Author: Daniel snow

Nvidia’s Jensen Huang downplays U.S.’ China concerns ahead of trip

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Nvidia CEO Jensen Huang has downplayed U.S. fears that his firm’s chips will aid the Chinese military, days ahead of another trip to the country as he attempts to walk a tightrope between Washington and Beijing. In an interview with CNN aired Sunday, Huang said “we don’t have to worry about” China’s military using U.S.-made technology because “they simply can’t rely on it.””It could be limited at any time; not to mention, there’s plenty of computing capacity in China already,” Huang said. “They don’t need Nvidia’s chips, certainly, or American tech stacks in order to build their military,” he added.The comments…

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China’s exports beat expectations in June, while imports rebound

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A cargo ship loads and unloads containers at the Qianwan Container Terminal of Qingdao Port in Qingdao City, Shandong Province, China, on July 10, 2025. Costfoto | Nurphoto | Getty Images China’s exports growth beat expectations in June, buoyed by robust shipments to non-U.S. markets and as a temporary reprieve from U.S. tariffs helped slow the decline in goods sent to America.Exports jumped 5.8% in June in U.S. dollar terms from a year earlier, customs data showed Monday, exceeding Reuters’ poll estimates of a 5% rise.Imports climbed 1.1% from a year earlier. While missing economists’ expectations of a 1.3% rise,…

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Bitcoin hits new all-time highs crossing $120,000, fueled by ETF inflows

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This photograph shows Bitcoin stickers displayed at the microbrewery and bar La Fracasse, in Talence, on the outskirts of Bordeaux, south-western France on June 26, 2025. Christophe Archambault | Afp | Getty ImagesBitcoin extended a rally to rise to a new record above $120,000 Monday, fueled by a rally in bitcoin ETFs.The price of the largest cryptocurrency by market capitalization briefly topped $121,249.90, according to data from Coin Metrics.The rally has seen bitcoin reach new highs amid more inflows into bitcoin ETFs. On Thursday, bitcoin ETFs had logged their biggest day of inflows in 2025 at $1.18 billion.Investors have been anticipating…

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Singapore’s economy grows 4.3% in second quarter, beating expectations

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This photo shows the Marina Bay Sands hotels resort and Garden by the Bay domes backdropped with the city skyline in Singapore on June 27, 2025.Roslan Rahman | Afp | Getty ImagesSingapore’s economy grew at 4.3% year over year in the second quarter of the year, accelerating from 4.1% in the first quarter and beating expectations.The advanced estimates were higher than the 3.5% forecasted by economists polled by Reuters.On a quarter-on-quarter basis, Singapore’s GDP grew by 1.4%, a turnaround from the 0.5% contraction last quarter.The GDP growth was led by the manufacturing sector, which expanded 5.5% year over year, up…

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We must divorce our personal politics from our investment decisions

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The following is the prepared text from Jim Cramer’s address to members of the CNBC Investing Club at Friday’s third annual meeting from the New York Stock Exchange. It’s time to do something that so many are loath to do, and to do it here because you deserve the truth. The vast majority of my friends, both in and out of business, refuse to allow even a sentence uttered, maybe not even a word, that is positive about President Donald Trump. I get that. There are myriad reasons to dislike the man. I know from my time as a judge…

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