ADP private payrolls took center stage as the US shutdown, which has stifled the flow of official data, became the longest ever.

Gary Marcus, the former head of Uber AI Labs and longtime AI researcher, said a worst-case scenario could involve government bailouts of AI firms.

Stock futures were dropping again Wednesday as investors worried that valuations have become too bloated off the back of a blistering artificial-intelligence rally. Some on Wall Street are now predicting a prolonged selloff.

Stocks like USA Rare Earth and MP Materials are being pushed up and down on news flow from trade negotiations.

In the penultimate quarter before Warren Buffett is set to step down as CEO, Berkshire sold over $6 billion in common stock.

Goldman Sachs' CEO said the drawdown is likely to come in the next one to two years, while Morgan Stanley's boss said this wouldn't be a bad thing.

IonQ stock currently trades at 399.17 times sales, which is admittedly a very expensive valuation. However, the stock is being valued for its explosive future growth potential and its focus on commercializing quantum technology. While execution risks are high, IonQ's share prices can continue to grow even at elevated valuation levels.

Shares of DoorDash tumbled in extended trading Wednesday, after the delivery platform said it plans to increase investments in its business next year and that its recent acquisition of Deliveroo would contribute less to profits in 2026 than once anticipated.

Today will be the weekly expiry of the Sensex contracts. The Nifty has declined in three out of the last four trading sessions and the bulls will not be pleased as supports have failed to hold and every recovery is getting sold into.

Nvidia has especially moved the needle for TSMC's business through its dominance in the data center space. TSMC manufactures both Nvidia's Hopper chip architecture and its successor, Blackwell. It will also manufacture Blackwell's upcoming successor, Rubin.

Another month, another sales gain for Costco Wholesale Corp. For the four weeks ending Nov. 2, Costco had sales of $21.75 billion, the membership warehouse retailer said Wednesday. That marked an increase of 8.6%. Total same-store sales for the month were up 6.6%. Digital sales rose 16.6%.