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MongoDB said its Atlas platform grew 30% from a year ago as it benefits from AI tailwinds
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Beta stock jumps 8% on $1 billion motor deal with air taxi maker Eve Air Mobility
This year has been big for air taxi technology companies, which have seen a boost from President Donald Trump’s pilot program to develop the sector. -
Okta beats third-quarter earnings expectations
Okta said its benefitting from artificial intelligence widespread product adoption -
South Korea FX Reserves up to 430.66B in November from previous 428.82B
South Korea FX Reserves up to 430.66B in November from previous 428.82B -
Trump: “Trump Accounts” to start July 4, 2026
Pres Trump is announcing that the self-called “Trump Accounts” are to start July 4, 2026. Eligible children born between 2025 and 2028 may receive a $1000 government contribution to jump-start long term savings.
Trump has also said that all qualified people may receive $2000 from the tariff pool. That idea has kinda died down.
Although deficits are high, giving away money is a good way to win over people.
Also today, Michael and Susan Dell announced a landmark $6.25 billion donation to support child investment accounts, providing $250 to each eligible child under age 10—reaching roughly 25 million children nationwide.
Details:
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The Dells pledged $6.25 billion to fund what are often called “Trump Accounts” — officially a child-savings scheme legislated under the 2025 tax and spending law.
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Their gift will deposit $250 into each eligible child’s account — intended to cover up to 25 million U.S. children under age 10 who otherwise wouldn’t qualify for the federal seed payment.
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The federal part of the program gives $1,000 to children born between January 1, 2025 and December 31, 2028. The Dells’ donation expands the benefit to a broader group.
There are some challenges and critcisms of the plan:
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The program’s actual benefit depends on long-term follow-through: parents or guardians must activate the accounts (expected by July 4, 2026), and ideally continue contributing for the full benefit. The initial gift alone isn’t a guaranteed path to prosperity without sustained involvement.
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Children in higher-income ZIP codes or above certain income thresholds may be excluded from the Dells’ $250 — meaning some families might not receive the benefit.
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The broader program (and donation) is part of a politically charged law — which means long-term success could depend on future political and regulatory changes.
This article was written by Greg Michalowski at investinglive.com.
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ChatGPT outage: OpenAI’s chatbot is down for some users
OpenAI said it is “currently experiencing issues” with ChatGPT but has applied a mitigation. -
President Trump tips hat toward Kevin Hassett as potential Fed Chair
US President Donald Trump teased that a possible pick from his list of potential Federal Reserve (Fed) Chair candidates could be Kevin Hassett, the current chairman of the National Economic Council, who was tapped by Donald Trump for the position. -
Boeing stock jumps 10% as CFO says company expects higher 737, 787 deliveries next year
Boeing CFO Jay Malave said Tuesday that the company expects deliveries of both the 737 and the 787 jets to be up next year. -
Trump refers to NEC director Hassett as potential Fed chair
President Trump referred to NEC Director Kevin Hassett as a potential nominee for Federal Reserve Chair. Recall that earlier today he said he plans to announce his choice in early 2026. Chair Powell’s current term does not expire until mid-May, and any successor must be confirmed by the Senate before formally taking the position. That means Hassett would only become Fed Chair after a successful confirmation vote.
Polymarket odds already show Hassett as the overwhelming favorite (68%), so his emergence as the likely pick is not a major surprise.
Calling him “the potential” Fed chair fits with the confirmation process.
Of course, it is a long way from the Fed Chair term ending (May 15th). Having said that, Fed Governor Miran is expected to and his term at the end of January. Trump may appoint Hassett for that post and have him harrass the lame duck chair until the end of his term (or force him to quit early.
This article was written by Greg Michalowski at investinglive.com.
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Gold retreats below $4,200 as traders cash out before Fed meeting
Gold (XAU/USD) dips some 0.80% on Tuesday as traders seem to be booking profits ahead of next week’s Federal Reserve (Fed) monetary policy meeting, amid a firm US Dollar. At the time of writing, XAU/USD trades at $4,193, after hitting a daily high of $4,240.
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