Jakub Porzycki | Nurphoto | Getty ImagesNvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said.The GPU or graphics processing unit will be part of Nvidia’s latest generation Blackwell-architecture AI processors and is expected to be priced between $6,500 and $8,000, well below the $10,000-$12,000 the H20 sold for, according to two of the sources.The lower price reflects its weaker specifications and simpler manufacturing requirements.It will be based on Nvidia’s RTX Pro 6000D,…
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Secretary of Defense Pete Hegseth attends a Cabinet meeting at the White House on April 10, 2025 in Washington, DC. President Trump convened a Cabinet meeting a day after announcing a 90-day pause on ‘reciprocal’ tariffs, with the exception of China. Anna Moneymaker | Getty ImagesBedeviled by leaks to the media during his short tenure, Defense Secretary Pete Hegseth issued a series of restrictions on the press late Friday that include banning reporters from entering wide swaths of the Pentagon without a government escort — areas where the press has had access in past administrations as it covers the activities…
President and CEO of Nvidia Jensen Huang speaks at a forum at the U.S. Capitol in Washington, DC on April 30, 2025.Kevin Dietsch | Getty Images News | Getty ImagesNvidia CEO Jensen Huang on Saturday praised U.S. President Donald Trump’s efforts to boost U.S. technology as the leading chipmaker announced a partnership with a group of Swedish businesses to develop AI infrastructure in Sweden.Nvidia will provide its latest generation AI data center platform to a group of Swedish companies, including telecoms gear maker Ericsson and drug developer AstraZeneca.Nvidia has announced a number of similar partnerships in recent weeks in Saudi…
One place investors can turn to in this volatile market is agency mortgage-backed securities, according to Janus Henderson. The assets —debt obligations created out of a pool of mortgages and backed by the federal government — have historically been resilient in market selloffs, explained John Kerschner, head of U.S. securitized products and a portfolio manager at Janus. Stocks retreated on Friday after President Donald Trump resumed his threat of higher tariffs , this time leveled against Apple and the European Union . Treasury yields, which move inversely to prices, pulled back from their recent highs. Agency MBS are also relatively…
Goldman Sachs revealed recently several buy-rated stocks that analysts at the investment bank say are set to rise. The Wall Street firm says these companies are resilient and that investors should quickly buy them. CNBC Pro combed through Goldman Sachs research to find five stocks that it says have more upside. They include: Microsoft , KinderCare, Lyft, Woodward and Diamondback. KinderCare Buy the dip in shares of the early childhood learning company, according to analyst George Tong While KinderCare’s most recent earnings report was mixed, Goldman is doubliing down on the stock. “While sales cycles have elongated, the company noted…
If you just bought a house, it may be a good time to check the accuracy of your property tax assessment, experts say. Your property tax assessment is the way officials determine the value of your property for tax purposes. Inaccuracies about your home that factor into that formula could mean that you’re overpaying.If it’s inaccurate, you likely have most of the essential documents you need to appeal, as part of your recent home purchase, according to Sal Cataldo, a real estate lawyer and partner at O’Doherty & Cataldo in Sayville, New York. The title report, for instance, is going to tell…
College comes with a hefty price tag. If you own your home, you may be considering funding your child’s education with a or a instead of taking out student loans.But should you?There are upsides to tapping into your home equity for higher education, but serious downsides, as well.Using home equity for collegeHow to use home equity to pay for collegeHome equity loans and HELOCs are second mortgages that allow you to borrow against the equity you’ve built up while paying your mortgage. The money can be used for anything — home improvements, paying down debt and, yes, your children’s tuition and room…
OLEKSIJEVA DRUZHKIVKA, UKRAINE – MAY 23: View of destruction after Russian shelling of the private sector in Oleksijeva Druzhkivka, Donetsk oblast, Ukraine on May 23, 2025. (Photo by Jose Colon/Anadolu via Getty Images)Anadolu | Anadolu | Getty ImagesRussia launched dozens of attack drones and ballistic missiles at Kyiv overnight in one of the biggest combined aerial attacks on the Ukrainian capital of the three-year war, damaging several apartment buildings and injuring 15 people.Ukrainian President Volodymyr Zelenskiy said in a social media post it had been a “tough night” for Ukraine, and called for new international sanctions to pressure Moscow into…
President Donald Trump is once again ramping up his tough talk on trade — and investors need to remember the lessons of just a few weeks ago, CNBC’s Jim Cramer said Friday. “You have to take pain with this guy. He is an administrator of pain,” Cramer said on “Squawk on the Street” before the market opened. Wall Street is headed for a sharply lower open Friday after Trump threatened 50% tariffs on the European Union, claiming that trade talks with the bloc are “going nowhere,” and said a 25% duty on iPhones not made in the U.S. “must be…
Guatemalan migrants arrive at La Aurora Air Force Base on a deportation flight from the U.S., in Guatemala City, Guatemala, January 20, 2025. Cristina Chiquin | ReutersA federal judge ordered the Trump administration on Friday to facilitate the return of a gay Guatemalan man who said he was deported to Mexico despite fearing he would be persecuted there, after officials acknowledged an error in his case.U.S. District Judge Brian Murphy in Boston issued the order days after the Justice Department notified him that its claim that the man had expressly stated he was not afraid of being sent to Mexico was…
