China
TikTok took the world by storm. Now, Chinese companies are taking videos further with AI
Key Points “Competition in AI video generation models is at an earlier stage, and some Chinese companies have emerged as early leaders in this space,” said Wei Xiong, China internet analyst at UBS Securities. “Whether it’s user scale or commercial revenue, overseas accounts for the majority,” Zeng Yushen, head of operations at Kling AI, a […]
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You can bet on the words that will be said on Apple’s earnings call like ‘Tariff’ and ‘Severance’
Key Points Bets from Kalshi users priced in a roughly 90% probability that Apple’s earnings call after the bell Thursday would feature words like “China” and “Tariff,” as well as a more than 50% chance that “Severance” would be mentioned. Kalshi’s question on what will be said during Apple’s earnings call has generated almost $43,000 […]
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Starbucks is about to report earnings. Here’s what to expect
Consumers walk in front of a Starbucks coffee shop in Galeria Krakowska shopping mall in central Krakow, Poland, on July 11, 2025. Dominika Zarzycka | Nurphoto | Getty Images Starbucks is expected to report its fiscal third-quarter earnings after the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company […]
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Trump approval needed to extend U.S.-China tariff pause, negotiators say
A potential extension of a tariff pause between the United States and China will not be agreed to until President Donald Trump signs off on the plan, U.S. negotiators said Tuesday. Trump “has final say on all the trade deals” and the pending tariff truce, Treasury Secretary Scott Bessent told CNBC’s Eamon Javers. The remarks […]
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Rare earths are China’s bargaining chip in the trade war — the U.S. is trying to fix that
Rare earths refer to 17 elements on the periodic table whose atomic structure gives them special magnetic properties. They’re also the most important bargaining chip in the U.S. and China trade war. That’s because these rare earth magnets power everything from electric vehicles and wind turbines to defense equipment, data centers and high-tech consumer electronics. […]
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Merck plans $3 billion cost cuts by end of 2027, narrows full-year outlook
Merck & Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, April 8, 2025. Michael Nagle | Bloomberg | Getty Images Merck on Tuesday said it will slash $3 billion in costs by the end of 2027 to be fully reinvested to support new product launches […]
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Nvidia orders 300,000 H20 chips from TSMC due to robust China demand, Reuters reports
Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week. Chesnot | Getty Images Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile. The Trump administration this month allowed Nvidia to resume sales of H20 graphics processing units […]
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Cadence to plead guilty and pay $140 million to U.S. for China sales
The logo of Cadence Design Systems is pictured outside the company’s offices in San Jose, California, U.S., January 31, 2020. Stephen Nellis | Reuters Cadence Design agreed to plead guilty and pay more than $140 million to resolve U.S. charges for selling its chip design products to a Chinese military university believed to be involved in simulating […]
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Chinese exports to U.S. could decrease by $485 billion by 2027: Tariff simulator
A cargo ship loads and unloads foreign trade containers at Qingdao Port in Qingdao, Shandong Province, China, on July 25, 2025. Nurphoto | Nurphoto | Getty Images Exports from China to the U.S. could fall by close to a half-trillion dollars ($485 billion) between now and 2027, according to a tariff simulator that forecasts shifts […]
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Trump trade rep sets low bar for China trade talks, no ‘enormous breakthrough’ expected
U.S. Trade Representative Jamieson Greer said Monday that China’s willingness to hold trade talks with the United States this week is a “good sign,” but he is not expecting any “enormous breakthrough.” “I don’t expect some kind of enormous breakthrough today, what I expect is continued monitoring and checking in on the implementation of our […]
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