Nvidia and AMD have agreed to pay 15% of the revenue they earn from advanced chip sales to China to the US government. According to a US official, this unusual move is
Tesla (TSLA.O) has awarded CEO Elon Musk 96 million shares, worth approximately $29 billion. This move aims to keep Musk at the helm of the company and allow him to fight off
The US dollar weakened on Friday following the release of a weak labor report and President Donald Trump’s decision to fire the head of statistics. However, on Monday, the dollar recovered somewhat,
Oil prices fell after OPEC+ decided to increase production by 547,000 barrels/day in September. However, traders remain cautious about possible new sanctions against Russia. Brent crude oil fell 85 cents (1.2%) to
Wall Street futures began to recover on Monday, as expectations of Federal Reserve interest rate cuts strengthened following last week’s unexpectedly weak employment data. As of 5:44 p.m. ET, Dow E-minis were
The Central Bank of Brazil stated that it is cautious about the effects of higher US trade tariffs on the Brazilian economy and announced that it will continue its policy of lowering
Many companies have started to prefer Ether over Bitcoin to protect against inflation. Ether has become an attractive option for investors due to its affordable price and reliability, and it is backed
HSBC raised its year-end target for the S&P 500 index by 800 points to 6400 on Tuesday. The bank noted that the “AI myth” is driving up technology and AI-focused companies, and
The dollar rose slightly against the euro and yen, but remained near lows after the sharp decline following weak US jobless data released on Friday. Investors expect the ISM Services Data to
Tesla’s new vehicle sales increased by 27% in Spain in July compared to the same month last year, reaching 702 units. These figures, according to records released by ANFAC, highlight the growth