Q2 earnings season has officially begun as the big banks start reporting results, and the first one as usual is JPMorgan, with no surprises after yet another top and bottom line beat. Here is a snapshot of what the largest US banks just reported: Adjusted EPS $4.96, beating estimates of $4.47 Adjusted revenue $45.68 billion, beating […]

Nvidia shares rose as much as 5% in premarket trading in New York after the company announced in a blog post that exports of its H20 AI chips to China would be approved under a U.S. export license — a major reversal from the Trump administration’s earlier stance aimed at curbing Beijing’s AI ambitions. Nvidia […]

Apple is reportedly set to join the Pentagon as an investor in MP Materials and announce a $500 million partnership with the company, according to a Fox Business report citing individuals familiar with the matter this morning. MP shares surged more than 10% on the news in a move that comes after a more than […]

China’s GDP grew 5.2% on the year in the second quarter, just fractionally above expectations (as is usually the case when Beijing reports fake numbers) the National Bureau of Statistics said Tuesday, fueled by frontloaded exports ahead of even more tariffs and a flood of subsidies that supported the manufacturing sector. The figure beat the […]

In a statement Monday, the Syrian Interior Ministry described the incident as “a serious threat to civil peace and public security and is against law and the values of coexistence and national unity,” expressing its “full respect for the rights of all Syrians.” Yet the government renewed its calls for local militias, including the Druze […]