US Secretary of Defense faces impeachment vote, to hold rare press conference tonight.
23 minutes ago
US Defense Secretary Pete Hegseth will hold a rare press conference at the Pentagon on Tuesday local time, with a vote on his impeachment expected by members of Congress this week. The press conference is scheduled for 8 a.m. Eastern Time (21:00 Beijing Time). The day prior, Republican Congressman Thomas Massie submitted revised impeachment articles against Hegseth. The resolution accuses Hegseth of abusing his authority, including launching a war against Iran without congressional approval, ignoring laws aimed at minimizing civilian casualties, and retaliating against Democratic Senator Mark Kelly, among other actions. Under House of Representatives rules, a vote on the resolution must be scheduled within two legislative days. House Democratic Leader Hakeem Jeffries, who represents New York State, said Monday afternoon that he will firmly support the impeachment resolution. He told reporters that Hegseth "abused power" and was "the architect of this reckless, costly and failed preemptive war against Iran". It remains unclear whether any other Republican lawmakers will back the impeachment articles besides Massie. Massie said Monday afternoon that he has not received any commitments from other Republican lawmakers to support the measure.
Mizuho Bank cuts NVIDIA's price target from $315 to $250.
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Anthropic: IPO target valuation of around $1 trillion, set to start trading next Thursday.
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Anthropic's investors include Micron Technology, Microsoft, TSMC, and NVIDIA.
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Anthropic: Annualized revenue stood at approximately $81 billion as of October 31.
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Wells Fargo: Cuts NVIDIA's price target from $315 to $300, while maintaining an "Overweight" rating.
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