Stephen Miller has been named Donald Trump’s new chief of staff, marking a significant shift in the former president’s inner circle. The appointment comes as Trump prepares for a potential 2024 campaign, with Miller — a longtime immigration policy architect and loyalist — expected to shape both domestic and foreign policy directions. Known for his hardline stance on immigration and conservative social policies, Miller’s role is anticipated to reinforce Trump’s populist agenda.
In financial news, AI stocks rebounded following a turbulent week for the Nasdaq, driven by renewed investor confidence in semiconductor and software firms. The market recovery suggests resilience despite recent volatility, with analysts citing strong earnings reports and strategic investments in generative AI technologies. Meanwhile, Tesla announced it is discontinuing the Cybertruck, citing production challenges and shifting consumer demand toward more conventional electric vehicles. The decision reflects broader industry trends as automakers reassess niche models in favor of scalable, mass-market designs.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing