Month: August 2025
CNBC Daily Open: Nvidia’s investors may be barking up the wrong tree
A Nvidia logo is pictured on its facility at the High-tech park at Yokne’am, in northern Israel on July 9, 2025. Shir Torem | Reuters Market watchers might be perplexed by the seemingly contradictory moves of Nvidia’s shares in extended trading. The company beat expectations for its second-quarter results, and its forward revenue guidance also […]
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France’s latest budget crisis poses risk to defense investment pledges
The latest clash between French lawmakers over reducing the country’s hefty public deficit could see its defense spending pledges fall to the wayside, analysts say. That would come as a blow to the likes of Thales , Dassault Aviation , Safran and Leonardo -owned MBDA — domestic defense players that have rallied this year on […]
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Japan’s top trade negotiator cancels trip to U.S. over trade deal issues
Ryosei Akazawa, Japan’s economic revitalization minister, speaks to members of the media at the Japanese embassy in Washington D.C. on June 6, 2025. Bloomberg | Bloomberg | Getty Images Japan’s top trade negotiator Ryosei Akazawa canceled a trip to the United States on Thursday over issues related to the U.S.-Japan trade deal. In a statement, […]
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Microsoft fires two employees over breaking into its president’s office
Pro-Palestinian demonstrators hold banners and signs as they protest outside the Microsoft Build conference at the Seattle Convention Center in Seattle, Washington on May 19, 2025. Jason Redmond | Afp | Getty Images Microsoft on Thursday said that it had terminated two employees who broke into President Brad Smith’s office earlier this week. The news […]
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Lynas flags uncertainty over Texas rare earths plant, posts profit slump
Australia’s Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas. Bloomberg | Bloomberg | Getty Images Australia’s Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas and also reported a steeper-than-expected drop in its annual profit on Thursday. Lynas, the world’s largest rare-earths producer outside China, said it is in negotiations with the U.S. […]
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Qantas shares surge to record high as profit jumps on robust travel demand
A Qantas Airways Boeing 737 aircraft takes off from Sydney International Airport in Sydney on August 18, 2025. David Gray | Afp | Getty Images Shares of Australian flag carrier Qantas rose to a record high Thursday after its full-year earnings results beat estimates, buoyed by resilient demand across its domestic and international networks. Qantas […]
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Bank of Korea keeps rates unchanged on Seoul’s housing market risks; upgrades GDP and inflation forecasts
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images South Korea’s central bank kept its policy rate unchanged at 2.5% for its second straight meeting to assess housing prices in the capital further, after prices […]
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CNBC Daily Open: Are investors missing the Nvidia forest for the AI tree?
An Nvidia chip is seen through a magnifying glass in Beijing, China, on August 1, 2025. Vcg | Visual China Group | Getty Images Market watchers might be perplexed by the seemingly contradictory moves of Nvidia’s shares in extended trading. The company beat expectations for its second-quarter results, and its forward revenue guidance also surpassed […]
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Asia-Pacific markets poised to trade lower; Bank of Korea policy decision in focus
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were poised to trade lower Thursday as investors await the Bank of Korea policy decision. Japan’s Nikkei 225 was on course to open lower, with […]
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Nvidia CEO Huang says bringing Blackwell AI chip to China ‘is a real possibility’
Nvidia CEO Jensen Huang waves to a crowd as he leaves the China International Supply Chain Expo (CISCE) in Beijing on July 17, 2025. Jade Gao | Afp | Getty Images Nvidia CEO Jensen Huang said there’s a “real possibility” the company brings its advanced Blackwell processor to China as he urges the U.S. government […]
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