Nvidia is preparing to resume shipments of advanced artificial intelligence chips to China, signalling a potential reset in cross-border technology trade after a change in US policy, according to a Reuters exclusive. The company has reportedly told Chinese clients that it aims to start shipping its H200 AI chips before the Lunar New Year holiday
Italy’s competition authority has imposed a €98.6 million fine on Apple, intensifying scrutiny over how the company operates its App Store and applies privacy rules to developers. The decision adds to a broader European debate on whether Apple’s control over its mobile ecosystem disadvantages third-party app makers, even as the company argues that its policies
Oracle co-founder Larry Ellison has agreed to personally backstop a crucial portion of the financing behind Paramount Skydance’s hostile bid for Warner Bros Discovery (WBD), intensifying a high-stakes takeover battle that could reshape Hollywood’s streaming landscape. Paramount said on Monday that Ellison has provided an “irrevocable personal guarantee” covering $40.4 billion of equity financing for
AppLovin stock price has had a strong performance this year, continuing a bull run that started a few years ago when it was trading at $9.20. It has jumped to $720, giving it a market capitalization of over $243 billion, up sharply from less than $1 billion. So, will this advertising company continue its bull
US stocks rose on Monday, kicking off a shortened holiday week on a firmer footing as gains in technology shares lifted the broader market. The S&P 500 advanced 0.5%, while the Dow Jones Industrial Average rose 133 points, or 0.3%. The Nasdaq Composite outperformed, climbing 0.7% as investors returned to growth-oriented names after recent sector
Gold prices rose to new record highs on Monday as rate cut bets and safe-haven demand boosted sentiments in the market. Silver followed suit with prices breaching the $69 per ounce barrier for the first time ever. Meanwhile, oil prices climbed more than 2% on Monday as the US intercepted an oil tanker off the
Nvidia stock rose on Monday after a media report said the artificial intelligence chipmaker plans to begin shipping its H200 processors to China in mid-February, potentially reopening a key market that has been largely closed to the company under US export controls. Nvidia stock advanced 1% to 182.87 in morning trading, outperforming the broader market
Zcash (ZEC) continues to demonstrate resilience in the cryptocurrency market, with recent developments shaping its near-term trajectory. Over the past 24 hours, Zcash (ZEC) has risen by 11.97%, outperforming a relatively flat crypto market, and currently trades just above $420. This surge reflects a combination of regulatory optimism, technical momentum, and network improvements, prompting analysts
US stocks displayed resilience on Friday as Nvidia and other AI-focused semiconductor names powered a tech-led rebound, sending the Nasdaq Composite higher while the S&P 500 and Dow Jones also advanced. The rally came after Micron Technology’s blowout earnings and upbeat guidance reignited confidence that artificial intelligence infrastructure spending remains robust despite recent market volatility.
US President Donald Trump announced deals with nine major pharmaceutical companies on Friday to lower US drug prices in exchange for three-year exemptions from threatened tariffs on pharmaceutical imports. The agreements bring the total number of drugmakers aligned with Trump’s pricing initiative to 14 of the 17 companies the administration targeted this year. The latest