(Bloomberg) -- Xi Jinping signaled China is moving toward greater openness, striking an upbeat note during his meeting with US business leaders accompanying Donald Trump as the two presidents wrapped up morning talks that featured more divisive issues like trade and Taiwan.Most Read from BloombergIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightTrump Land
Net profit for January-March for Nvidia's biggest server maker and Apple's top iPhone assembler was T$49.92 billion ($1.58 billion), versus a LSEG consensus estimate of T$48.88 billion. In an earnings release, it stuck to its previous forecast of "strong" growth for revenue this year and said it also saw strong demand for AI servers. Foxconn, formally called Hon Hai Precision Industry, in April reported a 30% on-year jump in first-quarter revenue.
Donald Trump’s state visit to China gives the US president an opportunity to distract attention from his war with Iran and troubles at home,...
In China, Elon Musk has been the object of love - and occasional loathing. The Tesla boss has been both lauded as a visionary and criticised by Chinese regulators and the public for the alleged bungling of customer complaints. In addition, the dominance of SpaceX and its Starlink satellite unit has raised the ire of the People's Liberation Army.
Apple (NasdaqGS:AAPL) CEO Tim Cook is joining President Trump and other top U.S. tech leaders on a business delegation to China. The group is meeting Chinese officials to discuss technology, trade, and regulatory issues that directly affect Apple's position in the country. The summit focuses on market access, product approvals, and longer term cooperation in areas such as hardware and AI. For Apple, China is a key market for iPhone, iPad, Mac, and wearables, as well as a core hub for its...
Trading near record highs, this tech giant's stock may still have plenty of upside over the next decade.
Investors are watching chips, aerospace, agriculture and rare earths as Trump and Xi head into high-stakes talks.
Futures rose as Cisco soared on earnings. AI chip IPO Cerebras priced high. The Trump-Xi summit has begun.
I’ve been studying portfolio concentration for years, and one stat from Schwab’s On Investing podcast keeps echoing in my head. In 2022, the Magnificent Seven fell roughly 40% while the S&P 500 dropped 18%. Our data confirms the pain: SPY shed 20% that calendar year, while Meta Platforms (NASDAQ:META) collapsed 64%, NVIDIA (NASDAQ:NVDA) fell 51%, ... The Magnificent Seven Fell 40% While the S&P Dropped 18%: Here’s How Much Tech Concentration You Can Actually Afford
(Bloomberg) -- President Donald Trump arrived in Beijing for the first state visit to China by a US leader in nine years, as the world’s two largest economies look to stabilize ties with a summit playing out against the backdrop of the Iran war.Most Read from BloombergIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightTrump Lands in China for Xi Trade Summi
Apple’s (AAPL) AI strategy has been quiet for a while, but things could change quickly. Wedbush analyst Dan Ives raised his 12-month price target on Apple to $400 from $350, making it the most bullish call among major Wall Street analysts, according to TheFly. The move shows a broader ...
Market Domination Overtime host Josh Lipton takes a look at the top stories for investors to watch on Thursday, May 15, including updates from President Trump’s meeting with Chinese President Xi Jinping, earnings reports from Viking Holdings (VIK), Klarna (KLAR), Applied Materials (AMAT), and Figma (FIG), and a check-in on the consumer as new U.S. retail sales data is released.
Eyes are on the crucial Trump-Xi summit that has kicked off in Beijing, with trade and AI high on the agenda.
The Nasdaq Composite and the S&P 500 reached fresh peaks on Wednesday, buoyed by a rally in technolo
A walkout at rival Samsung could hit about 3% of global memory-chip production, according to estimates.
» Wall Street’s Top Chartist Warns US Tech Stocks Now At Highest Concentration Since the 2000 Bubble
Craig Johnson, Chief Market Technician at Piper Sandler, used his CNBC Morning Call Sheet appearance to flag concerns for self-directed investors riding the AI trade. Introducing Piper Sandler’s report The Bull Market That Few Trust, Johnson said: “The technology sector is now 41% of the investable assets here in the US. Semiconductors are 50% of ... Wall Street’s Top Chartist Warns US Tech Stocks Now At Highest Concentration Since the 2000 Bubble
Watch Video Highlights from 1st Princeton CorpGov Forum Below, or Click HERE: CorpGov is pleased to announce the agenda for the second Princeton CorpGov Forum to be held Thursday, May 21, 2026 at The Nassau Inn in Princeton, New Jersey. Our roster of speakers features industry leaders and alumni spanning five decades at Princeton, with […]
Morgan Stanley analysts on Wednesday reiterated their endorsement of hyperscaler stocks, which they argue offer investors exceptional earnings growth at "undemanding" prices.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.04%. June E-mini S&P futures (ESM26 ) rose +0.62%, and June E-mini Nasdaq futures...
Qnity Electronics, Inc. reported past first‑quarter 2026 results with sales of US$1.32 billion, net income of US$151 million, and basic earnings per share from continuing operations of US$0.72, while also raising its full‑year net sales outlook to between US$5.23 billion and US$5.38 billion. The company tied its stronger outlook to demand for materials and packaging used in artificial intelligence and advanced computing, underpinned by collaborations with NVIDIA and participation in Apple’s...