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Howard Lutnick, Trump's pick for Commerce Secretary, advocates for broad country-by-country tariffs to address economic issues, including protecting US artificial intelligence leadership. He also links tariffs to AI export controls, saying they are necessary to prevent China from stealing intellectual property and developing powerful AI models.
Published on: January 29, 2025, 09:02 PM UTC
Intel reports Q4 earnings after CEO ouster, faces challenges in chip market with AMD, Nvidia
Published on: January 29, 2025, 09:02 PM UTC
Nvidia stock falls 6% on report of possible new US restrictions on chip sales to China
Published on: January 29, 2025, 09:02 PM UTC
Preview the tech stocks that led the market lower on Wednesday, as the broader mood remained muted after the Federal Reserve's latest interest rate decision, which saw the central bank keep rates unchanged in a range of 4.25–4.5%.
Published on: January 29, 2025, 09:01 PM UTC
Fed Chair Powell says the central bank is in no rush to lower interest rates, waiting to see further progress on inflation following a string of rate reductions last year.
Published on: January 29, 2025, 09:00 PM UTC
Meta fourth-quarter earnings preview: key details on AI monetization, growth momentum, and analyst expectations.
Published on: January 29, 2025, 08:05 PM UTC
Interest rates remain unchanged as markets await Federal Reserve's press conference for updates on future rate cuts and the central bank's stance on recent AI spending and potential tariffs.
Published on: January 29, 2025, 08:05 PM UTC
The Federal Reserve held interest rates steady, signaling a pause in its efforts to lower borrowing costs as inflation remains stubborn and the labor market stays resilient.
Published on: January 29, 2025, 08:04 PM UTC
Tesla earnings preview: Stock has nearly doubled since last report, but car business has taken a backseat to Elon Musk's political prominence. Investors are betting on self-driving ambitions, but the company is also vulnerable to the impact of government policy changes.
Published on: January 29, 2025, 08:04 PM UTC
Nvidia Stock Rebounds as Retail Investors Buy the Dip After AI Model Concerns
Published on: January 29, 2025, 08:03 PM UTC