The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty ImagesSoftBank has selected investment banks to help organize a potential initial public offering in the United States for its Japanese payments app operator PayPay, according to two people familiar with the matter.The banks leading preparations for the listing are Goldman Sachs, JPMorgan Chase & Co, Mizuho Financial Group and Morgan Stanley, the sources said.The PayPay offering may raise more than $2 billion from investors when it takes place, which the sources said could be as soon…
Author: usaeverydaylife
Asia-Pacific markets were set to open mixed as traders awaited announcement on whether the Aug. 12 deadline for U.S.–China tariff truce would be extended. Source link
A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. Florence Lo | ReutersNvidia and Advanced Micro Devices have agreed to give the U.S. government a share of revenues from certain chips sold in China, the Financial Times reported, in an unprecedented arrangement with the White House.In exchange for 15% of revenues from the chip sales, the two chipmakers will receive export licenses to sell Nvidia’s H20 and AMD’s MI308 chips in China, according to the FT.The arrangement comes as President Donald Trump’s tariffs continue to reverberate through the global economy,…
And then there was just one: Apple . That’s how I felt about last week where the market took a huge number of stocks out and shot them, including some of ours — more on that when we get to Thursday’s Monthly Meeting for Club subscribers — but the sellers could not stop Apple, the most unlikely of winners for this moment, and one that defined last week’s tape. Why did Apple’s glorious run unfold as it did? That 13% weekly advance, its best in more than five years, was the result of a short squeeze plain and simple, and…
European Union flags and a Ukrainian flag flutter outside the EU Commission headquarters in Brussels, Belgium, on Feb. 24, 2025.Yves Herman | ReutersEuropean nations have rallied behind Ukraine, saying peace in the war-torn nation can’t be resolved without Kyiv, ahead of an upcoming meeting between U.S. President Donald Trump and Russia’s Vladimir Putin in Alaska.Trump said next Friday’s meeting with his Russian counterpart on U.S. soil would focus on ending the war, now in its fourth year.In response, Zelenskyy thanked European allies in a post on X, writing Sunday: “The end of the war must be fair, and I am…
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime Minister’s office in Jerusalem, Israel, on Aug. 10, 2025.Abir Sultan | Via ReutersIsraeli Prime Minister Benjamin Netanyahu on Sunday defended a new military offensive in Gaza that’s more sweeping than previously announced, declaring in the face of growing condemnation at home and abroad that Israel “has no choice but to finish the job and complete the defeat of Hamas.”Even as more Israelis express concern over the 22-month war, Netanyahu said the security Cabinet last week instructed the dismantling of Hamas strongholds not only in Gaza City but…
Photo illustration of Nvidia’s H20 chip. Vcg | Visual China Group | Getty ImagesChip giant Nvidia pushed back Sunday in response to allegations from Chinese state media that its H20 artificial intelligence chips are a national security risk for China.Earlier in the day, Reuters reported Yuyuan Tantian, an account affiliated with Chinese state broadcaster CCTV, said in an article published on WeChat that the Nvidia H20 chips are not technologically advanced or environmentally friendly.”When a type of chip is neither environmentally friendly, nor advanced, nor safe, as consumers, we certainly have the option not to buy it,” the Yuyuan Tantian article…
U.S. President Donald Trump speaks, as he makes an announcement on the economy, in the Oval Office at the White House in Washington, D.C., U.S., August 7, 2025. Jonathan Ernst | ReutersPresident Donald Trump on Sunday again signaled that he is ramping up plans to target crime in Washington, D.C., even as data shows that crime rates in the nation’s capital are falling.He also issued a warning to the city’s homeless population. “The Homeless have to move out, IMMEDIATELY. We will give you places to stay, but FAR from the Capital,” he wrote on Truth Social.Trump’s remarks come as he…
Forest bathing, or shinrin-yoku in its original Japanese, is a mindfulness practice that involves immersing oneself in nature. The decades-old practice pulls from research that shows that spending time in nature can help lower stress levels and improve focus.Recently, forest bathing is growing in popularity, thanks in part to social media where people are sharing their experiences exploring forests and other green spaces and taking in all that they have to offer. Over 45,000 videos have been shared on TikTok with the tag #forestbathing. Users says they’ve seen an improvement to their mental health.”It’s slowing down. It’s connecting to nature…
Earnings season is winding down, and the market has held up relatively well through the onslaught of quarterly results and the implementation of tariffs. Wall Street’s next test this week: Inflation data. The pair of reports measuring price pressures in the U.S. economy carries implications for the Federal Reserve’s next interest rate move and likely the stock market’s. It’s too soon for President Donald Trump ‘s newest tariff rates to show up in the numbers just yet, but we’ll be watching for any inflation signs from the levies already in place. The S & P 500 is coming off a…
