Michael Dell 'Super Excited' to See Kids' Accounts Grow

Stocks rose as Bitcoin experienced a notable rebound, climbing back above $90,000 after a significant selloff that had previously erased nearly $1 billion in leveraged bets. This recovery was highlighted during the U.S. market close coverage on Bloomberg Television, where analysts discussed the implications for investors and the broader market.

YouTube is preparing to comply with Australia's forthcoming ban on social media access for individuals under 16, which is set to take effect on November 10. Despite initially rejecting the inclusion in the crackdown and considering a court challenge, the company is now taking steps to align with the new regulations aimed at enhancing online safety for minors.

Amazon unveiled new AI chips and models during its AWS Re:Invent conference, showcasing advancements in artificial intelligence technology. This launch is part of Amazon's ongoing efforts to enhance its cloud services and AI capabilities, aiming to meet growing demand in the tech industry.

Oracle Corp.'s credit risk gauge has reached its highest level since the 2009 financial crisis, driven by a surge in bond sales from major tech firms and growing fears of a bubble in the artificial intelligence sector. This spike reflects increasing investor anxiety about the sustainability of Oracle's debt amid its significant investments in AI technology.

Michael Dell, CEO of Dell Technologies, announced a $6.25 billion initiative to provide $250 each to 25 million American children, aimed at jumpstarting investment accounts for their futures. This initiative builds on the Invest America program, also known as 'Trump accounts,' which was established earlier this year under President Donald Trump's One Big Beautiful Bill Act.

CrowdStrike Holdings Inc. has raised its fiscal 2026 guidance, indicating strong demand for its growing range of artificial intelligence-enabled cybersecurity products. This adjustment reflects the company's positive momentum in the technology sector.

Marvell Technology Inc. announced its intention to acquire Celestial AI, leading to a surge in its shares as investors reacted positively to the news. The company emphasized that its custom chip-design unit is securing repeat orders, indicating robust growth amid increasing demand for AI computing solutions.

A federal investigation has been launched into Bitmain Technologies Ltd, a major Chinese manufacturer of Bitcoin-mining machines, to determine if its products pose a national security threat to the United States. This scrutiny follows the sale of 16,000 mining machines to a venture backed by Donald Trump's sons, raising alarms among security experts like David Feith from the Hudson Institute.