Business

Apple Stock Soars to 5-Year High After White House Push for U.S. Manufacturing

August 12, 2025

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Apple shares surged 13% this week, marking their strongest weekly rally in over five years, following CEO Tim Cook’s appearance at the White House alongside President Donald Trump on Wednesday. The stock closed Friday at $229.35, up 4% for the day, adding more than $400 billion to Apple’s market capitalization, which now stands at $3.4 […]

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Tim Cook’s Masterclass: How Apple Dodged U.S. iPhone Demands While Winning Trump Over

Intel Secures $5.7 Billion U.S. Investment Deal as White House Finalizes Terms

August 29, 2025

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Intel has confirmed receiving a $5.7 billion investment from the U.S. government, announced by CFO David Zinsner during an investor conference on Thursday. The funding, tied to the White House’s recent decision to take a 10% equity stake in the struggling chipmaker, comes as Intel explores additional outside investment opportunities for its semiconductor foundry division. […]

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Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

August 12, 2025

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U.S. President Donald Trump has suggested he may allow Nvidia to sell a reduced-performance version of its cutting-edge Blackwell AI chip to China. Speaking at a press briefing on Monday, Trump hinted at a possible deal if Nvidia could limit the chip’s capabilities by around 30% to 50%. He also mentioned an upcoming meeting with […]

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Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

Alibaba Stock Soars 19% as Cloud Unit Growth and New AI Chip Plans Boost Investor Confidence

September 1, 2025

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Alibaba’s Hong Kong-listed shares skyrocketed over 19% on Monday, marking their highest level since March, after strong momentum from its cloud computing business and reports of progress on a new AI chip. The rally follows a nearly 13% surge in Alibaba’s U.S.-listed shares last Friday after its earnings release. For the June quarter, the Chinese […]

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How Huawei Rose from Telecom Player to China’s AI Powerhouse

Netherlands Seizes Control of Chinese-Owned Chipmaker Nexperia to Protect Tech Supply Chains

October 14, 2025

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In a rare and extraordinary move, the Dutch government has taken control of Nexperia, a Netherlands-based semiconductor company owned by China’s Wingtech Technology, to safeguard Europe’s access to critical chip supplies amid escalating global trade tensions. Nexperia is a key producer of high-volume semiconductors used across the automotive, consumer electronics, and industrial sectors, making it […]

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Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

Apple Forecasts Record-Breaking December Quarter as iPhone 17 Demand Surges

November 4, 2025

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Apple has reported stronger-than-expected fiscal fourth-quarter results, setting the stage for what could be its most successful December quarter in history — powered by exceptional demand for the newly launched iPhone 17 lineup. The company’s shares rose in after-hours trading following the announcement, as Apple’s forecast surpassed market expectations and highlighted solid performance across several […]

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Samsung Surges as Foldable Phones Steal Market Share from Apple in the U.S.

Binance CEO Denies Helping Trump-Linked Crypto Venture Ahead of CZ’s Presidential Pardon

November 4, 2025

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Binance CEO Richard Teng has strongly denied allegations that the world’s largest cryptocurrency exchange aided in promoting a Trump-affiliated stablecoin prior to former CEO Changpeng “CZ” Zhao’s presidential pardon. The controversy centers on a $2 billion investment Binance received from Abu Dhabi’s sovereign wealth fund, MGX, which was reportedly settled using USD1, a stablecoin developed […]

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Bullish Ups IPO Target to Nearly $1B, Eyes $4.8B Valuation Amid Crypto Market Momentum

Tesla Fights $243M Autopilot Crash Verdict, Seeks Dismissal or New Trial

September 1, 2025

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Tesla is pushing back against a $242.5 million jury verdict in a wrongful death and product liability case, asking a Florida court to either overturn the decision or grant a new trial. The case stems from a 2019 fatal accident in Key Largo, Florida, where George McGee crashed his Tesla Model S while using the […]

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Trump Vows Support for Elon Musk, Denies Plans to Cut Billions in Federal Subsidies

Nintendo Boosts Switch 2 Sales Target to 19 Million Units as Global Demand Surges

November 4, 2025

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Nintendo has raised its sales forecast for the Switch 2 console, reflecting growing momentum for its next-generation gaming system. The Japanese gaming powerhouse now expects to sell 19 million units of the Switch 2 in the fiscal year ending March 2026, up from its earlier estimate of 15 million units. Here’s how Nintendo performed in […]

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Spotify Tumbles 11% as Growth Misses Expectations Despite User Surge

Nvidia CEO Eyes Return to Advanced Chip Sales in China as Export Curbs Ease

July 17, 2025

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Nvidia is aiming to introduce more advanced chips to China beyond its current H20 model, CEO Jensen Huang revealed during a press conference in Beijing. This strategic move follows the company’s decision earlier this week to restart sales of the H20 AI chip in the region— a product specifically designed to align with U.S. export […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions