Cambricon, a China-based semiconductor firm, posted record profits in the first half of the year, along with revenue that surged roughly 4,300%. The earnings, released late Tuesday, serve as an example of Nvidia’s growing local competition in China, as the government and market seek alternative chipmakers to gain traction in the region. Nvidia’s business in China has been tied up …
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Stocks decline after Friday's jump, US dollar climbs – Reuters
Stocks decline after Friday’s jump, US dollar climbs Reuters Stocks close lower to start the week as Nvidia’s gains fail to prop up Nasdaq CNBC Dow Falls As Markets Brace For Nvidia Earnings; These Stocks Stumble On Trump Tariff Threat Investor’s Business Daily Stock market today: Dow slides from record, S&P 500, Nasdaq fall with Nvidia earnings looming Yahoo Finance Stock Market Today: Dow …
Read More »Jobless claims jump to 2-month high — but still no sign of rising U.S. layoffs – MarketWatch
Jobless claims jump to 2-month high — but still no sign of rising U.S. layoffs MarketWatch US applications for jobless benefits rise last week, but layoffs remain historically low ABC News US weekly jobless claims rise to highest since June Reuters U.S. Jobless Claims Rose Last Week The Wall Street Journal Higher-Than-Expected Jobless Claims Weigh Down Treasury Yields Barron’s Source link
Read More »Intel shares jump as Softbank to buy $2bn stake in chip giant
Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (£1.5bn) stake in the US computer chip maker. The announcement came just hours after new reports that the Trump administration is in talks to take a stake of around 10% in Intel by converting government grants into shares. The potential deal, which was first …
Read More »Intel shares jump after report of possible US stake in company
Shares in Intel jumped by more than 7% on Thursday, following reports that the Trump administration is in talks to take a stake in the chipmaker. The reported deal would support the technology firm’s plans to build a manufacturing hub in Ohio, according to Bloomberg, which said the size of the potential stake is not clear. White House spokesman Kush …
Read More »Aviva’s Profit Jump Boosts Shares to Near 18-Year High – The Wall Street Journal
Aviva’s Profit Jump Boosts Shares to Near 18-Year High The Wall Street Journal Insurer Aviva raises dividend after jump in half-year profit uk.finance.yahoo.com Price increases drive Aviva shares to highest level since financial crisis Financial Times Aviva share price highest since 2007 after profit jumps by a fifth MSN 2025 Interim Results Announcement Investegate Source link
Read More »Odds of Trump tapping David Zervos for Fed chief jump on Kalshi
David Zervos, Jefferies Scott Mlyn | CNBC The chances that Jefferies Chief Market Strategist David Zervos will become the next Federal Reserve chair are jumping on prediction market Kalshi as the Trump administration considers several candidates to succeed current Fed Chair Jerome Powell once his term expires next year. Users on Kalshi increased their bets that President Donald Trump will …
Read More »US July Tariff Revenue Jump Fails to Halt Wider Budget Deficit – Bloomberg.com
US July Tariff Revenue Jump Fails to Halt Wider Budget Deficit Bloomberg.com U.S. deficit grows to $291 billion in July despite tariff revenue surge CNBC US budget deficit has widened by $109B from a year ago despite influx of tariff revenue Fox Business US July budget deficit up 20% year-over-year despite record Trump tariff income The Boston Globe US budget deficit up 20% year-over-year …
Read More »Lithium Stocks Jump After CATL Suspends Operations at China Mine – Bloomberg.com
Lithium Stocks Jump After CATL Suspends Operations at China Mine Bloomberg.com CATL suspends production at China lithium mine, Bloomberg News reports Reuters CATL says it has suspended mining operations at Yichun project MarketScreener Permit Issues in China’s Lithium Capital: 2025 Regulatory Crackdown Discovery Alert Secondary battery stocks rise as China restructures industry and halts production – CHOSUNBIZ Chosun Biz Source link
Read More »Crypto may be coming to 401(k)s, but it’ll be a while before savers can jump in
The crypto market this week cheered as President Donald Trump signed an executive order meant to open retirement plans to alternative assets including cryptocurrencies. The move from the White House has the potential to be a game changer for the adoption of digital assets. It could help turn them into mainstays of the U.S. financial market by expanding access and …
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