List of Flash News about Trump 2026
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2025-06-01 19:04 |
Trump's 2026 NSF Budget Cut Proposal: 55% Reduction and Its Impact on AI Stocks and Crypto Markets
According to Yann LeCun, the 2026 NSF budget request from Trump represents a drastic 55% reduction compared to 2024 (source: Yann LeCun, Twitter, June 1, 2025). This sharp funding cut is expected to slow down foundational AI research in the US, potentially decreasing the pace of AI innovation. For traders, this may shift investment momentum toward private sector AI companies and international research hubs, while weakening the long-term outlook for US-based AI stocks. The crypto market could see increased volatility as blockchain and DeFi projects may benefit from a relative increase in private funding and global collaboration, possibly boosting tokens tied to decentralized AI platforms (source: Yann LeCun, Twitter). |