The US Department of Commerce has closed a loophole that allowed advanced AI chips from Nvidia and AMD to be exported to Chinese companies operating outside China, such as in Malaysia. This move strengthens US efforts to restrict China's access to critical semiconductor technology for AI development. The loophole existed due to a previous non-enforcement of the AI Diffusion rule in May 2025. The new guidance requires licenses for shipments to China-headquartered entities regardless of their location, potentially impacting Nvidia's revenue from China, which remains significant despite export controls.
Apple's stock surged 15% in May, driven by optimism around its future in AI, particularly the potential of 'agentic smartphones.' Bank of America raised Apple's price target to $380, highlighting this AI opportunity as a key growth driver. Meanwhile,...
The S&P 500 has achieved a historic nine-week winning streak, one of the longest since 1950, with every trading day last week reaching new highs. Despite high market valuations, opportunities remain in sectors like Financials, Healthcare, Consumer St...
The S&P 500 dividend yield has dropped to 1.08%, a historic low not seen since the 1800s, mainly due to rising stock prices rather than dividend cuts. This low yield means retirees relying on dividends for income face a significant shortfall, as thei...
This week, investors are focused on the May U.S. nonfarm payrolls report expected to show 93,000 jobs added and steady unemployment at 4.3%. Key earnings from Broadcom, CrowdStrike, and others will provide insights into AI infrastructure spending. Ma...
Apple's stock surged 15% in May, driven by optimism around its future in artificial intelligence, particularly the 'agentic smartphone opportunity' highlighted by Bank of America. This growth reflects investor confidence in Apple's ability to leverag...
