1. Tesla Hits a Speed Bump All eyes were on Tesla yesterday as it kicked off the new earnings season among the “Magnificent Seven” tech giants. Despite a slight recovery in revenue after two declining quarters, earnings per share fell short of market expectations due to rising capital expenditures. During the company’s earnings call, Elon […]
Apple Inc. has officially begun shipping its first batch of American-made AI servers from a newly established facility in Houston, Texas, signaling a major step forward in its commitment to boost U.S.-based manufacturing and innovation. These advanced servers form a key part of Apple’s $600 billion investment initiative aimed at expanding local production, strengthening supplier […]
1. Trump Pulls the Plug on Canada Trade Talks President Donald Trump announced late Thursday that the United States is halting trade negotiations with Canada after controversy erupted over an Ontario government ad featuring the voice of former President Ronald Reagan. The ad criticized tariffs and their impact on Americans, but the Ronald Reagan Presidential […]
The U.S. stock market suffered its steepest drop in six months on Friday, with the S&P 500 sliding nearly 3% after former President Donald Trump threatened major new tariffs on Chinese goods over Beijing’s grip on the global rare earths market. China recently expanded its export controls on rare-earth elements, adding tungsten, tellurium, bismuth, indium, […]
After U.S. President Donald Trump announced his approval of a deal that could keep TikTok operating in the United States, Beijing’s response has been strikingly muted. Despite the app’s global popularity and political weight, Chinese state media and online discussions have offered little commentary, signaling the government’s cautious stance as it ultimately holds the power […]
WASHINGTON — President Donald Trump has announced a dramatic change to the H-1B visa program, raising the fee for employers to $100,000 per application, a steep increase from the previous $2,000–$5,000 range. The new policy, effective immediately, requires companies to provide payment proof before filing an H-1B petition. Petitions will remain restricted for 12 months […]
WASHINGTON — Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman have shared their views on President Donald Trump’s recent decision to raise the cost of hiring foreign talent under the H-1B visa program. Last week, Trump announced a dramatic fee increase — setting the new H-1B visa cost at $100,000. Under the updated rules, […]
WASHINGTON — President Donald Trump has once again extended the deadline for ByteDance to divest its U.S. TikTok operations, giving more time for a deal involving an investor consortium that includes Oracle, Silver Lake, and Andreessen Horowitz. The new deadline is set for December 16, delaying a potential nationwide ban. The extension, issued through an […]
Nvidia’s chief executive Jensen Huang is set to accompany President Donald Trump on a state visit to the United Kingdom next week, alongside a lineup of top U.S. business leaders. According to reports, the delegation will include OpenAI’s Sam Altman, Blackstone CEO Stephen Schwarzman, and BlackRock CEO Larry Fink, with Apple CEO Tim Cook also […]
President Donald Trump warned on Friday that he may launch a trade investigation under Section 301 in response to what he called “discriminatory” penalties imposed by the European Union on American tech giants like Google and Apple. “We cannot allow this to happen to American innovation. If it continues, I will be forced to initiate […]