September 29, 2026

By Nigam Arora

To gain an edge, this is what you need to know today.

AI Existential Risk

Please click here for a chart of leveraged semiconductor ETF (SOXL).

Note the following:

• Semiconductors reflect the AI trade, and SOXL is the momo crowd’s favorite.
• The chart shows that SOXL is consolidating right below the low band of zone 2 (resistance).
• RSI on the chart shows that SOXL can easily go either way.
• For prudent investors, it will be a tell if SOXL is able to break above the low band of zone 2 or if it pulls back.

• Anthropic, the maker of Claude, is issuing a stark warning in its IPO prospectus.