spreading widely — and to get up to date on protection against other fall respiratory viruses, too. Updated COVID-19 shots are available now, plus shots for people especially vulnerable to another winter risk called RSV. While these infections make many people feel miserable for a few days before they recover, every year flu alone causes hundreds of thousands of hospitalizations in the U.S. and kills tens of thousands. Vaccination isn’t “a guarantee that we’re going to prevent illness. But just like the seat belt in your car, it decreases risk” of the worst outcomes, said Dr. Ryan Stanton of the American College of Emergency Physicians. Fall vaccine advice usually comes from the Centers for Disease Control and Prevention and its independent advisory panel. But this year that panel, which influences state and insurance vaccine policies, is caught in a court battle and the CDC hasn't updated its flu advice. Now doctors’ groups are filling the gap: the American Acad

NY governor says Cornell rape accuser 'failed' by people obligated to protect her
Oct 3, 2026
NY governor says Cornell rape accuser 'failed' by people obligated to protect her

NEW YORK — The woman who accused members of a Cornell University fraternity of gang rape was “failed” by people obligated to protect her, including campus police and the county prosecutor, New York Gov. Kathy Hochul said Friday. Hochul said at a news conference that she decided to appoint Attorney General Letitia James as a special prosecutor to take over the investigation after learning “troubling details” about how authorities have handled the woman’s claims thus far, including that the district attorney closed the case without having anyone interview the accuser or anyone else involved in the alleged attack. “In what world does the district attorney not even interview her, or anyone else involved, or even request the full transcript?” Hochul said. “This woman, this young woman, had already endured something that is utterly unspeakable. And then at every turn, she was failed by people and institutions with an obligation to protect her.” She also assailed the Cornell University Police Department for not fully conveying the woman’s story to prosecutors. “After thi

US stocks rise near record after latest jobs report calms rattled bond market
Oct 3, 2026
US stocks rise near record after latest jobs report calms rattled bond market

NEW YORK — U.S. stocks are rising near their all-time high on Friday after the latest jobs report cooled worries that a potentially hot U.S economy could make inflation much worse. The S&P 500 rose 0.7 percent and pulled within 1 perce. of its record set in August . The Dow Jones Industrial Average was up 164 points, or 0.3 percent, as of 11:45 a.m. Eastern time, and the Nasdaq composite was 1.2 percent higher. All of Wall Street got a jolt after the U.S. government said employers across the country added 29,000 jobs to their payrolls last month. That was fewer than economists expected and a slowdown from August’s hiring rate of 133,000. More importantly for financial markets, it tamped down concerns that the U.S. economy could be so strong that it could fuel inflation even higher. Inflation has remained much worse than anyone would like, and the Federal Reserve recently raised its main interest rate for the first time in three years to try to rein in the painful increases for the cost of living. Even though Americans are feeling more frustrated about inflation and their finances, th

G7 nations will release 100 mil. barrels of oil and diesel fuel after prices soar
Oct 3, 2026
G7 nations will release 100 mil. barrels of oil and diesel fuel after prices soar

WASHINGTON — The Group of Seven industrial nations said Friday that they plan to release 100 million barrels of oil and fuel products in the coming weeks, starting with “substantial” amounts of diesel after the fuel recently hit record high prices in the United States. President Donald Trump said the diesel release would happen “immediately," while a G7 statement promised a “frontloaded substantial release” of diesel within the next 20 days. Trump and his Republican Party face pressure to address surging prices ahead of the Nov. 3 midterm elections , and Trump announced the action Friday on social media. The president's approval ratings on the economy hit a new low, according to an AP-NORC poll , as the Iran war and his trade battles have increased U.S. prices for oil and other goods. Gas prices in the U.S. and abroad have soared during the eight-month-long war , a cost Trump has repeatedly said is worth it for making sure Iran does not obtain nuclear weapons. The national average for a gallon of diesel in the U.S. was $6.37 on Friday, according to AAA, after hitting a recor

Paris fashion defies bruised luxury industry with golden glamour and skimpy outfits
Oct 3, 2026
Paris fashion defies bruised luxury industry with golden glamour and skimpy outfits

PARIS — Saint Laurent sent out a river of gold, as giant chandeliers bathed a glossy black outdoor runway with golden light and the Eiffel Tower shimmered in the background. The extravagant show was attended by Catherine Deneuve, Kate Moss , Hailey Bieber and Rami Malek, while elsewhere at Paris Fashion Week Jennifer Lopez took her seat at Stella McCartney’s rain-soaked gardens. Rihanna turned out for the upstarts at the conceptual fashion house Matières Fécales, which translates as “fecal matter.” Whatever its financial troubles — and there are many — Paris retained its ability to assemble stellar front rows and impressive staging this season. Midway through spring-summer 2027, shows crystallized into three stories: glamour on a grand scale; a great undressing; and an industry working couture technique into T-shirts and jeans while asking itself, nervously, who all of this is for. Full-on glamour at Saint Laurent despite luxury sector losing its crown Last month, cosmetics giant L’Oréal overtook LVMH as France’s most valuable listed company. It's the first time since 2

Seoul's anger at Kyiv over POWs may reflect NK concerns
Oct 3, 2026
Seoul's anger at Kyiv over POWs may reflect NK concerns

SEOUL — South Korea’s president threatened Friday to take unspecified punitive steps against Ukraine if it refuses to apologize over its revelation of a supposedly secret transfer of two North Korean prisoners of war to South Korea. Seoul and Kyiv are embroiled in a diplomatic dispute, with Seoul strongly protesting against Ukrainian President Volodymyr Zelenskyy’s disclosure of the transfer during his U.N. speech last week. South Korea accuses Ukraine of violating a nondisclosure agreement on the transfer, but Kyiv has denied agreeing to such a deal. The arrival of the North Korean soldiers in mid-September could also spell trouble for South Korea's liberal government, which hopes to improve ties with Pyongyang. But despite an escalation in its rhetoric, many experts say Seoul isn't likely to take any drastic steps because maintaining good relations with Ukraine is in its national interests and will support its partnerships with other Western nations. The soldiers had been among thousands of North Korean troops sent to support Russian President Vladimir Putin’s war against Ukra

Trump threatens to 'charge' Korea 'more' if it rejects Alaska LNG project
Oct 3, 2026
Trump threatens to 'charge' Korea 'more' if it rejects Alaska LNG project

WASHINGTON — U.S. President Donald Trump on Friday threatened to "charge" Korea "more" if it does not agree to invest in a liquefied natural gas (LNG) project in Alaska, which he has claimed the Asian country will participate in. Trump made the remarks during a press availability at the White House, two days after he unveiled the first package of Korea's U.S. investment projects under last year's bilateral trade deal, which he said consists of the LNG project, the construction of a gas-fired power plant in Texas and eight large-scale nuclear power plants. On the LNG project, Seoul has said that it has not yet finalized a decision on whether to participate. "I didn't jump the gun. I mean, they were there and they were represented," he told reporters. "And let's see, if they don't want to do it, that's okay with me. I'll just charge them more." After asking a reporter, "They said they didn't sign it?," Trump said, "Tell them if they don't sign shortly, I'm going to double it up." It remains unclear what he will "charge" Korea should Seoul not agree to invest in the Alaska project. U.S. Com

5 Indian Seafarers Rescued After Kuwait-Flagged Tanker Hit By Projectile In Hormuz: Embassy
Oct 3, 2026
5 Indian Seafarers Rescued After Kuwait-Flagged Tanker Hit By Projectile In Hormuz: Embassy

All five were safely evacuated from the vessel, and the mission thanked Omani authorities for their assistance during the operation.

Dự đoán tỉ số Asiad: U23 Uzbekistan ‘gieo sầu’ cho U23 Trung Quốc
Oct 3, 2026
Dự đoán tỉ số Asiad: U23 Uzbekistan ‘gieo sầu’ cho U23 Trung Quốc

Lúc 13h ngày 3-10 (giờ Việt Nam), U23 Trung Quốc sẽ đối đầu với U23 Uzbekistan trong khuôn khổ trận tranh hạng ba môn bóng đá nam Asiad 20.

Lịch trực tiếp chung kết bóng đá nam Asiad 20: Hàn Quốc đấu Nhật Bản
Oct 3, 2026
Lịch trực tiếp chung kết bóng đá nam Asiad 20: Hàn Quốc đấu Nhật Bản

Lúc 17h30 ngày 3-10, U23 Hàn Quốc sẽ đối đầu chủ nhà U23 Nhật Bản ở chung kết môn bóng đá nam Asiad 20.

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