U.S. President Donald Trump characterized the discussions with Chinese counterpart Xi Jinping as “extremely positive and constructive” during a high-stakes visit to China on Thursday. During a state banquet in Beijing, Trump characterized Xi as a “friend” and referred to his reception in China as “magnificent.” Discussions to date between the two leaders have been Read More
Shares of Intel sank by more than 12% in premarket U.S. trading on Friday after the chipmaker unveiled a fourth-quarter loss and a dour outlook for the current quarter. The company, whose stock price has recently about doubled thanks to fresh cash injections from major investors including artificial intelligence-darling Nvidia, Japanese tech conglomerate SoftBank and Read More
On Tuesday, Nasdaq futures exhibited minimal fluctuations following President Donald Trump’s authorization of restricted sales of Nvidia H200 AI chips to China, coinciding with the commencement of the two-day Federal Reserve meeting regarding interest rates. Futures linked to the blue-chip Dow Jones Industrial Average and the benchmark S&P 500 remained largely unchanged, whereas those connected Read More
