Month: August 2025
FBI raids home of John Bolton, former Trump national security advisor
Former National Security Adviser John Bolton speaks to reporters after speaking in a panel hosted by the National Council of Resistance of Iran – U.S. Representative Office (NCRI-US) at the Willard InterContinental Hotel on August 17, 2022 in Washington, DC. Anna Moneymaker | Getty Images FBI agents on Thursday morning raided the Maryland home of […]
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Stocks making the biggest moves premarket: Nvidia, Intuit, Workday, Ross Stores and more
Check out the companies making headlines before the bell. Nvidia – The artificial intelligence chip darling fell more than 1% after it reportedly asked some of its component suppliers to halt production of its H20 graphics processing units. The company is also reportedly having conversations with the U.S. government about shipping a more advanced chip […]
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Beekeeping, boxing and budgets: Meet the finance chief who’s about to lead WBD’s networks offshoot
Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels walks to a session at the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images By day, Gunnar Wiedenfels is the chief financial officer of Warner Bros. Discovery and the CEO-elect of Discovery Global, one half of […]
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Inside Texas Instruments’ $60 billion U.S. megaproject, where Apple will make iPhone chips
When Texas Instruments announced a $60 billion manufacturing megaproject in July, it was a bold bet that companies would want to mass produce foundational microchips on U.S. soil. In August, Apple vowed to do just that. During the same Oval Office press conference where President Donald Trump announced a 100% tariff on chips from companies […]
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The AI party isn’t over — these will be the winners and losers, Wedbush’s Dan Ives says
The artificial intelligence party isn’t over yet despite fears of a bubble, according to tech bull Dan Ives — and he’s got a handful of names in mind as winn ing and los ing from the trend . “My view is, you’re going to have these digestion periods, but you cannot get too nervous,” Ives, […]
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Are Britain’s rich packing up? Here’s what’s behind the tax crackdown fears
Ellevated view over London’s River Thames and city financial district skyline. Gary Yeowell | Digitalvision | Getty Images Stark warnings have surfaced since the U.K.’s tax crackdown on the wealthy that an exodus of the mega-rich is underway. Hard data has yet to back up the trend. At the heart of the potential flight are […]
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Nvidia in talks with U.S. to sell a more advanced chip to China, Jensen Huang says
Nvidia CEO Jensen Huang speaks to the media at a hotel in Beijing, China July 16, 2025. Alessandro Diviggiano | Reuters Nvidia is in talks with the U.S. government about shipping a new, more advanced chip to China, CEO Jensen Huang said on Friday. Earlier this week, Reuters reported the U.S. tech giant is developing […]
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Chocolate lovers, brace yourselves: prices are rising, but not forever
Dubai pistachio kunafa chocolate bars are displayed in Maple, Ontario, Canada, on May 11, 2025. Nurphoto | Nurphoto | Getty Images Chocolate lovers face another run of price rises as a lag impact from the cocoa market hits retailers — but better news may be in store by next Easter. Cocoa prices have soared in […]
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DeepSeek hints latest model will be supported by China’s ‘next generation’ homegrown AI chips
Anthony Kwan | Getty Images News | Getty Images Chinese artificial intelligence startup DeepSeek has hinted that China will soon have homegrown “next generation” chips to support its AI models, while announcing an update to one of its large language models. In a comment under a post on its official WeChat account, DeepSeek said the […]
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Stock futures are little changed ahead of Powell’s Jackson Hole speech: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2025. Brendan McDermid | Reuters U.S. stock futures were little changed early Friday ahead of Federal Reserve Chair Jerome Powell’s speech at Jackson Hole on Friday. Investors will be seeking clues on the path forward for […]
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