The Daily
Trade war as it happened: Donald Trump sends trade letters to 8 more countries; President confirms 50% copper tariff will start August 1
Donald Trump’s vow to impose 50 per cent tariffs on copper imports reverberated across the market for the world’s most important industrial metal on Wednesday.
Although US copper prices shot higher after the US president delivered his threat on Tuesday, the global price on the London Metal Exchange sank on Wednesday as traders bet that tariffs would ultimately hit demand for the metal.
Nvidia CEO Huang to Face Chinese Officials Over AI Export Curbs Just as Company Touches $4 Trillion Milestone
Jensen Huang, the visionary behind NVIDIA, stands at a pivotal juncture. Fresh from steering his company to an unprecedented $4 trillion (£2.95 trillion) valuation, Huang is now set to engage with Chinese officials regarding the thorny issue of AI export restrictions.
This high-stakes dialogue comes at a moment of immense achievement and critical challenge for the tech giant.
Live updates: Trump's trade war intensifies as he hits Brazil with 50% tariff
What to Know
- Trump linked the tariffs to Brazil’s treatment of former President Jair Bolsonaro, who is on trial over charges of plotting a coup to stop President Luiz Inacio Lula da Silva from taking office in 2023.
- Lula responded in a post on X Wednesday,
» Read more about: Live updates: Trump's trade war intensifies as he hits Brazil with 50% tariff »
Changing Trends In Tech Sector: What To Watch Out For?
In May this year, Alphabet Inc. GOOG unveiled a “total reimagining of search” with the launch of AI mode – the chatbot-style search engine feature that would let users converse with the search engine; besides using AI agents to execute tasks on behalf of the user.
» Read more about: Changing Trends In Tech Sector: What To Watch Out For? »
Stock market today: Dow, S&P 500, Nasdaq waver as Nvidia milestone, Trump tariffs vie for focus
Trump says Bitcoin and tech boom show US economy is back, urges Fed to cut rates
Key Takeaways
- Trump highlights surging US tech stocks and Bitcoin as signs of economic strength.
- He urges the Federal Reserve to cut interest rates, crediting tariffs and trade policies for the boom.
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With tech stocks soaring and Bitcoin hitting fresh highs,
Gold rate today: Yellow metal's prices rise; check the latest rates in your city on July 10
Gold rate today: Yellow metal’s August contracts on the MCX opened at Rs 96,548 per 10 grams on July 10.
Gold rate today
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Smart Money Is Betting Big In VRT Options
Whales with a lot of money to spend have taken a noticeably bearish stance on Vertiv Holdings. If we consider the specifics of each trade, it is accurate to state that 39% of the investors opened …
» Read more about: Smart Money Is Betting Big In VRT Options »
3 ETFs That Continue to Beat the S&P 500
Investing
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These ETFs have a history of outperforming the S&P 500.
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They are growth-focused and are being boosted more by the AI/cloud rally.
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The three ETFs on this list can continue outperforming as long as the tech sector keeps growing fast.
» Read more about: 3 ETFs That Continue to Beat the S&P 500 »