Tech giant Apple (AAPL) has chosen Samsung Display (SSNLF) as the exclusive supplier of OLED screens in its first foldable iPhone, according to Business Korea. The phone is expected to be launched in the second half of next year and is a big shift from Apple’s usual practice of using multiple suppliers to lower costs.
» Read more about: Apple (AAPL) to Use Samsung’s OLED Screens in Its First Foldable iPhone »
Nvidia (NVDA) stock sank as much as 10% Wednesday after the AI chipmaker disclosed that it would take a $5.5 billion hit from the US government’s surprise new controls on its semiconductor exports to China.
Nvidia said in a regulatory filing late Tuesday night that the US government informed the company it would require a special license for exports of its H20 chips made specifically for the Chinese market to comply with US trade rules.
Wall Street economists are tweaking their GDP growth estimates as new data trickles in, with Trump’s tariff whipsaw still firmly in the background.
The Atlanta Fed’s GDPNow tool, which uses already released data to forecast the quarterly pace of economic growth, now projects that GDP fell by 2.2% in the first three months of the year,
Nvidia (NVDA -7.03%) shares fell more than 7% on Wednesday morning, after the company disclosed new export restrictions on its artificial intelligence (AI) chips. Specifically, the company must now obtain licenses from the U.S. government to sell its H20 processors in China.
» Read more about: Nvidia Stock Crashed on Bad News From Washington. Should Investors Buy the Dip? »
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2025-04-16T19:38:50Z
» Read more about: Stocks tank on a double whammy of tariff warnings from the Fed and Nvidia »
Renowned investor and hedge fund manager Cathie Wood has shared her thoughts on President Trump’s tariff plan. While many are concerned about its implications, Wood sees a silver lining and believes the policy could bring some unexpected benefits.
For context, Cathie Wood is the founder and CEO of ARK Invest,
» Read more about: Cathie Wood Finds Silver Lining in Trump’s “Shock Therapy” Tariff Plan »
We recently published a list of the 11 Best Penny Stocks to Invest in Under $1. In this article, we are going to take a look at where I-80 Gold Corp. (NYSEAMERICAN:IAUX) stands against other penny stocks to invest in under $1.
Earlier on February 12 this year,
» Read more about: Is I-80 Gold Corp. (IAUX) the Best Penny Stock to Invest in Under $1? »
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 42% bearish. Among these notable options, 22 are puts, totaling $1,329,107, and 4 are calls, amounting to …
» Read more about: Unpacking the Latest Options Trading Trends in GE Aerospace »
The administration of President Donald Trump classified thousands of living people as deceased, which removes their Social Security numbers and complicates their access to essential services, in a move that has raised alarm among immigrant rights organizations.
The move, denounced by activists as “digital assassination,”
» Read more about: Goodbye to Social Security benefits for immigrants: Who is affected? »
Wall Street economists are tweaking their GDP growth estimates as new data trickles in, with Trump’s tariff whipsaw still firmly in the background.
The Atlanta Fed’s GDPNow tool, which uses already released data to forecast the quarterly pace of economic growth, now projects that GDP fell by 2.2% in the first three months of the year,