Nvidia CEO Jensen Huang attends a round table discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Sarah Meyssonnier | ReutersAutonomous vehicles and robotics are going to take off in a big way in the years ahead, according to Nvidia CEO Jensen Huang.”This is going to be the decade of AV [autonomous vehicles], robotics, autonomous machines,” Huang told CNBC’s Arjun Kharpal Thursday at the Viva Tech conference in Paris.Nvidia plays a significant role in the rollout of driverless vehicles as the U.S. chipmaking giant sells both…
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Container ships at Felixstowe port in Felixstowe, UK, on Wednesday, April 9, 2025. Bloomberg | Bloomberg | Getty ImagesU.K. goods exported to the U.S. dropped by £2 billion ($2.71 billion) in April, figures published by the Office for National Statistics on Thursday showed, marking the biggest monthly decrease since records began in 1997.The value of Britain’s exports stateside was the lowest since February 2022 at £4.1 billion, with the ONS saying the shift was “likely linked to the implementation of tariffs on goods imported to the United States.” Cars, chemicals and metals exports all saw declines, the ONS said.U.S. imports…
Bank of America is betting on DoorDash to add to its massive gains this year. The bank reiterated its buy rating on the food delivery app and raised its price target to $245 per share from $230. Analyst Michael McGovern’s renewed forecast implies that shares of DoorDash could rally 12% from their Wednesday closing price. DoorDash stock has already surged 30% in 2025. DASH YTD mountain DASH YTD chart As a key catalyst, McGovern zeroed in on advertisements as a major source of margin growth. “Today, DASH announced its ‘most significant update to its advertising platform to date,’ with AI-powered…
U.S. President Donald Trump \with British Prime Minister Keir Starmer in the Oval Office at the White House in Washington, D.C., U.S., on Feb. 27, 2025.Kevin Lamarque | ReutersThe U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday.The latest monthly growth figures from the Office for National Statistics showed the U.K. economy contracted 0.3% month on month in April, following growth of 0.2% in March. It was also more than the 0.1% fall economists were expecting.The decline in April came as U.S. President Donald Trump announced global trade tariffs on…
An Air India Boeing 787-8 Dreamliner.Sopa Images | Lightrocket | Getty ImagesAn Air India plane has crashed at Ahmedabad, according to the Reuters and ANI news agencies.”With profound sorrow I confirm that Air India flight, AI 171 operating Ahmedabad London Gatwick was involved in a tragic accident today,” Air India Chairman N Chandrasekaran said.The flight was scheduled to depart Terminal 2 of the Ahmedabad airport on Thursday, according to FlightRadar24 data, which suggests the aircraft undertaking the voyage was a Boeing 787 Dreamliner.The Sardar Vallabhbhai Patel International Airport is currently not operational, with all flight operations temporarily suspended in the…
A cargo ship at Qingdao Port in Shandong Province, China, on June 9, 2025.Cfoto | Future Publishing | Getty Images Consumer prices in the U.S. have been benign since February, and the May reading continues that trend, according to the Bureau of Labor Statistics’ consumer price index report released Wednesday. Meanwhile, the May jobs report, while better than expected, revised downward the figures for March and April, exposing some weaknesses in the labor market. In ordinary times, the scenario of muted inflation and a job market that’s starting to wobble would make cutting interest rates — a move that tends to…
Traders wait for Voyager Technologies to begin trading during the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., June 11, 2025. Brendan McDermid | ReutersStock futures fell early Thursday after the S&P 500 saw its first negative session in four.S&P 500 futures traded down 0.27%, while Nasdaq 100 futures were down 0.25%. Futures tied to the Dow Jones Industrial Average were also lower by 141 points, or 0.33%.In extended trading, shares of Oracle surged more than 7% after its fiscal fourth-quarter results beat on the top and bottom lines. The company also indicated more…
Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. Jan. 6, 2025. Steve Marcus | ReutersIf the U.S. continues to impose AI semiconductor restrictions on China, then chipmaker Huawei will take advantage of its position in the world’s second-largest economy, Nvidia CEO Jensen Huang told CNBC Thursday.”Our technology is a generation ahead of theirs,” Huang told CNBC at the sidelines of the Viva Technology conference in Paris.However, he warned that, “if the United States doesn’t want to partake, participate in China, Huawei has got China covered, and Huawei…
Benjamin Netanyahu, Prime Minister of Israel, arrives to greet Federal President Steinmeier before a meeting at the Prime Minister’s official residence in Jerusalem, Israel on May 13, 2025.Bernd von Jutrczenka | Picture Alliance | Getty ImagesIsrael is considering taking military action against Iran — most likely without U.S. support — in the coming days, even as President Donald Trump is in advanced discussions with Tehran about a diplomatic deal to curtail its nuclear program, according to five people with knowledge of the situation.Israel has become more serious about a unilateral strike on Iran as the negotiations between the U.S. and…
Europe is being urged to capitalize on the volatility of the Trump administration, as shifts in capital and private market flows suggest U.S. exceptionalism is waning and losing out to a resurgent Europe.The numbers tell part of the story, with Europe’s Stoxx 600 up over 8% compared to a 5% jump for the S&P 500 since Nov. 1, 2024, just days ahead of the U.S. election.Bank of America said in a report dated June 5 that U.S. equities had seen outflows of $7.5 billion over the previous three weeks, while European stocks benefited from inflows of $2.6 billion over the same period. Earlier this…
