As semiconductors have become a geopolitical hot potato over the past few years, it’s no surprise that Nvidia , the leader in artificial intelligence-related chips, has been caught up in escalating tensions between the U.S. and China. When Nvidia returned to the China market last week , seemingly with the blessing of Washington, it sparked debate over the strategic implications for the U.S.’ dominance in AI and China’s own focus on boosting its domestic chip and tech industry. For the U.S., Nvidia’s return could help cement American strength in AI globally, experts told CNBC. For China, it could buy the…
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Here are Monday’s biggest calls on Wall Street: Bank of America reiterates Tesla as neutral Bank of America said it sees a challenging setup for Tesla shares. ” Tesla 2Q earnings results are likely to be challenged due to tariffs and disappointing deliveries. Although Tesla produces all its vehicles in the US and it manufactures vehicle with a high proportion of content made in North America, the exposure to tariff is not insignificant.” Morgan Stanley reiterates Apple as overweight Morgan Stanley said it is sticking with Apple shares. “Our estimates are moving higher, but we still need key overhangs to…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on July 18, 2025, in New York City. Angela Weiss | AFP | Getty ImagesStock futures were little changed on Monday night after the S&P 500 and Nasdaq Composite hit fresh records.Futures tied to the Dow Jones Industrial Average 59 points, or 0.1%. S&P 500 futures added 0.06%, while Nasdaq 100 futures gained 0.03%.Shares of NXP Semiconductors lost more than 5% in extended trading after the company reported a decline in second-quarter revenue, weighed down by weakness in the automotive market.Stocks are starting the…
U.S. President Donald Trump and Rupert Murdoch. Evelyn Hockstein | Elizabeth Frantz | ReutersPresident Donald Trump’s new $10 billion libel lawsuit against media baron Rupert Murdoch over a Wall Street Journal article about sex offender Jeffrey Epstein will be handled by the same Florida federal judge who presided over a prior breach-of-contract suit Trump filed against his former personal lawyer Michael Cohen.Trump voluntarily dropped that $500 million lawsuit against Cohen, which was filed in U.S. District Court in Miami in 2023, shortly after Judge Darrin Gayles scheduled a deposition where Trump would have had to answer questions about his allegations…
JPMorgan Chase may still be positioned for more gains in 2025 despite its impressive year-to-date run, according to Eddie Ghabour of Key Advisors Wealth Management. The firm’s co-founder and CEO joined CNBC’s ” Power Lunch ” on Monday to offer his take on the stock, as well as a pair of other market movers. Here is what Ghabour said during the “Three-Stock Lunch” segment. JPMorgan Chase Shares of JPMorgan Chase have already rallied 22% this year, with the big bank’s trading desk benefiting from an especially volatile market lately. On Monday, CNBC reported that JPMorgan was overhauling the leadership of…
WNBA players sent a message to the league ahead of their All-Star Game in Indianapolis Saturday: “Pay us what you owe us.”All of the players on Team Clark and Team Collier wore shirts with the message as they warmed up in front of a sold-out crowd of over 16,000 attendees and millions more viewers at home.The declaration came days after more than 40 players met with the WNBA and failed to reach a new collective bargaining agreement. The players opted out of their last CBA in October and are negotiating for a better revenue-sharing model, higher salaries, better benefits and…
President Joe Biden stands with his son Hunter Biden after the president arrived at the Delaware Air National Guard Base in New Castle, Delaware, June 11, 2024.Anna Rose Layden | ReutersHunter Biden said in a new interview that his father, former President Joe Biden, had been taking Ambien in the period before his first presidential debate last June against then-candidate Donald Trump, and that the prescription sleeping pill contributed to his disastrous performance.”I’ll tell you what, I know exactly what happened in that debate,” Hunter Biden told independent journalist Andrew Callaghan in a lengthy interview published Monday, exactly one year…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailTruist’s Patrick Scholes joins ‘Closing Bell Overtime’ to talk the decision to cut Royal Caribbean’s stock rating and his top picks in the travel sector for the second half of the year. Source link
Beata Zawrzel | Nurphoto | Getty ImagesGoogle announced Monday the removal of nearly 11,000 YouTube channels and other accounts tied to state-linked propaganda campaigns from China, Russia and more in the second quarter.The takedown included more than 7,700 YouTube channels linked to China.These campaigns primarily shared content in Chinese and English that promoted the People’s Republic of China, supported President Xi Jinping and commented on U.S. foreign affairs.Over 2,000 removed channels were linked to Russia. The content was in multiple languages that supported Russia and criticized Ukraine, NATO and the West.Google, in May, removed 20 YouTube channels, 4 Ads accounts,…
