Financial Blog

Stay informed with the latest insights, analysis, and news from the world of finance and investing.

Trump Administration Issues Licenses for Nvidia Chip Going to China
Stock Market

Trump Administration Issues Licenses for Nvidia Chip Going to China

The Commerce Department has begun issuing licenses for Nvidia to send its H20 chip to China, following through on a July promise that marked a big win for Chief Executive Jensen Huang. The agency’s Bureau of Industry and Security has started granting the licenses for the artificial-intelligence chip Nvidia designed specially for the Chinese market to comply with U.S. export restrictions, according to people familiar with the matter. The licenses are some of the only licenses being granted and follow a charm offensive from Huang, who has met with Trump and Chinese officials throughout the year and reversed a ban on H20 exports that the administration imposed in April.

Aug 09, 2025 Yahoo External Link
Ad Tech Company Trade Desk Downgraded as Amazon, AI Reshape Digital Market
Stock Market

Ad Tech Company Trade Desk Downgraded as Amazon, AI Reshape Digital Market

Shares of Trade Desk plunged more than 38% Friday, a selloff that suggests investors are reassessing some of their predictions about online advertising and its major players. Trade Desk runs a demand-side platform where marketers can buy digital ad inventory around the web. Its second-quarter earnings report after the stock market closed on Thursday was its first as a member of the S&P 500.

Aug 08, 2025 Yahoo External Link
Nasdaq posts record closing high with tech gains, rate cut optimism
Economic Outlook

Nasdaq posts record closing high with tech gains, rate cut optimism

STORY: U.S. stocks ended higher on Friday, with the Dow adding nearly half a percent, the S&P 500 climbing more than three-quarters of a percent, and the Nasdaq gaining one percent to notch a record closing high for the second straight day.The three major indexes registered solid gains for the week, notes Steven Schoenfeld, CEO of MarketVector Indexes."It's a combination of some geopolitical hopes - the fact that the President is going to meet with [Russian President Vladimir] Putin very near term is giving some hope of relaxation of geopolitical tensions - earnings continue to be strong, and the hope for lower interest rates."Stocks on the move included Apple, which rose more than 4% Friday and was up over 13% for the week, it's biggest weekly percentage gain since 2020.Also helping the S&P 500 were shares of Gilead Sciences, which jumped more than 8% after the biopharmaceutical company raised its full-year financial outlook.And shares of Expedia rose more than 4% after the online travel agent raised its annual forecast for gross bookings and revenue growth.Inflation will be in focus next week, which could serve as a test for the stock market rally.The monthly U.S. consumer price index report is due on Tuesday, and some investors say equities could be set for a pullback depending on what it reveals.

Aug 08, 2025 Yahoo External Link
US licenses Nvidia to export chips to China, official says
Stock Market

US licenses Nvidia to export chips to China, official says

(Reuters) -The commerce department has started issuing licenses to Nvidia to export its H20 chips to China, a U.S. official told Reuters on Friday, removing a significant hurdle to the AI bellwether's access to a key market. The U.S. last month reversed an April ban on the sale of the H20 chip to China. Nvidia CEO Jensen Huang met with Trump on Wednesday, two sources familiar with the matter told Reuters.

Aug 08, 2025 Yahoo External Link

Search

Categories

All Posts Cryptocurrency Economic Outlook Investment Strategy Market Analysis Personal Finance Real Estate Stock Market Wealth Management