Author: Daniel snow
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty ImagesWhen Nvidia CEO Jensen Huang appeared at Computex in Taipei last week, his presence dominated headlines. But it wasn’t his keynote that drew political attention — it was what he said after the speech.In interviews on the sidelines of the event, Huang sharply criticized U.S. export controls on AI chips, calling them a “failure.” He blamed both the Trump and Biden administrations for triggering a…
Read what Wall Street analysts write — but don’t pay too much attention to their numerical forecasts. Source link
National Economic Council Director Kevin Hassett speaks to reporters at the White House in Washington, D.C., U.S., April 14, 2025. Kevin Lamarque | ReutersA top economic advisor to President Donald Trump expressed confidence Thursday that court rulings throwing out aggressive tariffs will be overturned on appeal.Kevin Hassett, director of the National Economic Council, said in an interview that he fully believes the administration’s efforts to use tariffs to ensure fair trade are perfectly legal and will resume soon.”We’re right that America has been mishandled by other governments,” Hassett said during a Fox Business interview. “This trade negotiation season has been really,…
Tesla’s stock is rallying as investors cheer a return of Elon Musk as a full-time CEO, and is fast approaching a key chart level that if cleared could target a return to record levels. Source link
In May, the Institute for the Quality of Life released its 2025 Happy City Index.The 200 cities in the report were separated into three groups: gold, silver, and bronze, with gold meaning those cities scored the highest across all metrics combined.To rank the world’s happiest cities, researchers tracked 82 indicators of happiness across six major categories:CitizensGovernanceEnvironmentEconomyHealthMobility2025 is the first year the index included health as a category. It’s something that Dr. Bartosz Bartoszewicz, Director and Co-creator of the Index, tells CNBC Make It was an important addition because of the covid-19 pandemic.”We’ve added health, and we didn’t know what the…
Shares of Nvidia surged after the AI giant’s latest blockbuster earnings report. Source link
Kohl’s beats sales expectations for the first time in more than three years, and keeps its outlook intact, to assuage some tariff fears. Source link
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | ReutersThe New York Times on Thursday struck a deal with Amazon allowing it to use the storied news organization’s content across its artificial intelligence platforms.The multi-year deal “will bring Times editorial content to a variety of Amazon customer experiences,” the Times said in a release. The agreement also includes content from the newspaper’s other properties like NYT Cooking and The Athletic.”This will include real-time display of summaries and short excerpts of Times content within Amazon products and services, such…
The mercurial billionaire fell short of his promise to cut government spending by $2 trillion, clashed with senior administration officials and left the capital without speaking to the president. Source link
Exclusive data on Starbucks collected by TD Cowen “suggests deteriorating value perceptions and narrowing quality perceptions for Starbucks relative to peers,” analyst says. Source link