They may be a small part of the economy, but the speed and severity of the cuts are making people nervous, even if they work in the private sector.The worries about the economic outlook are being seen more acutely in the bond market,
Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips that power artificial intelligence systems continued to grow
Joseph Moore of Morgan Stanley, an investment bank, reckons uncertainty over them will lead Nvidia to issue “conservative” revenue guidance for the year ahead. “We feel that there will be some incremental export controls in the wake of DeepSeek,
Jensen Huang is set to meet with President Donald Trump at the White House on Friday after a tumultuous week for the chipmaker’s stock. Shares of Nvidia have lost over 12% this week following the emergence of a sophisticated,
Sales to China make up about 15% of Nvidia’s total. The firm did not comment on the likelihood of further restrictions, but they are expected. “We feel that there will be some incremental export controls in the wake of DeepSeek,
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The U.S. is considering 25% tariffs on the European Union, President Trump said at the White House on Wednesday, adding more detail to the tariff threat he has issued against the 27-nation bloc. Trump had previously said he would target the EU with tariffs in response to the bloc’s own duties,