Comment on Stocks Struggle to Find Direction, VIX Up Almost 10% WTD

Comedian John Mulaney laid into tech bros and AI-obsessives during his closing night set at the annual Dreamforce conference in San Francisco this week. Kevin MazurJohn Mulaney roasted tech bros and AI-obsessives at Dreamforce in San Francisco. Dreamforce is an annual Salesforce event, and last year Seth Meyers pilloried the crowd.

Elon Musk has a fraught history with the US Securities and Exchange Commission. Slaven Vlasic/Getty ImagesThe US Securities and Exchange Commission isn't happy with Elon Musk. The financial regulator thinks Musk blew off court-ordered testimony to attend a SpaceX launch, according to a court filing. Musk's lawyer said the launch timing constituted an emergency and that sanctions are a "drastic action."The US Securities and Exchange Commission wants a federal judge to show Elon Musk that there will be serious costs if he blows off court-ordered testimony in the agency's probe of his takeover of Twitter, according to court documents filed Friday."Without further action by the Court, nothing deters Musk from violating the May 31, 2024 Order again by simply failing to show up for that date," Robin Andrews, an SEC attorney, wrote in a court filing.

Intel CEO Pat Gelsinger (left) and Qualcomm CEO Cristiano Amon (right)Getty ImagesThere's a chip manufacturing miasma hanging over Intel and the US. Qualcomm is reportedly interested in buying parts of Intel. A tie-up will not fix America's chipmaking woes."Real men have fabs," AMD cofounder Jerry Sanders once said. This was back in the late 1980s.

Intel CEO Pat GelsingerVMwareQualcomm approached Intel about a takeover, The Wall Street Journal reported. That potential deal could face antitrust scrutiny and political challenges. Intel has faced a decline in its valuation, and it plans to lay off 15,000 staff members. The chip giant Intel could be at a crossroads as it figures out its next steps amid its declining valuation and struggling business.

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Sebastian Stan and Adam Pearson at a screening of "A Different Man" in September. Dominik Bindl/Getty ImagesPresenter and disability rights campaigner Adam Pearson costars in "A Different Man" with Sebastian Stan. The movie centers on two men with neurofibromatosis (NF), a rare genetic condition. Pearson was diagnosed with NF at 5 years old and has appeared in various documentaries.