World
Nvidia CEO Jensen Huang explains why chip exports to China are strategically important
In a Wednesday interview with CNBC’s Jim Cramer, Nvidia CEO Jensen Huang explained why he thinks it’s necessary to export his company’s artificial intelligence technology to China, saying trade with the country is vital if the U.S. wants to be a global leader in AI. “That’s probably the most important strategic reason to be in […]
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Credit default swaps are back in fashion — even if the panic might be overblown
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 27, 2025, in New York City. Timothy A. Clary | Afp | Getty Images Investors are getting nervous the U.S. government might struggle to pay its debt — and they are snapping up insurance in case it […]
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Asia-Pacific markets set to mostly climb as investors await Bank of Korea decision
Hongdae street in Seoul city, South Korea Twenty47studio | Moment | Getty Images Asia-Pacific markets were set to mostly climb Thursday as investors look toward the Bank of Korea decision. Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 38,350 while its counterpart in Osaka last traded at […]
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This is where JPMorgan sees stock opportunities in Europe over the next year
The first five months of 2025 have thrown some curveballs into European markets — led by a more extreme and volatile U.S. tariff policy than most had anticipated, with the European Union now seeking to stave off a threatened 50% base rate . Familiar themes have continued to play out with new dimensions. Inflation across […]
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Nvidia CEO Jensen Huang hammers chip controls that ‘effectively closed’ China market
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty Images As pleased as Wall Street was with Nvidia’s quarterly results on Wednesday, CEO Jensen Huang said the company is […]
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S&P 500 futures rise after Nvidia posts earnings beat: Live updates
Traders work on the floor of the New York Stock Exchange on May 28, 2025. NYSE S&P 500 futures rose Wednesday night, buoyed by a strong earnings report from artificial intelligence heavyweight Nvidia. Futures tied to the broad market index rose 0.3%, while Nasdaq 100 futures gained 0.5%. Dow Jones Industrial Average futures slipped 15 […]
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Mark Zuckerberg says Meta AI has 1 billion monthly active users
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta’s artificial intelligence assistant now has one billion monthly active users across the company’s family of apps, CEO Mark Zuckerberg said Wednesday at the company’s annual shareholder meeting. The […]
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Anthropic appoints Netflix Chairman Reed Hastings to AI startup’s board of directors
Reed Hastings speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021. David Swanson | Reuters Artificial intelligence startup Anthropic said Netflix Chairman Reed Hastings is joining its board of directors. Hastings, who co-founded Netflix in 1997 and served as CEO (and eventually co-CEO) of the streaming giant until […]
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Oil prices pick up as OPEC+ holds oil quotas ahead of July production review
A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. Maxim Shemetov | Reuters OPEC+ countries on Wednesday agreed to leave their formal output quotas unchanged, with market focus shifting toward potential increases from an eight-member subset of […]
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Abercrombie & Fitch soars 25% even as retailer slashes profit outlook due to tariffs
A Abercrombie & Fitch store is seen on April 09, 2025 in New York City. Michael M. Santiago | Getty Images Shares of Abercrombie & Fitch soared on Wednesday, even after the retailer slashed its profit outlook due to tariffs, which are expected to hit its business by $50 million. The company is now expecting […]
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