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11.08.25 - 18:15
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Ahead Of Trump-Putin Summit, Zelensky Warns Any Decisions Taken Without Ukraine Are "Stillborn" (ZeroHedge)
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Ahead Of Trump-Putin Summit, Zelensky Warns Any Decisions Taken Without Ukraine Are "Stillborn"
By Jane Foley, senior FX strategist
The Nasdaq ended Friday at a fresh all-time high, lifted by big tech and a very good week for Apple. The week brought the start of new tariff rates on exports from dozens of countries to the US, but sentiment found support on news of concessions, particularly the exemption on semiconductor tariffs for companies that produce in the US. Over the weekend news emerged that Nvidia and AMD have agreed to give the US government 15% of revenues received from chip sales in China in exchange for export licences. The news highlights the controversy over the sales of H20 chips to China. Some US security commentators have warned that the chips will enhance China's military and undermine the US' relative strength in AI.
Looking ahead, some countries are still hoping for a reduction in their specific tariff rate, Switzerland and India amongst them. The Swiss govern...
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11.08.25 - 16:42
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Apple Is Missing the Boat on AI, Says Ives (Bloomberg)
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Apple is having a "BlackBerry moment" when it comes to artificial intelligence says Dan Ives, Wedbush Securities global head of tech research. Ives says Cook is sitting on a park bench drinking lemonade, watching the competition pass him by. Ives is on "Bloomberg Surveillance." (Source: Bloomberg)...
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11.08.25 - 15:24
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These Are the 3 Most Profitable Companies in the World and Why You Should Own Each (24/7 Wall St.)
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Money Printing Machines In the ever-evolving landscape of global markets, three companies consistently stand out for their remarkable profitability and enduring influence: Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), and Apple (NASDAQ:AAPL). These tech giants, often referred to as pillars of the “Magnificent Seven,” have redefined industries, driven innovation, and delivered substantial returns to investors. Recent financial data […]
The post These Are the 3 Most Profitable Companies in the World and Why You Should Own Each appeared first on 24/7 Wall St.....
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11.08.25 - 13:36
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Selling AI Chips to China? Nvidia & AMD Agree Unusual 15% Fee | Explained (Bloomberg)
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Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, an unusual arrangement that may unnerve both US companies and Beijing. The arrangement reflects US President Donald Trump's consistent effort to engineer a financial payout for America in return for concessions on trade. His administration has shown a willingness to relax trade conditions like tariffs in return for giant investment in the US, as with Apple's pledge to spend $600 billion on domestic manufacturing. But such a narrow, select export tax has little precedent in modern corporate history. Our trade tsar Brendan Murray joins Stephen Carroll and Tom Mackenzie on Bloomberg Radio for more. (Source: Bloomberg)...
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11.08.25 - 13:24
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Apple’s new Siri may allow users to operate apps just using voice (TechCrunch)
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Apple is testing a version of Siri that will be able to take actions on your behalf across various apps by following voice commands. The company plans to release a new version of App Intents, its framework gives developers the ability to allow users access to parts of their app via different systems, like search and Shortcuts....
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