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Trump's AI Czar David Sacks Dismisses AI Chip Smuggling Fears, Warns Over-Regulation Could Hand AI Dominance To China: 'We Talk About These Chips Like They Could Be Smuggled In The Back Of A Briefcase'
Tuesday, June 10, 2025 - 9:48pm | 781Read More...On Tuesday, David Sacks, the White House AI czar, downplayed concerns over AI chip smuggling, arguing that over-regulating U.S. AI exports could stifle innovation and allow China to gain a technological edge. What Happened: Speaking at the AWS summit in Washington, Sacks dismissed the idea that U.S...
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Hyundai Secures One-Year Rare Earth Minerals Supply, Avoids Supply Chain Disruption: Report
Tuesday, June 10, 2025 - 6:43am | 451Read More...Hyundai Motor Co. has secured a strategic advantage in the global automotive supply chain crisis by maintaining approximately one year of rare earth mineral stockpiles, positioning the South Korean automaker ahead of competitors struggling with China’s export restrictions. What Happened: The...
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US Stocks Likely To Open Lower: Equities Face 'High Bar' Amid Tariff-Fueled Volatility In The Second Half Of 2025, Says Analyst
Tuesday, June 10, 2025 - 6:04am | 1566Read More...U.S. stock futures were trading lower on Tuesday after a mixed close on Monday. Futures of major benchmark indices were largely flat in premarket. Trade discussions between the U.S. and China delegations are set to continue on Tuesday in London. – Following these initial talks on Monday, U.S...
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Mohamed El Erian Warns Of 'Worrisome' Chinese Trade Data Looming Over US Negotiations, But Bob Elliott Sees 'Little Urgency' For China To Sign A 'Disadvantageous Deal'
Monday, June 9, 2025 - 8:36am | 1223Read More...As China’s May export data missed expectations just ahead of the second round of U.S.-China trade negotiations, leading experts are offering sharply divergent interpretations of how the data will be leveraged during the trade talks. What Happened: While Mohamed A. El-Erian, a senior...
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US-China Trade War: American Kids To Get Fewer, Costlier Dolls This Christmas, Here's Why
Sunday, June 8, 2025 - 2:40pm | 477Read More...The ongoing US-China trade war is set to hit the American toy industry, with the potential for a decrease in doll production and a rise in consumer prices. What Happened: William Su, a doll manufacturer, is among those grappling with the impact of increased tariffs. The decision by President Donald...
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China Grants Temporary Rare-Earth Licenses To US Automakers' Suppliers
Friday, June 6, 2025 - 11:16pm | 566Read More...China has issued temporary export licenses for rare-earth materials to suppliers of U.S. automakers. What Happened: China has issued temporary export licenses to rare-earth suppliers for the top three U.S. automakers, according to a report by Reuters on Friday. This move comes amid ongoing supply...
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Tesla Stock Faces 'Demand/Brand Issues' In US, Competition In China: Analyst Lowers Delivery Estimates
Friday, June 6, 2025 - 11:51am | 469Read More...A Tesla Inc (NASDAQ:TSLA) analyst cuts delivery estimates for the electric vehicle giant as more reports show weakened demand. The Tesla Analyst: Goldman Sachs analyst Mark Delaney maintained a Neutral rating on Tesla and lowered the price target from $295 to $285. Read Also: Tesla Q1 Misses...
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Pony.ai Begins Testing Futuristic Robotaxis In China, Mass Rollout Could Be Next
Friday, June 6, 2025 - 11:33am | 505Read More...Pony AI Inc (NASDAQ:PONY) announced on Friday that it is ramping up its Robotaxi mass production and commercialization efforts by launching public road testing for its seventh-generation Robotaxis in China. The vehicles tested on roads in the southern Chinese megacities of Guangzhou ...
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LULU Stock Under Pressure As Company Warns Q2 Will Feel Tariff Heat, Plans 'Strategic Price Increases' — But Gary Black Blames EPS Revision On 'Competition,' Not 'Macro Challenges'
Friday, June 6, 2025 - 10:01am | 862Read More...Despite better-than-expected first quarter results, Lululemon Athletica Inc. (NASDAQ:LULU)’s management cautioned that the second quarter will bear the brunt of increased tariffs and lowered its full year earnings per share forecast. What Happened: CFO Meghan Frank outlined the company’...
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Cramer Says He's 'Not Going To Really Want To Do A Lot Of China Right Now'
Friday, June 6, 2025 - 8:08am | 365Read More...On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying RELX PLC (NYSE:RELX). Supporting his view, Barclays analyst Julien Roch, on March 14, upgraded RELX from Equal-Weight to Overweight. “I personally would not own Altria (NYSE:MO),” Cramer said. On the...
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Trump Reaches Out To Xi As Markets React, Tensions Simmer (UPDATED)
Thursday, June 5, 2025 - 10:05am | 458Read More...U.S. stocks dipped in early trading on Thursday following reports of a phone call between Presidents Donald Trump and Xi Jiping, signaling a possible thaw in China trade tensions. Diplomatic Outreach Amid Rising Friction Trump initiated the phone call, according to CNBC, citing Chinese state media...
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Dollar Tree Unveils '5-Lever Mitigation Strategy' To Address Trump's Tariffs: Warns of 'Meaningfully Lower' Q2 Profit
Thursday, June 5, 2025 - 8:00am | 774Read More...Dollar Tree Inc. (NASDAQ:DLTR) presented its “5 levers mitigation strategy” to address Donald Trump’s “highly fluid and changing” tariff scenario during its first quarter earnings call and highlighted its impact on second quarter profits. What Happened: The company...
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Apple And Alibaba's AI Launch In China Delayed By US-China Trade Tensions And Regulatory Hurdles: Report
Thursday, June 5, 2025 - 6:01am | 539Read More...Apple Inc. (NASDAQ:AAPL) and Alibaba Group Holding Ltd – ADR (NYSE:BABA) are facing regulatory delays in launching their artificial intelligence partnership in China, as Beijing withholds approval amid complex U.S.-China trade dynamics.What Happened: The tech giants submitted multiple AI...
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Jamie Dimon Said US Should Buy Bullets, Not Bitcoin — Cynthia Lummis Says The US Military 'Disagrees' With Him (CORRECTED)
Wednesday, June 4, 2025 - 1:02am | 627Read More...Editor’s Note: A typographical error in the headline has been corrected. Senator Cynthia Lummis (R-Wyo.) stated Tuesday that even the U.S. military sees the strategic value of having a national Bitcoin (CRYPTO: BTC) reserve. What Happened: During an interview with Bloomberg, Lummis...
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Five Below Q1 Earnings Preview: All Eyes On Tariffs After Guidance Raise
Tuesday, June 3, 2025 - 3:53pm | 751Read More...Specialty retailer Five Below Inc (NASDAQ:FIVE) could show whether tariffs are impacting the company's financials when the company reports first-quarter financial results after market close Wednesday. Here are the earnings estimates and key items for investors to watch. Earnings Estimates: Analysts...
















