at 40 major airports in response to the government shutdown and the lack of air traffic controllers. The drastic plan sent airlines scrambling to make significant reductions in flights in just 36 hours, and passengers flooded airline customer service hotlines with concerns about air travel in the coming days. It will be a big hit for the economy and the stock market. The Volatility Index hit $20.

Apple plans to use a 1.2 trillion-parameter artificial intelligence model developed by Alphabet's Google to help power a revamp of its Siri voice assistant. The companies are finalizing a deal that would have Apple pay about $1 billion a year for access to Google's technology. The iPhone maker will use Google's Gemini model as a stopgap until its own systems are ready, Bloomberg reported. The model's 1.2 trillion parameters, a measure of AI model complexity, would dwarf Apple's current systems.

AI startup Perplexity will pay Snap $400 million over one year in cash and equity, with revenue contributions expected from 2026. The integration will offer verifiable answers to users' questions within the Snapchat app.

but the shares fell 3%, topping third-quarter profit estimates on Wednesday as retail traders shrugged off bubble fears, and the online brokerage announced the retirement of its longtime finance chief. The results suggest that small investors seized opportunities presented by the momentum in the markets and drove up trading volumes in crypto, options, and equities. Buy (HOOD) on dips.

in the wake of the shutdown of its Kentucky hub after a fatal crash. It looks like an engine fell off after takeoff. No pilot can beat that.