Super Micro co-founder engaged in backdoor scheme to divert Nvidia chips to China, U.S. government says

Shares of Super Micro fall, though the company itself was not named in the federal indictment that charged Wally Liaw and two others
FedEx beats on top and bottom lines, raises guidance on strong performance
FedEx posted strong fiscal third quarter results on Thursday and raised its guidance following a strong performance.
More Americans want to work into their 70s. Smart companies will work with them.

Many companies invest in early-career development but neglect retaining institutional knowledge at the other end of the career spectrum
Uber to invest up to $1.25 billion in EV maker Rivian in deal to launch 50,000 robotaxis
Uber plans to invest up to $1.25 billion in Rivian as part of a deal to deploy up to 50,000 robotaxis in several countries through 2031.
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An end to the Iran conflict should rally stocks — but only briefly

Private-credit cracks, high stock valuations and shaky IPO prospects will curb investors’ enthusiasm.
Major League Baseball names Polymarket exclusive prediction market partner
Major League Baseball is partnering with Polymarket to offer exclusive rights and data.
Global oil prices briefly tops $119 a barrel after Trump threatens to ‘blow up’ the world’s largest gas field

Global oil prices are back near their highest levels in nearly four years Thursday after Iran targeted energy production in the Gulf region.
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Almost 1 in 3 Americans doesn’t know when — or even if — they can retire

Some want to work to keep busy. Others can’t afford to stop.



