U.S.
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The U.S. government shut down after midnight as Congress failed to pass a spending bill. Reuters+1
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Wall Street futures dropped ~0.5% to 0.6% entering the session amid shutdown uncertainty. AP News+1
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Nike reported quarterly revenue of $11.7 billion—up ~1% year-over-year—and beat EPS estimates. Investopedia
World
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China banned major tech firms, including ByteDance and Alibaba, from purchasing certain Nvidia chips. Financial Times
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A UK tech investor warned of “disconcerting” signs of a valuation bubble in AI stocks. The Guardian
Business / Markets
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Gold rose to a record high near $3,895 per ounce following the U.S. shutdown. Reuters+1
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U.S. stock futures were mixed: the S&P 500 and Nasdaq futures fell ~0.5%, while global markets showed varied performance. Reuters+1
Tech / Media
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Electronic Arts agreed to be acquired in a $55 billion go‑private deal led by PIF, Silver Lake, and Affinity Partners. AP News
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Genius Sports named Bryan Castellani, formerly of ESPN and Warner Music, as its new Chief Financial Officer. Financial Times Markets
