Elon Musk will accompany former President Donald Trump on his upcoming trip to China, while Nvidia CEO Jensen Huang was notably excluded despite Nvidia's key role in US-China tech relations. The trip focuses on agriculture and aviation, with Boeing seeking major aircraft orders from China. Huang's absence raises questions about the status of AI chip exports amid ongoing trade negotiations. Previous Trump trips have influenced major deals, highlighting risks and opportunities for executives attending or skipping such visits.
The Dow Jones Industrial Average reached a historic high of 52,000 points for the first time, signaling strong market momentum. SpaceX's stock surged over 16%, pushing its market capitalization above Amazon's, marking a significant milestone for the ...
ProShares UltraPro QQQ (TQQQ) offers 3x daily leverage on the Nasdaq-100, but this daily reset causes hidden costs like volatility decay and financing fees that erode returns over time. While TQQQ can deliver huge gains in strong bull markets, it oft...
SLB CEO Olivier Le Peuch highlighted the company's two-decade partnership with Nvidia, emphasizing how AI is reshaping oilfield services into a software-like business. SLB's digital segment, though only 7% of revenue, shows strong growth with higher ...
Jim Cramer highlighted that major tech companies like Nvidia, Google, and Meta are raising huge amounts of capital, benefiting big banks through underwriting fees. He identified four key drivers boosting bank profits: higher short-term interest rates...
Amazon Web Services (AWS) is considering selling its AI chip, Trainium, to other companies, potentially creating a $50 billion competitor to Nvidia in the AI chip market. This move follows CEO Andy Jassy's statement about the high demand for AWS's ho...
