The protests against President Aleksandar Vucic of Serbia had been growing in intensity and size when an unusual guest showed up in its capital this month to meet with the embattled European leader: Donald Trump Jr., the oldest son of President Trump.The quick visit by Mr. Trump, which included a meeting with Mr. Vucic to talk about U.S. foreign aid to Serbia, came as the Trump family and Jared Kushner, the American president’s son-in-law, were moving ahead with plans to build a Trump International Hotel in Belgrade, the first such property in Europe.The hotel is slated to be built atop…
Author: usaeverydaylife
Keyvan Mohajer, Soundhound CEO, joins ‘Fast Money’ to talk its partnership with Nvidia. Source link
CEO Jensen Huang discussed the impact of Chinese startup DeepSeek’s new artificial intelligence model in a Wednesday interview with CNBC’s Jim Cramer at Nvidia’s annual GTC conference. Huang asserted that the groundbreaking model will actually require more computation than many in the industry thought.According to Huang, DeepSeek’s R1 model is “fantastic” because it is “the first open-sourced reasoning model.” He explained that the model breaks down problems step-by-step, is able to come up with different answers, and it can verify whether its answer is correct.”This reasoning AI consumes 100 times more compute than a non-reasoning AI,” he said. “It was…
A pedestrian jogs along the Bund across from buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Thursday, Jan. 2, 2025.Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets opened higher, tracking Wall Street gains following the Federal Reserve’s decision to hold interest rates steady. The U.S. central bank also noted that a severe economic downturn was unlikely.Australia’s S&P/ASX 200 traded 0.77% higher at the open. Hong Kong’s Hang Seng index futures were at 24,719, weaker than the HSI’s last close of 24,771.14.South Korea’s Kospi climbed 0.64% at the open, while the small-cap Kosdaq rose 0.55%.Japan markets are closed for a…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as stocks rallied after the Federal Reserve kept its outlook for two rate cuts in 2025 , and what’s on the radar for the next session. Europe on a roll The iShares Core MSCI Europe ETF (IEUR) is up 4.6% in March. The iShares Europe ETF (IEV) is up 4.5% in March. Vanguard’s European Stock Index Fund ETF (VGK) is…
Mike Khouw joins the Options Action traders to talk options surrounding FedEx and Nike ahead of earnings. Source link
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 Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion. The company expect the deal to close in the second half of 2025, according to a statement.Carlyle Group and Oracle both have committed to selling their stakes in Ampere, SoftBank said.Ampere will operate as an independent subsidiary and will keep its headquarters in Santa Clara, California, the statement said.”Ampere’s expertise in semiconductors and high-performance computing…
U.S. President Donald Trump signs an executive order in the Oval Office of the White House in Washington, U.S., Feb. 10, 2025. Kevin Lamarque | ReutersU.S. President Donald Trump will sign an executive order on Thursday that aims to shut down the Department of Education, fulfilling a key campaign pledge, the White House said in a fact sheet on the measure.The order directs Education Secretary Linda McMahon to “take all necessary steps to facilitate the closure (of) the Department of Education and return education authority to the States, while continuing to ensure the effective and uninterrupted delivery of services, programs, and…
When Tracy Ren decided to go to the 2024 Summer Olympics, she booked her flight to Paris on Singapore Airlines using miles.But she didn’t earn them — she bought them.Rather than purchasing miles directly from the airline, which sells 1,000 miles for around $40, Ren turned to Carousell, a popular online marketplace in Asia-Pacific that sells new and used goods — and, increasingly, loyalty points and rewards.By purchasing miles online, “the cost is nearly 50% compared with purchasing the ticket,” Ren said.Is this allowed?Buying and selling airline miles online isn’t illegal, said Aaron Wong, founder of the travel and loyalty…
President Trump said on Wednesday that the Iran-backed Houthi militant group in Yemen would be “completely annihilated” by U.S. military strikes and warned Tehran to “immediately” stop supplying it with military equipment and general support and “let the Houthis fight it out themselves.”His remarks, posted on social media, came as the U.S. military continued a wave of attacks on Houthi targets in Yemen as part of what American officials said was an effort to stop the militant group’s attacks on commercial ships in the Red Sea.“Tremendous damage has been inflicted,” Mr. Trump said of the effects of the strikes, which…
