President Donald Trump surprised markets on Monday with a deal that was widely characterized as unusual: Nvidia and AMD will contribute 15% of their chip sales in China to the U.S. government. Treasury Secretary Scott Bessent has leaned into this new export revenue-sharing deal, saying it could serve as a blueprint for other industries. In a TV interview with Bloomberg …
Read More »Tag Archives: Industries
More than half of industries are already shedding workers, a ‘telling’ sign that’s accompanied past recessions, top economist says
The U.S. economy isn’t in a recession yet, but the number of industries cutting back on headcount is concerning, and future revisions to jobs data could show employment is already falling, according to Moody’s Analytics chief economist Mark Zandi. In a series of X posts on Sunday, he followed up his warning from last weekend that the economy is on …
Read More »Personalized pricing has spread across many industries. Here’s how consumers can avoid it
Recently, Delta Air Lines announced it would expand its use of artificial intelligence to provide individualized prices to customers. This move sparked concern among flyers and politicians. But Delta isn’t the only business interested in using AI this way. Personalized pricing has already spread across a range of industries, from finance to online gaming. WATCH: What to know about Delta’s …
Read More »Baker Hughes bets on LNG, data center demand with $13.6 billion Chart Industries deal – Reuters
Baker Hughes bets on LNG, data center demand with $13.6 billion Chart Industries deal Reuters This oil company is spending $14 billion to be part of the AI data-center business MarketWatch This Stock Breaks Out On 16% Surge After S&P 500 Sector Giant Pulls Trigger On $13.6 Billion Deal Investor’s Business Daily Baker Hughes’ Big New Deal Shows Why It’s the Top Oil …
Read More »Baker Hughes to Acquire Chart Industries, Accelerating Energy & Industrial Technology Strategy – Baker Hughes
Baker Hughes to Acquire Chart Industries, Accelerating Energy & Industrial Technology Strategy Baker Hughes Baker Hughes bets on LNG, data center demand with $13.6 billion Chart Industries deal Reuters This oil company is spending $14 billion to be part of the AI data-center business MarketWatch This Stock Breaks Out On 16% Surge After S&P 500 Sector Giant Pulls Trigger On $13.6 Billion Deal Investor’s …
Read More »CEA Industries Stock Is Seeing a Meme-Like Surge on Crypto Treasury Play
A tiny nicotine vape company is going parabolic on Monday on a plan to be the latest firm to join in on the crypto treasury craze. CEA Industries, which produces nicotine vapes and primarily serves Canada’s market, announced a strategic pivot Monday morning. A company statement said that CEA is taking steps to establish what will become the world’s largest publicly …
Read More »Trump Aims Tariff Double Whammy at Industries, Nations by Aug. 1 – Bloomberg
Trump Aims Tariff Double Whammy at Industries, Nations by Aug. 1 Bloomberg Trump Threatens Pharma Tariffs Soon. Why the Stocks Are Looking Healthy. Barron’s Trump threatens to impose drug and chip tariffs as soon as 1 August The Guardian Can Eli Lilly Stock Withstand the Threat of President Trump’s New Sweeping Tariffs? The Motley Fool Trump’s real threat: industry-specific tariffs The Economist Source link
Read More »