Economy

Streaming giant's revenue rises 17% despite per-share earnings coming in below Wall Street projections due to unforeseen international tax expense.

The US stock market plummeted after President Donald Trump declared he would impose 100% tariffs on imports from China. The announcement, made after the markets closed, followed a day of heavy losses spurred by his earlier threat, which had been posted mid-trading on his social media platform, Truth Social. The move came in response to new export restrictions from Beijing on rare earth elements — critical materials for industries such as electronics, automotive, and aerospace.

For data centers, Intel will build NVIDIA-custom x86 CPUs that NVIDIA will integrate into its AI infrastructure platforms and offer to the market.

Investor confidence in the Israeli economy was shaken Tuesday following a controversial "Sparta speech" by Prime Minister Benjamin Netanyahu, in which he warned Israel must prepare for international isolation by turning to self-sustenance.

Prime Minister Benjamin Netanyahu warned that Israel is entering a period of diplomatic isolation that could force the country to operate under a closed economy and rely primarily on its own resources.

The European Union has announced it is reconsidering its trade agreements with Israel. In 2024, the EU’s trade volume with Israel reached €42.6 billion, with Israeli exports to EU member states accounting for roughly €16 billion.

The Murdoch family's succession saga concludes with surprising twist.

Sources indicate the inquiry originated from a complaint filed through the corporation's whistleblowing mechanism called "Tell Us," which allows workers and external stakeholders to confidentially report possible breaches of corporate principles.

NVDA ticker shows 3% drop in after hours over new uncertainty over AI trajectory. Despite beating earnings projections, data center unit, larger than any other single chipmaker, posted $41.1 billion in revenue, slightly under expectations of $41.3 billion. But Huang notes that if more advanced products could be sold in China, Nvidia could tap into a $50 billion market growing 50% annually.

If the sell-off extends, some institutional buying interest has been spotted between $140 and $150. As reported by The Tradable, that area could represent either a major buying opportunity or a short-lived recovery depending on how traders respond.