President Donald Trump has slammed Canada’s trade agreement with China, terming it a deal that would be detrimental to the country.
President Trump escalated trade pressure on South Korea by raising tariffs to 25%, a move that risks tightening one of the most fragile corners of global supply chains: memory chips.
A U.S. lawmaker has alleged that Nvidia Corp (NASDAQ:NVDA) provided technical assistance to Chinese AI startup DeepSeek.
France’s lower house approved legislation to block children under 15 from social media, signaling a tougher stance on Big Tech as President Emmanuel Macron presses for swift action ahead of the next school year.
The Indian government has reportedly reached an agreement with the EU to lower tariffs on cars imported into India from the bloc from 110% to 40%.
Georgia introduced a bill proposing a statewide moratorium on new data centers as concerns grow over the environmental and economic impacts of these power-intensive facilities, particularly as they support the burgeoning artificial intelligence industry.
The European Commission has reportedly announced a formal investigation into Elon Musk's X, a subsidiary of X Corp, over its AI chatbot's image-editing feature, which has been used to create nonconsensual explicit content.
China has reportedly given the green light for the first batch of Nvidia Corporation‘s (NASDAQ:NVDA) H200 artificial intelligence chips to be imported into the country.
The International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, warned that artificial intelligence could wipe out millions of jobs worldwide, but said higher wages for AI-enhanced workers could generate demand that benefits low-wage service employees.
Earnings Snapshot
Agilysys Inc. (NASDAQ:AGYS) reported quarterly earnings of 42 cents per share, which missed the consensus estimate of 46 cents, and revenue came in at $80.39 million, beating the analyst consensus estimate of $79.03 million.
Texas Instruments Inc. (NASDAQ:TXN) reported fourth-quarter revenue of $4.42 billion, missing analyst estimates of $4.44 billion and earnings of $1.27 per share, missing analyst estimates of $1.30 per share.
Seagate Technology Holdings Plc. (NASDAQ:STX) reported quarterly earnings of $3.11 per share, which beat the analyst consensus estimate of $2.81, and revenue hit $2.83 billion, which beat the Street estimate of $2.73 billion.
Microsoft Corporation (NASDAQ:MSFT) reported second-quarter revenue of $81.3 billion, beating a Street consensus estimate of $80.25 billion and non-GAAP earnings per share of $4.14, beating a Street consensus estimate of $3.86.
Tesla, Inc. (NASDAQ:TSLA) reported quarterly earnings of 50 cents per share, which beat the consensus estimate of 45 cents, and revenue came in at $24.9 billion, which beat the analyst consensus estimate of $24.78 billion.
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